Citizens Jmp Predicts Increased Earnings for Meritage Homes

Meritage Homes Corporation (NYSE:MTH) – Analysts at Citizens Jmp lifted their Q2 2026 EPS estimates for shares of Meritage Homes in a report issued on Sunday, February 1st. Citizens Jmp analyst J. Mccanless now anticipates that the construction company will post earnings of $1.38 per share for the quarter, up from their previous forecast of $1.37. Citizens Jmp currently has a “Market Outperform” rating and a $90.00 price target on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Citizens Jmp also issued estimates for Meritage Homes’ Q3 2026 earnings at $1.46 EPS, Q4 2026 earnings at $1.54 EPS, FY2026 earnings at $5.38 EPS, Q2 2027 earnings at $1.44 EPS, Q4 2027 earnings at $1.66 EPS and FY2027 earnings at $5.67 EPS.

MTH has been the topic of several other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Meritage Homes in a report on Monday, December 29th. The Goldman Sachs Group reiterated a “buy” rating and set a $90.00 target price on shares of Meritage Homes in a research report on Tuesday, January 13th. Zacks Research lowered shares of Meritage Homes from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 10th. UBS Group set a $95.00 price objective on shares of Meritage Homes in a research report on Friday, January 30th. Finally, Bank of America reiterated a “neutral” rating and issued a $82.00 target price (up previously from $75.00) on shares of Meritage Homes in a research report on Friday, January 16th. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $83.63.

Meritage Homes Price Performance

Shares of Meritage Homes stock opened at $75.39 on Wednesday. The firm has a market cap of $5.31 billion, a PE ratio of 11.93, a P/E/G ratio of 1.14 and a beta of 1.48. Meritage Homes has a twelve month low of $59.27 and a twelve month high of $84.74. 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 business has a 50-day moving average price of $70.94 and a 200 day moving average price of $71.88.

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

Meritage Homes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. Meritage Homes’s dividend payout ratio is presently 27.22%.

Hedge Funds Weigh In On Meritage Homes

Hedge funds and other institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC grew its stake in Meritage Homes by 63.9% during the 4th quarter. Salomon & Ludwin LLC now owns 372 shares of the construction company’s stock valued at $25,000 after acquiring an additional 145 shares in the last quarter. Larson Financial Group LLC lifted its stake in Meritage Homes by 265.5% in the 3rd quarter. Larson Financial Group LLC now owns 402 shares of the construction company’s stock worth $29,000 after purchasing an additional 292 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Meritage Homes during the 2nd quarter worth approximately $33,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Meritage Homes in the fourth quarter valued at approximately $39,000. Finally, Signaturefd LLC increased its holdings in shares of Meritage Homes by 54.9% in the second quarter. Signaturefd LLC now owns 618 shares of the construction company’s stock valued at $41,000 after purchasing an additional 219 shares during the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

Meritage Homes News Roundup

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

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.