Meritage Homes Corporation (MTH) Releases Q4 2025 Earnings: Revenue and EPS Decline, EPS Miss

Meritage Homes Corporation (MTH) reported fourth-quarter 2025 results. Revenue totaled $1.44 billion, down 11.5% year-over-year and below the consensus estimate of $1.51 billion.

Key financials:

Gross profit: $235.3 million (down 38.3% YoY)

Operating profit: $86.3 million (down 57.9% YoY)

Net income attributable to common shareholders: $84.0 million (down 51.3% YoY)

Diluted earnings per share: $1.20 (down 49.2% YoY; estimate $1.55)

Cash flow and balance sheet highlights:

Cash from operating activities: $243.7 million (down 344.7% YoY)

Capital expenditures: $5.58 million (down 25.5% YoY)

Cash and cash equivalents: $775.2 million (up 19.0% YoY)

Total liabilities: $2.43 billion (up 20.1% YoY)

Other notable items:

Cost of sales was $1.20 billion, a factor in the compressed gross profit and margins.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Meritage Homes Corporation Insider Trading Activity

Meritage Homes Corporation insiders have traded $MTH stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $MTH stock by insiders over the last 6 months:

PHILLIPPE LORD (Chief Executive Officer) sold 6,950 shares for an estimated $556,069
MALISSIA CLINTON (EVP - Gen. Counsel, Secretary) has made 0 purchases and 2 sales selling 6,518 shares for an estimated $466,619.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Meritage Homes Corporation Hedge Fund Activity

We have seen 205 institutional investors add shares of Meritage Homes Corporation stock to their portfolio, and 200 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 2,950,887 shares (+686.8%) to their portfolio in Q3 2025, for an estimated $213,732,745
CITADEL ADVISORS LLC removed 1,197,830 shares (-70.1%) from their portfolio in Q3 2025, for an estimated $86,758,826
JACOBS LEVY EQUITY MANAGEMENT, INC removed 732,213 shares (-97.1%) from their portfolio in Q3 2025, for an estimated $53,034,187
UBS GROUP AG removed 700,789 shares (-68.7%) from their portfolio in Q3 2025, for an estimated $50,758,147
BLACKROCK, INC. added 676,275 shares (+6.0%) to their portfolio in Q3 2025, for an estimated $48,982,598
FISHER ASSET MANAGEMENT, LLC removed 648,611 shares (-96.6%) from their portfolio in Q3 2025, for an estimated $46,978,894
CAPITAL WORLD INVESTORS added 609,866 shares (+44.3%) to their portfolio in Q3 2025, for an estimated $44,172,594

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Meritage Homes Corporation Analyst Ratings

Wall Street analysts have issued reports on $MTH in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 01/06/2026
B of A Securities issued a "Buy" rating on 10/10/2025

To track analyst ratings and price targets for Meritage Homes Corporation, check out Quiver Quantitative's $MTH forecast page.

Meritage Homes Corporation Price Targets

Multiple analysts have issued price targets for $MTH recently. We have seen 5 analysts offer price targets for $MTH in the last 6 months, with a median target of $82.0.

Here are some recent targets:

John Lovallo from UBS set a target price of $101.0 on 01/23/2026
Rafe Jadrosich from B of A Securities set a target price of $82.0 on 01/16/2026
James McCanless from Citizens set a target price of $90.0 on 01/07/2026
Stephen Kim from Evercore ISI Group set a target price of $77.0 on 12/04/2025
Michael Rehaut from JP Morgan set a target price of $69.0 on 11/04/2025