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Meritage Homes - MTH Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $172.67
  • Forecasted Upside: 4.61%
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$165.05 As of 04/25/2024 01:00 AM ET
▲ +10.36 (6.70%)

This chart shows the closing price for MTH by one month, three months, or twelve months.

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Analyst Price Target for MTH

Analyst Price Target is $172.67
▲ +4.61% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Meritage Homes in the last 3 months. The average price target is $172.67, with a high forecast of $188.00 and a low forecast of $148.00. The average price target represents a 4.61% upside from the last price of $165.05.

This chart shows the closing price for MTH for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in Meritage Homes. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/25/2024WedbushReiterated RatingUnderperform ➝ Underperform$148.00Low
4/2/2024WedbushDowngradeNeutral ➝ Underperform$155.00 ➝ $148.00Low
2/26/2024Zelman & AssociatesUpgradeNeutral ➝ OutperformLow
2/1/2024WedbushReiterated RatingNeutral ➝ Neutral$170.00Low
1/22/2024Seaport Res PtnDowngradeBuy ➝ NeutralLow
1/11/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$151.00 ➝ $182.00Low
12/18/2023WedbushDowngradeOutperform ➝ Neutral$170.00Low
11/3/2023Seaport Res PtnUpgradeNeutral ➝ BuyLow
7/31/2023UBS GroupBoost TargetBuy$155.00 ➝ $188.00Low
7/7/2023WedbushBoost Target$137.00 ➝ $141.00Low
6/14/2023Seaport Res PtnReiterated RatingNeutralLow
5/31/2023Deutsche Bank AktiengesellschaftInitiated CoverageBuyLow
5/3/2023Keefe, Bruyette & WoodsReiterated RatingMarket PerformLow
4/12/2023WedbushReiterated RatingOutperform$132.00Low
3/6/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$129.00Low
2/7/2023JPMorgan Chase & Co.Boost TargetNeutral$90.00 ➝ $129.00Low
2/6/2023KeyCorpBoost TargetOverweight$104.00 ➝ $127.00Low
2/3/2023Credit Suisse GroupBoost TargetOutperform$106.00 ➝ $130.00Low
1/12/2023The Goldman Sachs GroupBoost TargetNeutral$87.00 ➝ $103.00Low
11/22/2022JPMorgan Chase & Co.Boost Target$78.00 ➝ $90.00Low
11/14/2022KeyCorpBoost TargetOverweight$87.00 ➝ $96.00Low
10/12/2022The Goldman Sachs GroupLower TargetNeutral$93.00 ➝ $82.00Low
10/10/2022WedbushLower TargetOutperform$130.00 ➝ $102.00Low
7/29/2022UBS GroupBoost TargetBuy$110.00 ➝ $120.00Low
7/12/2022JPMorgan Chase & Co.Lower TargetNeutral$94.00 ➝ $91.00Low
6/23/2022The Goldman Sachs GroupLower TargetNeutral$100.00 ➝ $83.00Low
6/17/2022Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$65.00Medium
6/16/2022UBS GroupLower TargetBuy$156.00 ➝ $110.00High
5/13/2022Wolfe ResearchDowngradeOutperform ➝ Market PerformHigh
4/13/2022JPMorgan Chase & Co.Lower TargetNeutral$111.00 ➝ $89.00Medium
4/12/2022The Goldman Sachs GroupLower TargetNeutral$114.00 ➝ $92.00Low
4/5/2022Credit Suisse GroupInitiated CoverageOutperform$103.00N/A
3/10/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$148.00 ➝ $111.00Medium
1/31/2022KeyCorpDowngradeOverweight ➝ Sector WeightHigh
1/19/2022UBS GroupInitiated CoverageBuyHigh
1/18/2022WedbushInitiated CoverageOutperform$157.00High
12/13/2021Zelman & AssociatesUpgradeHold ➝ BuyMedium
10/29/2021KeyCorpBoost TargetOverweight$130.00 ➝ $145.00High
10/14/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$158.00 ➝ $143.00Low
8/4/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$130.00Medium
7/30/2021KeyCorpBoost TargetOverweight$120.00 ➝ $130.00Low
6/30/2021The Goldman Sachs GroupLower TargetNeutral$117.00 ➝ $110.00Low
4/21/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$100.00N/A
4/19/2021KeyCorpBoost TargetOverweight$100.00 ➝ $110.00Medium
4/15/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$100.00High
3/16/2021Wolfe ResearchInitiated CoveragePeer PerformLow
2/22/2021KeyCorpInitiated CoverageOverweight$100.00High
2/2/2021JPMorgan Chase & Co.Lower TargetNeutral$123.00 ➝ $116.00Low
1/29/2021Credit Suisse GroupLower TargetOutperform$134.00 ➝ $106.00Medium
1/29/2021BTIG ResearchDowngradeBuy ➝ NeutralHigh
1/29/2021Bank of AmericaDowngradeBuy ➝ Neutral$121.00 ➝ $103.00High
1/21/2021Janney Montgomery ScottInitiated CoverageNeutralHigh
10/23/2020Credit Suisse GroupBoost TargetOutperform$132.00 ➝ $134.00High
10/16/2020BTIG ResearchBoost TargetBuy$117.00 ➝ $135.00High
10/13/2020Zelman & AssociatesDowngradeBuy ➝ HoldHigh
10/8/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$114.00 ➝ $137.00High
9/22/2020Bank of AmericaBoost TargetBuy$125.00 ➝ $138.00High
9/21/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$120.00Low
7/24/2020Credit Suisse GroupBoost TargetOutperform$96.00 ➝ $113.00Low
7/23/2020Evercore ISIUpgradeOutperformHigh
7/21/2020BTIG ResearchUpgradeNeutral ➝ Buy$109.00Medium
7/16/2020The Goldman Sachs GroupUpgradeSell ➝ Neutral$64.00 ➝ $80.00Medium
6/11/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$88.00High
5/27/2020Credit Suisse GroupInitiated CoverageOutperform$81.00High
4/30/2020Wells Fargo & CompanyBoost TargetEqual Weight$40.00 ➝ $55.00Low
4/29/2020CfraLower TargetStrong-Buy$87.00 ➝ $65.00High
3/18/2020JPMorgan Chase & Co.Lower TargetNeutral$76.00 ➝ $38.00High
1/28/2020Evercore ISIUpgradeIn-Line ➝ Outperform$67.00 ➝ $77.00High
12/6/2019The Goldman Sachs GroupInitiated CoverageSell$59.00High
11/21/2019Evercore ISIReiterated RatingHold$76.00High
10/24/2019Wells Fargo & CompanyBoost TargetMarket Perform$70.00 ➝ $82.00Low
9/18/2019Bank of AmericaBoost TargetBuy$79.00 ➝ $82.00Low
9/11/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$54.50 ➝ $67.50High
7/25/2019CitigroupUpgradeNeutral ➝ Buy$55.00 ➝ $63.00High
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.80 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 17 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 3 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 4 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/27/2023
  • 13 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 9 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 27 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/25/2024
  • 22 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 15 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 15 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Meritage Homes logo
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. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
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Today's Range

Now: $165.05
Low: $158.64
High: $166.91

50 Day Range

MA: $159.18
Low: $150.00
High: $175.50

52 Week Range

Now: $165.05
Low: $109.23
High: $179.68

Volume

951,249 shs

Average Volume

406,377 shs

Market Capitalization

$5.99 billion

P/E Ratio

8.29

Dividend Yield

1.90%

Beta

1.77

Frequently Asked Questions

What sell-side analysts currently cover shares of Meritage Homes?

The following sell-side analysts have issued stock ratings on Meritage Homes in the last year: Deutsche Bank Aktiengesellschaft, Keefe, Bruyette & Woods, Seaport Res Ptn, StockNews.com, The Goldman Sachs Group, Inc., UBS Group AG, Wedbush, and Zelman & Associates.
View the latest analyst ratings for MTH.

What is the current price target for Meritage Homes?

3 Wall Street analysts have set twelve-month price targets for Meritage Homes in the last year. Their average twelve-month price target is $172.67, suggesting a possible upside of 4.6%. UBS Group AG has the highest price target set, predicting MTH will reach $188.00 in the next twelve months. Wedbush has the lowest price target set, forecasting a price of $148.00 for Meritage Homes in the next year.
View the latest price targets for MTH.

What is the current consensus analyst rating for Meritage Homes?

Meritage Homes currently has 1 sell rating, 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MTH, but not buy more shares or sell existing shares.
View the latest ratings for MTH.

What other companies compete with Meritage Homes?

Other companies that are similar to Meritage Homes include KB Home, Tri Pointe Homes, M/I Homes, Toll Brothers and Taylor Morrison Home. Learn More about companies similar to Meritage Homes.

How do I contact Meritage Homes' investor relations team?

Meritage Homes' physical mailing address is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. The construction company's listed phone number is (480) 515-8100 and its investor relations email address is [email protected]. The official website for Meritage Homes is www.meritagehomes.com. Learn More about contacing Meritage Homes investor relations.