Meritage Homes Corporation

NYSE:MTH 株式レポート

時価総額：US$4.3b

Meritage Homes 将来の成長

Future 基準チェック /16

Meritage Homes利益と収益がそれぞれ年間7%と4.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8.5% 13%なると予測されています。

主要情報

7.0%

収益成長率

13.01%

EPS成長率

Consumer Durables 収益成長7.6%
収益成長率4.9%
将来の株主資本利益率8.51%
アナリストカバレッジ

Good

最終更新日01 May 2026

今後の成長に関する最新情報

Recent updates

ナラティブ更新 • Apr 29

MTH: Margin Pressures And Lower Sector Multiples Will Constrain Future Upside

Analysts have trimmed their average price target on Meritage Homes by several dollars, reflecting updated views on profit margins, future P/E assumptions and recent sector research that has generally lowered price objectives across homebuilders. Analyst Commentary Recent Street research on Meritage Homes has centered on a series of price target reductions, even as some firms had previously been constructive on the company and the broader U.S. homebuilding group.
ナラティブ更新 • Apr 14

MTH: Spec Model And Dividend Yield Will Shape Future Margin Resilience

Analysts have trimmed their average price targets on Meritage Homes by single-digit dollar amounts, with updates such as $8, $6, and $2 cuts. They continue to highlight efficiencies from the company's 100% spec approach as a key support for long-term volume potential and margins.
ナラティブ更新 • Mar 31

MTH: Spec Model And Dividend Yield Will Frame Future Margin Trade Off

Analysts have adjusted their average price targets on Meritage Homes toward the $90 range. This reflects mixed views that balance concerns about margin pressure with interest in the company's 100% spec strategy and current dividend yield.
ナラティブ更新 • Mar 17

MTH: Spec Build Model And Incentives Will Shape Future Margin Resilience

Analysts have kept their average price target for Meritage Homes broadly in line with prior levels, with recent changes centered around the $90 to $104 range as they weigh the company's 100% spec build approach, comments on margin risk and housing demand, and views on its dividend yield and valuation. Analyst Commentary Recent research on Meritage Homes reflects a mix of supportive and cautious views, with attention fixed on how the 100% spec build model, pricing incentives, and margin trends could affect the stock's risk and reward profile.
ナラティブ更新 • Mar 02

MTH: Elevated Incentives And Margin Pressure Will Constrain Future Share Returns

Analysts have trimmed their blended price target on Meritage Homes by a few dollars, citing a mix of lower targets tied to margin and demand concerns, along with higher targets around $90 to $104 that reflect views of relatively inexpensive valuation and potential for steadier longer term housing conditions. Analyst Commentary Recent Street research on Meritage Homes shows a split view, with some firms lifting targets into the $90 to $104 range while several bearish analysts trim expectations on margins, demand, and earnings power.
ナラティブ更新 • Feb 16

MTH: Margin Pressures And Incentives Will Limit Future Upside Potential

Analysts have reduced their fair value estimate for Meritage Homes from $74.00 to $62.00, citing recent cuts to Street price targets and concerns around margin risk, even as some still point to relatively low P/E assumptions and income support from the dividend. Analyst Commentary Recent research has highlighted a mix of caution and support around Meritage Homes, with several bearish analysts trimming price targets or cutting ratings while others still point to income and valuation support.
Seeking Alpha • Feb 11

Meritage Homes Corporation: Demand Is Still The Problem

Summary 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. Despite operational positives, weak absorption, low backlog visibility, and a 12x forward earnings multiple make upside difficult to justify. Read the full article on Seeking Alpha
ナラティブ更新 • Feb 02

MTH: Buybacks And Dividend Yield Will Support Future Housing Upside

Analysts have trimmed their implied fair value estimate for Meritage Homes to US$95.00 from about US$103.57. This reflects more cautious assumptions on revenue growth, profit margins and future P/E, even as recent research shows a mix of lower and higher price targets alongside differing views on housing demand and builder profitability.
ナラティブ更新 • Jan 19

MTH: Share Repurchases And Dividend Yield Will Support Future Upside

Analysts have modestly raised their implied fair value estimate for Meritage Homes to about $104 from roughly $100, reflecting slightly higher assumed revenue growth and P/E multiples, partially offset by more cautious profit margin expectations following recent research highlighting pressure on builder incentives and gross margins. Analyst Commentary Recent Street research on Meritage Homes has been mixed, but there are clear pockets of optimism that support the modestly higher fair value estimate.
ナラティブ更新 • Jan 05

MTH: Share Repurchases And EPS Outlook Will Support Upside Potential

Analysts have trimmed their price target for Meritage Homes from US$107.00 to about US$99.88, reflecting updated assumptions around revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News From July 1, 2025 to September 30, 2025, Meritage Homes repurchased 772,010 shares for US$55 million, equal to 1.08% of its shares.
ナラティブ更新 • Dec 21

MTH: Higher Margins And Buybacks Will Drive Stronger Future Upside

Analysts have raised their price target on Meritage Homes from approximately $60.00 to $74.00 per share, citing expectations for stronger profit margins and a modestly higher future earnings multiple, despite slightly slower projected revenue growth and a marginally higher discount rate. What's in the News Meritage Homes completed a share repurchase tranche between July 1, 2025 and September 30, 2025, buying back 772,010 shares, or 1.08% of outstanding shares, for $55 million under its ongoing authorization (company filing).
ナラティブ更新 • Dec 07

MTH: Fed Cut And Share Buybacks Will Support Earnings Strength Ahead

Analysts have nudged their price target on Meritage Homes slightly higher, from about $82.63 to roughly $83.13, citing updated homebuilder valuations and the view that the recent Fed cut will not significantly alter the near term housing market trajectory. Analyst Commentary Recent commentary from bullish analysts highlights a constructive view on Meritage Homes, reflected in modestly higher price targets and a continued positive stance on the company’s execution and positioning within the housing cycle.
ナラティブ更新 • Nov 23

MTH: Recent Market Supply Dynamics Will Support Earnings Strength Ahead

Analysts have increased their price target for Meritage Homes from $79 to $85, citing expectations that a recent Fed rate cut will have a limited immediate impact on the housing market's trajectory. Analyst Commentary Bullish analysts point to several factors driving optimism about Meritage Homes' prospects following the price target adjustment.
ナラティブ更新 • Nov 08

MTH: Future Profit Margins Will Drive Positive Sentiment Among Market Participants

Analysts have increased their price target for Meritage Homes from $79 to $85, citing improved revenue growth and profit margins, even though there was only a modest adjustment to fair value estimates. Analyst Commentary Recent updates from Street research provide insights into the revised outlook for Meritage Homes.
ナラティブ更新 • Oct 25

Sun Belt Homebuilders Will See Continued Demand Amid Rate and Margin Pressures

Analyst Price Target Update for Meritage Homes Analysts have slightly increased their price target for Meritage Homes from $79 to $85. They cite updated sector coverage and note that recent shifts in interest rates are not expected to significantly affect the housing market outlook in the near term.
ナラティブ更新 • Oct 10

Sun Belt Demand Will Spur Homebuilding Growth Despite Margin Risks

Narrative Update on Meritage Homes Analysts have modestly increased their price target for Meritage Homes from $79 to $85, supported by updates to industry expectations and the view that recent macroeconomic shifts are unlikely to significantly alter housing market trends in the short term. Analyst Commentary Bullish and bearish analyst perspectives highlight key factors affecting Meritage Homes' valuation and near-term outlook.
分析記事 • Sep 24

Slowing Rates Of Return At Meritage Homes (NYSE:MTH) Leave Little Room For Excitement

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Jul 12

When Should You Buy Meritage Homes Corporation (NYSE:MTH)?

Meritage Homes Corporation ( NYSE:MTH ), might not be a large cap stock, but it saw a double-digit share price rise of...
分析記事 • Apr 13

Is There Now An Opportunity In Meritage Homes Corporation (NYSE:MTH)?

Meritage Homes Corporation ( NYSE:MTH ), is not the largest company out there, but it saw significant share price...
分析記事 • Mar 26

Meritage Homes Corporation's (NYSE:MTH) Price Is Right But Growth Is Lacking

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may...
分析記事 • Mar 11

Returns At Meritage Homes (NYSE:MTH) Are On The Way Up

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
分析記事 • Feb 05

Meritage Homes (NYSE:MTH) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha • Feb 05

Meritage Homes: Strong Execution And Resilient Demand Fuel Growth

Summary Meritage Homes' strong order growth and record backlog conversion demonstrate robust demand, despite a tough macro backdrop and high mortgage rates. Management's conservative FY25 guidance sets the stage for potential outperformance, aligning with MTH's historical trend of beating expectations. MTH's quick move-in strategy and aggressive land acquisitions position it well for future growth, particularly in high-demand entry-level segments. Read the full article on Seeking Alpha
分析記事 • Dec 18

There Is A Reason Meritage Homes Corporation's (NYSE:MTH) Price Is Undemanding

Meritage Homes Corporation's ( NYSE:MTH ) price-to-earnings (or "P/E") ratio of 7.3x might make it look like a strong...
Seeking Alpha • Dec 14

Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place

Summary I maintain a buy rating for Meritage Homes Corporation due to strong earnings growth outlook and favorable macro conditions, including tight housing supply and elevated mortgage rates. MTH's strategic focus on quick, move-in ready homes with a 60-day closing guarantee positions it well to capture demand in the current market. Risks include tighter regulations affecting home financing and supply chain pressures from increased new home construction. Read the full article on Seeking Alpha
分析記事 • Dec 05

Are Meritage Homes Corporation (NYSE:MTH) Investors Paying Above The Intrinsic Value?

Key Insights The projected fair value for Meritage Homes is US$148 based on 2 Stage Free Cash Flow to Equity Meritage...
分析記事 • Nov 07

Meritage Homes (NYSE:MTH) Strong Profits May Be Masking Some Underlying Issues

The recent earnings posted by Meritage Homes Corporation ( NYSE:MTH ) were solid, but the stock didn't move as much as...
分析記事 • Nov 04

Is Meritage Homes (NYSE:MTH) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Oct 18

Is Now An Opportune Moment To Examine Meritage Homes Corporation (NYSE:MTH)?

Meritage Homes Corporation ( NYSE:MTH ), might not be a large cap stock, but it received a lot of attention from a...
Seeking Alpha • Oct 13

Meritage Homes: Expect Value To Keep Building

Summary Meritage Homes has shown significant stock performance, up 29.5% since April and 79.8% since January 2022, outperforming the S&P 500. Despite a potential decline in Q3 revenue and profits, Meritage Homes remains undervalued with strong fundamentals and a favorable market outlook. Revenue and profits have increased due to higher home closures, although average home prices have dropped, reflecting reduced costs and high interest rates. The company's backlog is weak, but new home orders and lower cancellation rates indicate stability and potential for future growth. Read the full article on Seeking Alpha
分析記事 • Oct 03

Returns At Meritage Homes (NYSE:MTH) Are On The Way Up

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
分析記事 • Sep 16

Why Investors Shouldn't Be Surprised By Meritage Homes Corporation's (NYSE:MTH) Low P/E

Meritage Homes Corporation's ( NYSE:MTH ) price-to-earnings (or "P/E") ratio of 8.8x might make it look like a strong...
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新しいナラティブ • Aug 28

Aggressive Expansion And Narrow Market Focus Risk Eroding Future Profits

Focusing on move-in ready homes and rapid community expansion may narrow market appeal and increase operational risks, impacting earnings.
Seeking Alpha • Jul 30

Meritage Homes Corporation: Staying Buy Rated As Demand Outlook Remains Positive

Summary Favorable macro situation and demand outlook support buy rating for MTH. Management upgraded FY24 guidance and I believe MTH can achieve this guidance easily. MTH has margin upside potential from lower interest rates and improved cycle times. Read the full article on Seeking Alpha
分析記事 • Jul 27

Is Meritage Homes (NYSE:MTH) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jul 11

Is It Too Late To Consider Buying Meritage Homes Corporation (NYSE:MTH)?

While Meritage Homes Corporation ( NYSE:MTH ) might not have the largest market cap around , it saw significant share...

業績と収益の成長予測

NYSE:MTH - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/20286,419484N/AN/A3
12/31/20275,961404461558
12/31/20265,4853312284018
3/31/20265,616386238262N/A
12/31/20255,85845393118N/A
9/30/20256,044542-253-225N/A
6/30/20256,216638-248-220N/A
3/31/20256,285723-380-352N/A
12/31/20246,395786-256-228N/A
9/30/20246,434812-261-233N/A
6/30/20246,456838-67-36N/A
3/31/20246,328793277313N/A
12/31/20236,138739317356N/A
9/30/20236,4778029971,035N/A
6/30/20236,442843933968N/A
3/31/20236,286906488518N/A
12/31/20226,292992378405N/A
9/30/20225,798967-100-73N/A
6/30/20225,479906-243-215N/A
3/31/20225,344823-153-126N/A
12/31/20215,141737-178-152N/A
9/30/20215,053653-114-91N/A
6/30/20214,931561129149N/A
3/31/20214,685484453473N/A
12/31/20204,501423510530N/A
9/30/20204,227375532553N/A
6/30/20204,029335448471N/A
3/31/20203,860295334358N/A
12/31/20193,667250N/A347N/A
9/30/20193,539222N/A356N/A
6/30/20193,482206N/A386N/A
3/31/20193,494209N/A312N/A
12/31/20183,529227N/A262N/A
9/30/20183,466187N/A161N/A
6/30/20183,387176N/A33N/A
3/31/20183,311164N/A-20N/A
12/31/20173,241143N/A-87N/A
9/30/20173,175160N/A-129N/A
6/30/20173,121154N/A-124N/A
3/31/20173,117152N/A-106N/A
12/31/20163,042150N/A-103N/A
9/30/20162,942151N/A-98N/A
6/30/20162,859144N/A-37N/A
3/31/20162,658133N/A-47N/A
12/31/20152,579129N/A-3N/A
9/30/20152,497125N/A-35N/A
6/30/20152,383127N/A-118N/A

アナリストによる今後の成長予測

収入対貯蓄率: MTHの予測収益成長率 (年間7% ) は 貯蓄率 ( 3.5% ) を上回っています。

収益対市場: MTHの収益 ( 7% ) US市場 ( 16.7% ) よりも低い成長が予測されています。

高成長収益: MTHの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: MTHの収益 ( 4.9% ) US市場 ( 11.6% ) よりも低い成長が予測されています。

高い収益成長: MTHの収益 ( 4.9% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: MTHの 自己資本利益率 は、3年後には低くなると予測されています ( 8.5 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/11 14:52
終値2026/05/11 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Meritage Homes Corporation 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。20

アナリスト機関
Stephen KimBarclays
Rafe JadrosichBofA Global Research
Tyler BatoryBrean Capital Historical (Janney Montgomery)