$MTH

Meritage Homes (MTH) reported Q2 revenue of $1.41B, down 13.8% year over year and slightly below estimates, while adjusted EPS was $1.42, above estimates. Management cited softer demand and incentive pressure, but said operational discipline supported a 200% backlog conversion rate and cycle times under 110 days. Analysts asked about margin drivers, move-up strategy, and incentive outlook.

Drivers of Future Performance Management's outlook emphasizes community expansion, operational efficiency, and a diversified product strategy as the main drivers of future results, while acknowledging ongoing headwinds from affordability and incentive costs.

Meritage Homes (NYSE:MTH) reported Q2 2026 results with revenue down 14.3% year on year to $1.40 billion, below analyst expectations, according to the company and the article. Non-GAAP adjusted EPS was $1.42, up 9.2% versus consensus. The firm cited softer spring demand amid macro uncertainty and volatile interest rates.

Meritage Homes CORP (MTH) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 mth20260630earningsrelease.htm EX-99.1 Document Exhibit 99.1 Contacts: Emily Tadano, VP Investor Relations and External Communications (480) 515-8979 (office) investors@meritagehomes.com Meritage Homes reports second quarter 2026 results SCOTTSDALE, Ariz., July 29, 2026

U.S. Census Bureau data showed building permits for privately owned housing units fell 3.0% in June from May and 2.3% year over year, with single-family permits down 2.4%. Shares of Meritage Homes (MTH), LGI Homes (LGIH), and Champion Homes (SKY) fell about 4-5% in the afternoon. The article cites KB Home Q2 revenue of $1.11B vs $1.10B consensus.

Meritage Homes CORP (MTH) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 ex101twelfthamendmenttocre.htm EX-10.1 Document Exhibit 10.1 TWELFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT TWELFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “ Amendment ”) dated as of June 24, 2026, among MERITAGE HOMES CORPORATION, a Marylan

Meritage Homes (MTH) reported softer first-quarter 2026 results with lower revenue and net income compared to the previous year, alongside flat guidance for 2026 home closing volume and revenue. This cautious outlook, combined with a recently completed share repurchase program, signals a shift in investment focus towards managing margins and navigating pricing pressures in the housing market. Despite the challenges, Simply Wall St projects a fair value for MTH with a 24% upside, while acknowledging that previous bullish analyst expectations may need reassessment given the current guidance.

Meritage Homes Corp (MTH) shares recently fell 3.4% despite having a strong GF Score of 87, indicating solid fundamentals. The stock is currently valued slightly below its GF Value, suggesting it's undervalued by 2.8%. However, insider selling of $4.9 million and a P/E ratio significantly above its historical median raise potential concerns for investors.

Meritage Homes' Q4 2025 performance demonstrates a strategic focus on protecting margins and controlling inventory rather than aggressively pursuing sales in a soft market. The company prioritized operational discipline, maintaining faster cycle times and a strong balance sheet, while making deliberate choices to "hold the line" on incentives. This approach emphasizes operational excellence as a core strategy when buyer confidence is low, leading to a pragmatic pivot despite lower reported financials.

International General Insurance Holdings Ltd (IGIC), Meritage Homes Corp (MTH), and Upbound Group Inc (UPBD) are scheduled to trade ex-dividend on December 17, 2025. IGIC will pay $0.05, MTH will pay $0.43, and UPBD will pay $0.39 in their upcoming quarterly dividends. Based on recent stock prices, shares of these companies are expected to open lower by 0.21%, 0.60%, and 2.14% respectively, all else being equal.