Analysts Set Expectations for Meritage Homes FY2025 Earnings

Meritage Homes Corporation (NYSE:MTH) – Equities research analysts at Wedbush increased their FY2025 earnings per share (EPS) estimates for Meritage Homes in a research report issued to clients and investors on Wednesday, October 29th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $6.95 per share for the year, up from their prior forecast of $6.87. Wedbush currently has a “Neutral” rating and a $90.00 target price on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Wedbush also issued estimates for Meritage Homes’ Q4 2025 earnings at $1.61 EPS, Q1 2026 earnings at $1.43 EPS, Q2 2026 earnings at $1.50 EPS, Q3 2026 earnings at $1.71 EPS, Q1 2027 earnings at $1.51 EPS and Q2 2027 earnings at $1.65 EPS.

Several other research analysts have also weighed in on the company. JPMorgan Chase & Co. lowered their price objective on Meritage Homes from $70.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday, July 28th. Evercore ISI lowered their price objective on Meritage Homes from $82.00 to $78.00 and set an “in-line” rating for the company in a research report on Thursday. UBS Group set a $101.00 price objective on Meritage Homes and gave the stock a “buy” rating in a research report on Thursday. Zelman & Associates upgraded Meritage Homes to a “strong-buy” rating in a research report on Thursday, July 24th. Finally, Bank of America decreased their price target on Meritage Homes from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $83.43.

Meritage Homes Trading Up 0.2%

Shares of Meritage Homes stock opened at $67.60 on Monday. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of 6.87 and a beta of 1.42. Meritage Homes has a fifty-two week low of $59.27 and a fifty-two week high of $98.74. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.16 and a current ratio of 1.95. The stock has a 50 day moving average of $73.70 and a 200 day moving average of $70.60.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings data on Tuesday, October 28th. The construction company reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.71 by ($0.32). The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Meritage Homes had a return on equity of 10.37% and a net margin of 8.96%.The company’s revenue was down 11.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.34 earnings per share. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. boosted its holdings in Meritage Homes by 5.8% in the first quarter. Crossmark Global Holdings Inc. now owns 3,439 shares of the construction company’s stock valued at $244,000 after purchasing an additional 189 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Meritage Homes by 100.7% in the first quarter. Nisa Investment Advisors LLC now owns 30,325 shares of the construction company’s stock valued at $2,149,000 after purchasing an additional 15,218 shares during the period. Reyes Financial Architecture Inc. boosted its holdings in Meritage Homes by 182.0% in the first quarter. Reyes Financial Architecture Inc. now owns 1,255 shares of the construction company’s stock valued at $89,000 after purchasing an additional 810 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in Meritage Homes by 151.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,202 shares of the construction company’s stock valued at $440,000 after purchasing an additional 3,731 shares during the period. Finally, Amalgamated Bank boosted its holdings in Meritage Homes by 94.4% in the first quarter. Amalgamated Bank now owns 20,623 shares of the construction company’s stock valued at $1,462,000 after purchasing an additional 10,012 shares during the period. 98.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Meritage Homes news, CEO Phillippe Lord sold 6,950 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $80.01, for a total transaction of $556,069.50. Following the transaction, the chief executive officer directly owned 221,320 shares in the company, valued at $17,707,813.20. This represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is owned by company insiders.

Meritage Homes Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Tuesday, September 16th. Meritage Homes’s dividend payout ratio is 17.48%.

Meritage Homes Company Profile

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.