Meritage Homes Corporation which can be found using ticker (MTH) have now 6 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 174 and 121 and has a mean target at $137.83. Now with the previous closing price of $119.42 and the analysts are correct then there would likely be a percentage uptick in value of 15.4%. It’s also worth noting that there is a 50 day moving average of $111.78 and the 200 moving average now moves to $90.49. The company has a market capitalization of $4,391m. Find out more information at: https://www.meritagehomes.com
The potential market cap would be $5,067m based on the market consensus.
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.
The company has a dividend yield of 0.9% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 4.44, revenue per share of 171.48 and a 15.2% return on assets.
