Meritage Homes stock slips after earnings beat on revenue drop

Published on 09/02/2026 at 15:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meritage Homes stock traded lower after the homebuilder reported Q2 2026 EPS of USD 1.42 on revenue of USD 1.41 billion. The dividend was set at USD 0.48 per quarter.

MTH, US59001A1025, Illustration mit AI erstellt.

Meritage Homes stock slipped after the homebuilder reported Q2 2026 earnings of USD 1.42 per share on revenue of USD 1.41 billion, with the stock opening at USD 67.60 and a market capitalization of USD 4.41 billion on September 2, 2026. According to MarketBeat, the company beat the consensus EPS estimate by USD 0.12 even as revenue came in below expectations.

Earnings beat, revenue miss

Meritage Homes Corporation (ISIN US59001A1025) posted quarterly revenue of USD 1.41 billion for Q2 2026, down 14.1 percent year over year from USD 2.04 billion, while net margin stood at 6.11 percent and return on equity at 7.13 percent. The same report put the dividend at USD 0.48 per share quarterly, equal to USD 1.92 annualized, with the ex-dividend date set for September 15, 2026 and payment scheduled for September 30, 2026.

That mix matters because earnings strength and sales pressure are pulling in opposite directions. MarketBeat also cited a 14.14 price-to-earnings ratio and a 5.08 PEG ratio, while the stock was trading at USD 67.60 after a 2.6 percent decline in the same market snapshot.

Dividend and valuation

The latest report gives investors a clean comparison: Q2 2026 EPS of USD 1.42 versus USD 2.04 a year earlier, and revenue of USD 1.41 billion versus analyst estimates of USD 1.43 billion. For a builder, the key question is whether margin stability can offset the 14.1 percent revenue decline.

Go deeper

Meritage Homes dividend and quarterly metrics

Key figures from the latest quarter, including revenue, EPS, margin and the new dividend, help frame the stock reaction.

Meritage Homes coverage

Homebuilding as the driver

Meritage Homes builds entry-level and move-up homes across the United States, so revenue trends and margin discipline are the numbers that matter most when demand cools. The quarterly dividend of USD 0.48 per share adds another visible signal for income-focused holders.

Stock at USD 67.60

Meritage Homes stock opened at USD 67.60 on September 2, 2026, with a market value of USD 4.41 billion and a 14.14 earnings multiple. The stock was down 2.6 percent in the cited market snapshot.