Meritage Homes Publishes Third-Quarter 2026 Results Presentation
Bitget2026/10/29 14:58- Meritage Homes’ third-quarter 2026 net earnings fell 32% to $68 million.
- Home closing revenue declined 17% to $1.16 billion.
- Net orders dropped 15% to 3,083 amid tougher selling conditions.
- Home closings totaled 3,187, with an average selling price of $365,000.
- Home closing gross margin narrowed 170 basis points to 17.4%, reflecting higher lot costs, increased incentives and reduced operating leverage.
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