NYSE:MTH - Meritage Homes Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $110.75
  • Forecasted Upside: 10.46 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
$100.26
▲ +3.92 (4.07%)
1 month | 3 months | 12 months
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Analyst Price Target for MTH

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$110.75
▲ +10.46% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Meritage Homes in the last 3 months. The average price target is $110.75, with a high forecast of $138.00 and a low forecast of $65.00. The average price target represents a 10.46% upside from the last price of $100.26.
Buy
The current consensus among 9 contributing investment analysts is to buy stock in Meritage Homes.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/2/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/31/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/29/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/26/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/25/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/23/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/23/2020

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/23/2020Credit Suisse GroupBoost Price TargetOutperform$132.00 ➝ $134.00High
i
10/16/2020BTIG ResearchBoost Price TargetBuy$117.00 ➝ $135.00High
i
Rating by C. Reichardt at BTIG Research
10/13/2020Zelman & AssociatesDowngradeBuy ➝ HoldHigh
i
10/8/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$114.00 ➝ $137.00High
i
9/22/2020Bank of AmericaBoost Price TargetBuy$125.00 ➝ $138.00High
i
9/21/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$120.00Low
i
7/24/2020Credit Suisse GroupBoost Price TargetOutperform$96.00 ➝ $113.00Low
i
7/23/2020Evercore ISIUpgradeOutperformHigh
i
Rating by Trey Morrish at Evercore ISI
7/21/2020BTIG ResearchUpgradeNeutral ➝ Buy$109.00Medium
i
Rating by C. Reichardt at BTIG Research
7/16/2020Goldman Sachs GroupUpgradeSell ➝ Neutral$64.00 ➝ $80.00Medium
i
6/11/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$88.00High
i
5/27/2020Credit Suisse GroupInitiated CoverageOutperform$81.00High
i
4/30/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$40.00 ➝ $55.00Low
i
4/29/2020CfraLower Price TargetStrong-Buy$87.00 ➝ $65.00High
i
3/18/2020JPMorgan Chase & Co.Lower Price TargetNeutral$76.00 ➝ $38.00High
i
1/28/2020Evercore ISIUpgradeIn-Line ➝ Outperform$67.00 ➝ $77.00High
i
Rating by Stephen Kim at Evercore ISI
12/6/2019Goldman Sachs GroupInitiated CoverageSell$59.00High
i
11/21/2019Evercore ISIReiterated RatingHold$76.00High
i
10/24/2019Wells Fargo & CompanyBoost Price TargetMarket Perform$70.00 ➝ $82.00Low
i
9/18/2019Bank of AmericaBoost Price TargetBuy$79.00 ➝ $82.00Low
i
9/11/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$54.50 ➝ $67.50High
i
7/25/2019CitigroupUpgradeNeutral ➝ Buy$55.00 ➝ $63.00High
i
4/12/2019Zelman & AssociatesUpgradeHold ➝ BuyMedium
i
3/7/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$36.00High
i
3/5/2019WedbushLower Price TargetNeutral ➝ Neutral$41.00 ➝ $39.00High
i
Rating by J. Mccanless at Wedbush
2/1/2019JMP SecuritiesDowngradeOutperform ➝ Market Perform$45.08Low
i
Rating by Peter Martin at JMP Securities
2/1/2019CitigroupDowngradeBuy ➝ Neutral$45.00 ➝ $50.00Low
i
1/31/2019Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
i
1/10/2019WedbushDowngradeOutperform ➝ Neutral$41.00Low
i
Rating by Jay McCanless at Wedbush
1/4/2019CitigroupLower Price TargetBuy ➝ Buy$47.00 ➝ $45.00Low
i
10/26/2018WedbushBoost Price TargetOutperform$41.00 ➝ $54.00High
i
Rating by Jay McCanless at Wedbush
10/26/2018JMP SecuritiesSet Price TargetBuy$47.00Medium
i
Rating by Peter Martin at JMP Securities
10/25/2018Evercore ISIUpgradeIn-Line ➝ Outperform$47.00 ➝ $43.00High
i
10/22/2018Deutsche Bank AktiengesellschaftUpgradeHold ➝ BuyMedium
i
10/17/2018Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$50.00 ➝ $36.00High
i
10/11/2018JMP SecuritiesReiterated RatingBuy$58.00 ➝ $48.00Medium
i
Rating by Peter Martin at JMP Securities
10/11/2018Bank of AmericaSet Price TargetBuy$51.00High
i
Rating by John Lovallo at Bank of America Co.
9/21/2018JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$55.00 ➝ $46.00Low
i
7/27/2018Wells Fargo & CompanyLower Price TargetMarket Perform ➝ Market Perform$57.00 ➝ $49.00Low
i
7/27/2018WedbushLower Price TargetOutperform ➝ Buy$55.00 ➝ $54.00Low
i
Rating by J. Mccanless at Wedbush
7/26/2018Credit Suisse GroupLower Price TargetOutperform ➝ Outperform$53.00 ➝ $50.00High
i
6/27/2018CitigroupReiterated RatingBuy$55.00Low
i
6/19/2018CitigroupInitiated CoverageBuy ➝ Buy$64.00 ➝ $55.00Low
i
5/14/2018Bank of AmericaUpgradeNeutral ➝ BuyLow
i
Rating by John Lovallo at Bank of America Co.
4/29/2018BTIG ResearchReiterated RatingHoldMedium
i
4/27/2018JMP SecuritiesBoost Price TargetMarket Outperform ➝ Market Outperform$57.00 ➝ $58.00Low
i
4/26/2018Credit Suisse GroupLower Price TargetOutperform ➝ Outperform$60.00 ➝ $53.00High
i
3/21/2018Keefe, Bruyette & WoodsReiterated RatingHold$50.00Medium
i
3/20/2018WedbushInitiated CoverageOutperform ➝ Outperform$55.00Low
i
Rating by J. Mccanless at Wedbush
3/7/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$44.75 ➝ $58.00Low
i
2/14/2018Bank of AmericaUpgradeUnderperform ➝ Neutral$55.00Medium
i
2/2/2018Bank of AmericaBoost Price TargetUnderperform ➝ Underperform$51.00 ➝ $55.00Medium
i
2/2/2018JMP SecuritiesBoost Price TargetMarket Outperform ➝ Market Outperform$55.00 ➝ $57.00Medium
i
2/2/2018BarclaysUpgradeUnderweight ➝ Equal WeightMedium
i
1/22/2018Credit Suisse GroupUpgradeNeutral ➝ Outperform$52.00 ➝ $60.00Low
i
1/17/2018UBS GroupReiterated RatingNeutral ➝ Neutral$52.00 ➝ $57.00Low
i
1/8/2018CitigroupUpgradeNeutral ➝ Buy$51.00Low
i
10/30/2017CitigroupBoost Price TargetNeutral$46.00 ➝ $51.00N/A
i
10/25/2017UBS GroupInitiated CoverageNeutral$52.00N/A
i
8/2/2017BarclaysReiterated RatingUnderweight$36.00 ➝ $38.00Low
i
8/2/2017Deutsche Bank AktiengesellschaftBoost Price TargetHold$40.00 ➝ $42.00Low
i
7/13/2017BarclaysReiterated RatingUnderweightLow
i
6/28/2017Bank of AmericaReiterated RatingUnderperform$36.00 ➝ $38.00Medium
i
6/22/2017Credit Suisse GroupInitiated CoverageNeutral$40.00Low
i
4/27/2017Keefe, Bruyette & WoodsReiterated RatingHold$37.00High
i
4/3/2017JMP SecuritiesUpgradeMarket Perform ➝ Outperform$50.00Medium
i
3/7/2017BarclaysReiterated RatingUnderweight$36.00N/A
i
2/7/2017BTIG ResearchInitiated CoverageNeutralN/A
i
1/30/2017Evercore ISIDowngradeBuy ➝ Hold$37.00N/A
i
1/5/2017BarclaysInitiated CoverageUnderweight$36.00N/A
i
11/14/2016Evercore ISIInitiated CoverageBuyN/A
i
9/28/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/A
i
8/17/2016UBS GroupReiterated RatingSellN/A
i
8/2/2016Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$41.00 ➝ $38.00N/A
i
Rating by Nishu Sood at Deutsche Bank Aktiengesellschaft
8/2/2016JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$37.50N/A
i
7/29/2016Credit Suisse GroupReiterated RatingSell$36.00N/A
i
Rating by Michael Dahl at Credit Suisse Group AG
7/29/2016FBR & CoBoost Price TargetMarket Perform$36.00 ➝ $41.00N/A
i
Rating by Patrick Kealey at FBR & Co
7/26/2016UBS GroupReiterated RatingSellN/A
i
7/11/2016Zelman & AssociatesDowngradeBuy ➝ HoldN/A
i
7/11/2016Credit Suisse GroupDowngradeNeutral ➝ Underperform$36.00N/A
i
Rating by Michael Dahl at Credit Suisse Group AG
6/28/2016Credit Suisse GroupReiterated RatingHoldN/A
i
Rating by Michael Dahl at Credit Suisse Group AG
6/24/2016JMP SecuritiesReiterated RatingMarket PerformN/A
i
4/29/2016FBR & CoReiterated RatingHold$36.00N/A
i
Rating by Patrick Kealey at FBR & Co
4/18/2016FBN SecuritiesDowngradeOutperform ➝ Sector PerformN/A
i
4/13/2016Sterne Agee CRTDowngradeBuy ➝ Neutral$40.00N/A
i
Rating by J. Mccanless at Sterne Agee CRT
4/7/2016BarclaysUpgradeEqual Weight ➝ Overweight$36.00 ➝ $42.00N/A
i
Rating by Stephen Kim at Barclays PLC
2/4/2016Deutsche Bank AktiengesellschaftLower Price TargetBuy$51.00 ➝ $44.00N/A
i
1/31/2016FBR & CoReiterated RatingHoldN/A
i
Rating by Patrick Kealey at FBR & Co
1/29/2016Credit Suisse GroupReiterated RatingHold$35.00N/A
i
Rating by Michael Dahl at Credit Suisse Group AG
1/29/2016Keefe, Bruyette & WoodsLower Price Target$40.00 ➝ $36.00N/A
i
1/29/2016FBR & CoLower Price TargetMarket Perform$40.00 ➝ $36.00N/A
i
1/29/2016BarclaysBoost Price Target$34.00 ➝ $36.00N/A
i
Rating by Stephen Kim at Barclays PLC
1/20/2016BarclaysLower Price TargetEqual Weight$43.00 ➝ $34.00N/A
i
Rating by Stephen Kim at Barclays PLC
1/15/2016UBS GroupLower Price Target$37.00 ➝ $28.00N/A
i
1/13/2016JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$40.00N/A
i
Rating by Michael Rehaut at JPMorgan Chase & Co.
1/5/2016FBN SecuritiesUpgradeSector Perform ➝ Outperform$38.00N/A
i
12/15/2015Credit Suisse GroupUpgradeUnderperform ➝ Neutral$35.00N/A
i
11/26/2015Credit Suisse GroupBoost Price Target$24.75 ➝ $27.50N/A
i
11/2/2015JPMorgan Chase & Co.Reiterated RatingHold$46.00 ➝ $42.00N/A
i
Rating by Michael Rehaut at JPMorgan Chase & Co.
11/2/2015FBR & CoLower Price TargetMarket Perform$46.00 ➝ $40.00N/A
i
10/30/2015Credit Suisse GroupLower Price Target$38.00 ➝ $35.00N/A
i
10/30/2015Evercore ISIDowngradeBuy ➝ HoldN/A
i
(Data available from 10/23/2015 forward)
Meritage Homes logo
Meritage Homes Corporation 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 luxury homes under the Monterey Homes brand name; and 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.
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Today's Range

Now: $100.26
$95.20
$100.50

50 Day Range

MA: $105.22
$93.30
$115.01

52 Week Range

Now: $100.26
$25.24
$117.06

Volume

588,848 shs

Average Volume

520,645 shs

Market Capitalization

$3.77 billion

P/E Ratio

11.59

Dividend Yield

N/A

Beta

1.66