Brokers Offer Predictions for Meritage Homes Q3 Earnings

Posted by Francis Steltz on Oct 15th, 2026

Meritage Homes Corporation (NYSE:MTH – Free Report) – Equities researchers at Wolfe Research reduced their Q3 2026 earnings per share (EPS) estimates for Meritage Homes in a note issued to investors on Tuesday, October 6th. Wolfe Research analyst T. Allinson now forecasts that the construction company will post earnings of $1.08 per share for the quarter, down from their previous estimate of $1.14. The consensus estimate for Meritage Homes’ current full-year earnings is $4.93 per share. Wolfe Research also issued estimates for Meritage Homes’ FY2026 earnings at $4.67 EPS and FY2027 earnings at $5.86 EPS.

Several other equities analysts also recently weighed in on the stock. The Goldman Sachs Group set a $82.00 price target on shares of Meritage Homes and gave the company a “buy” rating in a report on Monday. Citigroup restated a “market outperform” rating on shares of Meritage Homes in a research report on Monday, July 6th. Zacks Research cut shares of Meritage Homes from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 8th. Evercore set a $65.00 target price on shares of Meritage Homes in a report on Friday, September 25th. Finally, Truist Financial set a $72.00 target price on shares of Meritage Homes and gave the stock a “hold” rating in a report on Wednesday, September 16th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Meritage Homes has a consensus rating of “Hold” and a consensus price target of $73.56.

Check Out Our Latest Stock Analysis on MTH

Meritage Homes Trading Down 0.4%

Meritage Homes stock opened at $58.02 on Tuesday. The firm has a 50 day moving average of $66.78 and a 200 day moving average of $68.81. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 12.14, a P/E/G ratio of 4.36 and a beta of 1.33. Meritage Homes has a 12-month low of $56.66 and a 12-month high of $85.38. 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 results 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 return on equity of 7.13% and a net margin of 6.11%. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the prior year, the business posted $2.04 earnings per share. The business’s quarterly revenue was down 14.1% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MTH. Ceredex Value Advisors LLC bought a new position in shares of Meritage Homes during the second quarter valued at approximately $12,540,000. Empowered Funds LLC purchased a new position in Meritage Homes during the second quarter valued at approximately $2,207,000. Weiss Asset Management LP bought a new position in Meritage Homes in the first quarter worth approximately $916,000. The Manufacturers Life Insurance Company bought a new position in Meritage Homes in the second quarter worth approximately $2,953,000. Finally, iA Global Asset Management Inc. bought a new position in Meritage Homes in the first quarter worth approximately $6,650,000. Institutional investors own 98.44% of the company’s stock.

Meritage Homes Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 15th. Meritage Homes’s dividend payout ratio (DPR) is presently 40.17%.

Meritage Homes Company Profile

(Get Free Report)

Meritage Homes Corporation is a residential construction company that designs and builds single-family homes in the United States. The company primarily serves entry-level and first-time move-up buyers, offering homes in a range of floor plans, sizes and price points. Its communities typically feature energy-efficient designs and include standard features intended to improve home performance, comfort and affordability.

Meritage Homes develops communities in selected markets across the South, Southeast and West, including areas of Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas.