Keefe, Bruyette & Woods Estimates Meritage Homes Q3 Earnings

Meritage Homes Co. (NYSE:MTH) – Research analysts at Keefe, Bruyette & Woods dropped their Q3 2025 earnings per share estimates for shares of Meritage Homes in a research note issued to investors on Wednesday, February 5th. Keefe, Bruyette & Woods analyst J. Rahmani now forecasts that the construction company will post earnings of $2.65 per share for the quarter, down from their prior estimate of $2.88. Keefe, Bruyette & Woods currently has a “Market Perform” rating and a $90.00 target price on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $10.02 per share. Keefe, Bruyette & Woods also issued estimates for Meritage Homes’ FY2026 earnings at $10.81 EPS.

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

A number of other analysts have also weighed in on MTH. StockNews.com lowered shares of Meritage Homes from a “hold” rating to a “sell” rating in a report on Saturday, January 11th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $98.50 price objective (down from $110.00) on shares of Meritage Homes in a research report on Friday, December 13th. Wedbush reissued a “neutral” rating and set a $103.00 target price on shares of Meritage Homes in a research note on Tuesday, February 4th. UBS Group dropped their price target on Meritage Homes from $126.00 to $118.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Finally, Raymond James downgraded shares of Meritage Homes from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Meritage Homes presently has a consensus rating of “Hold” and an average price target of $106.25.

Meritage Homes Trading Up 0.9 %

NYSE:MTH opened at $74.45 on Monday. The firm has a market capitalization of $5.39 billion, a P/E ratio of 5.69 and a beta of 1.88. Meritage Homes has a 52 week low of $73.05 and a 52 week high of $106.99. The company has a quick ratio of 1.75, a current ratio of 1.61 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $83.38 and a 200 day moving average of $91.47.

Meritage Homes Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were paid a $0.375 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $1.50 annualized dividend and a dividend yield of 2.01%. Meritage Homes’s payout ratio is 11.48%.

Institutional Investors Weigh In On Meritage Homes

Several hedge funds have recently bought and sold shares of MTH. V Square Quantitative Management LLC purchased a new position in shares of Meritage Homes during the third quarter valued at approximately $28,000. Assetmark Inc. increased its position in Meritage Homes by 53.6% during the 3rd quarter. Assetmark Inc. now owns 172 shares of the construction company’s stock valued at $35,000 after buying an additional 60 shares in the last quarter. Allworth Financial LP raised its stake in Meritage Homes by 545.5% during the fourth quarter. Allworth Financial LP now owns 213 shares of the construction company’s stock valued at $33,000 after buying an additional 180 shares during the last quarter. CWM LLC boosted its holdings in Meritage Homes by 15.5% in the third quarter. CWM LLC now owns 433 shares of the construction company’s stock worth $89,000 after acquiring an additional 58 shares in the last quarter. Finally, Signaturefd LLC grew its stake in shares of Meritage Homes by 125.2% in the third quarter. Signaturefd LLC now owns 509 shares of the construction company’s stock worth $104,000 after acquiring an additional 283 shares during the last quarter. Institutional investors own 98.44% of the company’s stock.

About Meritage Homes

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.