Analyst Price Target is $106.25
▲ +53.54% 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 $106.25, with a high forecast of $118.00 and a low forecast of $90.00. The average price target represents a 53.54% upside from the last price of $69.20.
Current Consensus is
Hold
The current consensus among 9 polled investment analysts is to hold stock in Meritage Homes. This rating changed within the last month from a Moderate Buy consensus rating.
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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