WallStreetZenWallStreetZen

NYSE: MTH
Meritage Homes Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for MTH

Based on 7 analysts offering 12 month price targets for Meritage Homes Corp

Min Forecast
$153.00-14.91%
Avg Forecast
$198.43+10.35%
Max Forecast
$230.00+27.91%

Should I buy or sell MTH stock?

Based on 7 analysts offering ratings for Meritage Homes Corp.

Hold
Strong Buy
0 analysts 0%
Buy
3 analysts 42.86%
Hold
2 analysts 28.57%
Sell
2 analysts 28.57%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Hold" rating. Learn More

Be the first to know when Wall Street analysts revise their MTH stock forecasts and price targets.

MTH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-05
lockedlocked$00.00+00.00%2024-08-14
lockedlocked$00.00+00.00%2024-08-05
lockedlocked$00.00+00.00%2024-07-31
lockedlocked$00.00+00.00%2024-07-26
Goldman Sachs
Bottom 9%
9
HoldMaintains$197.00+9.55%2024-07-26
Evercore ISI Group
Top 14%
87
BuyMaintains$221.00+22.90%2024-07-15

1 of 1

Forecast return on equity

Is MTH forecast to generate an efficient return?

Company
20.38%
Industry
22.29%
Market
70.91%
MTH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MTH forecast to generate an efficient return on assets?

Company
14.43%
Industry
15.7%
MTH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MTH earnings per share forecast

What is MTH's earnings per share in the next 3 years based on estimates from 11 analysts?

Avg 1 year Forecast
$21.27-4.87%
Avg 2 year Forecast
$21.47-3.99%
Avg 3 year Forecast
$24.34+8.85%
MTH's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MTH revenue forecast

What is MTH's revenue in the next 3 years based on estimates from 11 analysts?

Avg 1 year Forecast
$6.3B-1.78%
Avg 2 year Forecast
$6.8B+6.38%
Avg 3 year Forecast
$7.6B+17.61%
MTH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MTH earnings growth forecast

How is MTH forecast to perform vs Residential Construction companies and vs the US market?

Company
1.96%
Industry
7.32%
Market
17.45%
MTH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MTH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MTH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MTH revenue growth forecast

How is MTH forecast to perform vs Residential Construction companies and vs the US market?

Company
5.34%
Industry
5.19%
Market
8.87%
MTH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MTH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MTH vs Construction Stocks

TickerPricePrice TargetUp/downsideConsensus
MTH$179.82$198.43+10.35%Hold
IBP$213.44$249.63+16.95%Buy
SKY$103.93$85.40-17.83%Hold
TMHC$69.31$81.40+17.44%Buy
KBH$78.37$81.11+3.50%Hold
View Top Construction Stocks

Meritage Homes Stock Forecast FAQ

Is Meritage Homes Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: MTH) stock is to Hold MTH stock.

Out of 7 analysts, 0 (0%) are recommending MTH as a Strong Buy, 3 (42.86%) are recommending MTH as a Buy, 2 (28.57%) are recommending MTH as a Hold, 2 (28.57%) are recommending MTH as a Sell, and 0 (0%) are recommending MTH as a Strong Sell.

If you're new to stock investing, here's how to buy Meritage Homes stock.

What is MTH's earnings growth forecast for 2024-2026?

(NYSE: MTH) Meritage Homes's forecast annual earnings growth rate of 1.96% is not forecast to beat the US Residential Construction industry's average forecast earnings growth rate of 7.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.45%.

Meritage Homes's earnings in 2024 is $812,388,000.On average, 11 Wall Street analysts forecast MTH's earnings for 2024 to be $769,540,135, with the lowest MTH earnings forecast at $758,686,254, and the highest MTH earnings forecast at $792,695,080. On average, 11 Wall Street analysts forecast MTH's earnings for 2025 to be $776,678,370, with the lowest MTH earnings forecast at $694,648,358, and the highest MTH earnings forecast at $849,858,851.

In 2026, MTH is forecast to generate $880,560,861 in earnings, with the lowest earnings forecast at $804,996,145 and the highest earnings forecast at $954,417,901.

What is MTH's revenue growth forecast for 2024-2026?

(NYSE: MTH) Meritage Homes's forecast annual revenue growth rate of 5.34% is forecast to beat the US Residential Construction industry's average forecast revenue growth rate of 5.19%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.87%.

Meritage Homes's revenue in 2024 is $6,433,727,000.On average, 11 Wall Street analysts forecast MTH's revenue for 2024 to be $228,629,035,327, with the lowest MTH revenue forecast at $227,461,157,774, and the highest MTH revenue forecast at $230,411,242,521. On average, 11 Wall Street analysts forecast MTH's revenue for 2025 to be $247,624,556,483, with the lowest MTH revenue forecast at $240,825,179,161, and the highest MTH revenue forecast at $255,977,920,070.

In 2026, MTH is forecast to generate $273,761,750,176 in revenue, with the lowest revenue forecast at $261,873,748,012 and the highest revenue forecast at $284,295,694,556.

What is MTH's forecast return on assets (ROA) for 2024-2027?

(NYSE: MTH) forecast ROA is 14.43%, which is lower than the forecast US Residential Construction industry average of 15.7%.

What is MTH's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MTH price target, the average MTH price target is $198.43, with the highest MTH stock price forecast at $230.00 and the lowest MTH stock price forecast at $153.00.

On average, Wall Street analysts predict that Meritage Homes's share price could reach $198.43 by Nov 5, 2025. The average Meritage Homes stock price prediction forecasts a potential upside of 10.35% from the current MTH share price of $179.82.

What is MTH's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: MTH) Meritage Homes's current Earnings Per Share (EPS) is $22.36. On average, analysts forecast that MTH's EPS will be $21.27 for 2024, with the lowest EPS forecast at $20.97, and the highest EPS forecast at $21.91. On average, analysts forecast that MTH's EPS will be $21.47 for 2025, with the lowest EPS forecast at $19.20, and the highest EPS forecast at $23.49. In 2026, MTH's EPS is forecast to hit $24.34 (min: $22.25, max: $26.38).

What is MTH's forecast return on equity (ROE) for 2024-2027?

(NYSE: MTH) forecast ROE is 20.38%, which is considered strong.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.