A share price of Meritage Homes Corp [MTH] is currently trading at $71.13, up 5.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The MTH shares have gain 1.95% over the last week, with a monthly amount drifted -2.05%, 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 May 05, 2025, when BofA Securities initiated its Buy rating and assigned the stock a price target of $82. Previously, Seaport Research Partners upgraded its rating to Neutral on March 06, 2025, and kept the price target unchanged to $70. On December 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $197 on the stock. Raymond James downgraded its rating to a Mkt Perform. Goldman upgraded its rating to a Buy and raised its price target to $235 on October 31, 2024. Wedbush upgraded its rating to Neutral for this stock on October 15, 2024, and upped its price target to $195. In a note dated August 14, 2024, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $230.
Meritage Homes Corp experienced fluctuations in its stock price throughout the past year between $59.27 and $106.99. Currently, Wall Street analysts expect the stock to reach $88.5 within the next 12 months. Meritage Homes Corp [NYSE: MTH] shares were valued at $71.13 at the most recent close of the market. An investor can expect a potential return of 24.42% based on the average MTH price forecast.
Analyzing the MTH fundamentals
Trailing Twelve Months sales for Meritage Homes Corp [NYSE:MTH] were 6.22B which represents -4.03% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.16 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 69.08 points at the first support level, and at 67.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.35, and for the 2nd resistance point, it is at 73.56.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Meritage Homes Corp [NYSE:MTH] is 11.20. On the other hand, the Quick Ratio is 1.82, and the Cash Ratio is 3.84. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 8.11.
Transactions by insiders
Recent insider trading involved ARRIOLA DENNIS V, Director, that happened on Jul 25 ’25 when 2200.0 shares were purchased. Director, ARRIOLA DENNIS V completed a deal on Dec 31 ’24 to buy 20.0 shares. Meanwhile, Director Keough Joseph bought 4000.0 shares on Jun 12 ’25.
