Meritage Homes Corporation which can be found using ticker (MTH) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 174 and 121 with the average target price sitting at $137.83. Now with the previous closing price of $125.78 this would imply there is now a potential upside of 9.6%. The day 50 moving average is $112.97 and the 200 moving average now moves to $91.73. The total market capitalization for the company now stands at $4,681m. Visit the company website at: https://www.meritagehomes.com
The potential market cap would be $5,129m 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 0.86% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 4.76, revenue per share of 171.48 and a 15.2% return on assets.
