Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
67.95
-0.97 (-1.41%)
Apr 25, 2025, 4:00 PM EDT - 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 72.5, with a low estimate of 40 and a high estimate of 118. The average target predicts an increase of 6.70% from the current stock price of 67.95.
Analyst Consensus: Buy
* Price targets were last updated on Mar 6, 2025.
Analyst Ratings
The average analyst rating for Meritage Homes stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 3 | 4 | 3 | 3 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 8 | 9 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Sell → Hold Upgrades $70 | Strong Sell → Hold | Upgrades | $70 | +3.02% | Mar 6, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $97 → $90 | Hold | Maintains | $97 → $90 | +32.45% | Feb 6, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $118 → $100 | Strong Buy | Maintains | $118 → $100 | +47.17% | Jan 14, 2025 |
| UBS | UBS | Strong Buy Maintains $126 → $118 | Strong Buy | Maintains | $126 → $118 | +73.66% | Jan 8, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $55 → $49 | Buy → Hold | Downgrades | $55 → $49 | -27.52% | Dec 13, 2024 |
Financial Forecast
Revenue This Year
6.83B
from 6.40B
Increased by 6.74%
Revenue Next Year
7.39B
from 6.83B
Increased by 8.29%
EPS This Year
9.02
from 10.72
Decreased by -15.89%
EPS Next Year
10.52
from 9.02
Increased by 16.63%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.2B | 8.0B | 8.0B |
| Avg | 6.8B | 7.4B | 7.7B |
| Low | 6.5B | 7.0B | 7.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 12.8% | 16.5% | 8.7% |
| Avg | 6.7% | 8.3% | 4.2% |
| Low | 1.0% | 3.2% | 0.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 10.15 | 11.69 | 12.02 |
| Avg | 9.02 | 10.52 | 11.56 |
| Low | 7.40 | 9.02 | 11.22 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -5.3% | 29.6% | 14.3% |
| Avg | -15.9% | 16.6% | 10.0% |
| Low | -31.0% | -0.0% | 6.7% |
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.