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Meritage Homes - MTH Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $215.14
  • Forecasted Upside: 39.15%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$154.61 As of 12/20/2024 06:40 PM ET
▲ +2.7 (1.78%)

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 $215.14
▲ +39.15% 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 $215.14, with a high forecast of $235.00 and a low forecast of $195.00. The average price target represents a 39.15% upside from the last price of $154.61.

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 9 investment analysts is to hold stock in Meritage Homes. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
6/23/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/13/2024JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$220.00 ➝ $197.00
11/7/2024Raymond JamesDowngradeOutperform ➝ Market Perform
11/5/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$210.00 ➝ $198.00
10/31/2024The Goldman Sachs GroupUpgradeNeutral ➝ Buy$205.00 ➝ $235.00
10/15/2024WedbushUpgradeUnderperform ➝ Neutral$160.00 ➝ $195.00
8/14/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$230.00
7/31/2024Raymond JamesBoost TargetOutperform ➝ Outperform$220.00 ➝ $230.00
7/30/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$195.00 ➝ $210.00
7/26/2024WedbushBoost TargetUnderperform ➝ Underperform$148.00 ➝ $160.00
7/26/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$173.00 ➝ $197.00
7/25/2024WedbushUpgradeStrong Sell ➝ Strong-Buy
7/24/2024Raymond JamesInitiated CoverageOutperform$220.00
7/15/2024Evercore ISIBoost TargetOutperform ➝ Outperform$219.00 ➝ $221.00
5/21/2024WedbushReiterated RatingUnderperform ➝ Underperform$148.00
5/15/2024WedbushReiterated RatingUnderperform ➝ Underperform$148.00
5/8/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$180.00 ➝ $195.00
4/25/2024WedbushReiterated RatingUnderperform ➝ Underperform$148.00
4/2/2024WedbushDowngradeNeutral ➝ Underperform$155.00 ➝ $148.00
2/26/2024Zelman & AssociatesUpgradeNeutral ➝ Outperform
2/1/2024WedbushReiterated RatingNeutral ➝ Neutral$170.00
1/22/2024Seaport Res PtnDowngradeBuy ➝ Neutral
1/11/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$151.00 ➝ $182.00
12/18/2023WedbushDowngradeOutperform ➝ Neutral$170.00
11/3/2023Seaport Res PtnUpgradeNeutral ➝ Buy
7/31/2023UBS GroupBoost TargetBuy$155.00 ➝ $188.00
7/7/2023WedbushBoost Target$137.00 ➝ $141.00
6/14/2023Seaport Res PtnReiterated RatingNeutral
5/31/2023Deutsche Bank AktiengesellschaftInitiated CoverageBuy
5/3/2023Keefe, Bruyette & WoodsReiterated RatingMarket Perform
4/12/2023WedbushReiterated RatingOutperform$132.00
3/6/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$129.00
2/7/2023JPMorgan Chase & Co.Boost TargetNeutral$90.00 ➝ $129.00
2/6/2023KeyCorpBoost TargetOverweight$104.00 ➝ $127.00
2/3/2023Credit Suisse GroupBoost TargetOutperform$106.00 ➝ $130.00
1/12/2023The Goldman Sachs GroupBoost TargetNeutral$87.00 ➝ $103.00
11/22/2022JPMorgan Chase & Co.Boost Target$78.00 ➝ $90.00
11/14/2022KeyCorpBoost TargetOverweight$87.00 ➝ $96.00
10/12/2022The Goldman Sachs GroupLower TargetNeutral$93.00 ➝ $82.00
10/10/2022WedbushLower TargetOutperform$130.00 ➝ $102.00
7/29/2022UBS GroupBoost TargetBuy$110.00 ➝ $120.00
7/12/2022JPMorgan Chase & Co.Lower TargetNeutral$94.00 ➝ $91.00
6/23/2022The Goldman Sachs GroupLower TargetNeutral$100.00 ➝ $83.00
6/17/2022Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$65.00
6/16/2022UBS GroupLower TargetBuy$156.00 ➝ $110.00
5/13/2022Wolfe ResearchDowngradeOutperform ➝ Market Perform
4/13/2022JPMorgan Chase & Co.Lower TargetNeutral$111.00 ➝ $89.00
4/12/2022The Goldman Sachs GroupLower TargetNeutral$114.00 ➝ $92.00
4/5/2022Credit Suisse GroupInitiated CoverageOutperform$103.00
3/10/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$148.00 ➝ $111.00
1/31/2022KeyCorpDowngradeOverweight ➝ Sector Weight
1/19/2022UBS GroupInitiated CoverageBuy
1/18/2022WedbushInitiated CoverageOutperform$157.00
12/13/2021Zelman & AssociatesUpgradeHold ➝ Buy
10/29/2021KeyCorpBoost TargetOverweight$130.00 ➝ $145.00
10/14/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$158.00 ➝ $143.00
8/4/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$130.00
7/30/2021KeyCorpBoost TargetOverweight$120.00 ➝ $130.00
6/30/2021The Goldman Sachs GroupLower TargetNeutral$117.00 ➝ $110.00
4/21/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$100.00
4/19/2021KeyCorpBoost TargetOverweight$100.00 ➝ $110.00
4/15/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$100.00
3/16/2021Wolfe ResearchInitiated CoveragePeer Perform
2/22/2021KeyCorpInitiated CoverageOverweight$100.00
2/2/2021JPMorgan Chase & Co.Lower TargetNeutral$123.00 ➝ $116.00
1/29/2021Credit Suisse GroupLower TargetOutperform$134.00 ➝ $106.00
1/29/2021BTIG ResearchDowngradeBuy ➝ Neutral
1/29/2021Bank of AmericaDowngradeBuy ➝ Neutral$121.00 ➝ $103.00
1/21/2021Janney Montgomery ScottInitiated CoverageNeutral
10/23/2020Credit Suisse GroupBoost TargetOutperform$132.00 ➝ $134.00
10/16/2020BTIG ResearchBoost TargetBuy$117.00 ➝ $135.00
10/13/2020Zelman & AssociatesDowngradeBuy ➝ Hold
10/8/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$114.00 ➝ $137.00
9/22/2020Bank of AmericaBoost TargetBuy$125.00 ➝ $138.00
9/21/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$120.00
7/24/2020Credit Suisse GroupBoost TargetOutperform$96.00 ➝ $113.00
7/23/2020Evercore ISIUpgradeOutperform
7/21/2020BTIG ResearchUpgradeNeutral ➝ Buy$109.00
7/16/2020The Goldman Sachs GroupUpgradeSell ➝ Neutral$64.00 ➝ $80.00
6/11/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$88.00
5/27/2020Credit Suisse GroupInitiated CoverageOutperform$81.00
4/30/2020Wells Fargo & CompanyBoost TargetEqual Weight$40.00 ➝ $55.00
4/29/2020CfraLower TargetStrong-Buy$87.00 ➝ $65.00
3/18/2020JPMorgan Chase & Co.Lower TargetNeutral$76.00 ➝ $38.00
1/28/2020Evercore ISIUpgradeIn-Line ➝ Outperform$67.00 ➝ $77.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.60 (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
  • 26 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 17 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 11 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 20 very positive mentions
  • 28 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 19 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 18 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 21 very positive mentions
  • 24 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/20/2024
  • 11 very positive mentions
  • 14 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 11 very positive mentions
  • 14 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

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.
Read More

Today's Range

Now: $154.61
Low: $151.02
High: $155.57

50 Day Range

MA: $183.96
Low: $151.91
High: $204.00

52 Week Range

Now: $154.61
Low: $147.77
High: $213.98

Volume

2,045,972 shs

Average Volume

419,615 shs

Market Capitalization

$5.59 billion

P/E Ratio

7.00

Dividend Yield

1.83%

Beta

1.82

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: Evercore ISI, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Raymond James, Seaport Res Ptn, StockNews.com, The Goldman Sachs Group, Inc., Wedbush, Wolfe Research, and Zelman & Associates.
View the latest analyst ratings for MTH.

What is the current price target for Meritage Homes?

0 Wall Street analysts have set twelve-month price targets for Meritage Homes in the last year. Their average twelve-month price target is $215.14, suggesting a possible upside of 39.2%. The Goldman Sachs Group, Inc. has the highest price target set, predicting MTH will reach $235.00 in the next twelve months. Wedbush has the lowest price target set, forecasting a price of $195.00 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 5 hold ratings and 4 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 PulteGroup, Toll Brothers, KB Home, M/I Homes and Cavco Industries. 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.