
Meritage Homes (MTH) Stock Forecast & Price Target
Meritage Homes (MTH) Analyst Ratings
Bulls say
Meritage Homes Corp is poised for earnings growth due to recent land investments and an anticipated increase in community count. The company's expected return on equity (ROE) of 9.6-9.7% reflects a favorable performance outlook, which is particularly appealing compared to its historical multiple of 1.2x. Furthermore, projected gross margins for 2025-2026 demonstrate stability, with figures at 20.9% and 21.0%, alongside manageable selling, general, and administrative expenses indicating efficient operational management.
Bears say
Meritage Homes Corp has experienced a reduction in forward earnings per share (EPS) estimates by 13%, attributed to lower home deliveries, shrinking gross margins, and increased selling, general, and administrative (SG&A) expenses. The current homebuilding environment is adversely impacted by elevated interest rates and high home prices, which have led to affordability challenges, creating an uncertain outlook for housing demand and profit margins. Additionally, the company's smaller size and low share count contribute to earnings volatility, further complicating its financial stability and projections.
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
Start investing in Meritage Homes (MTH)
Order type
Buy in
Order amount
Est. shares
0 shares