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MTH News
MTH Events
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.
Meritage Homes Reports Q1 Revenue of $1.117B
Reports Q1 revenue $1.117B, consensus $1.17B. "With the spring selling season commencing this quarter, we experienced some improved demand, achieving an absorption rate of 3.6 net sales per month and sales orders of 3,664 homes. However, these results were below our expectations as 2026 began with a severe winter storm in January and then transitioned into military operations in Iran midway through the quarter, which negatively impacted consumer sentiment and mortgage rates," said Steven Hilton, executive chairman of Meritage Homes. "In this environment, we acknowledge that capturing demand requires higher than anticipated incentive utilization, even as we look to optimize every asset while balancing pace and margin."
Company Updates 2026 Home Closing Volume and Revenue Guidance
Based on current market conditions, the Company is updating its guidance for full year 2026 home closing volume and revenue to at or within 5% of full year 2025 results.
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