Q2 EPS Estimates for Meritage Homes Raised by Citizens Jmp

Meritage Homes Corporation (NYSE:MTH) – Investment analysts at Citizens Jmp upped their Q2 2026 EPS estimates for Meritage Homes in a note issued to investors on Sunday, February 1st. Citizens Jmp analyst J. Mccanless now expects that the construction company will earn $1.38 per share for the quarter, up from their prior forecast of $1.37. Citizens Jmp currently has a “Market Outperform” rating and a $90.00 target price on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Citizens Jmp also issued estimates for Meritage Homes’ Q3 2026 earnings at $1.46 EPS, Q4 2026 earnings at $1.54 EPS, FY2026 earnings at $5.38 EPS, Q2 2027 earnings at $1.44 EPS, Q4 2027 earnings at $1.66 EPS and FY2027 earnings at $5.67 EPS.

MTH has been the topic of a number of other research reports. Wall Street Zen lowered Meritage Homes from a “hold” rating to a “sell” rating in a research note on Sunday, January 11th. Zacks Research cut shares of Meritage Homes from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 10th. Evercore ISI set a $77.00 price objective on shares of Meritage Homes and gave the company an “in-line” rating in a report on Thursday, December 4th. Citigroup assumed coverage on shares of Meritage Homes in a research note on Wednesday, January 7th. They set an “outperform” rating on the stock. Finally, UBS Group set a $95.00 target price on shares of Meritage Homes in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Meritage Homes presently has an average rating of “Hold” and a consensus price target of $83.63.

Meritage Homes Price Performance

MTH stock opened at $75.52 on Wednesday. Meritage Homes has a 1 year low of $59.27 and a 1 year high of $84.74. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.10 and a quick ratio of 1.95. The firm has a market capitalization of $5.32 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 1.26 and a beta of 1.48. The business has a 50 day simple moving average of $70.97 and a 200-day simple moving average of $71.91.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings data on Wednesday, January 28th. The construction company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.12. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Meritage Homes had a net margin of 7.73% and a return on equity of 9.28%. Meritage Homes’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.72 EPS.

Institutional Trading of Meritage Homes

Institutional investors have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC lifted its stake in Meritage Homes by 63.9% during the fourth quarter. Salomon & Ludwin LLC now owns 372 shares of the construction company’s stock worth $25,000 after purchasing an additional 145 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Meritage Homes by 265.5% in the 3rd quarter. Larson Financial Group LLC now owns 402 shares of the construction company’s stock valued at $29,000 after buying an additional 292 shares during the period. Atlantic Union Bankshares Corp acquired a new position in Meritage Homes during the 2nd quarter worth about $33,000. Brown Lisle Cummings Inc. purchased a new position in Meritage Homes during the 4th quarter valued at about $39,000. Finally, Signaturefd LLC boosted its holdings in Meritage Homes by 54.9% during the 2nd quarter. Signaturefd LLC now owns 618 shares of the construction company’s stock valued at $41,000 after acquiring an additional 219 shares during the period. Institutional investors and hedge funds own 98.44% of the company’s stock.

Meritage Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, December 17th. Meritage Homes’s payout ratio is 27.22%.

More Meritage Homes News

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

• Positive Sentiment: Citizens Jmp raised several near-term quarterly estimates and reiterated a bullish stance — the firm boosted Q4 2026 and Q4 2027 quarter estimates and nudged some 2026 quarter numbers higher, and it maintains a “Market Outperform” rating with a $90 price target, supporting upside expectations for MTH.
• Positive Sentiment: Meritage’s most recent quarter beat EPS expectations (reported $1.67 vs. consensus ~$1.55) — an earnings beat that helps justify the stock’s strength despite revenue weakness year-over-year and a revenue miss versus expectations.
• Neutral Sentiment: Analyst and investor questions from the Q4 earnings call are getting coverage and may influence near-term guidance clarity and sentiment; read the analyst Q&A summary for context. 5 Revealing Analyst Questions From Meritage Homes’s Q4 Earnings Call
• Negative Sentiment: Keefe, Bruyette & Woods cut multiple near-term and FY EPS estimates (Q1–Q4 2026, FY2026, FY2027) and trimmed its price target to $76 while keeping a “Market Perform” rating — a broad set of downward revisions that signals expectations for weaker margins/volume or a slower recovery and puts pressure on the stock. Keefe, Bruyette & Woods Lowers Meritage Homes (NYSE:MTH) Price Target to $76.00

Meritage Homes Company Profile

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.