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The headline numbers for Meritage (MTH) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Meritage Homes (MTH) came out with quarterly earnings of $1.11 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.39 per share a year ago.
SCOTTSDALE, Ariz., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported third quarter results for the period ended September 30, 2026.
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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.
Meritage Homes trades at 0.76x book, reflecting market fears of a permanent margin squeeze amid elevated mortgage rates. MTH's margins have reverted to pre-pandemic levels, yet the company boasts greater equity per share, lower leverage, and a robust buyback/dividend program. I see fair value for MTH at $70–$85 per share, or 18–44% above current levels, plus a 3.2% dividend yield.
On September 22, 2026, Meritage Homes Corp (MTH) shares rose 3.2% to a current price of $66.40. The stock has shown a mixed performance in the past year, with a