Meritage Homes (MTH) Expected to Announce Quarterly Earnings on Wednesday

Meritage Homes (NYSE:MTH) is projected to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $1.17 per share and revenue of $1.30 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.12. Meritage Homes had a return on equity of 7.13% and a net margin of 6.11%. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period last year, the company earned $2.04 earnings per share. Meritage Homes’s quarterly revenue was down 14.1% compared to the same quarter last year. On average, analysts expect Meritage Homes to post $4.93 EPS for the current fiscal year and $5.55 EPS for the next fiscal year.

Meritage Homes Stock Performance

Shares of MTH stock opened at $60.32 on Wednesday. Meritage Homes has a fifty-two week low of $56.66 and a fifty-two week high of $85.38. The stock’s 50-day moving average is $65.68 and its two-hundred day moving average is $68.76. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market cap of $3.93 billion, a P/E ratio of 12.62, a PEG ratio of 4.37 and a beta of 1.33.

Meritage Homes Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.92 annualized dividend and a dividend yield of 3.2%. Meritage Homes’s payout ratio is presently 40.17%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MTH shares. Melius Research initiated coverage on Meritage Homes in a report on Tuesday, October 6th. They issued a “sell” rating and a $59.00 price objective on the stock. Citigroup reiterated a “market outperform” rating on shares of Meritage Homes in a research note on Monday, July 6th. Zacks Research downgraded shares of Meritage Homes from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 8th. UBS Group restated a “buy” rating and set a $88.00 price target (up from $86.00) on shares of Meritage Homes in a research note on Friday, July 31st. Finally, Zelman & Associates lowered shares of Meritage Homes from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 7th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $73.56.

About Meritage Homes

Meritage Homes Corporation is a residential construction company that designs and builds single-family homes in the United States. The company primarily serves entry-level and first-time homebuyers, offering homes in a range of floor plans and communities designed around affordability, energy efficiency and modern features.

Meritage Homes sells homes through its own communities and provides related services, including land acquisition and development, home design, construction, sales and customer support.