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NYSEConsumer CyclicalResidential Construction
Latest quote
$63.83
−$0.60 · -0.93%
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Regular session
$63.83
−$0.60 · -0.93%
Regular session · ET · Market data may be delayed.
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Day range
Current $63.83
52-week range
Current $63.83
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
65
Undervalued
Sentiment
61
Bullish
Risk
41
Elevated Risk
Momentum
51
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Day range
Current $63.83
52-week range
Current $63.83
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 5.86B USD | 6.4B USD | 6.14B USD | 6.29B USD | 5.14B USD |
| Cost of goods sold | 4.69B USD | 4.8B USD | 4.62B USD | 4.49B USD | 3.7B USD |
| Gross profit | 1.15B USD | 1.6B USD | 1.52B USD | 1.8B USD | 1.44B USD |
| Selling, general, and administrative | 211.76M USD | 639.93M USD | 616.63M USD | 516.25M USD | 466.85M USD |
| Operating expenses | 616.17M USD | 639.93M USD | 616.63M USD | 516.25M USD | 466.85M USD |
| Interest expense | — | — | — | 41K USD | 318K USD |
| Depreciation and amortization | 25.29M USD | 25.96M USD | 25.33M USD | 24.75M USD | 26.25M USD |
| Operating income | 537.48M USD | 958.35M USD | 902.39M USD | 1.29B USD | 970.58M USD |
| Net income | 453.01M USD | 786.19M USD | 738.75M USD | 992.19M USD | 737.44M USD |
Company facts updated Sep 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$87.00
36.30% upsideCash distributions grouped by calendar year; partial years are marked.
$1.72
2025 complete year+409.6% since 2023
2026 partial: $0.96
$0.3375
2,023
$1.50
2,024
$1.72
2,025
$0.96
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 15, 2026 | $0.48Quarterly | Sep 15, 2026 | Sep 30, 2026 |
Dividend | Jun 16, 2026 | $0.48Quarterly | Jun 16, 2026 | Jun 30, 2026 |
Dividend | Mar 17, 2026 | $0.48Quarterly | Mar 17, 2026 | Mar 31, 2026 |
Dividend | Dec 17, 2025 | $0.43Quarterly | Dec 17, 2025 | Dec 31, 2025 |
Dividend | Sep 16, 2025 | $0.43Quarterly | Sep 16, 2025 | Sep 30, 2025 |
Dividend | Jun 16, 2025 | $0.43Quarterly | Jun 16, 2025 | Jun 30, 2025 |
Ex-dividend Sep 15, 2026
$0.48
Quarterly
Record Sep 15, 2026 · Payment Sep 30, 2026
Ex-dividend Jun 16, 2026
$0.48
Quarterly
Record Jun 16, 2026 · Payment Jun 30, 2026
Ex-dividend Mar 17, 2026
$0.48
Quarterly
Record Mar 17, 2026 · Payment Mar 31, 2026
Ex-dividend Dec 17, 2025
$0.43
Quarterly
Record Dec 17, 2025 · Payment Dec 31, 2025
Ex-dividend Sep 16, 2025
$0.43
Quarterly
Record Sep 16, 2025 · Payment Sep 30, 2025
Ex-dividend Jun 16, 2025
$0.43
Quarterly
Record Jun 16, 2025 · Payment Jun 30, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR293.18M0.26%109.96B USD0.06%$142.76-1.04%
Vanguard Morningstar Total Stock Market ETFVTI142.03M0.01%2.3T USD0.03%$376.07-0.41%
iShares Russell 2000 ETFIWM115.38M0.14%80.51B USD0.19%$290.8-1.31%
Vanguard Morningstar Small-Cap ETFVB102.27M0.06%183.4B USD0.03%$294.46-1.11%
Vanguard Morningstar Small-Cap Value ETFVBR64.95M0.09%68.3B USD0.05%$242.22-0.99%
Vanguard Extended Market ETFVXF53.87M0.06%93.7B USD0.05%$238.83-1.05%
State Street SPDR S&P Homebuilders ETFXHB46.63M3.32%1.4B USD0.35%$99.32-1.42%
iShares U.S. Home Construction ETFITB46.5M2.01%2.32B USD0.37%$90.23-0.90%iShares Core S&P Small-Cap ETFIJRVanguard Morningstar Total Stock Market ETFVTIiShares Russell 2000 ETFIWMVanguard Morningstar Small-Cap ETFVBVanguard Morningstar Small-Cap Value ETFVBRVanguard Extended Market ETFVXFState Street SPDR S&P Homebuilders ETFXHBiShares U.S. Home Construction ETFITBAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
