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Meritage Homes - MTH Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $136.33
  • Forecasted Upside: -11.22%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$153.56 As of 12/7/2023 01:00 AM ET
▲ +3.05 (2.03%)

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 $136.33
▼ -11.22% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Meritage Homes in the last 3 months. The average price target is $136.33, with a high forecast of $188.00 and a low forecast of $103.00. The average price target represents a -11.22% upside from the last price of $153.56.

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 Moderate Buy

The current consensus among 9 contributing investment analysts is to moderate buy stock in Meritage Homes. This Moderate Buy 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
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/15/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/13/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/12/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/12/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/10/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/8/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/7/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/7/2023

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
4/12/2019Zelman & AssociatesUpgradeHold ➝ BuyMedium
3/7/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$36.00High
3/5/2019WedbushLower TargetNeutral ➝ Neutral$41.00 ➝ $39.00High
2/1/2019JMP SecuritiesDowngradeOutperform ➝ Market Perform$45.08Low
2/1/2019CitigroupDowngradeBuy ➝ Neutral$45.00 ➝ $50.00Low
1/31/2019Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
1/10/2019WedbushDowngradeOutperform ➝ Neutral$41.00Low
1/4/2019CitigroupLower TargetBuy ➝ Buy$47.00 ➝ $45.00Low
(Data available from 12/7/2018 forward)

News Sentiment Rating

1.19 (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
  • 14 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
5/11/2023
  • 17 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/10/2023
  • 15 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
7/10/2023
  • 18 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
Mentions as of
8/9/2023
  • 16 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/8/2023
  • 14 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/8/2023
  • 3 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
11/7/2023
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/7/2023

Current Sentiment

  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

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 first-time and first move-up buyers in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company also offers title and escrow, mortgage, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Read More

Today's Range

Now: $153.56
Low: $150.22
High: $153.61

50 Day Range

MA: $128.05
Low: $109.77
High: $153.56

52 Week Range

Now: $153.56
Low: $86.79
High: $153.61

Volume

275,930 shs

Average Volume

378,283 shs

Market Capitalization

$5.60 billion

P/E Ratio

7.10

Dividend Yield

0.73%

Beta

1.73

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: Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Keefe, Bruyette & Woods, KeyCorp, Seaport Res Ptn, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, and Wedbush.
View the latest analyst ratings for MTH.

What is the current price target for Meritage Homes?

6 Wall Street analysts have set twelve-month price targets for Meritage Homes in the last year. Their average twelve-month price target is $136.33, suggesting a possible downside of 11.2%. UBS Group AG has the highest price target set, predicting MTH will reach $188.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $103.00 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 2 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MTH.

What other companies compete with Meritage Homes?

Other companies that are similar to Meritage Homes include KB Home, M.D.C., M/I Homes, Tri Pointe Homes and PulteGroup. 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 investor[email protected]. The official website for Meritage Homes is www.meritagehomes.com. Learn More about contacing Meritage Homes investor relations.