MTH
Meritage Homes Corp
$
67.160
- Overview
- Forecast
- Valuation
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
68.000
Open
67.270
VWAP
67.15
Vol
313.03K
Mkt Cap
4.86B
Low
66.010
Amount
21.02M
EV/EBITDA(TTM)
5.39
Total Shares
71.83M
EV
5.57B
EV/OCF(TTM)
--
P/S(TTM)
0.78
Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.
Show More
Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
1.85B
+14.67%
2.503
-46.97%
1.74B
+9.6%
2.248
-15.81%
1.64B
-3.33%
2.166
-31.47%
Estimates Revision
The market is revising Downward the revenue expectations for Meritage Homes Corporation (MTH) for FY2025, with the revenue forecasts being adjusted by -3.16% over the past three months. During the same period, the stock price has changed by -14.79%.
Revenue Estimates for FY2025
Revise Downward
-3.16%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-14.42%
In Past 3 Month
Stock Price
Go Down
-14.79%
In Past 3 Month
4 Analyst Rating
34.75% Upside
Wall Street analysts forecast MTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTH is 90.50 USD with a low forecast of 70.00 USD and a high forecast of 113.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
3 Hold
0 Sell
Hold
34.75% Upside
Current: 67.160
Low
70.00
Averages
90.50
High
113.00
34.75% Upside
Current: 67.160
Low
70.00
Averages
90.50
High
113.00
Keefe, Bruyette & Woods
Jade Rahmani
Hold
Maintains
$90 → $77
2025-04-28
New
Reason
Keefe, Bruyette & Woods
Jade Rahmani
Price Target
$90 → $77
2025-04-28
New
Maintains
Hold
Reason
Keefe Bruyette lowered the firm's price target on Meritage Homes to $77 from $90 and keeps a Market Perform rating on the shares.
Seaport Global
Kenneth Zener
Strong Sell
to
Hold
Upgrades
$70
2025-03-06
Reason
Seaport Global
Kenneth Zener
Price Target
$70
2025-03-06
Upgrades
Strong Sell
to
Hold
Reason
Seaport Research upgraded Meritage Homes to Neutral from Sell with a $70 price target.
Keefe, Bruyette & Woods
Jade Rahmani
Hold
Maintains
$97 → $90
2025-02-06
Reason
Keefe, Bruyette & Woods
Jade Rahmani
Price Target
$97 → $90
2025-02-06
Maintains
Hold
Reason
Keefe Bruyette analyst Jade Rahmani lowered the firm's price target on Meritage Homes to $90 from $97 and keeps a Market Perform rating on the shares. The firm sees a challenging environment for homebuilding, the analyst says.
Goldman Sachs
Susan Maklari
Strong Buy
Maintains
$118 → $100
2025-01-14
Reason
Goldman Sachs
Susan Maklari
Price Target
$118 → $100
2025-01-14
Maintains
Strong Buy
Reason
UBS
John Lovallo
Strong Buy
Maintains
$126 → $118
2025-01-08
Reason
UBS
John Lovallo
Price Target
$126 → $118
2025-01-08
Maintains
Strong Buy
Reason
UBS analyst John Lovallo lowered the firm's price target on Meritage Homes to $118 from $126 and keeps a Buy rating on the shares. UBS views the setup for homebuilder stocks in 2025 favorably and believes market sentiment has rapidly shifted towards peak pessimism, which often creates the most attractive buying opportunities for the group, the analyst tells investors in a research note. The firm believes underlying housing fundamentals remain firmly intact and that the public builders are increasingly well-positioned to gain share from smaller, private competitors. Meritage is the firm's top homebuilder pick in 2025.
JP Morgan
Michael Rehaut
Buy
to
Hold
Downgrades
$220 → $197
2024-12-13
Reason
JP Morgan
Michael Rehaut
Price Target
$220 → $197
2024-12-13
Downgrades
Buy
to
Hold
Reason
JPMorgan downgraded Meritage Homes to Neutral from Overweight with a price target of $197, down from $220. After maintaining a positive homebuilder sector stance over the past two years, the firm is shifting to a "more cautious, less constructive approach" for 2025. JPMorgan anticipates a "significantly" less supportive demand/supply industry backdrop, saying builder fundamentals will likely feature margin and return on equity contraction during the upcoming year. Ina addition, stock valuations remain full, the analyst tells investors in a research note. The firm adjusted ratings as part of its 2025 outlook. Several key demand drivers for housing - specifically, rates, employment growth and affordability - are not expected to improve significantly in 2025, it contends.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Meritage Homes Corp (MTH.N) is 7.84, compared to its 5-year average forward P/E of 6.67. For a more detailed relative valuation and DCF analysis to assess Meritage Homes Corp 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
Fair
5Y Average PE
6.67
Current PE
7.84
Overvalued PE
8.80
Undervalued PE
4.54
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
Fair
5Y Average EV/EBITDA
5.25
Current EV/EBITDA
6.51
Overvalued EV/EBITDA
6.81
Undervalued EV/EBITDA
3.69
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
Fair
5Y Average PS
0.76
Current PS
0.73
Overvalued PS
0.94
Undervalued PS
0.57
Financials
Annual
Quarterly
FY2024Q4
YoY :
-2.33%
1.62B
Total Revenue
FY2024Q4
YoY :
-14.68%
218.81M
Operating Profit
FY2024Q4
YoY :
-13.18%
172.65M
Net Income after Tax
FY2024Q4
YoY :
-12.27%
2.36
EPS - Diluted
FY2024Q4
YoY :
-3.99%
-107.05M
Free Cash Flow
FY2024Q4
YoY :
-10.68%
16.81
Gross Profit Margin - %
FY2024Q4
YoY :
-177.56%
-4.01
FCF Margin - %
FY2024Q4
YoY :
-11.10%
10.65
Net Margin - %
FY2024Q4
YoY :
-5.66%
13.00
ROIC
Trading Trends
Insider
Insiders areSelling! The selling amount has increased 210.88% over the last month.
Sold
0-3
Months
2.9M
USD
2
3-6
Months
942.2K
USD
5
6-9
Months
1,000K
USD
1
0-12
Months
3.2M
USD
3
Bought
0-3
1
346.4K
USD
Months
3-6
1
819.6K
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
21.7K
Volume
2
6-9
Months
27.8K
Volume
1
0-12
Months
60.2K
Volume
3
Bought
0-3
0
0.0
Volume
Months
3-6
2
583.1K
Volume
Months
6-9
0
0.0
Volume
Months
0-12
4
104.4K
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders areSelling! The selling amount has increased 210.88% over the last month.
Sold
0-3
Months
2.9M
USD
2
3-6
Months
942.2K
USD
5
6-9
Months
1,000K
USD
1
0-12
Months
3.2M
USD
3
Bought
0-3
1
346.4K
USD
Months
3-6
1
819.6K
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
MTH News & Events
Events Timeline
2025-04-23 (ET)
2025-04-23
16:35:29
Meritage Homes sees FY25 revenue $6.6B-$6.9B, consensus $6.65B
2025-04-23
16:34:40
Meritage Homes reports Q1 EPS $1.69, consensus $1.68
2025-02-20 (ET)
2025-02-20
16:34:55
Meritage Homes increases quarterly dividend, renews share repurchase plan
Sign Up For More Events
Sign Up For More Events
News
3.0
04-01NASDAQ.COMWill Meritage (MTH) Beat Estimates Again in Its Next Earnings Report?
6.5
04-01NASDAQ.COMThese Construction & Industrial Products Stocks Are Poised to Soar: EME, MTH, STRL
9.5
04-01NASDAQ.COMMeritage Homes Q1 Profit Down
Sign Up For More News
People Also Watch
IIIN
Insteel Industries Inc
32.920
USD
-1.02%
MXCT
MaxCyte Inc
2.910
USD
-0.34%
GOTU
Gaotu Techedu Inc
3.040
USD
-0.98%
SMBK
SmartFinancial Inc
30.995
USD
+2.91%
MNMD
Mind Medicine (MindMed) Inc
6.420
USD
+0.94%
SRDX
Surmodics Inc
30.465
USD
-2.04%
LZM
Lifezone Metals Ltd
3.390
USD
-2.31%
GMRE
Global Medical REIT Inc
7.785
USD
-1.21%
GEVO
Gevo Inc
1.145
USD
-3.78%
HONE
HarborOne Bancorp Inc
11.380
USD
+0.62%
FAQ
What is Meritage Homes Corp (MTH) stock price today?
The current price of MTH is 67.16 USD — it has decreased -0.78 % in the last trading day.
What is Meritage Homes Corp (MTH)'s business?
What is the price predicton of MTH Stock?
What is Meritage Homes Corp (MTH)'s revenue for the last quarter?
What is Meritage Homes Corp (MTH)'s earnings per share (EPS) for the last quarter?
What changes have occurred in the market's expectations for Meritage Homes Corp (MTH)'s fundamentals?
How many employees does Meritage Homes Corp (MTH). have?