Meritage Homes

MTH

Market cap $5.04B

Meritage (MTH) reported earnings 30 days ago. What's next for the stock?

Dendur Capital LP sold 891,000 shares; estimated transaction value $64.54 million based on quarterly average price Quarter-end position value decreased by $64.54 million Represents a 6.4% decrease of 13F reportable assets under management Post-trade stake: 0 shares, valued at $0 The position previously accounted for 6.7% of the fund's AUM as of the prior quarter We're bullish on these 10 stocks ›

SCOTTSDALE, Ariz., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.48 per share, a 12% increase year-over-year from the quarterly dividend of $0.43 per share in 2025. This dividend is payable on March 31, 2026 to shareholders of record as of the close of trading on March 17, 2026.

Meritage Homes remains a hold as management guides for flat FY2026 revenue and home closing volume, with no near-term recovery in demand. Community count hit an all-time high, and inventory management improved, reducing downside risk and limiting forced discounting pressures. MTH is shifting to a more disciplined incentive strategy, prioritizing margin protection over chasing volume in weaker markets.

Meritage Homes Corporation (MTH) Q4 2025 Earnings Call Transcript

While the top- and bottom-line numbers for Meritage (MTH) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Meritage Homes (MTH) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $4.72 per share a year ago.

Reported home closing gross margin of 16.5% and adjusted of 19.3% excluding non-recurring charges Reported home closing gross margin of 16.5% and adjusted of 19.3% excluding non-recurring charges

Meritage Homes (MTH) remains a 'strong buy' due to absolute valuation and robust balance sheet, despite ongoing industry headwinds and declining fundamentals. MTH's net leverage ratio of 1.82 and 69% owned lot portfolio provide resilience and long-term positioning as the housing cycle turns. Recent results show revenue and profit declines, but net new orders are rising and cancellation rates remain contained compared to peers.

Meritage (MTH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.