Meritage Homes Corporation – Consensus Indicates Potential 34.4% Upside

Broker Ratings
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Meritage Homes Corporation with ticker code (MTH) now have 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 165 and 108 with a mean TP of 135.67. Now with the previous closing price of 100.94 this indicates there is a potential upside of 34.4%. The day 50 moving average is 112.89 and the 200 day MA is 106.1. The company has a market capitalisation of $3,723m. Visit the company website at: https://www.meritagehomes.com

The potential market cap would be $5,004m based on the market concensus.

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.

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