Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
69.03
+1.33 (1.96%)
At close: May 16, 2025, 4:00 PM
67.76
-1.27 (-1.84%)
After-hours: May 16, 2025, 7:00 PM EDT
Meritage Homes Stock Forecast
Stock Price Forecast
According to 9 professional analysts, the 12-month price target for Meritage Homes stock ranges from a low of $40 to a high of $118. The average analyst price target of $74.42 forecasts a 7.81% increase in the stock price over the next year.
Price Target: $74.42 (+7.81%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Meritage Homes stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 2 | 2 | 2 | 2 | 3 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 4 | 3 | 3 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Initiates $82 | Strong Buy | Initiates | $82 | +18.79% | May 5, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $89 → $70 | Hold | Maintains | $89 → $70 | +1.41% | May 1, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $90 → $77 | Hold | Maintains | $90 → $77 | +11.55% | Apr 28, 2025 |
| Seaport Global | Seaport Global | Strong Sell → Hold Upgrades $70 | Strong Sell → Hold | Upgrades | $70 | +1.41% | Mar 6, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $97 → $90 | Hold | Maintains | $97 → $90 | +30.38% | Feb 6, 2025 |
Financial Forecast
Revenue This Year
6.65B
from 6.40B
Increased by 3.99%
Revenue Next Year
7.16B
from 6.65B
Increased by 7.59%
EPS This Year
8.38
from 10.72
Decreased by -21.85%
EPS Next Year
9.22
from 8.38
Increased by 10.04%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.1B | 7.7B | 8.1B |
| Avg | 6.7B | 7.2B | 7.6B |
| Low | 6.1B | 6.7B | 7.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 11.6% | 15.3% | 13.0% |
| Avg | 4.0% | 7.6% | 6.5% |
| Low | -4.1% | 0.3% | 1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.99 | 10.45 | 12.34 |
| Avg | 8.38 | 9.22 | 11.36 |
| Low | 7.64 | 8.18 | 10.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -16.2% | 24.7% | 33.8% |
| Avg | -21.9% | 10.0% | 23.3% |
| Low | -28.7% | -2.3% | 14.3% |
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.