Meritage Homes Corporation with ticker code (MTH) have now 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 145 and 65 calculating the average target price we see 110.22. Given that the stocks previous close was at 88.63 this indicates there is a potential upside of 24.4%. The 50 day MA is 80.06 and the 200 moving average now moves to 95.24. The company has a market cap of $3,241m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,030m based on the market concensus.
Meritage Homes Corporation, together with its subsidiaries, 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.
