Meritage Homes stock stays supported by housing demand

Published on 09/17/2026 at 21:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meritage Homes stock keeps a USD 78.36 last close on September 16, 2026, with a MarketScreener snapshot showing a USD 84.92 average target. Reuters said Lennar's Q3 revenue fell to USD 8.05 billion.

MTH, US59001A1025, Illustration mit AI erstellt.

Meritage Homes Corporation stock (ISIN US59001A1025) closed at USD 78.36 on September 16, 2026, while a MarketScreener snapshot showed an average target price of USD 84.92 and a 5-day change of -2.97 percent for Lennar, a key peer in U.S. homebuilding.

Mortgage rates stay the pressure point

Reuters reported on September 16, 2026, that Lennar's third-quarter profit more than halved to USD 283.9 million, or USD 1.19 per share, and that total revenue for the quarter ended August 31 fell more than 8 percent year on year to USD 8.05 billion. That backdrop matters for Meritage Homes because higher mortgage rates continue to shape demand across the new-home market.

For investors, the key comparison is concrete: Lennar's quarter-year revenue decline of more than 8 percent came alongside a profit drop from nearly USD 591 million a year earlier to USD 283.9 million, showing how quickly margins can shift in housing. The same Reuters report said Lennar expects an average sales price of USD 370,000 to USD 380,000 in the next quarter versus an analyst estimate of USD 383,610.

Valuation versus peer data

MarketScreener's snapshot on September 17, 2026, put Lennar's last close at USD 78.36, its average target at USD 84.92 and its 1st Jan change at -23.77 percent. Against that peer backdrop, Meritage Homes stock remains positioned in a sector where investors are weighing affordability, incentives and pricing power.

Meritage Homes' own investor relations quote page says the company offers historical stock data with opens, highs, lows, closes, VWAP, volume, percent change and trade value, and it also lists the analysts and firms that follow the company. The page is the latest company-run market-data entry point available for MTH on September 17, 2026.

Stock levels and context

Meritage Homes stock closed at USD 78.36 on the primary market on September 16, 2026, and the peer snapshot puts Lennar's market tone under pressure with a USD 8.05 billion Q3 revenue base and a USD 1.19 per-share profit. For homebuilding investors, the focus stays on how long mortgage-rate pressure and incentives can coexist with stable demand.