Lumida
/MTH
⌘K
Meritage Homes Corp

Meritage Homes Corp

MTH
$64.22USD+3.66%+2.27 today

MARKET CAP

4.2B

P/E (TTM)

11.7x

FWD P/E

DAY RANGE

$62 – $64

52W RANGE

$58
$85

AI Summary

Stalk
TrimMedium

Following a decisive support failure, MTH has plunged below the 9- and 21-day EMAs and is now extended in extreme oversold territory without any clear exhaustion signals. Medium-term structure remains bearish, and the primary execution edge lies in selling into minor relief rallies into the declining EMA zone. Patience is warranted until price retraces toward the broken support range and EMAs to improve risk-reward.

  • Atlas FRM and BNY Mellon added shares, underscoring institutional support.
  • Declared $0.48 quarterly dividend and $100M share buyback, returning $131M in Q2.
  • Home closing revenue fell 14% YoY to $1.4B in Q2, with closings down 9%.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$5.1B$6.3B$6.1B$6.4B$5.9B
YoY %+14.7%+22.4%-2.4%+4.2%-8.4%
P / Sales0.9x0.6x1.0x0.9x0.8x
EV / Sales1.1x0.7x1.2x1.1x1.1x
Gross Profit, Adj.$1.4B$1.8B$1.5B$1.6B$1.2B
YoY %+48.9%+25.7%-15.4%+5.3%-27.9%
Margin %27.8%28.6%24.8%25.0%19.7%
EV / Gross Profit4.1x2.5x4.7x4.4x5.5x
EBITDA, Adj.$988.7M$1.3B$928.4M$986.4M$562.8M
YoY %+81.8%+32.0%-28.9%+6.2%-42.9%
Margin %19.2%20.7%15.1%15.4%9.6%
EV / EBITDA5.9x3.4x7.7x7.1x11.3x
EBIT$962.5M$1.3B$903.0M$960.4M$537.5M
YoY %+87.7%+33.1%-29.5%+6.4%-44.0%
Margin %18.7%20.4%14.7%15.0%9.2%
EV / EBIT6.0x3.5x7.9x7.3x11.8x
Net Income$737.4M$992.2M$738.7M$786.2M$453.0M
YoY %+74.1%+34.5%-25.5%+6.4%-42.4%
Net Margin14.3%15.8%12.0%12.3%7.7%
EPS (GAAP)$9.65$13.37$9.96$10.72$6.35
YoY %+75.5%+38.5%-25.5%+7.6%-40.8%