
Meritage Homes (MTH) Stock Forecast & Price Target
Meritage Homes (MTH) Analyst Ratings
Bulls say
Meritage Homes Corp is positioned for earnings growth due to recent land investments and an anticipated increase in community counts. Projections indicate a return on equity (ROE) of 9.6-9.7%, along with stable gross margins of 20.9% and 21.0% for the fiscal years 2025-2026, despite a slight decrease from previous levels. Delivery growth is forecasted to align closely with community count growth of approximately 10%, reinforcing a solid outlook for the company's financial performance.
Bears say
Meritage Homes Corp. has faced a reduction in forward earnings per share (EPS) estimates by 13% following its second-quarter earnings report, primarily due to anticipated lower deliveries, diminished gross margins, and increased selling, general, and administrative expenses (SG&A). The company's operations are hindered by external factors, including elevated interest rates, high home prices, and stretched affordability, which contribute to an uncertain outlook for housing demand and profit margins. Additionally, the company's relatively small size and low share count can lead to volatility in earnings, further complicating its financial performance.
This aggregate rating is based on analysts' research of Meritage Homes and is not a guaranteed prediction by Public.com or investment advice.
Meritage Homes (MTH) Analyst Forecast & Price Prediction
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