Meritage Homes Corporation with ticker code (MTH) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 165 and 108 calculating the mean target price we have 135.67. With the stocks previous close at 93.59 this would imply there is a potential upside of 45.0%. There is a 50 day moving average of 108.36 and the 200 moving average now moves to 105.81. The company has a market cap of $3,418m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,955m 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.
