Meritage Homes (NYSE:MTH) Price Target Cut to $101.00 by Analysts at UBS Group

Meritage Homes (NYSE:MTH) had its price target reduced by UBS Group from $104.00 to $101.00 in a report released on Friday,Benzinga reports. UBS Group currently has a buy rating on the construction company’s stock.

Other research analysts also recently issued reports about the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $90.00 price target on shares of Meritage Homes in a report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Meritage Homes in a research note on Monday, December 29th. Bank of America reissued a “neutral” rating and set a $82.00 price target (up from $75.00) on shares of Meritage Homes in a research report on Friday, January 16th. Wall Street Zen cut shares of Meritage Homes from a “hold” rating to a “sell” rating in a report on Sunday, January 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Meritage Homes from $60.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $84.25.

Meritage Homes Price Performance

Shares of MTH stock opened at $71.89 on Friday. The company has a market capitalization of $5.06 billion, a P/E ratio of 7.31 and a beta of 1.48. The company’s 50-day simple moving average is $70.56 and its two-hundred day simple moving average is $71.93. Meritage Homes has a one year low of $59.27 and a one year high of $84.74. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.95 and a quick ratio of 1.95.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings data on Tuesday, October 28th. The construction company reported $1.39 earnings per share (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 the consensus estimate of $1.48 billion. Meritage Homes had a return on equity of 10.37% and a net margin of 8.96%.The firm’s revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period last year, the company earned $5.34 EPS. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS. As a group, equities analysts anticipate that Meritage Homes will post 9.44 EPS for the current year.

Meritage Homes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, December 17th. Meritage Homes’s dividend payout ratio (DPR) is 17.48%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTH. Archer Investment Corp increased its stake in shares of Meritage Homes by 11.4% in the 3rd quarter. Archer Investment Corp now owns 1,559 shares of the construction company’s stock valued at $113,000 after purchasing an additional 159 shares in the last quarter. Signaturefd LLC grew its holdings in 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 purchasing an additional 165 shares during the period. Arkadios Wealth Advisors increased its position in shares of Meritage Homes by 3.3% in the third 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 in the last quarter. QRG Capital Management Inc. raised its stake in shares of Meritage Homes by 2.5% during the 2nd quarter. QRG Capital Management Inc. now owns 8,658 shares of the construction company’s stock worth $580,000 after buying an additional 208 shares during the period. Finally, State of Alaska Department of Revenue raised its position in Meritage Homes by 0.4% during the fourth quarter. State of Alaska Department of Revenue now owns 60,040 shares of the construction company’s stock worth $3,949,000 after acquiring an additional 245 shares during the period. Hedge funds and other institutional investors own 98.44% of the company’s stock.

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.