Meritage Homes Q2 EPS Forecast Reduced by Zacks Research

Posted by Stanley Muller on Aug 14th, 2026

Meritage Homes Corporation (NYSE:MTH – Free Report) – Equities research analysts at Zacks Research cut their Q2 2027 earnings per share estimates for Meritage Homes in a research report issued to clients and investors on Wednesday, August 12th. Zacks Research analyst Team now expects that the construction company will post earnings of $1.57 per share for the quarter, down from their prior forecast of $1.60. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $5.04 per share. Zacks Research also issued estimates for Meritage Homes’ Q3 2027 earnings at $1.48 EPS, Q4 2027 earnings at $1.79 EPS, FY2027 earnings at $5.88 EPS, Q1 2028 earnings at $1.12 EPS, Q2 2028 earnings at $1.89 EPS and FY2028 earnings at $7.01 EPS.

MTH has been the subject of a number of other research reports. Wall Street Zen raised shares of Meritage Homes from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings raised Meritage Homes from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Bank of America decreased their price objective on Meritage Homes from $74.00 to $72.00 and set a “neutral” rating on the stock in a research report on Monday, April 20th. UBS Group reissued a “buy” rating and issued a $88.00 target price (up from $86.00) on shares of Meritage Homes in a research note on Friday, July 31st. Finally, Truist Financial set a $80.00 target price on Meritage Homes and gave the stock a “buy” rating in a research report on Thursday, April 16th. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $79.25.

Get Our Latest Stock Analysis on MTH

Meritage Homes Price Performance

Shares of MTH stock opened at $73.57 on Friday. Meritage Homes has a 1 year low of $58.03 and a 1 year high of $85.38. The firm’s 50 day moving average is $75.00 and its 200-day moving average is $70.32. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 5.34 and a beta of 1.36. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.37.

Meritage Homes (NYSE:MTH – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. Meritage Homes had a net margin of 6.11% and a return on equity of 7.13%. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the firm earned $2.04 EPS. The company’s revenue was down 14.1% on a year-over-year basis.

Meritage Homes Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 16th. Meritage Homes’s payout ratio is 40.17%.

Hedge Funds Weigh In On Meritage Homes

Several large investors have recently bought and sold shares of MTH. Dimensional Fund Advisors LP grew its holdings in Meritage Homes by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,901,851 shares of the construction company’s stock worth $190,943,000 after acquiring an additional 16,338 shares during the period. Balyasny Asset Management L.P. lifted its stake in shares of Meritage Homes by 58.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,423,013 shares of the construction company’s stock valued at $95,299,000 after purchasing an additional 527,265 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Meritage Homes by 58.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,058,850 shares of the construction company’s stock worth $75,051,000 after purchasing an additional 391,297 shares during the last quarter. Norges Bank bought a new position in shares of Meritage Homes in the 4th quarter worth $63,053,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Meritage Homes by 7.7% during the fourth quarter. Bank of New York Mellon Corp now owns 855,679 shares of the construction company’s stock worth $56,304,000 after purchasing an additional 61,342 shares during the period. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Meritage Homes News Summary

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

Positive Sentiment: Zacks raised its Q1 2027 EPS forecast to $1.03 from $0.96, indicating a modest improvement in expectations for that quarter.
Neutral Sentiment: Zacks maintained a Hold rating on MTH. The company’s current full-year consensus EPS estimate is approximately $5.04–$5.06, while Zacks forecasts FY2026 EPS of $5.01 and FY2027 EPS of $5.88.
Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $1.25 from $1.41, Q4 2026 to $1.48 from $1.57, and FY2026 to $5.01 from $5.17. These cuts point to softer near-term earnings expectations.
Negative Sentiment: Forecasts for FY2027 were reduced to $5.88 EPS from $6.10, with cuts to Q2 2027 ($1.57 from $1.60), Q3 2027 ($1.48 from $1.72), and Q4 2027 ($1.79 from $1.82).
Negative Sentiment: Zacks also reduced its longer-term forecasts: Q1 2028 EPS to $1.12 from $1.19, Q2 2028 to $1.89 from $1.96, and FY2028 to $7.01 from $7.36. Broad-based reductions can pressure valuation because they lower expected future earnings and growth.

Meritage Homes Company Profile

(Get Free Report)

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.