Meritage Homes (MTH) to Post Quarterly Earnings on Wednesday

Meritage Homes (NYSE:MTH) will likely be posting its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Meritage Homes to announce earnings of $1.30 per share and revenue of $1.4286 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Meritage Homes Stock Up 0.6%

Shares of Meritage Homes stock opened at $73.36 on Tuesday. The firm’s 50 day moving average price is $73.09 and its 200-day moving average price is $70.48. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.36. Meritage Homes has a 52-week low of $58.03 and a 52-week high of $85.38. The company has a market cap of $4.89 billion, a P/E ratio of 13.46, a PEG ratio of 3.23 and a beta of 1.35.

Meritage Homes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. Meritage Homes’s dividend payout ratio is presently 35.23%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on MTH. Wall Street Zen upgraded shares of Meritage Homes from a “sell” rating to a “hold” rating in a research note on Saturday. UBS Group set a $86.00 price target on Meritage Homes and gave the stock a “buy” rating in a research report on Friday, April 24th. Bank of America decreased their price objective on Meritage Homes from $74.00 to $72.00 and set a “neutral” rating for the company in a report on Monday, April 20th. The Goldman Sachs Group reissued a “buy” rating and issued a $93.00 price objective (up from $82.00) on shares of Meritage Homes in a research report on Friday, July 10th. Finally, Zelman & Associates downgraded Meritage Homes from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 7th. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Meritage Homes currently has an average rating of “Hold” and an average target price of $79.00.

Insider Activity at Meritage Homes

In related news, CAO Alison Sasser sold 1,273 shares of Meritage Homes stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $62.11, for a total value of $79,066.03. Following the completion of the sale, the chief accounting officer directly owned 7,634 shares in the company, valued at $474,147.74. This trade represents a 14.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.50% of the stock is owned by insiders.

Institutional Trading of Meritage Homes

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Meritage Homes by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,901,851 shares of the construction company’s stock valued at $190,943,000 after purchasing an additional 16,338 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in shares of Meritage Homes by 58.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,423,013 shares of the construction company’s stock valued at $95,299,000 after buying an additional 527,265 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Meritage Homes by 58.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,058,850 shares of the construction company’s stock valued at $75,051,000 after acquiring an additional 391,297 shares during the period. Bank of New York Mellon Corp increased its position in shares of Meritage Homes by 7.7% in the 4th quarter. Bank of New York Mellon Corp now owns 855,679 shares of the construction company’s stock valued at $56,304,000 after acquiring an additional 61,342 shares during the period. Finally, Millennium Management LLC raised its stake in Meritage Homes by 49.6% in the 4th quarter. Millennium Management LLC now owns 792,731 shares of the construction company’s stock worth $52,162,000 after acquiring an additional 262,928 shares during the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

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.