Meritage Homes Corporation with ticker code (MTH) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 145 and 78 with the average target price sitting at 114. Now with the previous closing price of 87.18 this now indicates there is a potential upside of 30.8%. The 50 day moving average now sits at 80.85 while the 200 day moving average is 94.38. The company has a market capitalisation of $3,199m. You can visit the company’s website by visiting: https://www.meritagehomes.com
The potential market cap would be $4,183m 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.
