Meritage Homes Corporation with ticker code (MTH) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 164 and 90 with the average target price sitting at 125. Given that the stocks previous close was at 74.1 this is indicating there is a potential upside of 68.7%. The 50 day MA is 81.73 and the 200 day moving average is 98.71. The company has a market capitalisation of $2,458m. Find out more information at: https://www.meritagehomes.com
The potential market cap would be $4,147m 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.
