Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Meritage Homes Corporation before investing.

In this article, we go over a few key elements for understanding Meritage Homes Corporation’s stock price such as:

• Meritage Homes Corporation’s current stock price and volume
• Why Meritage Homes Corporation’s stock price changed recently
• Upgrades and downgrades for MTH from analysts
• MTH’s stock price momentum as measured by its relative strength

About Meritage Homes Corporation (MTH)

Before we jump into Meritage Homes Corporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

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 Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

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Meritage Homes Corporation’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Meritage Homes Corporation’s stock price was $70.200.

Meritage Homes Corporation is down 0.86% from its previous closing price of $70.810.

During the last market session, Meritage Homes Corporation’s stock traded between $69.880 and $71.510. Currently, there are approximately 67.37 million shares outstanding for Meritage Homes Corporation.

Meritage Homes Corporation’s price-earnings (P/E) ratio is currently at 12.8, which is low compared to the Household Durables industry median of 13.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Meritage Homes Corporation Stock Price History

Meritage Homes Corporation’s (MTH) price is currently down 16.28% so far this month.

During the month of July, Meritage Homes Corporation’s stock price has reached a high of $84.130 and a low of $69.130.

Over the last year, Meritage Homes Corporation has hit prices as high as $85.380 and as low as $58.030. Year to date, Meritage Homes Corporation’s stock is up 6.69%.

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What Caused Meritage Homes Corporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Meritage Homes Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Meritage Homes Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Meritage Homes Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Meritage Homes Corporation’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Meritage Homes Corporation (MTH) by visiting AAII Stock Evaluator.

Relative Price Strength of Meritage Homes Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Meritage Homes Corporation has a weighted four-quarter relative price strength of -1.92%, which translates to a Momentum Score of 46 and is considered to be Average.

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Meritage Homes Corporation Stock Price: Bottom Line

As of July 31, 2026, Meritage Homes Corporation’s stock price is $70.200, which is down 0.86% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Meritage Homes Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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