M/I Homes (MHO) vs Meritage Homes (MTH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
M/I Homes (MHO) has outperformed Meritage Homes (MTH) over the past year, losing 5.1% versus a loss of 13.9%. Over five years, MHO leads with a +118.2% price change compared with +18.3% for MTH. Meritage Homes is the larger company by market cap ($3.92 billion vs $3.27 billion), about 1.2 times the size.
On valuation, M/I Homes trades at a lower forward P/E (9.2x vs 10.7x for Meritage Homes). Meritage Homes pays a dividend yielding 3.03%, while M/I Homes does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MHO | MTH |
|---|---|---|
| Share price | $129.32 | $60.07 |
| Market cap | $3.27B | $3.92B |
| 1-day change | -2.98% | -4.38% |
| YTD return | +1.07% | -8.71% |
| 1-year return | -5.07% | -13.85% |
| 5-year return | +118.22% | +18.33% |
| P/E ratio (TTM) | 10.86 | 12.54 |
| Forward P/E | 9.18 | 10.70 |
| EPS (TTM) | $11.91 | $4.79 |
| Dividend yield | 0.00% | 3.03% |
| Annual dividend | $0.00 | $1.82 |
| Net income (latest FY) | — | $453.01M |
| 52-week high | $163.66 | $85.38 |
| 52-week low | $116.78 | $58.03 |
| Distance from 52-week high | -20.98% | -29.64% |
| Analyst consensus | none | buy |
| Avg. price target upside | +31.97% | +29.85% |
| Average volume | 208.70K | 806.67K |
| Shares outstanding | 25.28M | 65.17M |
| Employees | 1,801 | 1,860 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Homebuilding | Homebuilding |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Meritage Homes offers a meaningfully higher dividend yield (3.03% vs 0.00%).
About M/I Homes
MHO stock →M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.
Consumer Discretionary · Homebuilding · 1,801 employees
About Meritage Homes
MTH stock →Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services.
Consumer Discretionary · Homebuilding · 1,860 employees
MHO vs MTH FAQ
Which is bigger, M/I Homes or Meritage Homes?
Meritage Homes (MTH) is larger, with a market capitalization of $3.92B compared with $3.27B for M/I Homes (MHO).
Which stock has performed better over the past year, MHO or MTH?
MHO returned -5.07% over the past 12 months, compared with -13.85% for MTH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MHO or MTH?
MHO has the lower trailing P/E at 10.9, versus 12.5 for MTH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, M/I Homes or Meritage Homes?
Meritage Homes pays a dividend yielding 3.03%, while M/I Homes does not currently pay a regular dividend.
Are M/I Homes and Meritage Homes in the same industry?
Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.