Meritage Homes Corporation found using ticker (MTH) have now 8 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 78 with the average target price sitting at 114. Given that the stocks previous close was at 77.4 this indicates there is a potential upside of 47.3%. There is a 50 day moving average of 82.58 while the 200 day moving average is 92.3. The company has a market capitalisation of $2,809m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,138m 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.
