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Meritage Homes Corporation (MTH) Stock Analysis

Recovery setup

SellVALUE-TRAP 1/5Moderate Confidence

Consumer Cyclical · Residential Construction

Sell if holding. Engine safety override at $67.44: Quality below floor (3.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: Elevated put/call ratio: 3.00; Below-average business quality; Below long-term trend.

Meritage Homes designs and builds entry-level and first move-up single-family homes in 12 states across three regions (West, Central, East), with 336 communities at Dec 31, 2025 and ASP ~$384K. Revenue comes from home closings and an ancillary financial services segment.... Read more

$67.44+0.6% A.UpsideScore 4.5/10#9 of 16 Residential Construction
Stop $62.62Target $67.67(analyst − 13%)A.R:R 0.1:1
Analyst target$77.78+15.3%9 analysts
$67.67our TP
$67.44price
$77.78mean
$58
$90

Sell if holding. Engine safety override at $67.44: Quality below floor (3.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: Elevated put/call ratio: 3.00; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 52. Score 4.5/10, moderate confidence.

Passes 4/7 gates (clean insider activity, no SEC red flags, earnings proximity 83d clear, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Target reached (0.6% upside)
Quality below floor (3.4 < 4.0)

Key Metrics

P/E (TTM)12.2
P/E (Fwd)9.9
Mkt Cap$4.5B
EV/EBITDA11.2
Profit Mgn6.9%
ROE7.5%
Rev Growth-17.7%
Beta1.51
Dividend2.86%
Rating analysts16

Quality Signals

Piotroski F6/9

Options Flow

P/C3.00bearish
IV51%elevated
Max Pain$38-44.4% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographiclimited 12-state geographic diversification
    10-K Item 1A: 'Our lack of geographic diversification could adversely affect us if the homebuilding industry in our markets decline.'

Material Events(8-K, last 90d)

  • 2026-03-26Item 5.02LOW
    Executive Compensation Committee approved pay increases for CEO Phillippe Lord, CFO Hilla Sferruzza, and two other EVPs effective March 23, 2026. Routine compensation adjustment, no officer departures.
    SEC filing →
  • 2026-02-19Item 5.02LOW
    Dennis V. Arriola resigned from the Board effective March 31, 2026. Board reduced from 12 to 11 directors. Resignation did not result from any disagreements with the Company. No successor needed.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
1.6
Growth Rank
3.1
Value Rank
5.3

Revenue shrinking — -17.7% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
0.0
Earnings Growth
6.6
Declining revenue: -18%

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Operating Margin
2.3
Roe
2.5
Roa
2.6
Fcf Quality
2.9
Net Margin
3.4
Current Ratio
5.0
Moat
5.0
Piotroski F
6.7
Earnings quality RED FLAG: 36% FCF/NINo competitive moat
GatesMomentum 4.3<4.5A.R:R 0.1 < 1.5@spotDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 83d clearSEMI CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
52 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $60.23Resistance $71.74

Price Targets

$63
$68
A.Upside+0.3%
A.R:R0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (0.6% upside)
! Quality below floor (3.4 < 4.0)
! Momentum score 4.3/10 — below 4.5 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-07-22 (83d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MTH stock a buy right now?

Sell if holding. Engine safety override at $67.44: Quality below floor (3.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: Elevated put/call ratio: 3.00; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 52. Prior stop was $62.62. Score 4.5/10, moderate confidence.

What is the MTH stock price target?

Take-profit target: $67.67 (+0.6% upside). Prior stop was $62.62. Stop-loss: $62.62.

What are the risks of investing in MTH?

Target reached (0.6% upside); Quality below floor (3.4 < 4.0).

Is MTH overvalued or undervalued?

Meritage Homes Corporation trades at a P/E of 12.2 (forward 9.9). TrendMatrix value score: 8.0/10. Verdict: Sell.

What do analysts say about MTH?

16 analysts cover MTH with a consensus score of 3.6/5. Average price target: $78.

What does Meritage Homes Corporation do?Meritage Homes designs and builds entry-level and first move-up single-family homes in 12 states across three regions...

Meritage Homes designs and builds entry-level and first move-up single-family homes in 12 states across three regions (West, Central, East), with 336 communities at Dec 31, 2025 and ASP ~$384K. Revenue comes from home closings and an ancillary financial services segment. Geographic reach is more limited than some national competitors.

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