Q3 EPS Estimates for Meritage Homes Decreased by Analyst

Meritage Homes Corporation (NYSE:MTH) – Zacks Research lowered their Q3 2027 earnings per share (EPS) estimates for shares of Meritage Homes in a research note issued on Wednesday, February 11th. Zacks Research analyst Team now expects that the construction company will post earnings per share of $1.83 for the quarter, down from their previous forecast of $2.16. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Zacks Research also issued estimates for Meritage Homes’ FY2027 earnings at $7.12 EPS and FY2028 earnings at $8.26 EPS.

Meritage Homes (NYSE:MTH) last released its earnings results on Wednesday, January 28th. The construction company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.12. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.51 billion. Meritage Homes had a return on equity of 9.28% and a net margin of 7.73%.Meritage Homes’s revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.72 earnings per share.

A number of other brokerages also recently weighed in on MTH. Bank of America restated a “neutral” rating and set a $82.00 target price (up from $75.00) on shares of Meritage Homes in a report on Friday, January 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Meritage Homes in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their target price on shares of Meritage Homes from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Keefe, Bruyette & Woods reduced their price target on Meritage Homes from $78.00 to $76.00 and set a “market perform” rating for the company in a report on Tuesday, February 3rd. Finally, Citizens Jmp started coverage on Meritage Homes in a research note on Wednesday, January 7th. They issued a “market outperform” rating and a $90.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $83.63.

Meritage Homes Stock Up 5.1%

NYSE:MTH opened at $80.71 on Friday. Meritage Homes has a twelve month low of $59.27 and a twelve month high of $84.74. The firm has a market capitalization of $5.68 billion, a price-to-earnings ratio of 12.77, a price-to-earnings-growth ratio of 1.35 and a beta of 1.48. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average price is $71.50 and its two-hundred day moving average price is $72.14.

Institutional Investors Weigh In On Meritage Homes

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Salomon & Ludwin LLC increased its position in Meritage Homes by 63.9% during the fourth quarter. Salomon & Ludwin LLC now owns 372 shares of the construction company’s stock worth $25,000 after acquiring an additional 145 shares during the period. New Age Alpha Advisors LLC grew its position in shares of Meritage Homes by 1.5% during the 4th quarter. New Age Alpha Advisors LLC now owns 10,627 shares of the construction company’s stock worth $699,000 after purchasing an additional 158 shares in the last quarter. Archer Investment Corp increased its holdings in shares of Meritage Homes by 11.4% during the third quarter. Archer Investment Corp now owns 1,559 shares of the construction company’s stock worth $113,000 after purchasing an additional 159 shares during the period. ProShare Advisors LLC raised its position in shares of Meritage Homes by 1.2% in the fourth quarter. ProShare Advisors LLC now owns 13,559 shares of the construction company’s stock valued at $892,000 after buying an additional 164 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Meritage Homes by 25.7% in the fourth quarter. Signaturefd LLC now owns 808 shares of the construction company’s stock valued at $53,000 after buying an additional 165 shares during the period. Institutional investors and hedge funds own 98.44% of the company’s stock.

Meritage Homes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, December 17th. Meritage Homes’s dividend payout ratio is currently 27.22%.

Key Headlines Impacting Meritage Homes

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

• Negative Sentiment: Zacks Research cut multiple FY2026–FY2028 and quarterly EPS forecasts for Meritage, lowering its full‑year outlook (FY2026 now $6.19 from $6.65) and keeping a “Strong Sell” rating — this raises downside risk to sentiment and could pressure valuation multiple if others follow. Zacks cuts MTH estimates (Feb 11, 2026)
• Negative Sentiment: Zacks lowered near‑term quarterly estimates across 2026–2027 (examples: Q1 2026 from $1.29 to $1.15; Q2 2026 to $1.77; Q3 2026 to $1.60; Q1 2027 to $1.33; Q3 2027 to $1.83), signaling expectations for softer homebuilding margins or volumes. Zacks trims quarterly EPS for MTH (Feb 11, 2026)
• Negative Sentiment: Longer‑term forecasts were cut (FY2027 now $7.12 vs prior $8.11; FY2028 $8.26), suggesting Zacks models slower recovery or higher cost pressures than consensus — could lead to analyst re‑ratings if sustained. Zacks lowers FY2027–FY2028 for MTH (Feb 11, 2026)

Meritage Homes Company Profile

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.