Meritage Homes Corporation found using ticker (MTH) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 164 and 90 with the average target price sitting at 125. Given that the stocks previous close was at 80 this would indicate that there is a potential upside of 56.3%. The 50 day MA is 83.99 and the 200 moving average now moves to 101.3. The company has a market cap of $2,980m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,657m 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.
