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Meritage Homes Corp.

655
Mkt Cap
$4.61B
Volume
1.06M
52W High
$84.74
52W Low
$58.03
PE Ratio
12.66
MTH Fundamentals
Price
$69.07
Prev Close
$69.90
Open
$70.25
50D MA
$67.79
Beta
1.05
Avg. Volume
1.07M
EPS (Annual)
$6.35
P/B
0.90
Rev/Employee
$3.15M
$5,809.07
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Earnings Recap

• Reported GAAP EPS of $0.82 down -52.05% YoY • Reported revenue of $1.12B down -17.67% YoY • Meritage Homes is updating its guidance for full year 2026 home closing volume and revenue to be at or within 5% of full year 2025 results, based on current market conditions.

Bullish

Meritage Homes demonstrated operational efficiency with improved cycle times and a strong balance sheet, ending Q1 2026 with $767 million cash, a 6% book value increase, and its highest community count.

Bearish

Meritage Homes experienced significant declines in Q1 2026 net earnings and gross margin due to increased incentives and lower revenue, exacerbated by negative consumer sentiment and higher mortgage rates.

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