Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
80.58
-0.18 (-0.22%)
Jan 17, 2025, 4:00 PM EST - Market closed
Meritage Homes Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Meritage Homes stock have an average target of 63.47, with a low estimate of 38.25 and a high estimate of 118. The average target predicts a decrease of -21.23% from the current stock price of 80.58.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Meritage Homes stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 2 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 3 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $118 → $100 | Strong Buy | Maintains | $118 → $100 | +24.10% | Jan 14, 2025 |
| UBS | UBS | Strong Buy Maintains $126 → $118 | Strong Buy | Maintains | $126 → $118 | +46.44% | Jan 8, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $55 → $49 | Buy → Hold | Downgrades | $55 → $49 | -38.88% | Dec 13, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 7, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $53 → $50 | Hold | Maintains | $53 → $50 | -38.57% | Nov 5, 2024 |
Financial Forecast
Revenue This Year
6.41B
from 6.14B
Increased by 4.39%
Revenue Next Year
6.94B
from 6.41B
Increased by 8.35%
EPS This Year
21.47
from 9.97
Increased by 115.47%
EPS Next Year
21.58
from 21.47
Increased by 0.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.7B | 7.5B | 8.3B |
| Avg | 6.4B | 6.9B | 7.5B |
| Low | 6.2B | 6.4B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.8% | 16.3% | 19.0% |
| Avg | 4.4% | 8.3% | 8.2% |
| Low | 0.8% | -0.1% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.01 | 24.41 | 25.99 |
| Avg | 21.47 | 21.58 | 23.83 |
| Low | 20.55 | 18.82 | 21.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 130.9% | 13.7% | 20.4% |
| Avg | 115.5% | 0.5% | 10.4% |
| Low | 106.2% | -12.4% | -0.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.