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 target price High/Low ranges between 174 and 126 calculating the average target price we see $145.00. Given that the stocks previous close was at $120.47 this is indicating there is a potential upside of 20.4%. There is a 50 day moving average of $119.84 and the 200 day moving average is $96.33. The company has a market capitalization of 4.23B. The current stock price for Targa Resources Corp. is currently 115.04 USD
The potential market cap would be $5,090,683,389 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.7, revenue per share of 171.69 and a 13.23% return on assets.
Meritage Homes Corporation is a designer and builder of single-family homes. The Company’s segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer service. In addition, Homebuilding operations consist of three regions: West, Central and East, which includes ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina. The Financial services segment, which offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The Company also operates Carefree Title Agency, Inc. (Carefree Title), its wholly owned company. Carefree Title provides title insurance and closing/settlement services for its homebuyers.
