Zacks Research Weighs in on Meritage Homes Co.’s Q2 2025 Earnings (NYSE:MTH)

Meritage Homes Co. (NYSE:MTH) – Stock analysts at Zacks Research increased their Q2 2025 earnings per share estimates for shares of Meritage Homes in a report issued on Thursday, August 1st. Zacks Research analyst S. Mukherjee now anticipates that the construction company will post earnings per share of $5.68 for the quarter, up from their prior estimate of $5.14. The consensus estimate for Meritage Homes’ current full-year earnings is $20.83 per share. Zacks Research also issued estimates for Meritage Homes’ Q2 2026 earnings at $6.17 EPS.

Meritage Homes (NYSE:MTH) last posted its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.31 earnings per share for the quarter, topping analysts’ consensus estimates of $5.17 by $1.14. The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Meritage Homes had a return on equity of 17.99% and a net margin of 12.98%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $5.02 EPS.

Other equities analysts also recently issued research reports about the stock. Evercore ISI raised their target price on shares of Meritage Homes from $219.00 to $221.00 and gave the company an “outperform” rating in a research note on Monday, July 15th. StockNews.com downgraded Meritage Homes from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th. Wedbush upped their target price on shares of Meritage Homes from $148.00 to $160.00 and gave the company an “underperform” rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods upped their target price on Meritage Homes from $195.00 to $210.00 and gave the company a “market perform” rating in a research report on Tuesday, July 30th. Finally, Raymond James increased their target price on Meritage Homes from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Meritage Homes presently has a consensus rating of “Moderate Buy” and a consensus target price of $203.60.

Meritage Homes Trading Up 0.6 %

Shares of Meritage Homes stock opened at $183.05 on Monday. The firm has a market cap of $6.65 billion, a PE ratio of 8.54 and a beta of 1.80. The company has a quick ratio of 1.66, a current ratio of 1.93 and a debt-to-equity ratio of 0.27. Meritage Homes has a fifty-two week low of $109.23 and a fifty-two week high of $210.58. The business’s fifty day moving average is $174.69 and its two-hundred day moving average is $167.55.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Meritage Homes in the 4th quarter worth $76,297,000. Long Pond Capital LP bought a new stake in Meritage Homes in the first quarter worth about $32,303,000. Swedbank AB bought a new position in Meritage Homes in the 1st quarter worth about $25,495,000. Mizuho Markets Americas LLC purchased a new stake in shares of Meritage Homes in the 2nd quarter worth approximately $22,887,000. Finally, Boston Partners purchased a new stake in Meritage Homes during the first quarter valued at approximately $23,106,000. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Insider Buying and Selling at Meritage Homes

In other news, CFO Hilla Sferruzza sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $205.00, for a total transaction of $512,500.00. Following the transaction, the chief financial officer now directly owns 44,570 shares of the company’s stock, valued at $9,136,850. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Hilla Sferruzza sold 2,500 shares of Meritage Homes stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $205.00, for a total transaction of $512,500.00. Following the sale, the chief financial officer now directly owns 44,570 shares in the company, valued at approximately $9,136,850. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Phillippe Lord sold 10,000 shares of Meritage Homes stock in a transaction on Friday, July 26th. The stock was sold at an average price of $200.35, for a total transaction of $2,003,500.00. Following the transaction, the chief executive officer now directly owns 90,266 shares of the company’s stock, valued at approximately $18,084,793.10. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,500 shares of company stock worth $3,111,080. Insiders own 2.00% of the company’s stock.

Meritage Homes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend was Friday, June 14th. Meritage Homes’s dividend payout ratio is presently 13.99%.

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.