Meritage Homes stock reports 14.1 percent revenue decline at EUR 56.50

Published on 09/30/2026 at 07:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meritage Homes stock was at EUR 56.50 in pre-market trading on September 30, 2026, versus EUR 57.00 and minus 0.88 percent. Q2 EPS reached USD 1.42 versus USD 1.30 consensus.

MTH, US59001A1025, Illustration mit AI erstellt.

Meritage Homes Corporation (ISIN US59001A1025) was at EUR 56.50 at Lang & Schwarz on September 30, 2026, at 7:33 a.m. CEST in pre-market trading, versus the EUR 57.00 prior close and down 0.88 percent. The latest quarterly picture combines a USD 1.42 adjusted EPS beat with a 14.1 percent year-over-year revenue decline.

Q2 EPS beat consensus

For the quarter ended June 30, 2026, Meritage Homes generated USD 1.41 billion in revenue, compared with USD 1.43 billion expected by analysts, while revenue fell 14.1 percent from the prior-year quarter, according to MarketBeat on September 6, 2026.

Adjusted EPS came in at USD 1.42 against USD 1.30 consensus, a USD 0.12 beat. The contrast matters: earnings outperformed expectations, but the revenue decline points to a weaker sales backdrop for the homebuilder.

Analyst target moves lower

Evercore ISI maintained an In-Line rating and lowered its price target from USD 73.00 to USD 65.00 on September 25, 2026, according to Yahoo Finance. The revision places the analyst target below the USD 80.38 average target shown on the same market page, underscoring the range of expectations around housing demand and incentives.

Meritage Homes operates in residential construction and builds single-family homes in the United States. Its next scheduled checkpoint is the Q3 2026 earnings release on October 28, 2026, with the conference call scheduled for October 29, 2026, according to the Meritage Homes investor-relations page.

Pre-market quote stays below prior close

Meritage Homes was trading at EUR 56.50 at Lang & Schwarz on September 30, 2026, at 7:33 a.m. CEST, down 0.88 percent versus the EUR 57.00 prior close of September 29, 2026. The pre-market quote gives investors a dated euro reference before the NYSE session begins.