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Meritage Homes Corp has a consensus price target of $189.5 based on the ratings of 16 analysts. The high is $500 issued by Deutsche Bank on June 1, 2023. The low is $65 issued by Wells Fargo on June 17, 2022. The 3 most-recent analyst ratings were released by Wolfe Research, Seaport Global, and Raymond James on August 14, 2024, August 5, 2024, and July 31, 2024, respectively. With an average price target of $204.33 between Wolfe Research, Seaport Global, and Raymond James, there's an implied 0.49% upside for Meritage Homes Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Meritage Homes (NYSE:MTH) was reported by Wolfe Research on August 14, 2024. The analyst firm set a price target for $230.00 expecting MTH to rise to within 12 months (a possible 13.12% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Meritage Homes (NYSE:MTH) was provided by Wolfe Research, and Meritage Homes upgraded their outperform rating.
The last upgrade for Meritage Homes Corp happened on August 14, 2024 when Wolfe Research raised their price target to $230. Wolfe Research previously had a peer perform for Meritage Homes Corp.
The last downgrade for Meritage Homes Corp happened on August 5, 2024 when Seaport Global changed their price target from N/A to $153 for Meritage Homes Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Meritage Homes, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Meritage Homes was filed on August 14, 2024 so you should expect the next rating to be made available sometime around August 14, 2025.
While ratings are subjective and will change, the latest Meritage Homes (MTH) rating was a upgraded with a price target of $0.00 to $230.00. The current price Meritage Homes (MTH) is trading at is $203.33, which is within the analyst’s predicted range.
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