Meritage Homes (NYSE:MTH) Releases Q1 2025 Earnings Guidance

Meritage Homes (NYSE:MTH) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.590-1.830 for the period, compared to the consensus earnings per share estimate of 2.090. The company issued revenue guidance of -.

Meritage Homes Stock Performance

Shares of NYSE MTH opened at $81.05 on Friday. Meritage Homes has a one year low of $73.05 and a one year high of $106.99. The business’s 50-day moving average price is $86.06 and its two-hundred day moving average price is $92.47. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $5.86 billion, a P/E ratio of 6.20 and a beta of 1.87.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings results on Wednesday, January 29th. The construction company reported $4.72 EPS for the quarter, beating the consensus estimate of $4.55 by $0.17. Meritage Homes had a return on equity of 16.12% and a net margin of 12.29%. Analysts anticipate that Meritage Homes will post 10.52 earnings per share for the current fiscal year.

Meritage Homes Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.375 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.85%. Meritage Homes’s dividend payout ratio is currently 11.47%.

Analyst Upgrades and Downgrades

MTH has been the topic of several analyst reports. Wedbush reissued a “neutral” rating and set a $103.00 target price (down from $205.00) on shares of Meritage Homes in a research report on Tuesday, January 7th. Raymond James lowered Meritage Homes from an “outperform” rating to a “market perform” rating in a report on Thursday, November 7th. Keefe, Bruyette & Woods reduced their target price on Meritage Homes from $105.00 to $99.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. UBS Group lowered their price target on Meritage Homes from $126.00 to $118.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group reduced their price objective on shares of Meritage Homes from $117.50 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.38.

Meritage Homes Company Profile

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, Florida, Georgia, North Carolina, South Carolina, and Tennessee.