**Truist Securities Initiates Coverage of Meritage Homes with Buy Rating**
On March 4, 2026, Truist Securities began coverage of Meritage Homes (NYSE:MTH) with a Buy recommendation. As of February 25, 2026, the average one-year price target for Meritage Homes stands at $83.67 per share, indicating a potential upside of 16.07% from its latest closing price of $72.08 per share. The projected annual revenue for Meritage Homes is set to reach $7.392 billion, a significant increase of 26.19%, with a projected non-GAAP EPS of 9.38.
**Institutional Investor Sentiment**
Currently, 507 funds report positions in Meritage Homes, reflecting a decrease of 283 owners or 35.82% in the last quarter. Although the total shares owned by institutions fell by 18.04% to 72.469 million shares, the average portfolio weight for MTH among all funds has increased by 28.46% to 0.14%. The put/call ratio for MTH is at 0.27, signaling a bullish sentiment among investors.
