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Meritage Homes Corporation (MTH)

Consumer Cyclical | Residential Construction | Scottsdale, United States | NYSE
73.83 USD -1.67 (-2.212%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:40 a.m. EDT

Meritage Homes presents a compelling value proposition anchored by a fortress balance sheet and a remarkable nine-year cumulative gain, yet the investment case hinges on navigating a period of shrinking revenue and earnings. While the stock trades at a discount to book value and carries a manageable payout ratio, the recent earnings contraction signals a challenging operational environment. The options market is pricing in a potential rebound, with call buyers positioning for a move back toward the upper end of the fifty-two-week range, while sellers maintain protective hedges below the current level. For investors, the decision rests on whether the low valuation and strong liquidity can withstand the secular headwinds currently weighing on the residential construction sector.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.081543
AutoETS0.084016
MSTL0.084907
AutoARIMA0.091889

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 1.91
Ljung-Box p 0.000
Jarque-Bera p 0.141
Excess Kurtosis -0.63
Attribute Value
Sector Consumer Cyclical
Ex Dividend Date 2026-06-15
Last Dividend Date 2026-06-15
Debt to Equity Ratio 37.341
Revenue per Share 80.602
Market Cap 4,931,893,248
Trailing P/E 13.47
Forward P/E 11.39
Beta 1.36
Profit Margins 6.86%
Website https://www.meritagehomes.com

As of July 11, 2026, 3:40 a.m. EDT: Implied volatility remains elevated across the board, hovering between 50% and 60%, reflecting heightened uncertainty. Open interest skews bullish in the near-to-intermediate term, with significant call positioning at strikes above the current price (82.5 to 90.0) in the August and December windows, suggesting speculation on a recovery toward analyst targets. Put open interest is concentrated in the 60 to 72.5 range, acting as a hedge against further downside. While the September expiration shows a slight defensive tilt with more in-the-money put volume, the overall open interest ratio favors upside exposure in the coming months.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.65% 2.59% 2.00% 1.29%
Dividend History
Date Dividend Yield %
2026-06-16 0.480000 0.646117
2026-03-17 0.480000 0.747897
2025-12-17 0.430000 0.629668
2025-09-16 0.430000 0.563491
2025-06-16 0.430000 0.665841
2025-03-17 0.430000 0.610275
2024-12-17 0.375000 0.457875
2024-09-16 0.375000 0.372024
2024-06-14 0.375000 0.460858
2024-03-14 0.375000 0.485531
2023-12-14 0.135000 0.151134
2023-09-14 0.135000 0.203084
2023-06-14 0.135000 0.209400
2023-03-14 0.135000 0.254070
1997-12-26 0.001875 0.125000
1996-12-26 0.007500 0.842105
1995-12-27 0.011250 2.000000
1994-12-23 0.001875 0.444444
1993-12-23 0.011250 2.000000
1992-06-23 0.056250 2.857143
1992-03-24 0.093750 4.545455
1991-12-23 0.150000 4.383562
1991-09-23 0.150000 4.571429
1991-06-24 0.150000 5.517241
1991-03-25 0.187500 6.557377
1990-12-24 0.393750 28.000000
1989-12-22 0.046875 3.703704
1988-12-23 0.127500 4.317460
Additional Data
dividendRate 1.92
dividendYield 2.54
exDividendDate 2026-06-16
trailingAnnualDividendRate 1.77
trailingAnnualDividendYield 0.023443708
lastDividendValue 0.48
lastDividendDate 2026-06-16
dividendDate 2026-06-30

Info Dump

Attribute Value
52 Week Change 0.06306696
Address1 18,655 North Claret Drive
Address2 Suite 400
All Time High 106.99
All Time Low 0.304688
Ask 117.38
Ask Size 200
Audit Risk 1
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 831,870
Average Daily Volume3 Month 942,472
Average Volume 942,472
Average Volume10Days 831,870
Beta 1.359
Bid 29.54
Bid Size 100
Board Risk 3
Book Value 76.366
City Scottsdale
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 73.83
Current Ratio 14.974
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 76.06
Day Low 73.34
Debt To Equity 37.341
Display Name Meritage Homes
Dividend Date 1,782,777,600
Dividend Rate 1.92
Dividend Yield 2.54
Earnings Call Timestamp End 1,785,441,600
Earnings Call Timestamp Start 1,785,441,600
Earnings Growth -0.515
Earnings Quarterly Growth -0.55
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,785,355,200
Earnings Timestamp Start 1,785,355,200
Ebitda 500,892,992
Ebitda Margins 0.08918
Enterprise To Ebitda 12.099
Enterprise To Revenue 1.079
Enterprise Value 6,060,066,816
Eps Current Year 5.00149
Eps Forward 6.48375
Eps Trailing Twelve Months 5.48
Esg Populated 0
Ex Dividend Date 1,781,568,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 70.4994
Fifty Day Average Change 3.3306046
Fifty Day Average Change Percent 0.04724302
Fifty Two Week Change Percent 6.306696
Fifty Two Week High 85.38
Fifty Two Week High Change -11.549995
Fifty Two Week High Change Percent -0.13527754
Fifty Two Week Low 58.03
Fifty Two Week Low Change 15.800003
Fifty Two Week Low Change Percent 0.27227303
Fifty Two Week Range 58.03 - 85.38
Financial Currency USD
First Trade Date Milliseconds 585,927,000,000
Float Shares 64,987,513
Forward Eps 6.48375
Forward P E 11.3869295
Free Cashflow 138,710,000
Full Exchange Name NYSE
Full Time Employees 1,860
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.19077998
Gross Profits 1,071,507,968
Has Pre Post Market Data 1
Held Percent Insiders 0.02536
Held Percent Institutions 1.0249
Implied Shares Outstanding 66,800,665
Industry Residential Construction
Industry Disp Residential Construction
Industry Key residential-construction
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,568,000
Last Dividend Value 0.48
Last Fiscal Year End 1,767,139,200
Last Split Date 1,735,862,400
Last Split Factor 2:1
Long Business Summary 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, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Long Name Meritage Homes Corporation
Market us_market
Market Cap 4,931,893,248
Market State PRE
Max Age 86,400
Message Board Id finmb_178296
Most Recent Quarter 1,774,915,200
Net Income To Common 385,516,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,924,640,628
Number Of Analyst Opinions 8
Open 75.49
Operating Cashflow 262,172,992
Operating Margins 0.05836
Overall Risk 1
Payout Ratio 0.32299998
Peg Ratio 0.54
Phone 480 515 8100
Pre Market Change 1.0800018
Pre Market Change Percent 1.4622283
Pre Market Price 74.94
Pre Market Time 1,784,033,094
Previous Close 75.5
Price Eps Current Year 14.761601
Price Hint 2
Price To Book 0.96679157
Price To Sales Trailing12 Months 0.8781082
Profit Margins 0.06864
Quick Ratio 2.147
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -1.67
Regular Market Change Percent -2.21192
Regular Market Day High 76.06
Regular Market Day Low 73.34
Regular Market Day Range 73.34 - 76.06
Regular Market Open 75.49
Regular Market Previous Close 75.5
Regular Market Price 73.83
Regular Market Time 1,783,972,802
Regular Market Volume 459,572
Return On Assets 0.03902
Return On Equity 0.074939996
Revenue Growth -0.177
Revenue Per Share 80.602
Sand P52 Week Change 0.20365608
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 2
Shares Outstanding 66,702,433
Shares Percent Shares Out 0.054899998
Shares Short 3,665,166
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,207,525
Short Name Meritage Homes Corporation
Short Percent Of Float 0.0799
Short Ratio 3.37
Source Interval 15
State AZ
Symbol MTH
Target High Price 93.0
Target Low Price 69.0
Target Mean Price 81.625
Target Median Price 83.0
Total Cash 766,632,000
Total Cash Per Share 11.493
Total Debt 1,902,057,984
Total Revenue 5,616,498,176
Tradeable 0
Trailing Annual Dividend Rate 1.77
Trailing Annual Dividend Yield 0.023443708
Trailing Eps 5.48
Trailing P E 13.472628
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 69.80005
Two Hundred Day Average Change 4.029953
Two Hundred Day Average Change Percent 0.057735678
Type Disp Equity
Volume 459,572
Website https://www.meritagehomes.com
Zip 85,255