Goldman Sachs cuts target for Meritage Homes stock to USD 82.00

Published on 10/20/2026 at 19:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due on October 29, 2026. Meritage Homes stock costs EUR 53.25 on October 20, 2026, up 2.40 percent versus the Frankfurt close.

Analyst target and reporting date

Goldman Sachs lowered its Meritage Homes target from USD 93.00 to USD 82.00 on October 12, 2026.
Meritage Homes is scheduled to report third-quarter 2026 results on October 29, 2026.
Meritage Homes stock costs EUR 53.25 at Lang & Schwarz on October 20, 2026 at 7:49 p.m. CEST, plus 2.40 percent versus the Frankfurt close of October 19, 2026.
The stock's USD 12.50 price-to-earnings ratio trails Lennar's 14.81 and sits below D.R. Horton's 13.30.

MTH, US59001A1025, Illustration mit AI erstellt.

Meritage Homes (ISIN US59001A1025) faces a lower Goldman Sachs valuation target after the bank cut its price objective from USD 93.00 to USD 82.00 on October 12, 2026, according to Yahoo Finance. After hours, the stock was trading at EUR 53.25 at Lang & Schwarz on October 20, 2026 at 7:49 p.m. CEST, plus 2.40 percent versus the Frankfurt close of October 19, 2026 at EUR 52.00.

Target cut meets an earnings date

The next scheduled corporate event is the third-quarter 2026 earnings release and webcast on October 29, 2026. The date is listed on the company's investor-relations page, which identifies the latest reported period as the quarter ended June 30, 2026 and the coming report as the third quarter.

Analyst estimates also moved lower. MarketBeat reported that Zacks Research cut its fiscal-year 2026 earnings-per-share estimate to USD 5.00 from USD 5.01 in a report issued October 9, 2026. The same report cited a consensus estimate of USD 4.97 for the year.

Stock position in dollars

On the NYSE, Meritage Homes was trading at USD 59.70 on October 20, 2026 at 1:55 p.m. ET. The session change was plus 2.26 percent, while the day volume stood at 278,095 shares. The stock's USD 56.66 to USD 85.38 52-week range places it 5.36 percent above its low and 30.08 percent below its high.

The company had a USD 3.9 billion market capitalization at that time. Its price-to-earnings ratio was 12.50, below D.R. Horton's 13.30 and Lennar's 14.81. Meritage Homes operates in residential construction and builds single-family homes in the United States.

Comparison with peers

Meritage Homes: plus 2.26 percent, price-to-earnings ratio 12.50, market capitalization USD 3.9 billion.

D.R. Horton (NYSE, USD): plus 3.10 percent, price-to-earnings ratio 13.30, market capitalization USD 39.0 billion. Lennar (NYSE, USD): plus 3.29 percent, price-to-earnings ratio 14.81, market capitalization USD 18.6 billion.

What the target means for valuation

Goldman Sachs's USD 82.00 objective is 37.35 percent above the USD 59.70 NYSE price. That spread is separate from the euro quotation, which reflects the German trading perspective and uses the Frankfurt close for its daily comparison.

Meritage Homes stock after hours

Meritage Homes was trading at EUR 53.25 at Lang & Schwarz on October 20, 2026 at 7:49 p.m. CEST, plus 2.40 percent versus the Frankfurt close of October 19, 2026 at EUR 52.00. The NYSE quotation was USD 59.70 at 1:55 p.m. ET on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of Meritage Homes stock.