Meritage Homes, Tri Pointe Homes, M/I Homes Expected to Announce Quarterly Earnings

Major U.S. homebuilders Meritage Homes, Tri Pointe Homes, and M/I Homes are set to announce their quarterly earnings results in the coming week. Analysts expect Meritage Homes to report earnings of $1.75 per share and revenue of $1.34 billion, while its stock has recently gained over 4% but remains well below its 52-week high. Tri Pointe Homes is projected to post earnings of $0.45 per share and $713.65 million in revenue, with recent analyst ratings ranging from 'strong-buy' to 'sector perform.' M/I Homes is anticipated to report $4.16 per share in earnings and $1.12 billion in revenue, with a strong return on equity and a low debt-to-equity ratio. The homebuilding sector is experiencing mixed analyst sentiment, with some firms maintaining buy ratings despite recent price target reductions, while others have downgraded to hold or sell. Overall, these earnings reports will provide insights into the performance and outlook of the U.S. homebuilding industry amid shifting market conditions.