Inside the research
Meritage Homes Corporation
MTH Research profile · latest available data
Price overview
$64.98
▲ +0.47 (+0.7%)
| 52w hi | $84.55 |
|---|---|
| 52w lo | $57.94 |
| Vol | 628.30K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.59
| Short | -0.43 |
|---|---|
| Medium | -0.70 |
| Long | -0.68 |
computed 2026-09-27
Key fundamentals
Meritage Homes Corporation
Consumer Cyclical · Residential Construction
| Market cap | $4.24B |
|---|---|
| Enterprise value | $5.33B |
| Trailing P/E | 13.54x |
| Forward P/E | 11.07x |
| EV / EBITDA | 12.29x |
| P / S (ttm) | 0.79x |
| Profit margin | 6.1% |
| Return on equity | 6.4% |
| Revenue growth | -13.8% |
| Earnings growth | -32.8% |
| Debt / equity | 37.71 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.06 | |
| Sector | -0.03 | |
| Technical | -0.41 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 0.88 |
|---|---|
| Corr SPX | 0.37 |
| Annual vol | 38.3% |
| Annual ret | -15.1% |
| Sharpe | -0.39 |
| Max DD | -42.9% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-06-29 | Material Agreement, Material Obligation… | read |
| 2026-05-21 | Shareholder Vote, Exhibits | read |
| 2026-04-22 | Earnings Release, Exhibits | read |
| 2026-03-26 | Officer / Director Change, Exhibits | read |
| 2026-02-19 | Officer / Director Change, Other Material Event… | read |
| 2026-01-28 | Earnings Release, Exhibits | read |
| 2025-10-28 | Earnings Release, Exhibits | read |
| 2025-07-23 | Earnings Release, Exhibits | read |
| 2025-07-09 | Material Agreement, Material Obligation… | read |
| 2025-05-22 | Bylaws Amendment, Shareholder Vote… | read |
| 2025-05-13 | Officer / Director Change, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-12 | HILTON STEVEN J | Executive Chairman | Gift | 11.00K | — |
| 2026-05-12 | Sasser Alison | SVP - Chief Accounting Of | Sell | 1.27K | $79.07K |
| 2026-03-23 | Clinton Malissia | EVP - Gen. Counsel, Secre | Grant | 7.76K | — |
| 2026-03-23 | Lord Phillippe | Chief Executive Officer | Grant | 48.91K | — |
| 2026-03-23 | HILTON STEVEN J | Executive Chairman | Grant | 8.15K | — |
| 2026-03-23 | Woffinden Austin M | EVP, Corp. Ops & Strategy | Grant | 7.84K | — |
| 2026-03-23 | Feliciano Javier | EVP Chief People Officer | Grant | 7.35K | — |
| 2026-03-23 | Sferruzza Hilla | EVP- Chief Financial Offi | Grant | 14.67K | — |
| 2026-02-23 | HILTON STEVEN J | Executive Chairman | Sell | 4.24K | $321.73K |
| 2026-02-23 | HILTON STEVEN J | Executive Chairman | Sell | 600 | $46.37K |
Flow & Concentration
| Insider 180d net | -$79.07K |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 99.3% |
| HHI | 2,998 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| AQR Capital Management | $30.82M | 367.56K |
| Citadel Advisors | $15.08M | 179.83K |
| State Street Corp | $15.00M | 14.50M |
| Fidelity / FMR LLC | $6.66M | 6.47M |
| Millennium Management | $1.49M | 1.44M |
| Bridgewater Associates | $250.21K | 2.98K |
| Capital Research / Capital World | $204.04K | 198.00K |
| T. Rowe Price Group | $6.97K | 83.16K |
As of 2026-06-30
Dividends
| Yield (TTM) | 1.40% |
|---|---|
| $ / share (TTM) | $0.91 |
| 5y CAGR | — |
Annual dividend per share
| 1996 | $0.01 |
|---|---|
| 1997 | $0.00 |
| 2023 | $0.54 |
| 2024 | $1.50 |
| 2025 | $1.72 |
| 2026 | $0.48 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Gross profit | $131.87M | -1.1% | |
| Operating income | $209.41M | +101.6% | |
| Net income | $786.19M | +48.6% | |
| Cash from ops | $355.57M | +40.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $64.59 | $65.47 | $64.24 | $64.98 | 628.30K |
| Sep 24 | $63.59 | $65.51 | $63.44 | $64.51 | 1.24M |
| Sep 23 | $65.28 | $65.74 | $63.71 | $63.86 | 650.80K |
| Sep 22 | $66.03 | $66.79 | $65.34 | $66.40 | 1.09M |
| Sep 21 | $63.73 | $65.04 | $63.14 | $64.35 | 721.50K |
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