Meritage Corporation (MTH · NYSE)
MTH · MARKET VIEW
Market view · as of Aug 10, 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
60.5%
-12.4% vs 52w high · -1.2% 1mo
Price (last ~year)
Meritage Homes (MTH) reported second-quarter 2026 revenue of $1.47 billion and EPS of $1.42, exceeding analyst estimates of $1.30 despite a 13.8% year-over-year decline in revenue. The company maintains a market capitalization of $4.86 billion, with $807.3 million in cash against $1.85 billion in total debt. Shares are currently trading at $74.59, representing a 20.2% gain over the last three months, with an average analyst price target of $82.38.
Valuation
- Market cap
- $4.86B
- P/E
- 15.54
- PEG
- 0.539
- P/B
- 0.961
- P/S
- 0.902
- EV/EBITDA
- 13.21
- Beta
- 1.362
- Analyst target
- $82.38
Quality & returns
- Gross margin
- 18.3%
- Operating margin
- 8.2%
- Profit margin
- 6.1%
- ROE
- 6.4%
- ROA
- 3.4%
Price movement
- Last
- $74.59
- 1-month
- -1.2%
- 3-month
- +20.2%
- RSI (14)
- 60
- vs SMA200
- +7.6%
- 52-wk position
- 60.5% -12.4% 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
- Somewhat-Bullish Meritage Homes (MTH) Could Be 7% Undervalued Following Softer Q2 And Lower Outlook · 2026-08-09
- Neutral Meritage Homes Corporation $MTH Stake Lessened by Lazard Asset Management LLC · 2026-08-08
- Neutral Brokers Set Expectations for Meritage Homes Q3 Earnings · 2026-08-06
- Somewhat-Bullish Meritage Homes (NYSE:MTH) Issues Quarterly Earnings Results, Beats Estimates By $0.13 EPS · 2026-08-02
- Neutral Meritage Homes Market Sentiment · 2026-08-02
- Bearish Meritage Homes CORP 2026: Revenue $91.81M, EPS $1.37— 10-Q Summary · 2026-08-01
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)