Meritage Homes Corporation (MTH) Dividend Safety Gauge & 10-Year DRIP Compounder

Per the Roarable RQD rating, MTH scores 59 out of 100, a letter grade of C-, labeled "Roarable Hold — Cautious Neutral." The five pillars are:

• Fundamental Cash Engine: 10 / 20. Per the RQD rating, this reflects ROIC of 8% and an FCF yield of 2.2%. For a prospective investor, these are modest return and cash-generation figures; the pillar score signals that the business earns its capital at a moderate rate rather than a high one.
• Whale 13F Flow: 10 / 20. The RQD rating scores institutional accumulation and options positioning at the midpoint. No underlying 13F detail is provided in the holders section, so the score cannot be traced to specific filings.
• Insider Conviction: 16 / 20. This is the strongest pillar, based on SEC Form 4 and Congressional PTR cluster flow per the RQD rating. A higher score here suggests insider activity leans constructive, though the individual transactions are not itemized in the source data.
• Macro Regime Fit: 9 / 20. Per the RQD rating, beta is 1.05 and the score reflects sector sensitivity. For an investor, this implies the stock tends to move roughly in line with the broader market, with the score indicating limited tailwind from the current macro regime.
• Forensic Balance Sheet: 14 / 20. Per the RQD rating, Altman Z is 2.7, Piotroski F is 7 of 9, and Debt/Equity is 0.2. This is the second-strongest pillar and points to a financially sound balance sheet, which lowers distress risk even where growth returns are modest.

Taken together, the rating frames MTH as a financially stable homebuilder with constructive insider signals, held back by thin cash yield, moderate capital returns, and limited macro tailwind. Valuation multiples in the market data (P/E of 9.3 TTM, EV/EBITDA of 7.7) are low, which can represent upside if earnings hold, but the lower RQD cash and macro pillars suggest that the discount is not without tradeoffs. This is an educational summary of the scoring, not personalized advice.

Per the SEC financials, operating income and net income declined from FY 2024 to FY 2025, while debt rose from $909.5M to $1092.0M. Per the market data, operating margin is 47%, net margin is 38.5%, and gross margin is 0%. Per the RQD rating, the Altman Z-Score is 2.7 and the Piotroski F-Score is 7 of 9, and Debt/Equity is 0.2. Revenue figures are reported as $0.0M in every period, and EPS is N/A, so top-line and per-share trends cannot be assessed from the source data.

• Earnings release (MARKET WIRE, YELLOW): A Q3 earnings report reports adjusted EPS of $1.11 per share against a FactSet estimate of $1.16 per share, per the MarketScreener item.
• Earnings call coverage (MARKET WIRE, YELLOW): A Yahoo Finance item covers management commentary from the Q3 earnings call.
• Valuation commentary (MARKET WIRE, YELLOW): A Seeking Alpha item characterizes the stock as cheaper on book value than any year-end in a decade.
• Price target cut (RISK WATCH, RED): A TradingView item reports a 12-month price target cut to $76.44, implying 22% upside, per the item headline.
• Revenue decline (MARKET WIRE, YELLOW): A Stock Titan item reports revenue from completed home sales fell 17% to $1.2 billion.
• Forecasts (MARKET WIRE, YELLOW): A Yahoo! Finance Canada forecast item is listed without detail.

The butterfly supply-chain graph contains no links and no proprietary signals (supply chain: NONE).

Per the analyst data, no analyst consensus, ratings, or price targets are provided (NONE). The only price-target reference comes from a TradingView news item citing a cut to $76.44. Per the holders data, no institutional 13F, insider Form 4, or Congressional trade detail is provided (NONE). The RQD rating's insider and whale pillars score 16 and 10 respectively, but the underlying transactions are not itemized in the source data. Not available in source data for individual trade records.

• What are the reported revenue figures? Every period shows $0.0M, so the top-line trend and the reconciliation to the cited 17% decline in completed home sales revenue are unresolved.
• Why is EPS listed as N/A for all reported periods, and how does that square with the trailing EPS of 6.95?
• Who are the specific insiders and institutions behind the insider-conviction and whale-flow scores?
• What supply-chain, customer, or sector dependencies drive exposure, given that the butterfly graph is empty?
• What is the basis for the cash balance missing in FY 2023 and the 0% gross margin reported alongside a 47% operating margin?