S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
White House, tribal leaders hail 'historic' deal to restore salmon runs in Pacific Northwest
A collection of the insights Warren Buffett offered in his annual letter Saturday
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Gucci sparkles as De Sarno hits stride
Google says its AI image-generator would sometimes 'overcompensate' for diversity
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
White House, tribal leaders hail 'historic' deal to restore salmon runs in Pacific Northwest
A collection of the insights Warren Buffett offered in his annual letter Saturday
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Gucci sparkles as De Sarno hits stride
Google says its AI image-generator would sometimes 'overcompensate' for diversity
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
White House, tribal leaders hail 'historic' deal to restore salmon runs in Pacific Northwest
A collection of the insights Warren Buffett offered in his annual letter Saturday
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Gucci sparkles as De Sarno hits stride
Google says its AI image-generator would sometimes 'overcompensate' for diversity
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
White House, tribal leaders hail 'historic' deal to restore salmon runs in Pacific Northwest
A collection of the insights Warren Buffett offered in his annual letter Saturday
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Gucci sparkles as De Sarno hits stride
Google says its AI image-generator would sometimes 'overcompensate' for diversity

Meritage Homes (MTH) Stock Forecast & Price Target

$156.92
+3.74 (+2.44%)
(As of 02/23/2024 ET)

Meritage Homes Consensus Analyst Rating and Stock Price Forecast (2024)

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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 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.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$167.25
6.58% Upside
High Forecast$188.00
Average Forecast$167.25
Low Forecast$129.00
TypeCurrent Forecast
2/24/23 to 2/24/24
1 Month Ago
1/25/23 to 1/25/24
3 Months Ago
11/26/22 to 11/26/23
1 Year Ago
2/24/22 to 2/24/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$167.25$154.33$136.33$110.86
Predicted Upside6.58% Upside10.61% Upside14.19% Upside16.05% Upside
Get Meritage Homes Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for MTH and its competitors with MarketBeat's FREE daily newsletter.


MTH Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

MTH Price Targets 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Meritage Homes Stock vs. The Competition

TypeMeritage HomesConstruction CompaniesS&P 500
Consensus Rating Score
2.43
2.54
2.48
Consensus RatingHoldModerate BuyHold
Predicted Upside6.58% Upside93.24% Upside7.54% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/1/2024Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Mccanless
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingNeutral ➝ Neutral$170.00+6.58%
1/22/2024Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
K. Zener
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral
1/11/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$151.00 ➝ $182.00+4.76%
7/31/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$155.00 ➝ $188.00+24.93%
5/31/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy
5/3/2023Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Rahmani
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Perform
3/6/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Overweight$129.00+17.29%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:25 PM ET.












MTH Price Target - Frequently Asked Questions

What is Meritage Homes's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Meritage Homes stock is Hold based on the current 4 hold ratings and 3 buy ratings for MTH. The average twelve-month price prediction for Meritage Homes is $167.25 with a high price target of $188.00 and a low price target of $129.00. Learn more on MTH's analyst rating history.

Do Wall Street analysts like Meritage Homes more than its competitors?

Analysts like Meritage Homes less than other Construction companies. The consensus rating for Meritage Homes is Hold while the average consensus rating for construction companies is Moderate Buy. Learn more on how MTH compares to other companies.

Is Meritage Homes being downgraded by Wall Street analysts?

Over the previous 90 days, Meritage Homes's stock had 2 downgrades by analysts.

Does Meritage Homes's stock price have much upside?

According to analysts, Meritage Homes's stock has a predicted upside of 12.68% based on their 12-month stock forecasts.

What analysts cover Meritage Homes?

Meritage Homes has been rated by Seaport Res Ptn, The Goldman Sachs Group, and Wedbush in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:MTH) was last updated on 2/24/2024 by MarketBeat.com Staff