Brokers Offer Predictions for Meritage Homes Q3 Earnings

Meritage Homes Corporation (NYSE:MTH) – Equities researchers at Keefe, Bruyette & Woods lowered their Q3 2026 EPS estimates for Meritage Homes in a research note issued to investors on Monday, February 2nd. Keefe, Bruyette & Woods analyst J. Rahmani now forecasts that the construction company will post earnings per share of $1.57 for the quarter, down from their previous estimate of $1.67. Keefe, Bruyette & Woods currently has a “Market Perform” rating and a $76.00 target price on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Keefe, Bruyette & Woods also issued estimates for Meritage Homes’ Q4 2026 earnings at $1.66 EPS.

A number of other research analysts also recently commented on MTH. Wall Street Zen downgraded Meritage Homes from a “hold” rating to a “sell” rating in a research note on Sunday, January 11th. Zacks Research lowered shares of Meritage Homes from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 10th. Citigroup began coverage on shares of Meritage Homes in a research report on Wednesday, January 7th. They issued an “outperform” rating for the company. Bank of America reiterated a “neutral” rating and set a $82.00 price target (up previously from $75.00) on shares of Meritage Homes in a research report on Friday, January 16th. Finally, UBS Group set a $95.00 price objective on shares of Meritage Homes in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Meritage Homes presently has a consensus rating of “Hold” and a consensus target price of $83.63.

Meritage Homes Price Performance

Shares of NYSE MTH opened at $75.39 on Wednesday. The business has a fifty day moving average price of $70.94 and a two-hundred day moving average price of $71.88. The stock has a market capitalization of $5.31 billion, a PE ratio of 11.93, a P/E/G ratio of 1.14 and a beta of 1.48. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.10 and a quick ratio of 1.95. Meritage Homes has a fifty-two week low of $59.27 and a fifty-two week high of $84.74.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings results on Wednesday, January 28th. The construction company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.12. Meritage Homes had a return on equity of 9.28% and a net margin of 7.73%.The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the company posted $4.72 earnings per share. The firm’s revenue for the quarter was down 11.9% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Salomon & Ludwin LLC increased its holdings in Meritage Homes by 63.9% in the 4th quarter. Salomon & Ludwin LLC now owns 372 shares of the construction company’s stock worth $25,000 after purchasing an additional 145 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Meritage Homes by 265.5% during the third quarter. Larson Financial Group LLC now owns 402 shares of the construction company’s stock worth $29,000 after purchasing an additional 292 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Meritage Homes in the second quarter valued at approximately $33,000. Brown Lisle Cummings Inc. acquired a new position in shares of Meritage Homes in the fourth quarter valued at approximately $39,000. Finally, Signaturefd LLC raised its holdings in Meritage Homes by 54.9% in the 2nd quarter. Signaturefd LLC now owns 618 shares of the construction company’s stock valued at $41,000 after buying an additional 219 shares during the last quarter. 98.44% of the stock is currently owned by institutional investors.

Meritage Homes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th were given a $0.43 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. Meritage Homes’s dividend payout ratio (DPR) is currently 27.22%.

Trending Headlines about Meritage Homes

Here are the key news stories impacting Meritage Homes this week:

• Positive Sentiment: Q4 earnings included an EPS beat (reported $1.67 vs. consensus ~$1.55), which supports near‑term profitability expectations and likely underpins the stock strength.
• Positive Sentiment: Citizens Jmp raised several near‑term quarterly EPS estimates (small raises to Q2/Q3/Q4 2026 and Q4 2027) and kept a Market Outperform rating with a $90 price target — a constructive analyst view that supports upside potential. MarketBeat Analyst Notes
• Neutral Sentiment: MSN summarized five revealing analyst questions from Meritage’s Q4 earnings call — useful color on management’s commentary about backlog, pricing, incentives and margins but informational rather than action‑changing by itself. 5 Revealing Analyst Questions From Meritage Homes’s Q4 Earnings Call
• Negative Sentiment: Keefe, Bruyette & Woods cut near‑term EPS estimates (Q3/Q4 2026) and lowered its price target to $76 with a Market Perform rating — a more cautious stance that reduces analyst‑driven upside and may temper momentum. Benzinga
• Negative Sentiment: Citizens Jmp also trimmed its FY2026 and FY2027 earnings forecasts (notable cuts from prior forecasts), reflecting expectations for softer full‑year results despite some quarter‑by‑quarter raises — this downtick in multi‑year guidance is a headwind for valuation. MarketBeat Analyst Notes

About Meritage Homes

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.