Analyst Price Target is $94.00
▲ +9.85% Upside 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 $94.00, with a high forecast of $120.00 and a low forecast of $65.00. The average price target represents a 9.85% upside from the last price of $85.57.
Current Consensus is
The current consensus among 9 polled investment analysts is to hold stock in Meritage Homes. This rating has held steady since June 2022, when it changed from a Buy consensus rating.
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family 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. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.