Meritage Homes Corp [MTH] stock prices are up 1.19% to $77.60 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MTH shares have gain 7.08% over the last week, with a monthly amount glided 0.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Meritage Homes Corp [NYSE: MTH] stock has seen the most recent analyst activity on March 06, 2025, when Seaport Research Partners upgraded its rating to a Neutral but kept the price target unchanged to $70 for it. Previously, JP Morgan downgraded its rating to Neutral on December 13, 2024, and dropped its price target to $197. On November 07, 2024, downgrade downgraded it’s rating to Mkt Perform. Goldman upgraded its rating to a Buy and increased its price target to $235 on October 31, 2024. Wedbush upgraded its rating to a Neutral and raised its price target to $195 on October 15, 2024. Wolfe Research upgraded its rating to Outperform for this stock on August 14, 2024, but kept the price target unchanged to $230. In a note dated August 05, 2024, Seaport Research Partners downgraded an Sell rating on this stock but restated the target price of $153.
The stock price of Meritage Homes Corp [MTH] has been fluctuating between $69.26 and $106.99 over the past year. Currently, Wall Street analysts expect the stock to reach $110.25 within the next 12 months. Meritage Homes Corp [NYSE: MTH] shares were valued at $77.60 at the most recent close of the market. An investor can expect a potential return of 42.07% based on the average MTH price forecast.
Analyzing the MTH fundamentals
The Meritage Homes Corp [NYSE:MTH] reported sales of 6.40B for trailing twelve months, representing a drop of -2.33%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.16 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 76.26 points at the first support level, and at 74.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.49, and for the 2nd resistance point, it is at 79.39.
Ratios To Look Out For
It’s worth pointing out that Meritage Homes Corp [NYSE:MTH]’s Current Ratio is 9.97. In addition, the Quick Ratio stands at 1.32 and the Cash Ratio stands at 3.07. Considering the valuation of this stock, the price to sales ratio is 0.87, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 7.24.
Transactions by insiders
Recent insider trading involved Feliciano Javier, EVP Chief People Officer, that happened on Mar 03 ’25 when 4862.0 shares were sold. Chief Executive Officer, Lord Phillippe completed a deal on Mar 03 ’25 to sell 36167.0 shares. Meanwhile, EVP- Chief Financial Officer Sferruzza Hilla sold 14567.0 shares on Mar 03 ’25.
