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MTH-News
MTH-Events
Meritage Homes Reports Q3 Revenue of $1.168B
Reports Q3 revenue $1.168B, consensus $1.29B. "In the third quarter of 2026, we navigated an increasingly challenging homebuying environment marked by rising mortgage interest rates and persistent geopolitical and macroeconomic uncertainty. Constrained affordability weighed on consumer sentiment, which was reflected in our 15% year-over-year decline in third quarter orders despite achieving an average absorption pace of 3.0 net sales per month per store," said Steven J. Hilton, executive chairman of Meritage Homes. "In light of current market conditions, we intentionally focused on preserving margins rather than pursuing a higher sales pace."
Meritage Updates 2026 Home Closing Volume and Revenue Guidance
Meritage said: "Based on current market conditions and year-to-date results, we are updating our guidance for full year 2026 home closing volume and revenue to around 5% below full year 2025 results, although home closing revenue could trend lower if market conditions require higher incentives."
Meritage Homes Expects 5%-10% Community Count Growth for FY26
Meritage Homes backs FY community count growth view of 5%-10% y/y for FY26
Meritage Homes Q2 Revenue at $1.4B, Below Consensus
Reports Q2 revenue $1.4B, consensus $1.42B. "The 2026 spring selling season remained softer than expected this quarter as macroeconomic uncertainty and volatile interest rates continued to pressure buyer psychology. Although below prior year levels, our second quarter 2026 absorptions reflected pockets of solid performance which accelerated community close outs in some markets," said Steven J. Hilton, executive chairman of Meritage Homes.
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