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Meritage Homes

MTHNYSE
$190.10
-0.6-0.32%
At close: Jul 19, 5:02 PM EDT
$189.50
-0.6-0.32%
After Hours: Jul 19, 5:02 PM EDT
15 minutes delayed
Q2 2024 earnings tomorrow on Wed Jul 24th after the market close
Conference call scheduled in 3 days at 11:00 AM Click to view the webcast
Consensus Rating1
Outperform
Highest Price Target1
$500.00
Lowest Price Target1
$65.00
Consensus Price Target1
$181.64

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Meritage Homes (NYSE:MTH) Stock, Analyst Ratings, Price Targets, Forecasts

Meritage Homes Corp has a consensus price target of $181.64 based on the ratings of 15 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 Evercore ISI Group, Wedbush, and Wedbush on July 15, 2024, May 21, 2024, and May 15, 2024, respectively. With an average price target of $172.33 between Evercore ISI Group, Wedbush, and Wedbush, there's an implied -9.06% downside for Meritage Homes Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Feb
3
Apr
1
2
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
Wedbush
Keefe, Bruyette & Woods
Goldman Sachs
UBS

1calculated from analyst ratings

Analyst Ratings for Meritage Homes

Buy NowGet Alert
07/15/2024Buy Now16.62%Evercore ISI Group
Stephen Kim
$219 → $221MaintainsOutperformGet Alert
05/21/2024Buy Now-21.9%Wedbush
Jay McCanless
→ $148ReiteratesUnderperform → UnderperformGet Alert
05/15/2024Buy Now-21.9%Wedbush
Jay McCanless
→ $148ReiteratesUnderperform → UnderperformGet Alert
05/08/2024Buy Now2.9%Keefe, Bruyette & Woods
Jade Rahmani
$180 → $195MaintainsMarket PerformGet Alert
04/26/2024Buy Now-21.9%Wedbush
Jay McCanless
→ $148ReiteratesUnderperform → UnderperformGet Alert
04/25/2024Buy Now-21.9%Wedbush
Jay McCanless
→ $148ReiteratesUnderperform → UnderperformGet Alert
04/02/2024Buy Now-21.9%Wedbush
Jay McCanless
$155 → $148DowngradeNeutral → UnderperformGet Alert
02/26/2024Buy NowZelman & Assoc
Ivy Zelman
UpgradeNeutral → OutperformGet Alert
02/01/2024Buy Now-10.29%Wedbush
Jay McCanless
→ $170ReiteratesNeutral → NeutralGet Alert
01/22/2024Buy NowSeaport Global
Kenneth Zener
DowngradeBuy → NeutralGet Alert
01/11/2024Buy Now-3.96%Goldman Sachs
Susan Maklari
$151 → $182MaintainsNeutralGet Alert
12/18/2023Buy Now-10.29%Wedbush
Jay McCanless
→ $170DowngradeOutperform → NeutralGet Alert
11/02/2023Buy Now-19.26%Seaport Global
Kenneth Zener
→ $153UpgradeNeutral → BuyGet Alert
07/31/2023Buy Now-0.79%UBS
John Lovallo
$155 → $188MaintainsBuyGet Alert
07/13/2023Buy Now-24.01%Goldman Sachs
Susan Maklari
$126 → $144MaintainsNeutralGet Alert
07/07/2023Buy Now-25.59%Wedbush
Jay McCanless
$137 → $141MaintainsOutperformGet Alert
06/01/2023Buy Now163.85%Deutsche Bank
Joe Ahlersmeyer
→ $500Initiates → BuyGet Alert
05/02/2023Buy Now-27.18%Keefe, Bruyette & Woods
Jade Rahmani
$125 → $138MaintainsMarket PerformGet Alert
04/28/2023Buy Now-26.12%Credit Suisse
Dan Oppenheim
$130 → $140MaintainsOutperformGet Alert
04/27/2023Buy Now-30.34%Wedbush
Jay McCanless
→ $132Reiterates → OutperformGet Alert
04/12/2023Buy Now-30.34%Wedbush
Jay McCanless
→ $132Reiterates → OutperformGet Alert
03/06/2023Buy Now-31.93%JP Morgan
Michael Rehaut
→ $129UpgradeNeutral → OverweightGet Alert
02/07/2023Buy Now-31.93%JP Morgan
Michael Rehaut
$90 → $129MaintainsNeutralGet Alert
02/06/2023Buy Now-32.98%Keybanc
Kenneth Zener
$104 → $127MaintainsOverweightGet Alert
02/03/2023Buy Now-31.4%Credit Suisse
Dan Oppenheim
$106 → $130MaintainsOutperformGet Alert
01/12/2023Buy Now-45.65%Goldman Sachs
Susan Maklari
$87 → $103MaintainsNeutralGet Alert
11/14/2022Buy Now-49.34%Keybanc
Kenneth Zener
$87 → $96MaintainsOverweightGet Alert
10/12/2022Buy Now-56.73%Goldman Sachs
Susan Maklari
$93 → $82MaintainsNeutralGet Alert
10/10/2022Buy Now-46.17%Wedbush
Jay McCanless
$130 → $102MaintainsOutperformGet Alert
09/19/2022Buy Now-54.09%Keybanc
Kenneth Zener
→ $87UpgradeSector Weight → OverweightGet Alert
07/29/2022Buy Now-36.68%UBS
John Lovallo
$110 → $120MaintainsBuyGet Alert
07/12/2022Buy Now-51.98%JP Morgan
Michael Rehaut
$94 → $91MaintainsNeutralGet Alert
06/23/2022Buy Now-56.2%Goldman Sachs
Susan Maklari
$100 → $83MaintainsNeutralGet Alert
06/17/2022Buy Now-65.7%Wells Fargo
Deepa Raghavan
→ $65DowngradeEqual-Weight → UnderweightGet Alert
06/16/2022Buy Now-41.95%UBS
John Lovallo
$156 → $110MaintainsBuyGet Alert
05/13/2022Buy NowWolfe Research
Truman Patterson
DowngradeOutperform → Peer PerformGet Alert
05/04/2022Buy Now-52.51%Wells Fargo
Deepa Raghavan
$87 → $90MaintainsEqual-WeightGet Alert
04/29/2022Buy Now-44.06%Credit Suisse
Dan Oppenheim
$103 → $106MaintainsOutperformGet Alert
04/13/2022Buy Now-53.03%JP Morgan
Michael Rehaut
$111 → $89MaintainsNeutralGet Alert
04/12/2022Buy Now-51.45%Goldman Sachs
Susan Maklari
$114 → $92MaintainsNeutralGet Alert
04/05/2022Buy Now-45.65%Credit Suisse
Daniel Oppenheim
→ $103Initiates → OutperformGet Alert
03/10/2022Buy Now-41.42%JP Morgan
Michael Rehaut
$148 → $111DowngradeOverweight → NeutralGet Alert
01/31/2022Buy NowKeybanc
Kenneth Zener
DowngradeOverweight → Sector WeightGet Alert
01/18/2022Buy Now-17.15%Wedbush
Jay McCanless
→ $157Initiates → OutperformGet Alert
12/13/2021Buy NowZelmanUpgradeHold → BuyGet Alert
10/29/2021Buy Now-23.48%Keybanc
Kenneth Zener
MaintainsOverweightGet Alert
10/14/2021Buy Now-24.54%JP Morgan
Michael Rehaut
UpgradeNeutral → OverweightGet Alert
08/04/2021Buy Now-31.4%Wolfe Research
Truman Patterson
UpgradePeer Perform → OutperformGet Alert
07/30/2021Buy Now-31.4%Keybanc
Kenneth Zener
MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Meritage Homes (MTH) stock?

A

The latest price target for Meritage Homes (NYSE:MTH) was reported by Evercore ISI Group on July 15, 2024. The analyst firm set a price target for $221.00 expecting MTH to rise to within 12 months (a possible 16.62% upside). 14 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Meritage Homes (MTH)?

A

The latest analyst rating for Meritage Homes (NYSE:MTH) was provided by Evercore ISI Group, and Meritage Homes maintained their outperform rating.

Q

When was the last upgrade for Meritage Homes (MTH)?

A

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.

Q

When was the last downgrade for Meritage Homes (MTH)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Meritage Homes (MTH)?

A

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 July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.

Q

Is the Analyst Rating Meritage Homes (MTH) correct?

A

While ratings are subjective and will change, the latest Meritage Homes (MTH) rating was a maintained with a price target of $219.00 to $221.00. The current price Meritage Homes (MTH) is trading at is $189.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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