Q1 EPS Estimates for Meritage Homes Raised by Zacks Research

Meritage Homes Co. (NYSE:MTH) – Stock analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for Meritage Homes in a research report issued to clients and investors on Wednesday, April 9th. Zacks Research analyst S. Mukherjee now expects that the construction company will post earnings per share of $1.78 for the quarter, up from their previous forecast of $1.77. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Zacks Research also issued estimates for Meritage Homes’ Q3 2025 earnings at $2.48 EPS.

Several other research firms have also commented on MTH. StockNews.com lowered Meritage Homes from a “hold” rating to a “sell” rating in a report on Monday, March 24th. Keefe, Bruyette & Woods dropped their price objective on shares of Meritage Homes from $97.00 to $90.00 and set a “market perform” rating on the stock in a research note on Thursday, February 6th. Seaport Res Ptn raised shares of Meritage Homes from a “strong sell” rating to a “hold” rating in a report on Thursday, March 6th. UBS Group lowered their price target on shares of Meritage Homes from $126.00 to $118.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group cut their price objective on shares of Meritage Homes from $117.50 to $100.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $106.25.

Meritage Homes Price Performance

Shares of MTH opened at $64.54 on Monday. The company has a market capitalization of $4.64 billion, a P/E ratio of 4.94 and a beta of 1.69. The business’s 50-day moving average is $71.42 and its two-hundred day moving average is $83.05. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.75 and a current ratio of 1.61. Meritage Homes has a fifty-two week low of $59.27 and a fifty-two week high of $106.99.

Meritage Homes (NYSE:MTH) last released its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.72 earnings per share for the quarter, topping analysts’ consensus estimates of $4.55 by $0.17. Meritage Homes had a net margin of 12.29% and a return on equity of 15.90%.

Institutional Trading of Meritage Homes

Large investors have recently bought and sold shares of the business. Pinnacle Holdings LLC purchased a new position in Meritage Homes in the 4th quarter worth approximately $31,000. Allworth Financial LP increased its holdings in shares of Meritage Homes by 545.5% in the fourth quarter. Allworth Financial LP now owns 213 shares of the construction company’s stock valued at $33,000 after purchasing an additional 180 shares during the last quarter. Versant Capital Management Inc lifted its position in Meritage Homes by 77.7% during the first quarter. Versant Capital Management Inc now owns 606 shares of the construction company’s stock worth $43,000 after buying an additional 265 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in Meritage Homes by 246.4% during the first quarter. Harbor Capital Advisors Inc. now owns 634 shares of the construction company’s stock worth $45,000 after buying an additional 451 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Meritage Homes by 41.7% in the 1st quarter. Farther Finance Advisors LLC now owns 676 shares of the construction company’s stock valued at $48,000 after buying an additional 199 shares in the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Insider Buying and Selling at Meritage Homes

In related news, COO Clinton Szubinski sold 595 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $73.29, for a total transaction of $43,607.55. Following the completion of the sale, the chief operating officer now directly owns 30,547 shares in the company, valued at approximately $2,238,789.63. The trade was a 1.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Steven J. Hilton acquired 11,000 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was purchased at an average price of $74.51 per share, for a total transaction of $819,610.00. Following the acquisition, the chairman now directly owns 811,192 shares in the company, valued at $60,441,915.92. This represents a 1.37 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 1,683 shares of company stock valued at $122,547 over the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Meritage Homes Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, March 17th. This is a boost from Meritage Homes’s previous quarterly dividend of $0.38. This represents a $1.72 dividend on an annualized basis and a yield of 2.67%. Meritage Homes’s dividend payout ratio is currently 13.16%.

Meritage Homes Company Profile

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.