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Meritage Homes Price Target & Analyst Ratings (NYSE:MTH)

-0.34 (-0.48 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
Now: $70.56
50-Day Range
MA: $71.66
52-Week Range
Now: $70.56
Volume392,578 shs
Average Volume543,774 shs
Market Capitalization$2.70 billion
P/E Ratio12.65
Dividend YieldN/A

Analyst Ratings

Meritage Homes (NYSE:MTH) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Meritage Homes in the last 12 months. Their average twelve-month price target is $60.80, suggesting that the stock has a possible downside of 13.84%. The high price target for MTH is $82.00 and the low price target for MTH is $39.00. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldBuyHoldHold
Consensus Rating Score: 2.382.562.402.27
Ratings Breakdown: 0 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $60.80$55.23$45.01$44.01
Price Target Upside: 13.84% downside21.52% downside17.25% downside11.04% downside

Meritage Homes (NYSE:MTH) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Meritage Homes (NYSE:MTH) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/24/2019Wells Fargo & CoBoost Price TargetMarket Perform$70.00 ➝ $82.00Low
9/18/2019Bank of AmericaBoost Price TargetBuy$79.00 ➝ $82.00Low
9/11/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$54.50 ➝ $67.50High
7/25/2019CitigroupUpgradeNeutral ➝ Buy$55.00 ➝ $63.00High
4/12/2019Zelman & AssociatesUpgradeHold ➝ BuyMedium
3/5/2019WedbushLower Price TargetNeutral ➝ Neutral$41.00 ➝ $39.00High
2/1/2019JMP SecuritiesDowngradeOutperform ➝ Market Perform$45.08Low
1/31/2019Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
10/25/2018Evercore ISIUpgradeIn-Line ➝ Outperform$47.00 ➝ $43.00High
10/22/2018Deutsche BankUpgradeHold ➝ BuyMedium
10/17/2018Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$50.00 ➝ $36.00High
4/29/2018BTIG ResearchReiterated RatingHoldMedium
2/2/2018BarclaysUpgradeUnderweight ➝ Equal WeightMedium
1/17/2018UBS GroupReiterated RatingNeutral ➝ Neutral$52.00 ➝ $57.00Low
(Data available from 11/17/2017 forward)
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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