Meritage Homes Stock Forecast, Price & News

Meritage Homes' stock was trading at $54.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTH shares have increased by 63.1% and is now trading at $88.08.
View which stocks have been most impacted by COVID-19.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Meritage Homes or view MarketBeat's top 5 stock picks.

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Meritage Homes is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Meritage Homes.

Meritage Homes Co. (NYSE:MTH) issued its earnings results on Wednesday, October, 21st. The construction company reported $2.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.42 by $0.42. The construction company earned $1.14 billion during the quarter, compared to analysts' expectations of $1.08 billion. Meritage Homes had a net margin of 8.88% and a return on equity of 18.16%.
View Meritage Homes' earnings history.

9 equities research analysts have issued 1 year price objectives for Meritage Homes' stock. Their forecasts range from $65.00 to $138.00. On average, they expect Meritage Homes' share price to reach $110.75 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts' price targets for Meritage Homes.

Some companies that are related to Meritage Homes include D.R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), M.D.C. (MDC), KB Home (KBH), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Meritage Homes investors own include D.R. Horton (DHI), Verizon Communications (VZ), NVIDIA (NVDA), Pfizer (PFE), The Home Depot (HD), QUALCOMM (QCOM), Johnson & Johnson (JNJ), salesforce.com (CRM), The Walt Disney (DIS) and AT&T (T).

Meritage Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTH."

Meritage Homes' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.94%), Earnest Partners LLC (3.87%), Fisher Asset Management LLC (3.65%), State Street Corp (3.20%), JPMorgan Chase & Co. (1.37%) and Acadian Asset Management LLC (1.27%). Company insiders that own Meritage Homes stock include C Timothy White, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, R Odell Michael, Raymond Oppel and Steven J Hilton.
View institutional ownership trends for Meritage Homes.

MTH stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Scopus Asset Management L.P., Dalton Greiner Hartman Maher & Co., New York State Common Retirement Fund, Morgan Stanley, Fisher Asset Management LLC, State Street Corp, and SG Americas Securities LLC. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, R Odell Michael, Raymond Oppel, and Steven J Hilton.
View insider buying and selling activity for Meritage Homes.

MTH stock was purchased by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., BlackRock Inc., Victory Capital Management Inc., Jupiter Asset Management Ltd., Great Lakes Advisors LLC, JPMorgan Chase & Co., AXA S.A., and Thrivent Financial for Lutherans.
View insider buying and selling activity for Meritage Homes.

Shares of MTH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MTH stock can currently be purchased for approximately $88.08.

Meritage Homes has a market capitalization of $3.31 billion and generates $3.67 billion in revenue each year. The construction company earns $249.66 million in net income (profit) each year or $6.42 on an earnings per share basis. Meritage Homes employs 1,510 workers across the globe.

The official website for Meritage Homes is www.meritagehomes.com.

Meritage Homes' mailing address is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. The construction company can be reached via phone at 480-515-8100 or via email at [email protected]