Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
70.85
+2.64 (3.87%)
At close: May 12, 2025, 4:00 PM
70.85
0.00 (0.00%)
After-hours: May 12, 2025, 4:00 PM EDT
Meritage Homes Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Meritage Homes stock have an average target of 74.42, with a low estimate of 40 and a high estimate of 118. The average target predicts an increase of 5.04% from the current stock price of 70.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Meritage Homes stock from 10 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 2 | 2 | 2 | 2 | 3 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 4 | 3 | 3 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Initiates $82 | Strong Buy | Initiates | $82 | +15.74% | May 5, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $89 → $70 | Hold | Maintains | $89 → $70 | -1.20% | May 1, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $90 → $77 | Hold | Maintains | $90 → $77 | +8.68% | Apr 28, 2025 |
| Seaport Global | Seaport Global | Strong Sell → Hold Upgrades $70 | Strong Sell → Hold | Upgrades | $70 | -1.20% | Mar 6, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $97 → $90 | Hold | Maintains | $97 → $90 | +27.03% | Feb 6, 2025 |
Financial Forecast
Revenue This Year
6.65B
from 6.40B
Increased by 3.99%
Revenue Next Year
7.16B
from 6.65B
Increased by 7.59%
EPS This Year
8.38
from 10.72
Decreased by -21.85%
EPS Next Year
9.22
from 8.38
Increased by 10.04%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.1B | 7.7B | 8.1B |
| Avg | 6.7B | 7.2B | 7.6B |
| Low | 6.1B | 6.7B | 7.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 11.6% | 15.3% | 13.0% |
| Avg | 4.0% | 7.6% | 6.5% |
| Low | -4.1% | 0.3% | 1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.99 | 10.45 | 12.34 |
| Avg | 8.38 | 9.22 | 11.36 |
| Low | 7.64 | 8.18 | 10.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -16.2% | 24.7% | 33.8% |
| Avg | -21.9% | 10.0% | 23.3% |
| Low | -28.7% | -2.3% | 14.3% |
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.