Stocks股票 / Consumer Disc. / MTH
Meritage Homes Corporation · Consumer Disc.
MTH US listed · USD美股 · 美元
Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales.Meritage Homes Corporation是一家公开交易的美国房地产开发公司，在美国各地建造多种单户独立住宅。根据2023年住宅销售数据，它是美国第五大住宅建筑商。
Mid cap中盘 · $5B
Rate-sensitive利率敏感
Consumer Disc.
S&P 600标普600小盘Russell 2000罗素2000
$71.18
-$2.99 · -4.03%
52w low52周低 $57.45high高 $86.92
Lagging — relative weakness落后 — 相对弱势
A cycle low is due in roughly ~0–2 trading days — watch for the turn, don't front-run it.周期低点预计在约 ~0–2 个交易日内出现——等待转向，切勿抢跑。
Engine read引擎解读 · 2026-07-21
Price chart价格图表
daily · interactive日线 · 可交互
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Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
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Technicals技术面
daily bars日线数据 · 2026-07-21
Momentum (RSI 14)动量（RSI 14）
41
Neutral zone中性区域
vs 50-day average相对50日均线
-0.1% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
+2.6% above上方
Long trend up长期向上
Volatility波动率
92th percentile第92百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-07-299days to go天后公布
Estimates being cut预期下调
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | MTH | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（历史） | 10.71x | 19.97 | |
| P/B市净率 | 0.93x | 2.89 | |
| Earnings yield盈利收益率 | 9.34% | 4.57 | |
| FCF yield自由现金流收益率 | 1.91% | 5.73 | |
| Shareholder yield股东收益率 | 6.08% | 4.27 | |
| P/FCF市值/自由现金流 | 52.42x | 16.57 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Earnings per share每股收益
5-yr growth5年复合增速 -10.4%
Free cash flow自由现金流
Balance-sheet quality财务体质 3/5
Return on equity股本回报率 9%
Watch关注
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$295.0M
Stock-based comp股权薪酬$19.7M
Share count change (1y)股数变化（1年）-5.2%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
Housing Chain theme — #25 of 46 themes「住房产业链」主题 — 46 个主题中第 25 位
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
Options positioning期权持仓
as of last close截至上一收盘Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大
Expected daily move预期日波动
±2.92%
Expected weekly move预期周波动
±6.53%
Gamma flip伽玛翻转位
$79
25d risk reversal25d风险逆转
3.3%
Flow:资金流向： $0M premium traded; 30% 0DTE; P/C 1.39; ~leans bearish/hedging (direction approx)成交权利金 $0M；0DTE占30%；看跌看涨比 1.39；≈偏看跌/对冲（方向近似）
Skew: greed偏斜：贪婪
Call and put walls are plotted on the Trade levels ladder →看涨/看跌期权墙已标注在「交易点位」阶梯上 →
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$4.9M net (0 buyers, 7 sellers)-$4.9M 净值（0 买家，7 卖家）
Signal history信号历史
engine events引擎事件
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY. Day 43 of a typical 23-44-day cycle — inside the window where lows usually form, and short-term momentum is washed out. No confirmed turn yet准备。典型 23-44 天周期的第 43 天——处于低点通常形成的窗口内，且短期动量已被洗净。尚无确认的转向
Jul 17, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Jul 16, 2026
MTH took relative-strength leadershipMTH 取得相对强弱领先
Relative strength vs SPY crossed above the 90th percentile of the last 90 days — leadership tends to persist. $77.44.相对标普500的强弱上穿近90日的第90百分位 — 领先往往延续。$77.44。
Jul 7, 2026
MTH daily MACD crossed downMTH 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $78.31.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$78.31。
Jul 6, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Jul 2, 2026
Golden cross on MTHMTH 金叉
The 50-day average crossed above the 200-day — a slow, widely-watched bullish trend signal. $81.86.50日均线上穿200日均线 — 一个滞后但广受关注的看多趋势信号。$81.86。
Jun 24, 2026
UPTREND → NEARING A HIGH上涨趋势 → 接近高点
TAKE PROFITS止盈
Jun 24, 2026
MTH took relative-strength leadershipMTH 取得相对强弱领先
Relative strength vs SPY crossed above the 90th percentile of the last 90 days — leadership tends to persist. $82.39.相对标普500的强弱上穿近90日的第90百分位 — 领先往往延续。$82.39。
Jun 24, 2026
MTH made a new 52-week highMTH 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $82.39.价格创出52周新高 — 全市场关注的动量/趋势极值。$82.39。
Jun 24, 2026
MTH RSI reached overboughtMTH RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $82.39.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$82.39。
Jun 9, 2026
MTH reclaimed its 200-day averageMTH 收复200日均线
Price closed back above the 200-day moving average — the classic bull dividing line. $71.62.收盘重回200日均线 — 经典的多头分界线。$71.62。
Showing the last 15 of显示最近15条，共 257 signals条信号
Company profile公司档案
Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales.Meritage Homes Corporation是一家公开交易的美国房地产开发公司，在美国各地建造多种单户独立住宅。根据2023年住宅销售数据，它是美国第五大住宅建筑商。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Above market高于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Shareholder payout股东回报
Above market高于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Above market高于市场
Short interest空头兴趣
Below market低于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（静态） | 10.7× | 20.0× | 82% |
| Price / Book市净率 | 0.9× | 2.9× | 90% |
| Earnings yield盈利收益率 | 9.3% | 4.6% | 84% |
| Free-cash-flow yield自由现金流收益率 | 2.4% | 8.6% | 4% |
| Shareholder yield股东综合回报率 | 6.1% | 4.3% | 69% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
50/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
52/100 — middle of the pack居中
vs market, 6 months相对大盘（6个月）
26/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
35/100 — middle of the pack居中
Rank in sector行业内排名
#63 / 192
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -3.6% | -0.9% |
| 1 Month近1月 | -6.0% | -0.6% |
| 3 Months近3月 | +2.4% | +5.4% |
| 6 Months近6月 | -5.8% | +8.6% |
| Year to date年初至今 | +8.3% | +8.9% |
| 1 Year近1年 | +3.7% | +19.2% |
| 3 Years近3年 | +6.9% | +69.9% |
Trading information交易信息
Beta vs market贝塔
0.95
Volatility rank波动率分位
92th pctile
Short interest空头占比
5.4% of float
Market cap市值
$5B
EPS (trailing)每股收益
$6.65
Off 52-week high距52周高点
-16.4%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | — | — | — | — | — | — |
| EPS每股收益 | $11.00 | $19.29 | $26.74 | $19.93 | $10.72 | $6.35 |
| Free cash flow自由现金流 | $510M | $-178M | $378M | $317M | $-256M | $93M |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | — | — | — | — | — | — |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Net income净利润
$453M
Operating cash flow经营现金流
$118M
Total assets总资产
$7.6B
Shareholder equity股东权益
$5.2B
Buybacks股票回购
$295M
Shares outstanding总股本
0.07B
Returns & growth回报与增长
Return on equity股本回报率
8.7%
Return on assets资产回报率
5.9%
Profit growth利润增速
-42.4%
Asset growth资产增速
+6.4%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 6 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 6 个财年间走高——盈利的现金支撑减弱
- Capital discipline: share count +81.7% over 6 years (dilution)资本纪律：股本 6 年增加 81.7%（稀释）
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
41
RSI (2-day)RSI（2日）
14
vs 20-day average相对20日均线
-8.9%
vs 50-day average相对50日均线
-0.1%
vs 200-day average相对200日均线
+2.6%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum up动能向上
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
expanding — range opening up扩张中 — 波幅放大
Range width percentile波幅宽度分位
81/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Analysts covering覆盖分析师
7
Estimate direction预期调整方向
mostly cutting多数下调
Estimate change, 90 days预期变化（90天）
-13.9%
Net upgrades, 30 days净上调（30天）
-7
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Call wall看涨期权墙
$75
Put wall看跌期权墙
$68
Gamma flip伽玛翻转位
$79
Upside magnet上方磁吸位
$72
Downside magnet下方磁吸位
$70
Net dealer gamma做市商净伽玛
+$0.0B
Distance to flip距翻转位
-9.6%
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
0%
25-delta risk reversal25-delta风险逆转
+3.3%
Call-put IV spread看涨-看跌IV价差
+0.1pp
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$4.9M
Insider buyers vs sellers内部人买家vs卖家
0 : 7
Short interest空头占流通盘
5.4%
Days to cover回补天数
3.2
Short interest change空头变化
+3.0%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Nov · 100%
Weakest month最弱月份
Oct · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 67% | +1.7% | 3 |
| Feb2月 | 33% | -4.2% | 3 |
| Mar3月 | 33% | -1.1% | 3 |
| Apr4月 | 33% | -2.8% | 3 |
| May5月 | 33% | -3.3% | 3 |
| Jun6月 | 75% | +8.9% | 4 |
| Jul7月 | 75% | +5.5% | 4 |
| Aug8月 | 33% | -1.6% | 3 |
| Sep9月 | 33% | -5.9% | 3 |
| Oct10月 | 0% | -6.7% | 3 |
| Nov11月 | 100% | +8.4% | 3 |
| Dec12月 | 33% | -9.6% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。