Meritage Homes is gearing up for its second-quarter earnings report, facing another expected revenue drop—this time a 13% year-over-year plunge, slower than last year’s 4% decline. Despite missing targets last quarter and a 13% stock slide in the past month, analysts remain largely unchanged in their outlook. Peers like PulteGroup and KB Home also reported declines but beat earnings estimates, with minimal stock movement. With a current stock price of $73.37 and an average analyst target of $81.63, investors are watching closely to see if Meritage can reverse course—or if the market’s skepticism holds firm.
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