Meritage Homes Corporation with ticker code (MTH) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 165 and 108 and has a mean target at 135.67. Now with the previous closing price of 82.08 this is indicating there is a potential upside of 65.3%. There is a 50 day moving average of 94.28 and the 200 day MA is 103.67. The market cap for the company is $2,907m. Company Website: https://www.meritagehomes.com
The potential market cap would be $4,806m 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.
