Meritage Homes Corporation with ticker code (MTH) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 163 and 120 with the average target price sitting at 135.38. Given that the stocks previous close was at 109.71 this indicates there is a potential upside of 23.4%. The 50 day MA is 115.69 and the 200 moving average now moves to 105.44. The company has a market capitalisation of $4,331m. Company Website: https://www.meritagehomes.com
Meritage Homes Corporation designs and builds single-family 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. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
