MERITAGE CORP (MTH)
Consumer Discretionary · Residential homebuilding · NYSE
A homebuilder targeting entry-level and first move-up buyers in high-growth US markets with integrated title, mortgage, and insurance services.
What MERITAGE CORP does
Meritage Homes is a designer and builder of single-family attached and detached homes, operating in 12 high-growth US states across three regions (West, Central, and East). The company focuses on entry-level and first move-up homes with average sales prices around $384,000. Through its financial services segment, Meritage also provides title and escrow services, mortgage services, and insurance products to homebuyers via wholly-owned subsidiaries and joint ventures.
Themes: ["Residential homebuilding","First-time homebuyer / entry-level housing","High-growth US markets","Financial services (title, mortgage, insurance)"]
Fundamentals
- Price$74.91 as of 2026-07-09 close
- Market cap$5.0B as of 2026-07-10
- 1-year return+1.2% as of 2026-07-09 close
- P/E12.88 as of 2026-07-10
- Net margin+6.9% as of 2026-07-10
- Gross margin+11.7% as of 2026-07-10
- ROE+7.4% as of 2026-07-10
- Debt / equity0.36 as of 2026-07-10
- Revenue growth (YoY)-10.6% as of 2026-07-10
- Beta1.36 as of 2026-07-10
Dividend: yield +2.4%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue declined 10.63% year-over-year as of the filing period, reflecting challenging homebuilding market conditions and reduced demand","Exposure to interest rate and mortgage market volatility, which directly impacts home affordability and buyer demand for entry-level and first move-up homes","Concentration in cyclical residential real estate markets subject to economic downturns, construction costs inflation, and local market saturation"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.