Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
77.44
+2.27 (3.02%)
At close: Jul 16, 2026, 4:00 PM EDT
77.46
+0.02 (0.03%)
After-hours: Jul 16, 2026, 7:00 PM EDT

Meritage Homes Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Meritage Homes stock has a consensus rating of "Buy" and an average price target of $81.63. The average 1-year stock price forecast is 5.41% higher than the current stock price, while the lowest is $69 (-10.90%) and the highest is $93 (+20.09%).

Price Target: $81.63 (+5.41%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$69$81.63$83$93
Change-10.90%+5.41%+7.18%+20.09%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy344444
Buy111111
Hold555544
Sell000000
Strong Sell000000
Total910101099

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
$82$93
BuyMaintains$82$93+20.09%Jul 10, 2026
Truist Financial
Truist Financial
Buy
Reiterates
n/a
BuyReiteratesn/an/aMay 8, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$62$58
HoldReiterates$62$58-25.10%Apr 28, 2026
KBW
KBW
Hold
Maintains
$76$75
HoldMaintains$76$75-3.15%Apr 28, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$72
HoldReiterates$72-7.02%Apr 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.54B
from 5.86B
Decreased by -5.44%
Revenue Next Year
5.97B
from 5.54B
Increased by 7.80%
EPS This Year
5.00
from 6.35
Decreased by -21.24%
EPS Next Year
6.48
from 5.00
Increased by 29.64%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
5.14B6.29B6.14B6.40B5.86B5.54B
Revenue Growth
14.22%22.39%-2.45%4.18%-8.40%-5.44%
Gross Profit
1.44B1.80B1.52B1.60B1.18B1.00B
Gross Margin
27.96%28.65%24.76%24.99%20.10%18.10%
Operating Income
970.58M1.29B903.35M958.35M561.28M440.79M
Net Income
737.44M992.19M738.75M786.19M453.01M328.60M
EPS
----6.355.00
EPS Growth
-----70.40%-21.24%
Forward PE
5.305.669.457.639.9115.48
Dividend / Share
--0.541.501.721.92
Dividend Growth
---177.78%14.67%11.67%
Free Cash Flow
-348.58M189.22M135.66M-471.91M-16.33M228.00M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.6B
Avg5.5B
Low5.5B

Revenue Growth

Revenue Growth202620272028
High
-4.9%
Avg
-5.4%
Low
-6.0%

EPS Forecast

EPS202620272028
High5.18
Avg5.00
Low4.70

EPS Growth

EPS Growth202620272028
High
-18.4%
Avg
-21.2%
Low
-26.0%