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StockVS

NYSE · Residential Construction · USD

Meritage Homes Corporation (MTH) Stock Analysis

Meritage Homes Corporation (MTH) is a Residential Construction stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

MTH

$59.32

−$0.91 (−1.51%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MTH Key Statistics

As of Oct 21, 2026
Trading
Open
$60.43
Previous Close
$60.23
Day's Range
58.95–60.34
52-Week Range
56.66–85.38
Volume
764.78K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.34
Valuation
Market Cap
$3.87B
P/E Ratio
12.38
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
10.61
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.54
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.72
EPS (ttm)Profit attributable to each share over the last twelve months.
4.79
Financials (FY)
Revenue (FY)
$5.86B−8.33%
Net Income (FY)
$453.01M−42.38%
Profit marginThe share of revenue left as profit after all costs and taxes.
6.11%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
65.17M
1-Year Return
−15.20%
Dividend and dates
Dividend
$1.92+3.19%
Ex-Dividend Date
September 15, 2026
Earnings Date
October 28, 2026
Avg Volume
826.69K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, MTH closed at $59.32, −15.20% over 1 year.

Meritage Homes Corporation (MTH) has a market capitalization of $3.87B.

In fiscal 2025, MTH reported revenue of $5.86B.

MTH Stock Return by Calendar Year

Meritage Homes Corporation (MTH) 10-year return: what $10,000 became

1 year
$10,000 $8,480
−15.20%
5 years
$10,000 $12,193
+21.93%
10 years
$10,000 $38,170
+281.70%

If you had invested $10,000 in Meritage Homes Corporation (MTH) 10 years ago, at the close on October 21, 2016, it would have been worth $38,170 at the close on October 21, 2026: +281.70% in total, +14.33% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−8.57%
2025−12.32%
2024−10.16%
2023+90.53%
2022−24.46%
2021+47.38%
2020+35.53%
2019+66.42%
2018−28.28%
2017+47.13%
2016 (partial year)−2.14%

As of October 21, 2026.

MTH Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$5.86B$453.01M7.7%
2024$6.39B$786.19M12.3%
2023$6.14B$738.75M12.0%
2022$6.30B$992.19M15.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$5.86B$1.16B$540.46M$453.01M7.7%
2024$6.39B$1.60B$958.35M$786.19M12.3%
2023$6.14B$1.52B$902.39M$738.75M12.0%
2022$6.30B$1.80B$1.29B$992.19M15.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MTH Dividend History

$1.72+14.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$1.443—
2025$1.724+14.7%
2024$1.504+177.8%
2023$0.544—

Most recent payment: $0.48 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MTH Valuation vs Residential Construction Median

Median of 19 stocks
MetricMTHResidential Construction medianvs median
P/E12.3812.964% below
P/S ratio0.721.1638% below
Profit margin6.11%7.30%1.2 pts below

Medians across 19 Residential Construction stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Meritage Homes Corporation (MTH) at $3.87B. The company sits in the Consumer Cyclical sector, in the Residential Construction industry. Headcount on file is 1,860.

Over the past 52 weeks the price has ranged from $56.66 to $85.38. MTH last closed at $59.32 on October 21, 2026. That is −$0.91 (−1.51%) against the previous close. The latest close sits 4.69% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $5.86B. That is −8.33% against the prior fiscal year, when revenue was $6.39B. The same year closed with net income of $453.01M. That is −42.38% against the prior fiscal year. Profit margin runs at 6.11%. That is 1.2 percentage points below the Residential Construction median of 7.3%. Trailing earnings per share are 4.79.

Across the 4 fiscal years on file, revenue moves from $6.30B in 2022 to $5.86B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 12.38 times earnings. That is 4.48% below the Residential Construction median of 12.96. The forward P/E on file is 10.61. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.54. Measured against sales, the shares trade at 0.72 times revenue. On price-to-sales that is 38% below the Residential Construction median of 1.16. The medians here are taken across 19 Residential Construction companies that report the metric.

The trailing one-year total return is −15.20%. Measured over 10 years, that is +14.33% a year compounded. The reported beta is 1.34. Annualized volatility over the trailing 10 years is 42.85%.

Growth & Income

The trailing dividend yield is 3.19%. That is 1.9 percentage points above the Residential Construction median yield of 1.28%. At the indicated rate that is $1.92 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 4 calendar years; 2026 shows 3 payments totalling $1.44 a share. The year before, 2025, totalled $1.72 a share.

So far in 2026 the total return is −8.57%. The strongest complete calendar year on file is 2023 at +90.53%; the weakest is 2018 at −28.28%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Meritage Homes Corporation (MTH) operates in the Residential Construction industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Meritage Homes Corporation MTH $3.87B 12.4
D.R. Horton, Inc. DHI $38.87B 13.3
PulteGroup, Inc. PHM $21.50B 11.5
Lennar Corporation LEN $18.48B 14.7

The Residential Construction industry average P/E ratio is 13.0x. Meritage Homes Corporation trades at a P/E of 12.4.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Meritage Homes Corporation

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.

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