Stock Fundamentals

Company Information

Company Name
Meritage Corporation
Sector
Consumer Cyclical
Industry
Residential Construction
Exchange
NYSE
ISIN: US59001A1025
CIK: 0000833079
CUSIP: 43740F101
Currency: USD
Full Time Employees: 1,860
Phone: 480 515 8100
Fiscal Year End: December
IPO Date: Jul 20, 1988
Description:

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Address:

18655 North Claret Drive, Scottsdale, AZ, United States, 85255

Directors & Officers

Name Title Year Born
Mr. Steven J. Hilton Executive Chairman 1962
Mr. Phillippe Lord CEO, Executive VP & Director 1974
Ms. Malissia R. Clinton Executive VP, General Counsel & Secretary 1969
Mr. Javier Feliciano Chief People Officer & Executive VP 1974
Ms. Alison L. Sasser Senior VP, Corporate Controller & Chief Accounting Officer 1976
Ms. Emily Tadano Vice President of Investor Relations & ESG NA
Mr. Elliot A. Mann Southern California Division President NA
Mr. Austin M. Woffinden Executive VP, Corporate operations and Strategy 1976

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 24, 2026 Alison Sasser N/A Sale 151.00 $76.80 $11.60K
Feb 24, 2026 Austin M Woffinden N/A Sale 143.00 $76.80 $10.98K
Feb 23, 2026 Hilla Sferruzza N/A Sale 10.93K $76.35 $834.35K
Feb 23, 2026 Javier Feliciano N/A Sale 3.58K $76.24 $272.94K
Feb 23, 2026 Phillippe Lord N/A Sale 32.82K $76.49 $2.51M
Aug 22, 2025 Phillippe Lord N/A Sale 6.95K $80.01 $556.07K
Jul 25, 2025 Dennis V Arriola N/A Purchase 2.20K $70.00 $154.00K
Jun 12, 2025 Joseph Keough N/A Purchase 4.00K $66.16 $264.64K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 11.72M Mar 31, 2026 17.58% $0.01 -3.22%
Vanguard Group Inc 7.70M Dec 31, 2025 11.55% $0.01 -1.99%
FMR Inc 3.59M Mar 31, 2026 5.38% $0.01 -4.32%
State Street Corp 3.45M Mar 31, 2026 5.18% $0.01 -2.10%
Dimensional Fund Advisors, Inc. 2.88M Mar 31, 2026 4.31% $0.04 -0.82%
Capital World Investors 1.99M Mar 31, 2026 2.98% $0.02 0.00%
Geode Capital Management, LLC 1.66M Mar 31, 2026 2.49% $0.01 -0.41%
Greenhaven Associates Inc 1.45M Mar 31, 2026 2.18% $1.48 -0.72%
Two Sigma Investments LLC 1.40M Mar 31, 2026 2.10% $0.07 127.79%
The Goldman Sachs Group Inc 1.40M Mar 31, 2026 2.10% $0.01 -12.76%
Earnest Partners LLC 1.35M Mar 31, 2026 2.02% $0.34 -3.00%
Charles Schwab Investment Management Inc 982.21K Mar 31, 2026 1.47% $0.01 -4.43%
NORGES BANK 958.25K Dec 31, 2025 1.44% $0.01 -14.60%
Morgan Stanley - Brokerage Accounts 952.97K Mar 31, 2026 1.43% $0.00 -47.81%
Millennium Management LLC 850.42K Mar 31, 2026 1.28% $0.02 7.28%
Bank of New York Mellon Corp 823.32K Mar 31, 2026 1.23% $0.01 -3.78%
Qube Research & Technologies 821.26K Mar 31, 2026 1.23% $0.06 25.51%
Northern Trust Corp 725.03K Mar 31, 2026 1.09% $0.01 -0.48%
UBS Group AG 691.59K Mar 31, 2026 1.04% $0.01 151.01%
Wellington Management Company LLP 677.62K Mar 31, 2026 1.02% $0.01 -39.20%

Shares Statistics

Shares Outstanding: 66.70M
Shares Float: 64.99M
% Insiders: 253.60%
% Institutions: 10,248.60%
Short % Float: 6.91%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 iShares Core S&P Small-Cap ETF 4.07M 6.10% ▲ 0.02% Apr 30, 2026
2 Vanguard Total Stock Mkt Idx Inv 2.03M 3.04% ▲ 0.34% Apr 30, 2026
3 American Funds SMALLCAP World A 1.99M 2.98% ▲ 0.00% Mar 31, 2026
4 iShares Russell 2000 ETF 1.59M 2.38% ▲ 0.85% Apr 30, 2026
5 Vanguard Small Cap Index 1.46M 2.19% ▼ 0.31% Apr 30, 2026
6 Fidelity Low-Priced Stock 1.31M 1.97% ▼ 0.08% Feb 28, 2026
7 Vanguard Small Cap Value Index Inv 939.38K 1.41% ▲ 0.75% Apr 30, 2026
8 DFA US Small Cap Value I 800.53K 1.20% ▲ 0.00% Mar 31, 2026
9 State Street® SPDR® S&P® Hmebldr ETF 764.79K 1.15% ▼ 1.03% Apr 30, 2026
10 Vanguard Institutional Extnd Mkt Idx Tr 752.69K 1.13% ▲ 0.78% Apr 30, 2026

Valuation Metrics

Enterprise Value: $5.68B
Trailing P/E: 12.25
Forward P/E: 11.75

Financial Highlights

Market Cap: $4.48B
EBITDA: $500.89M
P/E Ratio: $12.25
PEG Ratio: $0.54
Book Value: $76.37
Dividend/Share: $1.77
Dividend Yield: 2.60%
Earnings/Share: $5.48
Profit Margin: 6.86%
Operating Margin: 5.84%
ROA (TTM): 3.90%
ROE (TTM): 7.49%
Revenue (TTM): $5.62B
Revenue/Share (TTM): $80.60
Earnings Growth (YOY): -51.50%
Revenue Growth (YOY): -17.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 12.12x 0.36x 0.32x 180.48x 3.36x
2024-12-31 11.44x 0.26x 0.28x 457.23x 1.37x
2023-12-31 9.38x 0.22x 0.27x 1,936.57x 0.80x
2022-12-31 8.98x 0.29x 0.32x 31,381.59x 0.88x
2021-12-31 8.46x 0.39x 0.37x 3,052.13x 1.19x
2020-12-31 7.42x 0.45x 0.39x 254.47x 1.79x
2019-12-31 1.13x 0.53x 0.42x 37.60x 3.07x
2018-12-31 9.51x 0.76x 0.49x 356.08x 4.29x
2017-12-31 8.55x 0.93x 0.52x 64.77x 5.54x
2016-12-31 7.97x 0.80x 0.51x 42.15x 4.88x
2015-12-31 8.25x 1.78x 0.53x 13.36x 9.87x
2014-12-31 7.98x 1.69x 0.52x 40.90x 8.40x
2013-12-31 6.90x 1.08x 0.58x 12.93x 4.41x
2012-12-31 8.56x 1.20x 0.56x 2.78x 10.99x
2011-12-31 2.76x 1.24x 0.60x 0.07x 65.99x
2010-12-31 3.64x 1.21x 0.59x 0.92x 15.50x
2009-12-31 3.33x 1.25x 0.61x -3.66x -5.53x
2008-12-31 2.33x 1.19x 0.60x -10.23x -2.66x
2007-12-31 0.67x 0.99x 0.58x -42.93x -2.66x
2006-12-31 0.38x 0.70x 0.54x N/A 1.98x
2005-12-31 0.29x 0.65x 0.57x N/A 1.27x
2004-12-31 0.30x 0.81x 0.59x N/A 1.98x
2003-12-31 0.09x 0.85x 0.57x N/A 2.28x
2002-12-31 0.17x 0.83x 0.54x N/A 2.29x
2001-12-31 0.11x 0.99x 0.60x N/A 2.02x
2000-12-31 0.10x 0.69x 0.55x N/A 1.44x
1999-12-31 0.20x 0.36x 0.60x N/A 0.98x
1998-12-31 0.33x 0.15x 0.52x N/A 0.38x
1997-12-31 0.30x 0.21x 0.52x N/A 0.95x
1996-12-31 N/A 0.00x 0.63x N/A 0.00x
1995-12-31 N/A 0.00x 0.34x N/A 0.00x
1994-12-31 N/A 0.00x 0.44x N/A 0.00x
1993-12-31 N/A 0.00x 0.49x N/A 0.00x
1992-12-31 N/A 0.00x 0.93x N/A 0.00x
1991-12-31 N/A 0.28x 0.92x N/A 0.23x
1990-12-31 N/A 0.24x 0.76x N/A 0.52x
1989-12-31 N/A 0.00x 0.78x N/A 0.00x

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