Analysts Set Expectations for Meritage Homes FY2025 Earnings

Meritage Homes Corporation (NYSE:MTH) – Stock analysts at Seaport Res Ptn lowered their FY2025 EPS estimates for shares of Meritage Homes in a report issued on Wednesday, October 29th. Seaport Res Ptn analyst K. Zener now forecasts that the construction company will earn $6.70 per share for the year, down from their previous estimate of $8.56. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Seaport Res Ptn also issued estimates for Meritage Homes’ Q4 2025 earnings at $1.56 EPS and FY2026 earnings at $6.43 EPS.

A number of other equities research analysts also recently issued reports on MTH. JPMorgan Chase & Co. cut their target price on shares of 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 cut their target price on shares of Meritage Homes from $82.00 to $78.00 and set an “in-line” rating for the company in a research report on Thursday. Bank of America cut their target price on shares of Meritage Homes from $85.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, October 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Meritage Homes in a research report on Wednesday, October 8th. Finally, Zelman & Associates upgraded shares of Meritage Homes to a “strong-buy” rating in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $83.43.

Meritage Homes Stock Up 0.2%

MTH stock opened at $67.60 on Monday. Meritage Homes has a 12-month low of $59.27 and a 12-month high of $98.74. The company has a quick ratio of 2.16, a current ratio of 1.95 and a debt-to-equity ratio of 0.35. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 6.87 and a beta of 1.42. The company has a 50 day moving average of $73.70 and a two-hundred day moving average of $70.60.

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

Meritage Homes Announces Dividend

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

Insider Buying and Selling at Meritage Homes

In other news, CEO Phillippe Lord sold 6,950 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $80.01, for a total transaction of $556,069.50. Following the transaction, the chief executive officer owned 221,320 shares in the company, valued at approximately $17,707,813.20. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Meritage Homes by 5.7% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 16,305 shares of the construction company’s stock valued at $1,181,000 after purchasing an additional 881 shares in the last quarter. Sage Rhino Capital LLC bought a new position in shares of Meritage Homes during the 3rd quarter valued at $201,000. Mitsubishi UFJ Trust & Banking Corp acquired a new position in Meritage Homes in the 3rd quarter valued at $375,000. Arkadios Wealth Advisors grew its stake in Meritage Homes by 3.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 5,749 shares of the construction company’s stock valued at $416,000 after buying an additional 183 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its stake in Meritage Homes by 32.7% in the 3rd quarter. Evergreen Capital Management LLC now owns 7,634 shares of the construction company’s stock valued at $553,000 after buying an additional 1,880 shares during the last quarter. Institutional investors own 98.44% of the company’s stock.

About Meritage Homes

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.