$165.07
10.38[6.71%]
At close: Apr 25
$165.07
0[0.00%]
After Hours: 4:20PM EDT
Meritage Homes
(NYSE:MTH)Meritage Homes Stock (NYSE:MTH), Analyst Ratings, Price Targets, Predictions
Meritage Homes Corp has a consensus price target of $122.86, established from looking at the 45 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, Wedbush, and Zelman & Assoc on April 25, 2024, April 2, 2024, and February 26, 2024. With an average price target of $98.67 between Wedbush, Wedbush, and Zelman & Assoc, there's an implied -40.23% downside for Meritage Homes Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
Zelman & Assoc
Seaport Global
Goldman Sachs
UBS
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Meritage Homes
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/25/2024 | MTH | Buy Now | Meritage Homes | $165.07 | -10.34% | Wedbush | Jay McCanless | → $148 | Reiterates | Underperform → Underperform | Get Alert |
| 04/02/2024 | MTH | Buy Now | Meritage Homes | $165.07 | -10.34% | Wedbush | Jay McCanless | $155 → $148 | Downgrade | Neutral → Underperform | Get Alert |
| 02/26/2024 | MTH | Buy Now | Meritage Homes | $165.07 | — | Zelman & Assoc | Ivy Zelman | — | Upgrade | Neutral → Outperform | Get Alert |
| 02/01/2024 | MTH | Buy Now | Meritage Homes | $165.07 | 2.99% | Wedbush | Jay McCanless | → $170 | Reiterates | Neutral → Neutral | Get Alert |
| 01/22/2024 | MTH | Buy Now | Meritage Homes | $165.07 | — | Seaport Global | Kenneth Zener | — | Downgrade | Buy → Neutral | Get Alert |
| 01/11/2024 | MTH | Buy Now | Meritage Homes | $165.07 | 10.26% | Goldman Sachs | Susan Maklari | $151 → $182 | Maintains | Neutral | Get Alert |
| 12/18/2023 | MTH | Buy Now | Meritage Homes | $165.07 | 2.99% | Wedbush | Jay McCanless | → $170 | Downgrade | Outperform → Neutral | Get Alert |
| 11/02/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -7.31% | Seaport Global | Kenneth Zener | → $153 | Upgrade | Neutral → Buy | Get Alert |
| 07/31/2023 | MTH | Buy Now | Meritage Homes | $165.07 | 13.89% | UBS | John Lovallo | $155 → $188 | Maintains | Buy | Get Alert |
| 07/13/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -12.76% | Goldman Sachs | Susan Maklari | $126 → $144 | Maintains | Neutral | Get Alert |
| 07/07/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -14.58% | Wedbush | Jay McCanless | $137 → $141 | Maintains | Outperform | Get Alert |
| 06/01/2023 | MTH | Buy Now | Meritage Homes | $165.07 | 202.9% | Deutsche Bank | Joe Ahlersmeyer | → $500 | Initiates | → Buy | Get Alert |
| 05/02/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -16.4% | Keefe, Bruyette & Woods | Jade Rahmani | $125 → $138 | Maintains | Market Perform | Get Alert |
| 04/28/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -15.19% | Credit Suisse | Dan Oppenheim | $130 → $140 | Maintains | Outperform | Get Alert |
| 04/27/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -20.03% | Wedbush | Jay McCanless | → $132 | Reiterates | → Outperform | Get Alert |
| 04/12/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -20.03% | Wedbush | Jay McCanless | → $132 | Reiterates | → Outperform | Get Alert |
| 03/06/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -21.85% | JP Morgan | Michael Rehaut | → $129 | Upgrade | Neutral → Overweight | Get Alert |
| 02/07/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -21.85% | JP Morgan | Michael Rehaut | $90 → $129 | Maintains | Neutral | Get Alert |
| 02/06/2023 | MTH | Buy Now | Meritage Homes | $165.07 | -23.06% | Keybanc | Kenneth Zener | $104 → $127 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Meritage Homes (MTH)?
The latest price target for Meritage Homes (NYSE: MTH) was reported by Wedbush on April 25, 2024. The analyst firm set a price target for $148.00 expecting MTH to fall to within 12 months (a possible -10.34% downside). 15 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Meritage Homes (MTH)?
The latest analyst rating for Meritage Homes (NYSE: MTH) was provided by Wedbush, and Meritage Homes reiterated their underperform rating.
When was the last upgrade for Meritage Homes (MTH)?
The last upgrade for Meritage Homes Corp happened on February 26, 2024 when Zelman & Assoc raised their price target to N/A. Zelman & Assoc previously had a neutral for Meritage Homes Corp.
When was the last downgrade for Meritage Homes (MTH)?
The last downgrade for Meritage Homes Corp happened on April 2, 2024 when Wedbush changed their price target from $155 to $148 for Meritage Homes Corp.
When is the next analyst rating going to be posted or updated for Meritage Homes (MTH)?
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 April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
Is the Analyst Rating Meritage Homes (MTH) correct?
While ratings are subjective and will change, the latest Meritage Homes (MTH) rating was a reiterated with a price target of $0.00 to $148.00. The current price Meritage Homes (MTH) is trading at is $165.07, which is out of the analyst’s predicted range.
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