Meritage Homes Corp (NYSE:MTH) is among the The Best Home Builder Stocks to Buy According to Hedge Funds.. On March 4, Truist Securities initiated coverage on shares of Meritage Homes Corp (NYSE:MTH) with a Buy rating and a $90 price target.
For its bullish view on Meritage Homes, the market research firm cited the homebuilder’s spec-only approach to business as a key factor. Notably, Meritage Homes does not offer custom options to homebuyers, but rather builds everything to spec. According to Truist, this approach has a cost-saving benefit.
According to the company, Meritage Homes stock is a good deal for investors looking for exposure to the lower end of the home price spectrum.
Separately, on February 19, Meritage Homes Corporation (NYSE:MTH) announced that its board of directors approved a quarterly dividend of $0.48 per share, up 12% from $0.43 last year. The dividend will be paid on March 31, 2026 to shareholders of record as of March 17, 2026.
​In its fourth-quarter 2025 earnings report, Meritage Homes reported adjusted EPS of $1.67, beating the consensus estimate of $1.53. However, revenue of $1.41 billion missed the consensus projection of $1.49 billion. The company said it operated in a challenging environment during the quarter. It was a period marked by a 7% drop in home closings and a 5% drop in the average sales price at closings.
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Meritage Homes Corp (NYSE: MTH) is among the top five homebuilders in the U.S. The company targets the entry-level and entry-level housing markets. It focuses on providing energy efficient and affordable homes to consumers. Meritage says it has delivered more than 210,000 homes over its 40-year history.
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