Meritage Homes Corporation with ticker code (MTH) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 168 and 90 with a mean TP of 115.25. Given that the stocks previous close was at 109.53 this is indicating there is a potential upside of 5.2%. There is a 50 day moving average of 94.56 while the 200 day moving average is 82.95. The market capitalisation for the company is $4,264m. Visit the company website at: https://www.meritagehomes.com
The potential market cap would be $4,487m 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.
