Meritage Corporation (MTH · NYSE)
MTH · MARKET VIEW
Market view · as of Aug 3, 2026
Revenue (TTM)
$5.39B
-13.8% YoY
Gross margin
18.3%
EPS (latest q)
$1.42
vs $1.30 est · beat
52-wk position
44.1%
-17.6% vs 52w high · -14.2% 1mo
Price (last ~year)
Meritage Homes (MTH) reported a challenging second quarter for 2026, with year-over-year revenue down 13.8% and earnings down 32.8%, despite beating EPS estimates with $1.42 per share. The Scottsdale-based homebuilder currently holds a market capitalization of $4.58 billion, with a P/E ratio of 14.62 and $1.81 billion in total debt against $807.3 million in cash. For the quarter ending June 30, 2026, the company generated $183.9 million in free cash flow, while the stock price sits at $70.20, reflecting a 14.2% decline over the past month.
Valuation
- Market cap
- $4.58B
- P/E
- 14.62
- PEG
- 0.539
- P/B
- 0.905
- P/S
- 0.849
- EV/EBITDA
- 12.44
- Beta
- 1.359
- Analyst target
- $81.62
Quality & returns
- Gross margin
- 18.3%
- Operating margin
- 8.2%
- Profit margin
- 6.1%
- ROE
- 6.4%
- ROA
- 3.4%
Price movement
- Last
- $70.20
- 1-month
- -14.2%
- 3-month
- +10.2%
- RSI (14)
- 39
- vs SMA200
- +1.5%
- 52-wk position
- 44.1% -17.6% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $1.47B | $184.0M | $90.6M | $182.3M |
| 2026-03-31 | $1.12B | $65.3M | $55.3M | $78.5M |
| 2025-12-31 | $1.44B | $86.3M | $84.0M | $109.8M |
| 2025-09-30 | $1.42B | $120.1M | $99.3M | $134.2M |
Recent news
- Neutral Meritage Homes Market Sentiment · 2026-08-02
- Neutral Meritage Q2 2026 earnings telegraph move-up buyer pivot · 2026-07-30
- Bearish Homebuilder Meritage Homes updates 2026 outlook to ~5% below 2025 · 2026-07-30
- Neutral Meritage Homes Q2 Earnings, Revenue Decline · 2026-07-30
- Bullish Meritage Homes Corp (MTH) Institutional Confidence · 2026-07-30
- Somewhat-Bullish Meritage Homes Q2 Adj. EPS $1.42 Beats $1.29 Estimate · 2026-07-29
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)