UBS Group Lowers Meritage Homes (NYSE:MTH) Price Target to $101.00

Meritage Homes (NYSE:MTH) had its target price cut by analysts at UBS Group from $104.00 to $101.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. UBS Group’s price objective points to a potential upside of 40.50% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $90.00 target price on shares of Meritage Homes in a research note on Tuesday, January 13th. JPMorgan Chase & Co. boosted their price target on shares of Meritage Homes from $60.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Citizens Jmp began coverage on Meritage Homes in a research report on Wednesday, January 7th. They set a “market outperform” rating and a $90.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Meritage Homes in a report on Monday, December 29th. Finally, Wall Street Zen cut Meritage Homes from a “hold” rating to a “sell” rating in a research note on Sunday, January 11th. 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $84.25.

Meritage Homes Price Performance

MTH opened at $71.89 on Friday. The stock’s 50-day moving average price is $70.56 and its 200 day moving average price is $71.94. Meritage Homes has a 12-month low of $59.27 and a 12-month high of $84.74. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 7.31 and a beta of 1.48. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.35.

Meritage Homes (NYSE:MTH) last released its earnings results on Tuesday, October 28th. The construction company reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.71 by ($0.32). The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.48 billion. Meritage Homes had a net margin of 8.96% and a return on equity of 10.37%. The business’s revenue was down 11.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.34 earnings per share. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS. As a group, sell-side analysts expect that Meritage Homes will post 9.44 earnings per share for the current year.

Institutional Trading of Meritage Homes

A number of institutional investors have recently bought and sold shares of the business. Larson Financial Group LLC increased 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 acquiring an additional 292 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Meritage Homes in the second quarter valued at approximately $33,000. Brown Lisle Cummings Inc. acquired a new position in Meritage Homes in the fourth quarter valued at approximately $39,000. Signaturefd LLC increased its stake in Meritage Homes by 54.9% in the second quarter. Signaturefd LLC now owns 618 shares of the construction company’s stock valued at $41,000 after purchasing an additional 219 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Meritage Homes by 194.9% in the second quarter. EverSource Wealth Advisors LLC now owns 699 shares of the construction company’s stock valued at $47,000 after purchasing an additional 462 shares during the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

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.