MTH · Meritage Homes CORP
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Jan 3, 2025; bars on opposite sides are not compared.
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted diluted earnings per common share non-GAAP | $2.27 | Six Months Ended June 30, 2026 | — |
| Adjusted home closing gross margin non-GAAP | 18.2% | first six months of 2026 | — |
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| Backlog conversion rate | 200% | second quarter of 2026 | — |
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| Debt-to-capital | 26.8% | June 30, 2026 | — |
| Effective income tax rate | 24.4% | first six months of 2026 | — |
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| Ending backlog (units) | 1,715 | Six Months Ended June 30, 2026 | — |
| Ending backlog value | $661.91M | Six Months Ended June 30, 2026 | — |
| Ending community count | 340 | second quarter of 2026 | — |
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| Home closing gross margin | 17.9% | Six Months Ended June 30, 2026 | — |
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| Home order value | $1.38B | Three Months Ended June 30, 2026 | — |
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| Lots owned or controlled | 73,200 | As of June 30, 2026 | — |
| SG&A as a percentage of home closing revenue | 11% | first six months of 2026 | — |
| Total Homes Closed | 6,692 | Six Months Ended June 30, 2026 | — |
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| Total Homes Ordered | 7,239 | Six Months Ended June 30, 2026 | — |
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| Net debt-to-capital ratio | 17.4% | first quarter 2026 | — |
| New communities opened | 40 | first quarter 2026 | — |
| Adjusted diluted EPS non-GAAP | $1.67 | Q4 FY2025 | — |
| Average absorption pace | 3.2 | Q4 FY2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Residential Construction — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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MTH
this stock
Meritage Homes CORP
|
$4.71B | +12.8% | +6.5% | 15.0 | 6.3% |
|
DHI
Horton D R Inc /De/
|
$42.49B | +5.4% | -6.9% | 14.5 | 3.8% |
|
PHM
Pultegroup Inc/Mi/
|
$24.09B | +11.4% | +11.8% | 13.1 | 4.9% |
|
LEN
Lennar Corp /New/
|
$20.85B | -15.1% | -3.5% | — | 7.0% |
|
NVR
Nvr Inc
|
$16.79B | -12.0% | -1.9% | 16.4 | 4.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Jan 3, 2025; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MTH | +1.8% | +2.7% | -1.7% | +5.7% | +12.8% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | +2.2% | -0.2% | -13.2% | +2.7% | 0.0% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.