Keefe, Bruyette & Woods Estimates Meritage Homes Q1 Earnings

Meritage Homes Corporation (NYSE:MTH) – Analysts at Keefe, Bruyette & Woods cut their Q1 2026 earnings estimates for Meritage Homes in a note issued to investors on Monday, February 2nd. Keefe, Bruyette & Woods analyst J. Rahmani now expects that the construction company will post earnings of $1.01 per share for the quarter, down from their previous forecast of $1.27. Keefe, Bruyette & Woods currently has a “Market Perform” rating and a $76.00 price objective on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Keefe, Bruyette & Woods also issued estimates for Meritage Homes’ Q2 2026 earnings at $1.49 EPS, FY2026 earnings at $5.73 EPS and FY2027 earnings at $6.86 EPS.

A number of other research analysts also recently issued reports on MTH. The Goldman Sachs Group reiterated a “buy” rating and issued a $90.00 price target on shares of Meritage Homes in a research note on Tuesday, January 13th. Citizens Jmp began coverage on Meritage Homes in a research note on Wednesday, January 7th. They issued a “market outperform” rating and a $90.00 price target on the stock. Citigroup assumed coverage on Meritage Homes in a report on Wednesday, January 7th. They set an “outperform” rating for the company. JPMorgan Chase & Co. increased their price objective on Meritage Homes from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Meritage Homes in a research note on Monday, December 29th. One equities research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $83.63.

Meritage Homes Stock Performance

Shares of Meritage Homes stock opened at $75.95 on Thursday. The business has a 50-day simple moving average of $71.03 and a 200-day simple moving average of $71.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.95 and a current ratio of 2.10. Meritage Homes has a one year low of $59.27 and a one year high of $84.74. The company has a market cap of $5.35 billion, a PE ratio of 12.02, a P/E/G ratio of 1.31 and a beta of 1.48.

Meritage Homes (NYSE:MTH) last released its earnings results on Wednesday, January 28th. The construction company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.12. Meritage Homes had a return on equity of 9.28% and a net margin of 7.73%.The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the business posted $4.72 earnings per share. Meritage Homes’s revenue was down 11.9% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its position in shares of 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 acquiring an additional 145 shares during the last quarter. Archer Investment Corp boosted its stake in Meritage Homes by 11.4% during the 3rd quarter. Archer Investment Corp now owns 1,559 shares of the construction company’s stock worth $113,000 after purchasing an additional 159 shares during the period. ProShare Advisors LLC grew its position in Meritage Homes by 1.2% during the 4th quarter. ProShare Advisors LLC now owns 13,559 shares of the construction company’s stock worth $892,000 after purchasing an additional 164 shares during the last quarter. Signaturefd LLC increased its stake in Meritage Homes by 25.7% in the fourth quarter. Signaturefd LLC now owns 808 shares of the construction company’s stock valued at $53,000 after purchasing an additional 165 shares during the period. Finally, Arkadios Wealth Advisors raised its holdings in shares of Meritage Homes by 3.3% in the third quarter. Arkadios Wealth Advisors now owns 5,749 shares of the construction company’s stock valued at $416,000 after buying an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Meritage Homes Announces Dividend

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

About Meritage Homes

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.