Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
72.65
-0.24 (-0.33%)
Mar 27, 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 72.5, with a low estimate of 40 and a high estimate of 118. The average target predicts a decrease of -0.21% from the current stock price of 72.65.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $72.5 $70 $118
Change -44.94% -0.21% -3.65% +62.42%

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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 000222
Buy 433332
Hold 234334
Sell 111111
Strong Sell 111110
Total 88910109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Seaport Global
Seaport Global
Hold
Upgrades
$70
Hold Upgrades $70 -3.65% Mar 6, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$97$90
Hold Maintains $97$90 +23.88% Feb 6, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$118$100
Strong Buy Maintains $118$100 +37.65% Jan 14, 2025
UBS
UBS
Strong Buy
Maintains
$126$118
Strong Buy Maintains $126$118 +62.42% Jan 8, 2025
JP Morgan
JP Morgan
Hold
Downgrades
$55$49
Hold Downgrades $55$49 -32.21% Dec 13, 2024
More Analyst Ratings

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
9.42
from 10.72
Decreased by -12.12%
EPS Next Year
10.85
from 9.42
Increased by 15.14%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
4.50B5.14B6.29B6.14B6.40B6.83B7.39B7.71B
Revenue Growth
22.75%14.22%22.39%-2.45%4.18%6.74%8.29%4.23%
EPS
5.509.6513.379.9610.729.4210.8512.09
EPS Growth
71.34%75.36%38.62%-25.51%7.63%-12.12%15.14%11.50%
Forward PE
-----7.716.706.01
No. Analysts -----13123
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
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 202520262027
High
12.8%
16.5%
8.7%
Avg
6.7%
8.3%
4.2%
Low
1.0%
3.2%
0.8%

EPS Forecast

EPS 202520262027
High 10.40 12.02 13.13
Avg 9.42 10.85 12.09
Low 8.48 9.72 11.22

EPS Growth

EPS Growth 202520262027
High
-3.0%
27.6%
21.0%
Avg
-12.1%
15.1%
11.5%
Low
-20.9%
3.2%
3.4%
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.