Meritage Homes Corporation

Meritage Homes Corporation

MTHยทNYSE

$67.11

+0.090%
Consumer CyclicalResidential Construction

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family 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 first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

At a Glance

Live Snapshot
Market Cap$4.48B
EPS6.4000
P/E Ratio10.49
Earnings Date07/22/2026
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Meritage Homes Corporation Street Expectations Map

MTH ยท NYSE

Wall Street analysts project that MTH stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 83.25, with estimates ranging from a low of 77.00 to a high of 90.00.

Lowest Target
77.00
14.74%
Consensus Target
83.25
24.05%
Highest Target
90.00
34.11%

The consensus 1-year price target stands at 83.25, with estimates ranging from a low of 77.00 to a high of 90.00.

Analyst Consensus Analysis

Upside Potential

+24.1%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

15.6% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Meritage Homes Corporation Forward Estimates of Revenue

MTH ยท NYSE
Latest Revenue
5.86B
FY 2025
Avg Estimate
5.49B
FY 2026
Estimate Range
5.21B - 5.65B
Analyst Spread

Forward Growth Analysis

Projected Growth-6.3%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Meritage Homes Corporation Forward Estimates of Net Income

MTH ยท NYSE
Latest Net Income
453.01M
FY 2025
Avg Estimate
355.86M
FY 2026
Estimate Range
333.84M - 377.88M
Analyst Spread

Forward Growth Analysis

Projected Growth-21.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Meritage Homes Corporation Forward Estimates of EPS

MTH ยท NYSE
Latest EPS
6.40
FY 2025
Avg Estimate
$5.02
FY 2026
Estimate Range
$4.71 - $5.34
Analyst Spread

Forward Growth Analysis

Projected Growth-21.5%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Meritage Homes Corporation Forward Estimates of EBIT

MTH ยท NYSE
Latest EBIT
537.48M
FY 2025
Avg Estimate
858.24M
FY 2026
Estimate Range
814.47M - 883.25M
Analyst Spread

Forward Growth Analysis

Projected Growth+59.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Meritage Homes Corporation Forward Estimates of EBITDA

MTH ยท NYSE
Latest EBITDA
562.76M
FY 2025
Avg Estimate
881.88M
FY 2026
Estimate Range
836.91M - 907.59M
Analyst Spread

Forward Growth Analysis

Projected Growth+56.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Meritage Homes Corporation Forward Estimates of SG&A Expense

MTH ยท NYSE
Latest SG&A Expense
211.76M
FY 2025
Avg Estimate
449.52M
FY 2026
Estimate Range
426.59M - 462.62M
Analyst Spread

Forward Growth Analysis

Projected Growth+112.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Meritage Homes Corporation Insider Positioning

MTH ยท NYSE

During the last 12 months, insiders have purchased $419K and sold $1.58M worth of MTH shares, resulting in $1.16M of net selling activity.

3 Months

Bought

0

0.00

Sold

1.3K

79.07K

Net Activity

-79K

-$79K

3-6 Months

Bought

0

0.00

Sold

11.0K

860.43K

Net Activity

-860K

-$860K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

6.2K

418.64K

Sold

8.1K

639.43K

Net Activity

-221K

-$221K

Top Buyers

1
KJ

Keough Joseph

Director

4.0K sharesโ€ข1 transactions

$265K

2
ADV

Arriola Dennis V

Director

2.2K sharesโ€ข1 transactions

$154K

Top Sellers

1
LP

Lord Phillippe

Director, Officer: Chief Executive Officer

11.9K sharesโ€ข2 transactions

$956K

2
HSJ

Hilton Steven J

Director, Officer: Executive Chairman

4.2K sharesโ€ข1 transactions

$322K

3
SA

Sasser Alison

Officer: Svp - Chief Accounting Officer

2.1K sharesโ€ข3 transactions

$145K

4
CM

Clinton Malissia

Officer: Evp - Gen. Counsel, Secretary

1.2K sharesโ€ข1 transactions

$83K

5
WAM

Woffinden Austin M

Officer: Evp, Corp. Ops & Strategy

910 sharesโ€ข2 transactions

$72K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.16M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.27:1

Weak buy/sell ratio. Selling significantly exceeds buyingโ€”monitor for potential fundamental concerns.

Recent Trend (3 Months)

$79K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 2 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.