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Meritage Corporation

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, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

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Meritage Homes Declares Quarterly Dividend of $0.48 Per Share

Meritage Homes Corporation announced that its Board of Directors has declared a quarterly dividend of $0.48 per share. The dividend is payable on September 30, 2026 to shareholders of record as of the close of trading on September 15, 2026. Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2025.
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GlobeNewswire·6dRead more ▾
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Meritage Homes raises full-year closings and revenue outlook to about 5% below 2025, guides Q3 EPS of $1.10 to $1.30

Meritage Homes updated its full-year 2026 guidance, now projecting home closings and revenue around 5% below 2025 results, a shift from its prior expectation of results at or within 5% of 2025. For the third quarter, the company expects home closings between 3,300 and 3,600 units, home closing revenue of $1.26 billion to $1.35 billion, home closing gross margin around 18%, and diluted earnings per share in the range of $1.10 to $1.30. In the second quarter, Meritage reported 3,725 home closings and $1.4 billion in home closing revenue, with adjusted home closing gross margin of 18.6% and adjusted diluted EPS of $1.42, excluding $3.9 million in impairments and walkaway charges. The company also outlined a longer-term strategic shift to increase its mix of first-time move-up homes to about one-third of the business, though the financial impact is not expected until 2029 and beyond. Amid rate uncertainty, the CFO indicated that share buybacks would be reduced to a minimum of $55 million per quarter for the remainder of 2026.
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Seeking Alpha·27dRead more ▾
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Meritage Homes and PulteGroup stocks jump after Congress passes housing-supply bill

Shares of Meritage Homes and PulteGroup surged in afternoon trading after both chambers of Congress passed the bipartisan 21st Century ROAD to Housing Act, the most significant federal housing-supply legislation since 1990. The bill aims to boost supply by cutting red tape, streamlining environmental reviews, modernizing manufactured-housing rules, and barring institutional owners of 350-plus single-family homes from buying more existing homes. Meritage Homes jumped 9.3% and PulteGroup rose 7.8%, while peer KB Home reported a second-quarter revenue beat of $1.11 billion against a $1.10 billion consensus, with the 10-year Treasury yield dropping below 4.5%. The legislation is seen as a multi-year volume driver for builders, lowering construction costs and friction, and the 350-home cap is expected to shift demand toward new construction. The House also stripped a seven-year forced-sale rule on build-to-rent homes that the National Association of Home Builders warned could cut single-family output by about 40,000 units a year.
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Zacks Adds Three Stocks to Strong Sell List on June 24

Zacks Investment Research added three stocks to its Zacks Rank #5 (Strong Sell) list on June 24. Consolidated Water Co. Ltd. saw its current-year earnings consensus estimate revised 9.4% downward over the last 60 days. Global Ship Lease, Inc. had its estimate cut by 1.9%, and Meritage Homes Corporation experienced a 6.7% downward revision over the same period.
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Trane Technologies Highlighted as Top Industrials Pick While Stratasys and Meritage Homes Are Flagged for Weak Fundamentals

StockStory identified Trane Technologies as a standout industrial stock with impressive fundamentals, while recommending investors avoid Stratasys and Meritage Homes. Trane Technologies, with a market cap of $101.7 billion, posted annual revenue growth of 11% over the last five years and expanded its free cash flow margin by 8.4 percentage points, supported by share buybacks that boosted earnings per share. In contrast, Stratasys saw sales decline 6.2% annually over two years and reported negative free cash flow, while Meritage Homes experienced 5.8% annual sales declines and a 2.2% annual contraction in earnings per share over five years. Trane Technologies trades at $475.35 per share, or 31 times forward P/E, compared to Stratasys at $8.90 and Meritage Homes at $72.46.
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