200wk Uptrend — rising+above (sma 72.34 vs px 73.44)
Seasonal Tailwind — november med 5.5% (mag 2/3) · posClose 65.79% (rel 1/3) · n38 ×0.5 = 3.2
Founder-Led — founder/CEO led
About Meritage Corporation
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 Carol… Read full Trend Edge analysis →
Sector: Consumer Cyclical
Industry: Residential Construction
Exchange: NYSE
IPO Date: July 20, 1988
Headquarters: 18655 North Claret Drive, Scottsdale, AZ, United States, 85255
Founder-Led: Yes — Steve Hilton (Executive Chairman of the Board)
Key Metrics
Current Price
$73.44
Market Cap
$4.63B
Float
63.5M
Shares Outstanding
65.2M
P/E (Forward)
12.48
P/E (TTM)
15.45
Price/Sales (TTM)
0.86
vs. Analyst Target
+12.2% to analyst PT
Profit Margin
6.11%
Operating Margin (TTM)
8.19%
Revenue (TTM)
$5.39B
Earnings Growth (YoY)
-32.80%
Dividend Rate
1.9%
Analyst Target Price
$82.38 (10 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$4.50B
$423M
$1.00B
$585M
2021
$5.14B
$737M
$1.44B
$981M
2022
$6.29B
$992M
$1.80B
$1.31B
2023
$6.11B
$739M
$1.50B
$1.27B
2024
$6.40B
$786M
$1.60B
$1.03B
2025
$5.86B
$453M
$1.15B
$610M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$1.42B
$99.3M
Dec 2025
$1.44B
$84.0M
Mar 2026
$1.12B
$55.3M
Jun 2026
$1.39B
$185M
Ownership & Float
Insider Ownership
2.6%
Institutional Ownership
106.1%
Short Float
6.5%
% of All Funds Holding
4.52%
Number of Funds Holding
398
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$75.27
Near-term / short-term trend
Weekly
40-Week SMA
$70.66
Medium-term trend
Weekly
80-Week SMA
$70.58
Cyclical trend (business cycle)
Weekly
200-Week SMA
$72.34
Secular trend (multi-year)
Monthly
10-Month SMA
$70.57
Near-term monthly trend
Monthly
20-Month SMA
$70.53
Medium-term monthly trend
Monthly
40-Month SMA
$75.67
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$83.00
resistance
1.02x
0 months ago
$70.00
support
1.18x
1 months ago
$95.00
resistance
1.13x
19 months ago
Historical Earnings Reactions (114 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
1.10%
0.55%
60.53%
12.15%
-5.24%
1 Day
0.92%
0.48%
54.39%
19.32%
-11.85%
1 Week
2.10%
-0.04%
50.00%
84.65%
-20.37%
2 Weeks
2.27%
-0.15%
47.37%
79.80%
-16.66%
1 Month
2.83%
0.79%
52.21%
92.71%
-25.29%
Next earnings: October 17, 2026 (51 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
3.1%
52.6%
38
Feb
0.3%
39.5%
38
Mar
-2.8%
47.4%
38
Apr
7.7%
55.3%
38
May
4.7%
60.5%
38
Jun
1.0%
55.3%
38
Jul
3.7%
50.0%
38
Aug
-0.2%
47.4%
38
Sep
-2.6%
42.1%
38
Oct
-0.5%
44.7%
38
Nov
4.6%
65.8%
38
Dec
0.9%
44.7%
38
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.04%
42.6%
1807
Tuesday
0.21%
45.1%
1967
Wednesday
0.11%
42.6%
1966
Thursday
0.09%
44.4%
1930
Friday
0.16%
42.4%
1920
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 106.1%
Insider Transactions — Smart Summary
Total insider ownership: 2.6%
Founder-led management: Steve Hilton (Executive Chairman of the Board)
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