Stock AnalizMeritage Homes CORP MTH
Homebuilding · data as of November 13, 2026
Meritage Homes CORP (MTH) is a consumer discretionary company listed in the US with a market value of about $4.2B. In the twelve months to September 30, 2026 it had revenue of $5.1B and net income of $298M, a net margin of 5.8%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is shareholder returns (5/5); the weakest is future growth (0/5).
Key numbers: a P/E of 14.5, a price to free cash flow of 8.6. A discounted cash flow model with moderate assumptions puts its intrinsic value about 28% below the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
- Liabilities below 60% of assets
- Pays a dividend
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.1B | — | — | — | — | — | — | — | — | $3.2B | $3.0B |
| Net income | $298M | $453M | $786M | $739M | $992M | $737M | $423M | $250M | $227M | $143M | $150M |
| Free cash flow | $484M | $93M | -$256M | $317M | $378M | -$178M | $510M | $322M | $229M | -$105M | -$120M |
| EPS (diluted) | $4.45 | $6.35 | $10.72 | $9.96 | $13.37 | $9.64 | $5.50 | $3.21 | $2.79 | $1.71 | $1.77 |
| Net margin | 5.8% | — | — | — | — | — | — | — | — | 4.4% | 4.9% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 8 analysts is $70.62, 10% above the current price; targets range from $59.00 to $85.00; the consensus rating is “Buy”; expected EPS is $4.35 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Meritage Homes CORP’s P/E ratio?
About 14.5, based on the last twelve months of diluted earnings per share (forward P/E about 16.0).
Is Meritage Homes CORP stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 28% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Meritage Homes CORP pay a dividend?
Yes. The dividend yield is about 2.89%, and it has paid dividends for 3 years in our data.
Is Meritage Homes CORP a good stock to buy?
We do not give buy or sell advice. Meritage Homes CORP scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.