Nama Insights

Meritage Homes (MTH)

Consumer Cyclical · Residential Construction · NYSE

Meritage Homes (MTH) is a Consumer Cyclical company in the Residential Construction industry. It has a market capitalization of $4.38B, a trailing price-to-earnings ratio of 14.8 and a free-cash-flow yield of 1.9%. Over the most recent reported fiscal year, revenue declined 8.3%. Nama's AI scorecard rates it Hold, 4.5 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Hold · 4.5/10
The sections balance. As of Nov 7, 2026.
Momentum
Lagging · -8.2% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-36.4%
How far the last close sits under the highest price of the past five years.
Market cap$4.38B
Trailing P/E14.8
Price / book0.9
Price / sales0.8
FCF yield1.9%
Dividend yield2.8%
Gross margin17.9%
Operating margin7.2%
Net margin6.1%
Revenue growth (YoY)-8.3%
Revenue growth (3-yr annual)-2.4%
EPS growth (YoY)-50.5%
FCF/share growth (YoY)—
Beta1.3
ExchangeNYSE
SectorConsumer Cyclical
IndustryResidential Construction

MTH earnings

Next report: Feb 3, 2027 (Q4 2026, EPS estimate $1.05). Beat the EPS estimate in 1 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Oct 28, 2026 $1.11 $1.14 -2.6% $1.18B
Q2 2026 Jul 29, 2026 $1.42 $1.30 +9.2% $1.41B
Q1 2026 Apr 22, 2026 $0.86 $0.98 -12.2% $1.12B
Q4 2025 Jan 28, 2026 $1.20 $1.52 -21.1% $1.44B

MTH analyst price target

Median target $65.00 from 8 analysts, ranging $59.00 – $85.00.

Residential Construction peers

TickerCompanyMarket capP/E
DHI D.R. Horton $41.33B 15.0
PHM PulteGroup $25.24B 13.7
LEN Lennar $21.11B 16.3
NVR NVR $16.66B 17.4
TOL Toll Brothers $14.06B 12.2
IBP Installed Building Products $5.85B 20.6
SKY Champion Homes $4.91B 26.3
CVCO Cavco Industries $4.87B 27.1
Explore live MTH data on Nama Insights →

MTH FAQ

Is MTH a buy?
Nama's AI scorecard currently rates Meritage Homes Hold (4.5 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is MTH's P/E ratio?
Meritage Homes trades at a trailing price-to-earnings ratio of 14.8.
When does MTH report earnings?
Meritage Homes's next scheduled report is on Feb 3, 2027. Analysts expect EPS of $1.05.
What is the MTH price target?
The median analyst price target from 8 analysts is $65.00, with a range of $59.00 – $85.00.
Is MTH Shariah compliant?
Nama's AAOIFI-style screen reads Meritage Homes as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does MTH pay a dividend?
Yes — Meritage Homes's dividend yield is 2.8%.