MTH Share Price | Meritage Homes Corp. Stock Analysis & Recommendation

Q: How big is Meritage Homes Corp.?

Market Cap: As of Jun 18, Meritage Homes Corp. has a market capitalization of 4,494.42 million, categorizing it as a Mid Cap company.Recent Quarterly Performance: For the latest four quarters, Meritage Homes Corp. reported net sales of 6,284.89 million and a net profit of 722.99 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 5,141.57 million and total assets of 7,188.98 million.

Q: What does Meritage Homes Corp. do?

Overview: Meritage Homes Corp. operates as a designer and builder of single-family homes within the Furniture and Home Furnishing industry, categorized as a mid-cap company.Financial Snapshot: Most recent Net Sales: 1,365 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 123 Million (Quarterly Results - Mar 2025) Market cap: USD 4,494.42 Million (Mid Cap)Key Metrics: P/E: 6.00 Dividend Yield: 62.04% Debt Equity: 0.17 Return on Equity: 13.93% Price to Book: 0.87Contact Details: Address: 8800 E Raintree Dr Ste 300, SCOTTSDALE AZ 85260-3966 Tel: ['1 480 5158100', '1 972 5806360'] Fax: 1 480 9989162 Website: https://www.meritagehomes.com/

Q: Is Meritage Homes Corp. technically bullish or bearish?

As of 9 September 2025, the technical trend for Meritage Homes Corp. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are bullish, supporting the mildly bullish stance. However, the weekly and monthly KST are bearish, and the Dow Theory shows a mildly bearish signal on the weekly but mildly bullish on the monthly. The Bollinger Bands reflect a mildly bullish stance weekly but bearish monthly. In terms of performance, Meritage Homes has underperformed the S&P 500 across most periods, with a 1-year return of -24.39% compared to the S&P 500's 17.14%. However, it has shown strong growth over the 3-year period with a return of 106.19% versus the S&P 500's 70.41%. Overall, the current technical stance is mildly bullish, albeit with some mixed indicators.

Q: Is Meritage Homes Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Meritage Homes Corp. has moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its current metrics, including a P/E ratio of 6, which is significantly lower than the peer average of 9.16 for similar companies. Additionally, the EV to EBITDA ratio stands at 6.04, while peers like Toll Brothers, Inc. and Taylor Morrison Home Corp. have ratios of 9.45 and 8.98, respectively, suggesting that Meritage Homes is not only lagging behind its competitors but also priced higher relative to its earnings potential.Despite a strong dividend yield of 90.31% and a respectable ROCE of 14.51%, the overall valuation metrics indicate that the stock is not justified at its current price of 70.14. Recent performance shows that while the company outperformed the S&P 500 over the last three years with a return of 101.64% compared to 81.19%, it has significantly underperformed in the past year with a decline of 30.53% against the S&P 500's 14.08%. This further reinforces the notion that Meritage Homes Corp. is currently overvalued.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.38 M

Shareholding (Sep 2025)

FII

12.44%

Held by 169 FIIs

DII

26.51%

Held by 71 DIIs

Promoter

0.01%

How big is Meritage Homes Corp.?

22-Jun-2025

As of Jun 18, Meritage Homes Corp. has a market capitalization of $4.49 billion, with net sales of $6.28 billion and a net profit of $722.99 million over the latest four quarters.

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What does Meritage Homes Corp. do?

22-Jun-2025

Meritage Homes Corp. designs and builds single-family homes and is categorized as a mid-cap company with a market cap of approximately $4.49 billion. As of March 2025, it reported net sales of $1.365 billion and a net profit of $123 million.

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Who are in the management team of Meritage Homes Corp.?

22-Jun-2025

As of March 2022, the management team of Meritage Homes Corp. includes Executive Chairman Steven Hilton and independent directors Peter Ax, Dana Bradford, Gerald Haddock, Deborah Henretta, and Joseph Keough, who guide the company's strategic direction and governance.

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Is Meritage Homes Corp. technically bullish or bearish?

20-Sep-2025

As of September 9, 2025, Meritage Homes Corp. shows a mildly bullish technical trend, supported by daily moving averages, despite mixed signals from MACD and KST indicators, and has underperformed the S&P 500 over the past year while outperforming it over three years.

View full answer

Is Meritage Homes Corp. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, Meritage Homes Corp. is considered overvalued with a P/E ratio of 6 compared to the peer average of 9.16, an EV to EBITDA ratio of 6.04, and a current price of 70.14, despite a strong dividend yield and past performance that has lagged in the last year.

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Compare Meritage Homes Corp. with Similar Stocks

Taylor Morrison Home Corp.Toll Brothers, Inc.PulteGroup, Inc.

Score

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Strong Sell

Sell

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Strong Buy

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Dashboard

With a fall in Net Sales of -4.03%, the company declared Very Negative results in Jun 25

The company has declared negative results for the last 2 consecutive quarters
OPERATING CASH FLOW(Y) Lowest at USD -217.58 MM
ROCE(HY) Lowest at 12.58%
DEBT-EQUITY RATIO (HY) Highest at 18.09 %

With ROE of 13.93%, it has a fair valuation with a 0.89 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Furniture, Home Furnishing

Market cap

USD 5,358 Million (Small Cap)

P/E

6.00

Industry P/E

Dividend Yield

1.16%

Debt Equity

0.22

Return on Equity

10.24%

Price to Book

1.01

Revenue and Profits:

Net Sales:

1,633 Million

(Quarterly Results - Jun 2025)

Net Profit:

147 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

15.48%

6 Months

3.94%

1 Year

-2.52%

2 Years

0.15%

3 Years

-33.45%

4 Years

62.47%

5 Years

76.17%

Meritage Homes Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

9.06%

EBIT Growth (5y)

14.19%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

0.49

Net Debt to Equity (avg)

0.17

Sales to Capital Employed (avg)

1.02

Tax Ratio

22.18%

Dividend Payout Ratio

13.99%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

22.23%

ROE (avg)

19.80%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.89

EV to EBIT

6.22

EV to EBITDA

6.04

EV to Capital Employed

0.90

EV to Sales

0.87

PEG Ratio

Dividend Yield

90.31%

ROCE (Latest)

14.51%

ROE (Latest)

13.93%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bearish

Moving Averages

Bullish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 113 Schemes (60.96%)

Foreign Institutions

Held by 169 Foreign Institutions (12.44%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "chgp_class": "neutral"
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          "chgp_class": "positive"
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          "field": "Consolidate Net Profit",
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          "field": "Operating Profit Margin (Excl OI)",
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      "header": [
        "Dec'24",
        "Dec'23",
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          "val2": "6,138.30",
          "chgp": "4.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "984.00",
          "val2": "926.50",
          "chgp": "6.21%",
          "chgp_class": "positive"
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        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Exceptional Items",
          "val1": "-0.60",
          "val2": "-0.90",
          "chgp": "33.33%",
          "chgp_class": "positive"
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        {
          "field": "Consolidate Net Profit",
          "val1": "786.20",
          "val2": "738.70",
          "chgp": "6.43%",
          "chgp_class": "positive"
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "150.20%",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

1,633.40

1,702.00

-4.03%

Operating Profit (PBDIT) excl Other Income

188.00

292.80

-35.79%

Interest

0.00

Exceptional Items

0.00

-0.60

100.00%

Consolidate Net Profit

146.90

231.60

-36.57%

Operating Profit Margin (Excl OI)

111.00%

168.10%

-5.71%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is -4.03% vs 8.16% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -36.57% vs 23.98% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

6,395.00

6,138.30

4.18%

Operating Profit (PBDIT) excl Other Income

984.00

926.50

6.21%

Interest

0.00

Exceptional Items

-0.60

-0.90

33.33%

Consolidate Net Profit

786.20

738.70

6.43%

Operating Profit Margin (Excl OI)

150.20%

147.10%

0.31%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 4.18% vs -2.45% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 6.43% vs -25.55% in Dec 2023

All Annual Results

Company CV

About Meritage Homes Corp.

Meritage Homes Corp.

Furniture, Home Furnishing

Meritage Homes Corporation operates as a holding company. The Company is a designer and builder of single-family homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services. It builds homes in the regions of the United States and offers a range of homes that are designed for a range of homebuyers, including first-time, move-up, active adult and luxury. As of December 31, 2016, it had homebuilding operations in three regions: West, Central and East, which were consisted of nine states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee. It also operates Carefree Title Agency, Inc. (Carefree Title) company. Carefree Title's core business includes title insurance and closing/settlement services it offers to its homebuyers.

Company Coordinates

Company Details

8800 E Raintree Dr Ste 300 , SCOTTSDALE AZ : 85260-3966

Tel: 1 480 51581001 972 5806360

https://www.meritagehomes.com/

Registrar Details

Meritage Homes Corp.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Meritage Homes Corp.?

Watch in Real-Time

What does Meritage Homes Corp. do?

Who are in the management team of Meritage Homes Corp.?

Is Meritage Homes Corp. technically bullish or bearish?

Is Meritage Homes Corp. overvalued or undervalued?

Compare Meritage Homes Corp. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

With a fall in Net Sales of -4.03%, the company declared Very Negative results in Jun 25

With ROE of 13.93%, it has a fair valuation with a 0.89 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Meritage Homes Corp.

Company Coordinates