Meritage Homes Corporation which can be found using ticker (MTH) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 174 and 116 suggesting an average Analsyt target price of $137.00. Given that the stocks previous close was at $115.56 and the analysts are correct then there would likely be a percentage uptick in value of 18.6%. Also worth taking note is the 50 day moving average now sits at $109.26 and the 200 moving average now moves to $88.37. The total market capitalization for the company now stands at $4,210m. Visit the company website at: https://www.meritagehomes.com
The potential market cap would be $4,991m 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 0.94% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 4.28, revenue per share of 171.48 and a 15.2% return on assets.
