Meritage Homes Corporation with ticker code (MTH) now have 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 164 and 87 and has a mean target at 122.2. Given that the stocks previous close was at 89.02 this now indicates there is a potential upside of 37.3%. The 50 day moving average now sits at 87.19 while the 200 day moving average is 102.36. The market cap for the company is $3,087m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,238m 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.
