Meritage Homes Stock Forecast for 2023 - 2025 - 2030

Updated on 04/18/2024

Stock Rating
14
Price Target
$180.00
Consensus
Neutral
Upside
19.89%
Analysts
9
Stock Rating
14
Upside
19.89%
Analysts
9
Price Target
$180.00

Meritage Homes Stock Forecast and Price Target

If the average 2024 price target of $180.00 recently set by nine prominent experts for Meritage Homes is met, there would be a potential upside of approximately 19.89% from the last closing price in April, 2024. The high estimate is $219.00, and the low is $148.00. Although you may not be interested in MTH stock, you should still be aware of its competitors.

$180.00

19.89% Upside

Hold
Hold

Meritage Homes Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Meritage Homes's Price has fallen from $79.53 to $0.00 – a 100.00% decrease. For next year, analysts predict Fair Value of $136.14, which would mean an increase of 100.00%. Over the next nine years, experts predict that Meritage Homes's Fair Value will grow at a rate of 100.00%.

2024 Fair Value Forecast
$136.14
2025 Fair Value Forecast
$145.40
2025 Fair Value Forecast
$145.40
2025 Fair Value Forecast
$145.40
2026 Fair Value Forecast
$146.48
2027 Fair Value Forecast
$193.26
2028 Fair Value Forecast
$214.44
2029 Fair Value Forecast
$235.12
2030 Fair Value Forecast
$255.65
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
DHI Stock Forecast D.R. Horton Outperform 9
$145.74 Buy/Sell $160.99 16.65%
LEN Stock Forecast Lennar Outperform 8
$151.88 Buy/Sell $160.35 18.51%
NVR Stock Forecast NVR Outperform 10
$7.67k Buy/Sell $6.99k 3.94%
PHM Stock Forecast PulteGroup Outperform 6
$106.15 Buy/Sell $119.11 18.70%
TOL Stock Forecast Toll Brothers Outperform 18
$113.42 Buy/Sell $110.76 12.85%

Meritage Homes Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Meritage Homes's Revenue has grown by 36.37%, rising from $4.50B to $6.14B. For next year, analysts predict Revenue of $6.24B, which would mean an increase of 1.59%. Over the next eight years, experts predict that Meritage Homes's Revenue will grow at a rate of 11.41%.

2024 Rev Forecast
$6.24B
2025 Rev Forecast
$6.66B
2025 Rev Forecast
$6.66B
2026 Rev Forecast
$7.07B
2027 Rev Forecast
$6.78B
2028 Rev Forecast
$6.75B
2029 Rev Forecast
$6.72B
2030 Rev Forecast
$6.84B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
TMHC Stock Forecast Taylor Morrison Home Hold 16
$53.80 Buy/Sell $60.40 13.38%
KBH Stock Forecast KB Home Hold 7
$60.92 Buy/Sell $57.57 18.60%
SKY Stock Forecast Skyline Champion Hold 16
$74.44 Buy/Sell $70.67 2.10%

Meritage Homes Dividend per Share Forecast for 2023 - 2025 - 2030

Meritage Homes's Dividend per Share has decreased In the last zero years, from $1.08 to $1.08 – a 0.00% drop. In the next year, analysts believe that Dividend per Share will reach $1.15 – an increase of 6.48%. For the next nine years, the forecast is for Dividend per Share to grow by 391.67%.

2024 DPS Forecast
$1.15
2025 DPS Forecast
$1.20
2025 DPS Forecast
$1.20
2025 DPS Forecast
$1.20
2026 DPS Forecast
$1.32
2027 DPS Forecast
$3.99
2028 DPS Forecast
$4.39
2029 DPS Forecast
$4.83
2030 DPS Forecast
$5.31
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MDC Stock Forecast M.D.C. Holdings Hold 16
$62.95 Buy/Sell $50.30 -14.69%
TPH Stock Forecast Tri Pointe Homes Outperform 16
$34.51 Buy/Sell $34.67 14.60%
MHO Stock Forecast M/I Homes Hold 14
$111.40 Buy/Sell $116.00 4.13%

Meritage Homes Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$0.34B
2025 FCF Forecast
$0.43B
2025 FCF Forecast
$0.43B
2025 FCF Forecast
$0.43B
2026 FCF Forecast
$0.08B
2027 FCF Forecast
$0.20B
2028 FCF Forecast
$0.43B
2029 FCF Forecast
$0.86B
2030 FCF Forecast
$0.40B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CVCO Stock Forecast Cavco Industries Outperform 16
$351.45 Buy/Sell $357.67 8.41%
LGIH Stock Forecast LGI Homes Hold 16
$92.62 Buy/Sell $125.50 23.89%
CCS Stock Forecast Century Communities Hold 14
$79.30 Buy/Sell $82.33 17.02%

Meritage Homes EBITDA Forecast for 2023 - 2025 - 2030

Meritage Homes's EBITDA has seen impressive growth In the last three years, rising from $584.99M to $927.72M – a growth of 58.59%. In the next year, analysts believe that EBITDA will reach $932.69M – an increase of 0.54%. For the next eleven years, the forecast is for EBITDA to grow by 1.45%.

2024 EBITDA Forecast
$0.93B
2024 EBITDA Forecast
$0.93B
2025 EBITDA Forecast
$0.92B
2025 EBITDA Forecast
$0.92B
2025 EBITDA Forecast
$0.92B
2026 EBITDA Forecast
$0.95B
2026 EBITDA Forecast
$0.95B
2027 EBITDA Forecast
$0.94B
2028 EBITDA Forecast
$0.93B
2029 EBITDA Forecast
$0.94B
2030 EBITDA Forecast
$0.94B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GRBK Stock Forecast Green Brick Partners Hold 14
$52.13 Buy/Sell $48.00 3.59%
BZH Stock Forecast Beazer Homes USA Outperform 16
$26.06 Buy/Sell $37.00 38.14%
HOV Stock Forecast Hovnanian Enterprises - 13
$160.60 Buy/Sell $27.00 -100.00%

Meritage Homes EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Meritage Homes's EBIT has grown by 62.91%, rising from $553.93M to $902.39M. According to 6 analysts, Meritage Homes's EBIT will fall by 4.66% in the next year, reaching $860.32M. Over the next nine years, experts believe that Meritage Homes's EBIT will grow at a rate of 52.04%.

2024 EBIT Forecast
$0.86B
2024 EBIT Forecast
$0.86B
2025 EBIT Forecast
$0.91B
2026 EBIT Forecast
$0.91B
2026 EBIT Forecast
$0.91B
2027 EBIT Forecast
$1.13B
2028 EBIT Forecast
$1.22B
2029 EBIT Forecast
$1.29B
2030 EBIT Forecast
$1.37B

Meritage Homes EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Meritage Homes's EPS has fallen from $11.00 to $0.00 – a 100.00% decrease. For next year, analysts predict EPS of $18.83, which would mean an increase of 100.00%. Over the next nine years, experts predict that Meritage Homes's EPS will grow at a rate of 100.00%.

2024 EPS Forecast
$18.83
2025 EPS Forecast
$20.11
2025 EPS Forecast
$20.11
2025 EPS Forecast
$20.11
2026 EPS Forecast
$20.26
2027 EPS Forecast
$26.73
2028 EPS Forecast
$29.66
2029 EPS Forecast
$32.52
2030 EPS Forecast
$35.36