​

Meritage Homes (MTH) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MTH Stock Forecast

Meritage Homes (MTH) stock forecast, based on 36 Wall Street analysts, predicts a 12-month average price target of $96.83, with a high of $117.50 and a low of $70.00. This represents a 48.67% increase from the last price of $65.13.

$50 $90 $130 $170 $210 $250 High: $117.5 Avg: $96.83 Low: $70 Last Closed Price: $65.13

MTH Stock Rating

Meritage Homes stock's rating consensus is Buy, based on 36 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 19 Buy (52.78%), 14 Hold (38.89%), 3 Sell (8.33%), and 0 Strong Sell (0.00%).

Buy
Total 36 0 3 14 19 Strong Sell Sell Hold Buy Strong Buy

MTH Price Target Upside V Benchmarks

TypeNameUpside
StockMeritage Homes48.67%
SectorConsumer Cyclical Stocks 28.52%
IndustryResidential Construction Stocks 27.16%

Price Target Trends

1M3M12M
# Anlaysts-18
Avg Price Target-$70.00$99.94
Last Closing Price$65.13$65.13$65.13
Upside/Downside-7.48%53.45%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25137--11
Mar, 251361-11
Feb, 251361-11
Jan, 251361-11
Dec, 242361-12
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 06, 2025Seaport Global$70.00$76.69-8.72%7.48%
Jan 07, 2025Jay McCanlessWedbush$103.00$74.4938.27%58.15%
Oct 31, 2024Susan MaklariGoldman Sachs$117.50$88.7732.36%80.41%
Oct 15, 2024Jay McCanlessWedbush$97.50$98.91-1.43%49.70%
Aug 13, 2024Truman PattersonWolfe Research$115.00$89.9027.92%76.57%
Aug 05, 2024Kenneth ZenerSeaport Global$76.50$95.66-20.03%17.46%
Jul 15, 2024Stephen KimEvercore ISI$110.50$88.9724.20%69.66%
Jun 13, 2024Stephen KimEvercore ISI$109.50$85.0528.75%68.13%
Jan 12, 2023Goldman Sachs$103.00$101.861.12%58.15%
Apr 29, 2022Credit Suisse$106.00$85.4124.11%62.75%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 06, 2025Seaport GlobalSellNeutralupgrade
Jan 07, 2025WedbushNeutralNeutralhold
Oct 31, 2024Goldman SachsNeutralBuyupgrade
Oct 15, 2024WedbushUnderperformNeutralupgrade
Aug 13, 2024Wolfe ResearchOutperformupgrade
Aug 05, 2024Seaport GlobalBuySelldowngrade
Jul 31, 2024Raymond JamesOutperformOutperformhold
Jul 26, 2024WedbushUnderperformUnderperformhold
Jul 23, 2024Raymond JamesOutperforminitialise
Jul 15, 2024Evercore ISIOutperformOutperformhold

Financial Forecast

EPS Forecast

$5 $10 $15 $20 $25 $30 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$11.23$19.61$27.04$20.17$10.85----
Avg Forecast$10.39$19.12$26.69$9.85$10.60$10.56$11.84$13.37$14.83
High Forecast$10.76$19.81$27.24$9.97$10.68$11.67$12.76$13.84$15.36
Low Forecast$10.03$18.47$26.30$9.73$10.52$9.63$10.90$12.90$14.31
Surprise %8.08%2.56%1.31%104.77%2.36%----

Revenue Forecast

$4B $5B $6B $7B $8B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.51B$5.15B$6.30B$6.14B$6.36B----
Avg Forecast$4.38B$5.13B$6.26B$6.00B$6.34B$6.90B$7.47B$8.37B$9.03B
High Forecast$4.51B$5.27B$6.36B$6.07B$6.39B$7.18B$7.73B$8.60B$9.28B
Low Forecast$4.27B$5.00B$6.19B$5.97B$6.31B$6.62B$7.21B$8.15B$8.79B
Surprise %2.80%0.30%0.65%2.36%0.44%----

Net Income Forecast

$250M $400M $550M $700M $850M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$423.48M$737.44M$992.19M$738.75M$786.19M----
Avg Forecast$331.33M$596.02M$810.84M$738.75M$383.97M$386.07M$428.76M$484.32M$537.41M
High Forecast$397.59M$715.22M$973.01M$886.50M$386.88M$422.98M$462.35M$501.54M$556.51M
Low Forecast$265.06M$476.81M$648.67M$591.00M$381.07M$349.15M$395.17M$467.45M$518.69M
Surprise %27.81%23.73%22.37%-104.75%----

MTH Forecast FAQ

Is Meritage Homes stock a buy?

Meritage Homes stock has a consensus rating of Buy, based on 36 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 19 Buy, 14 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Meritage Homes is a favorable investment for most analysts.

What is Meritage Homes's price target?

Meritage Homes's price target, set by 36 Wall Street analysts, averages $96.83 over the next 12 months. The price target range spans from $70 at the low end to $117.5 at the high end, suggesting a potential 48.67% change from the previous closing price of $65.13.

How does Meritage Homes stock forecast compare to its benchmarks?

Meritage Homes's stock forecast shows a 48.67% upside, outperforming the average forecast for the consumer cyclical stocks sector (28.52%) and outperforming the residential construction stocks industry (27.16%).

What is the breakdown of analyst ratings for Meritage Homes over the past three months?

  • April 2025: 9.09% Strong Buy, 27.27% Buy, 63.64% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 9.09% Strong Buy, 27.27% Buy, 54.55% Hold, 9.09% Sell, 0% Strong Sell.
  • February 2025: 9.09% Strong Buy, 27.27% Buy, 54.55% Hold, 9.09% Sell, 0% Strong Sell.

What is Meritage Homes’s EPS forecast?

Meritage Homes's average annual EPS forecast for its fiscal year ending in December 2025 is $10.56, marking a -2.67% decrease from the reported $10.85 in 2024. Estimates for the following years are $11.84 in 2026, $13.37 in 2027, and $14.83 in 2028.

What is Meritage Homes’s revenue forecast?

Meritage Homes's average annual revenue forecast for its fiscal year ending in December 2025 is $6.9B, reflecting a 8.39% increase from the reported $6.36B in 2024. The forecast for 2026 is $7.47B, followed by $8.37B for 2027, and $9.03B for 2028.

What is Meritage Homes’s net income forecast?

Meritage Homes's net income forecast for the fiscal year ending in December 2025 stands at $386.07M, representing a -50.89% decrease from the reported $786.19M in 2024. Projections indicate $428.76M in 2026, $484.32M in 2027, and $537.41M in 2028.