Q2 EPS Estimates for Meritage Homes Lifted by Zacks Research

Meritage Homes Corporation (NYSE:MTH) – Zacks Research boosted their Q2 2026 EPS estimates for shares of Meritage Homes in a note issued to investors on Thursday, May 14th. Zacks Research analyst Team now expects that the construction company will post earnings of $1.30 per share for the quarter, up from their prior forecast of $1.29. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $5.00 per share. Zacks Research also issued estimates for Meritage Homes’ Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.58 EPS, FY2026 earnings at $5.17 EPS, Q1 2027 earnings at $0.96 EPS, Q2 2027 earnings at $1.60 EPS, Q3 2027 earnings at $1.72 EPS, FY2027 earnings at $6.10 EPS, Q1 2028 earnings at $1.18 EPS and FY2028 earnings at $7.34 EPS.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings results on Wednesday, April 22nd. The construction company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.12). The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.55 billion. Meritage Homes had a return on equity of 8.08% and a net margin of 6.86%.The business’s revenue for the quarter was down 17.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.69 EPS.

MTH has been the topic of several other research reports. JPMorgan Chase & Co. lowered their target price on shares of Meritage Homes from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 28th. Keefe, Bruyette & Woods reduced their price target on shares of Meritage Homes from $78.00 to $76.00 and set a “market perform” rating for the company in a research report on Tuesday, February 3rd. Truist Financial set a $80.00 target price on shares of Meritage Homes and gave the stock a “buy” rating in a report on Thursday, April 16th. Weiss Ratings lowered shares of Meritage Homes from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Finally, Bank of America cut their price objective on shares of Meritage Homes from $74.00 to $72.00 and set a “neutral” rating for the company in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has issued 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 $79.89.

Meritage Homes Stock Performance

Shares of Meritage Homes stock opened at $61.37 on Tuesday. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 2.62 and a beta of 1.43. The firm’s 50-day moving average is $64.31 and its 200 day moving average is $68.88. Meritage Homes has a 1 year low of $58.03 and a 1 year high of $84.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.96 and a quick ratio of 1.96.

Meritage Homes Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a dividend of $0.48 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.1%. This is an increase from Meritage Homes’s previous quarterly dividend of $0.43. Meritage Homes’s dividend payout ratio is currently 35.23%.

Insider Transactions at Meritage Homes

In other news, CAO Alison Sasser sold 1,273 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.11, for a total transaction of $79,066.03. Following the completion of the transaction, the chief accounting officer directly owned 7,634 shares in the company, valued at approximately $474,147.74. This represents a 14.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Hilla Sferruzza sold 10,928 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $76.35, for a total value of $834,352.80. Following the transaction, the chief financial officer owned 124,961 shares of the company’s stock, valued at $9,540,772.35. This represents a 8.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 48,895 shares of company stock valued at $3,719,339 over the last quarter. 2.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

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

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.