MTH Stock Summary and Trading Ideas (Meritage Homes | NYSE:MTH)

Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, comprising twelve states: Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. The company operates with two principal business segments: homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services, and the financial services segment offers title and escrow, mortgage, and insurance services. The company generates key revenue from the Homebuilding segment.

Meritage Homes trades on the NYSE stock market under the symbol MTH.

As of August 28, 2026, MTH stock price climbed to $71.06 with 393,572 million shares trading.

MTH has a beta of 0.71, meaning it tends to be less sensitive to market movements. MTH has a correlation of 0.05 to the broad based SPY ETF.

MTH has a market cap of $4.63 billion. This is considered a Mid Cap stock.

Last quarter Meritage Homes reported $1 billion in Revenue and $1.42 earnings per share. This fell short of revenue expectation by $-24 million and exceeded earnings estimates by $.12.

In the last 3 years, MTH traded as high as $106.99 and as low as $54.62.

The top ETF exchange traded funds that MTH belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

MTH has underperformed the market in the last year with a price return of -6.3% while the SPY ETF gained +19.7%. However, in the short term, MTH had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.0% vs +2.2% return in SPY. But in the last 2 weeks, MTH shares have been beat by the market, returning -2.8% compared to an SPY return of -0.9%.

MTH support price is $68.94 and resistance is $72.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTH shares will trade within this expected range on the day.