Several analysts have recently updated their ratings and price targets for Meritage Homes (NYSE: MTH):
- 7/7/2026 – Meritage Homes was downgraded by Zelman & Associates from “outperform” to “neutral”.
- 7/6/2026 – Meritage Homes had its “market outperform” rating reaffirmed by Citigroup Inc..
- 6/24/2026 – Meritage Homes was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
- 6/20/2026 – Meritage Homes was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/16/2026 – Meritage Homes was upgraded by Wall Street Zen from “sell” to “hold”.
- 5/12/2026 – Meritage Homes was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
- 5/12/2026 – Meritage Homes was downgraded by Zacks Research from “hold” to “strong sell”.
Meritage Homes Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. Meritage Homes’s dividend payout ratio (DPR) is currently 35.23%.
Insiders Place Their Bets
In related news, CAO Alison Sasser sold 1,273 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.11, for a total transaction of $79,066.03. Following the completion of the sale, the chief accounting officer directly owned 7,634 shares in the company, valued at approximately $474,147.74. The trade was a 14.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.50% of the company’s stock.
Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.
The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.
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