Meritage Homes Corporation

NYSE:MTH 주식 리포트

시가총액: US$5.6b

Meritage Homes 향후 성장

Future 기준 점검 1/6

Meritage Homes (는) 각각 연간 7.2% 및 4.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.5% 로 예상됩니다.

핵심 정보

7.2%

이익 성장률

13.16%

EPS 성장률

Consumer Durables 이익 성장8.1%
매출 성장률4.9%
향후 자기자본이익률8.51%
애널리스트 커버리지

Good

마지막 업데이트30 Jun 2026

최근 향후 성장 업데이트

Recent updates

Seeking Alpha • 17h

Meritage Homes: I Am Not Chasing The Stock After The Recent Run-Up

Summary Meritage Homes is rated Hold/Neutral after a strong run-up, with limited near-term upside due to margin headwinds and elevated valuation. MTH's focus on community growth and a 60-day home-closing guarantee supports sales but introduces margin pressure and operational risks. High-cost land acquired from 2022 to 2024 continues to weigh on margins, with relief not expected until late FY2027. Valuation has re-rated to a 1.12x P/BV, now above historical averages and peers on P/E and EV/EBITDA, reflecting sector enthusiasm post-TMHC acquisition. Read the full article on Seeking Alpha
내러티브 업데이트 • Jun 22

MTH: Buybacks And Consolidation Floor Will Shape Balanced Future Return Potential

The updated analyst fair value estimate for Meritage Homes has shifted from $77.78 to $80.25 as analysts factor in slightly adjusted assumptions for the discount rate, revenue growth, profit margins and future P/E, along with readthroughs from recent sector consolidation and price target revisions across homebuilders. Analyst Commentary Recent Street research on Meritage Homes reflects a mix of optimism and caution, with multiple firms revisiting their price targets and using consolidation among homebuilders as a reference point for valuation.
분석 기사 • Jun 19

Meritage Homes (MTH) Stock Could Be 2.6% Undervalued After Institutional Buying Picks Up

Recent filings show major institutions have lifted their positions in Meritage Homes (MTH), raising its institutional shareholding rank to first in the Homebuilding & Construction Supplies industry and drawing attention to its financial health metrics. See our latest analysis for Meritage Homes. Meritage Homes shares have picked up clear momentum recently, with a 24.41% 1 month share price return and a 28.88% 3 month share price return, contributing to a 24.47% 1 year total shareholder return...
내러티브 업데이트 • Jun 05

MTH: Buybacks And Consolidation Potential Will Support Future Earnings Power

Analysts have trimmed their average price target on Meritage Homes by a few dollars, reflecting slightly lower P/E assumptions and discount rates, while still pointing to interest in the stock as a potential acquisition candidate following recent sector consolidation headlines. Analyst Commentary Recent Street research around Meritage Homes has focused on valuation reset, consolidation potential in the homebuilding sector, and how its trading multiples compare with peers following the Taylor Morrison sale agreement.
내러티브 업데이트 • May 20

MTH: Share Buybacks And Spec Model Will Support Future Earnings Power

Analysts have lowered their average price target on Meritage Homes by about $5 to roughly $78, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples following a series of recent target reductions across major firms. Analyst Commentary Recent Street research on Meritage Homes reflects a more cautious stance on valuation after a period of prior optimism, including an earlier Buy initiation with a US$90 price target tied to the company's 100% spec strategy.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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).
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
분석 기사 • 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...
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
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
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
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새로운 내러티브 • 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.

이익 및 매출 성장 예측

NYSE:MTH - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/20286,419484N/AN/A3
12/31/20275,961402N/A2378
12/31/20265,485329N/A5488
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

애널리스트 향후 성장 전망

수입 대 저축률: MTH 의 연간 예상 수익 증가율(7.2%)이 saving rate(3.5%)보다 높습니다.

수익 vs 시장: MTH 의 연간 수익(7.2%)이 US 시장(18.6%)보다 느리게 성장할 것으로 예상됩니다.

고성장 수익: MTH 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.

수익 대 시장: MTH 의 수익(연간 4.9%)이 US 시장(연간 12.7%)보다 느리게 성장할 것으로 예상됩니다.

고성장 매출: MTH 의 수익(연간 4.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: MTH의 자본 수익률은 3년 후 8.5%로 낮을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/06/30 23:47
종가2026/06/30 00:00
수익2026/03/31
연간 수익2025/12/31

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당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
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분석가 컨센서스 추정치+3년
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시장 가격30년
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  • 배당, 분할 및 기타 조치
지분 구조10년
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경영진10년
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주요 개발10년
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산업 및 섹터 지표

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분석가 소스

Meritage Homes Corporation는 20명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Stephen KimBarclays
Rafe JadrosichBofA Global Research
Tyler BatoryBrean Capital Historical (Janney Montgomery)