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.
Current Consensus is
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.
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.