Meritage Homes stock has a USD 74.78 consensus target

Published on 10/17/2026 at 20:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 1.41 billion in the June 2026 quarter. Meritage Homes stock closed at USD 59.17 on October 16, 2026, down 1.84 percent.

Consensus target stays above price

MarketBeat listed a USD 74.78 consensus target for Meritage Homes on October 10, 2026.
Revenue reached USD 1.41 billion in the second quarter of 2026, down 14.10 percent year over year.
Meritage Homes stock closed at USD 59.17 on the NYSE on October 16, 2026, down 1.84 percent on the day.
Meritage Homes will report third-quarter results on October 29, 2026, with market capitalization at USD 3.9 billion.

MTH, US59001A1025, Illustration mit AI erstellt.

Meritage Homes stock has a USD 74.78 consensus target, 26.38 percent above the companys USD 59.17 closing price on October 16, 2026, according to MarketBeat on October 10, 2026. The closing price was USD 59.17 on October 16, 2026 at 4:00 p.m. ET, down 1.84 percent on the NYSE.

Revenue fell in the second quarter

Meritage Homes reported USD 1.41 billion in revenue for the second quarter of 2026, down 14.10 percent from the year-earlier quarter, while earnings per share came to USD 1.42 versus USD 1.30 consensus, according to MarketBeat on October 10, 2026. The revenue decline gives the valuation discussion a weaker operating backdrop than the earnings comparison alone suggests.

Stock sits near its yearly low

The USD 59.17 closing price stood 3.88 percent above the USD 56.66 52-week low and 30.70 percent below the USD 85.38 high on October 16, 2026. Trading volume was 714,340 shares, 13.62 percent below the 827,004-share average.

Valuation and October 29 results

Meritage Homes had a market capitalization of USD 3.9 billion, a P/E ratio of 12.38 and a dividend yield of 3.00 percent as of October 16, 2026. The companys investor-relations page lists its third-quarter 2026 earnings call for October 29, 2026 at 8:00 a.m. PT and identifies the second quarter as ended June 30, 2026, according to Meritage Homes.

Comparison with peers

Meritage Homes (NYSE, USD): minus 1.84 percent, P/E 12.38, market capitalization USD 3.9 billion
D.R. Horton (NYSE, USD): minus 0.11 percent, P/E 13.29, market capitalization USD 39.0 billion
Lennar (NYSE, USD): minus 0.79 percent, P/E 14.57, market capitalization USD 18.3 billion

The next investor reference point

Meritage Homes closed at USD 59.17 on October 16, 2026 at 4:00 p.m. ET. The next scheduled earnings event is October 29, 2026, giving investors a dated checkpoint for revenue, margins and demand trends.