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 92 with the average target price sitting at 133.22. Given that the stocks previous close was at 83.42 this indicates there is a potential upside of 59.7%. There is a 50 day moving average of 88.89 and the 200 day MA is 102.7. The market capitalisation for the company is $3,007m. Find out more information at: https://www.meritagehomes.com
The potential market cap would be $4,802m 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.
