Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
74.62
+2.36 (3.27%)
At close: Aug 7, 2026, 4:00 PM EDT
74.59
-0.03 (-0.04%)
After-hours: Aug 7, 2026, 4:00 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 $82.38. The average 1-year stock price forecast is 10.40% higher than the current stock price, while the lowest is $72 (-3.51%) and the highest is $93 (+24.63%).

Price Target: $82.38 (+10.40%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$72$82.38$84$93
Change-3.51%+10.40%+12.57%+24.63%

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

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

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
KBW
KBW
Hold
Maintains
$75
HoldMaintains$75+0.51%Aug 4, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$93
BuyMaintains$93+24.63%Jul 31, 2026
UBS
UBS
Buy
Reiterates
$86$88
BuyReiterates$86$88+17.93%Jul 31, 2026
Evercore ISI
Evercore ISI
Hold
Maintains
$69
HoldMaintains$69-7.53%Jul 30, 2026
Truist Financial
Truist Financial
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.42B
from 5.86B
Decreased by -7.53%
Revenue Next Year
5.87B
from 5.42B
Increased by 8.37%
EPS This Year
4.99
from 6.35
Decreased by -21.45%
EPS Next Year
6.19
from 4.99
Increased by 24.17%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
5.14B6.29B6.14B6.40B5.86B5.42B
Revenue Growth
14.22%22.39%-2.45%4.18%-8.40%-7.53%
Gross Profit
1.44B1.80B1.52B1.60B1.18B994.00M
Gross Margin
27.96%28.65%24.76%24.99%20.10%18.35%
Operating Income
970.58M1.29B903.35M958.35M561.28M442.19M
Net Income
737.44M992.19M738.75M786.19M453.01M328.49M
EPS
----6.354.99
EPS Growth
-----70.40%-21.45%
Forward PE
5.305.669.457.639.9114.96
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
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.5B
Avg5.4B
Low5.4B

Revenue Growth

Revenue Growth202620272028
High
-6.9%
Avg
-7.5%
Low
-8.3%

EPS Forecast

EPS202620272028
High5.14
Avg4.99
Low4.70

EPS Growth

EPS Growth202620272028
High
-19.1%
Avg
-21.4%
Low
-26.0%