Is Meritage Homes (MTH) overvalued or fairly valued?

MarketChacha shows Meritage Homes's valuation in context — a trailing P/E of about 12.1, a forward P/E of about 11.1, a price-to-book of about 0.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of Meritage Homes (MTH)?

Meritage Homes last traded at $71.78 (+0.2% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Meritage Homes

MTH · NYSE · Consumer Discretionary · United States

$71.78+0.2%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:28 PM

Snapshot

TickerMTH

ExchangeNYSE

SectorConsumer Discretionary

IndustryResidential Construction

CountryUnited States

Employees1,860

HeadquartersScottsdale, United States

Market cap$4.8B

P/E (TTM)12.1

P/B0.9

Volume404.68K

Websitewww.meritagehomes.com

Filings tracked5

About Meritage Homes

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Profile as reported by Yahoo Finance.

Who owns it

Insiders2.5%
Institutions97.5%
Public & other0.0%

548 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.17.58%
Vanguard Portfolio Management LLC5.95%
FMR, LLC5.38%
State Street Corporation5.18%
Vanguard Capital Management LLC4.32%
Dimensional Fund Advisors LP4.31%
Capital World Investors2.98%
Geode Capital Management, LLC2.49%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Over 3 years only 0.12× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion0.12×

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.5B · EPS 1.49

Est. earnings growth -4.1%

Next fiscal year

Rev $6.0B · EPS 6.48

Est. earnings growth +29.6%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$58.0352-wk range$85.38

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$4.8B

Day change

+0.2%

P/E (TTM)

12.1

Fwd P/E

11.1

P/B

0.9

Div yield

2.68%

Beta

1.36

ROE

8.7%

Profit CAGR (2y)

-21.7%

EPS (FY2025)

6.35

Net profit (FY2025)

$453.0M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about MTH

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$453.0M	6.35	8.7%
FY2024	$786.2M	10.72	15.3%
FY2023	$738.7M	9.96	16.0%

Quarterly

Period	Net profit	EPS
2026Q1	$55.3M	0.82
2025Q3	$99.3M	1.39
2025Q2	$146.9M	2.04
2025Q1	$122.8M	1.69
2024Q3	$196.0M	2.67
2024Q2	$231.6M	3.15
2024Q1	$186.0M	2.53
2023Q3	$221.8M	5.98
2023Q2	$186.8M	5.02
2023Q1	$131.3M	3.54

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Material financial obligation, Exhibits
SEC6/29/2026material
8-K — Shareholder vote results, Exhibits
SEC5/21/2026material
10-Q filing
SEC4/24/2026
8-K — Results of operations, Exhibits
SEC4/22/2026material
8-K — Executive/director change, Exhibits
SEC3/26/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.