Meritage Homes Corporation reports recurring developments in U.S. homebuilding, including quarterly results, home closings, home orders, backlog, average selling prices, gross margins and community count. The company designs and builds single-family attached and detached homes, with operations organized across West, Central and East regions in twelve states.
Meritage news also covers land acquisition and development spending, cycle-time and inventory commentary, energy-efficient entry-level and first move-up homes, and financial-services activities such as title, escrow, mortgage and insurance services. Capital allocation updates include cash dividends, share repurchases, credit capacity and community-giving initiatives through Meritage Cares.
Meritage Homes (MTH) will donate a mortgage-free home to Navy veteran Maggie Coleman in Gulfport, Mississippi, through its partnership with Operation Homefront. The donation, part of the nonprofit’s Permanent Homes for Veterans program, marks Meritage’s 23rd home donation. Coleman and her family will receive the keys at a Veterans Day ceremony on November 11.
Meritage Homes (NYSE: MTH) reported third-quarter 2026 net earnings of $67.784 million as home sales and profitability declined year over year. Net earnings fell 32%, while diluted earnings per share decreased 25% to $1.04. Home closing revenue dropped 17% to $1.162352 billion, reflecting 14% fewer closings and a 4% lower average closing price. Home closing gross margin narrowed to 17.4% from 19.1%.
Orders fell 15% to 3,083 homes, and ending backlog declined 5% to 1,611 homes. For the first nine months, net earnings decreased 42% to $213.723 million. Cash ended September 30 at $677 million, versus $775 million at year-end 2025, with no revolving credit borrowings. Third-quarter repurchases totaled $55 million, and the quarterly dividend rose to $0.48 per share from $0.43 a year earlier. Meritage expects market conditions to remain unpredictable over the next several quarters.
Meritage Homes (MTH) will release its third quarter 2026 financial results after the market closes on Wednesday, October 28, 2026. Management will hold an earnings conference call and live webcast to discuss the results on Thursday, October 29, 2026 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time). Investors can register for and access the webcast via the company’s Investor Relations page or join by phone using the provided U.S. toll-free and direct dial numbers with conference code MTHQ326.
Meritage Homes (NYSE: MTH) released its 2025 Sustainability and Corporate Responsibility Data Update, featuring TCFD metrics and a SASB index, and announced a shift to biannual comprehensive ESG reporting with concise annual data updates in interim years.
According to Meritage Homes, the company has delivered about 156,000 ENERGY STAR certified homes since 2009, including nearly 14,500 in 2025. The average 2025 HERS Index score improved to 48, indicating homes were 52% more energy-efficient than a typical 2006-built home. Meritage enhanced scope 1–2 greenhouse gas inventory accuracy using unit-level data, priced 93% of 2025 homes below FHA loan limits, and achieved a customer satisfaction AvidCX rating of 95.9% versus a 90.2% peer average.
Meritage Homes (NYSE: MTH) announced that its Board of Directors has declared a quarterly cash dividend of $0.48 per share. The dividend is scheduled to be paid on September 30, 2026 to shareholders of record as of the close of trading on September 15, 2026.
Meritage Homes (NYSE:MTH) reported second quarter 2026 home closing revenue of $1.39 billion, down 14% year-over-year on an 11% decline in closings to 3,725 and a 4% lower average closing price of $373,000. Home closing gross margin fell to 18.3% from 21.1%, and net earnings declined 38% to $90.6 million, with diluted EPS of $1.37 versus $2.04. Orders fell 9% to 3,575 homes and ending backlog value decreased 5% to $661.9 million.
For the first half of 2026, home closing revenue declined 16% to $2.50 billion and net earnings dropped 46% to $145.9 million (EPS $2.18). Meritage Homes ended the quarter with $807 million in cash, no revolver borrowings, a net debt-to-capital ratio of 17.1%, and a 9% higher community count. The company returned $131 million to shareholders in Q2 via $100 million of share repurchases and $31 million of dividends, refinanced and upsized its revolving credit facility to $980 million, and now expects full-year 2026 home closings and revenue to be around 5% below 2025.
Frontdoor (NASDAQ:FTDR) expanded its board of directors to nine members and elected Hilla Sferruzza/b) as a director, effective immediately. She will also serve on the .
Sferruzza is Executive Vice President and Chief Financial Officer of Meritage Homes (NYSE:MTH) and will stand for re-election at Frontdoor’s 2027 annual stockholders meeting.
Meritage Homes (NYSE:MTH) plans to release its second quarter 2026 earnings results on Wednesday, July 29, 2026 after the market close.
Management will host an earnings conference call and live webcast on Thursday, July 30, 2026 at 8:00 a.m. PT (11:00 a.m. ET). Investors can register and access the event, as well as a replay, via the company’s Investor Relations webpage or join by phone using the provided U.S. toll-free and direct-dial numbers with conference code MTHQ226.
Dream Finders Homes (NYSE: DFH) appointed homebuilding veteran Clint Szubinski as Chief Operating Officer. He will lead the company’s strategic vision and operational performance, working with National President Doug Moran during a transition period.
Szubinski brings decades of leadership experience from major public builders, supporting DFH’s multi-state expansion strategy.
Meritage Homes (NYSE:MTH) renewed its 13-year partnership with Operation Homefront’s Permanent Homes for Veterans program by donating a brand-new, mortgage-free home to a military family in Gulfport, Mississippi.
The 2,000-square-foot, four-bedroom, three-bath home in the Hidden Trails community will be awarded around Veterans Day 2026. Since 2013, Meritage has donated 22 mortgage-free homes to veterans and their families.