Meritage Homes Corporation found using ticker (MTH) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 174 and 116 and has a mean target at 137. Given that the stocks previous close was at 110.43 this would imply there is a potential upside of 24.1%. The 50 day moving average now sits at 105.13 while the 200 day moving average is 86.28. The company has a market capitalisation of $3,990m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,950m based on the market concensus.
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.
