A share price of Meritage Homes Corp [MTH] is currently trading at $69.14, up 3.80%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MTH shares have lost -1.69% over the last week, with a monthly amount drifted -9.84%, and not 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.
Meritage Homes Corp experienced fluctuations in its stock price throughout the past year between $65.75 and $106.99. Currently, Wall Street analysts expect the stock to reach $96.83 within the next 12 months. Meritage Homes Corp [NYSE: MTH] shares were valued at $69.14 at the most recent close of the market. An investor can expect a potential return of 40.05% based on the average MTH price forecast.
Analyzing the MTH fundamentals
Trailing Twelve Months sales for Meritage Homes Corp [NYSE:MTH] were 6.40B which represents -2.33% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.
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 66.04 points at the first support level, and at 62.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.38, and for the 2nd resistance point, it is at 73.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Meritage Homes Corp [NYSE:MTH] is 9.97. Further, the Quick Ratio stands at 1.32, while the Cash Ratio is 3.07. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 6.45.
Transactions by insiders
Recent insider trading involved Keough Joseph, Director, that happened on Mar 13 ’25 when 5000.0 shares were purchased. EVP Chief People Officer, Feliciano Javier completed a deal on Mar 03 ’25 to sell 4862.0 shares. Meanwhile, Chief Executive Officer Lord Phillippe sold 36167.0 shares on Mar 03 ’25.
