MERITAGE HOMES CORP (MTH) Forecast, Price Target & Analyst Ratings

NYSE:MTH • US59001A1025

Current stock price

64.13 USD
+1.05 (+1.66%)
At close:
68 USD
+3.87 (+6.03%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MERITAGE HOMES CORP (MTH).

Forecast Snapshot

Consensus Price Target

Price Target
$83.67
+ 30.46% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 21, 2026
Period
Q1 / 2026
EPS Estimate
$1.06
Revenue Estimate
1.219B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$83.67
Upside
+ 30.46%
From current price of $64.13 to mean target of $83.67, Based on 15 analyst forecasts
Low
$61.82
Median
$84.15
High
$99.75

Price Target Revisions

1 Month
1.80%
3 Months
3.02%

Price Target Summary

15 Wall Street analysts provided a forecast for the next 12 months for MTH. The average price target is 83.67 USD. This implies a price increase of 30.46% is expected in the next year compared to the current price of 64.13.
The average price target has been revised upward by 3.02% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MTH Current Analyst RatingMTH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

MTH Historical Analyst RatingsMTH Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
72.00%
MTH was analyzed by 15 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about MTH.
In the previous month the buy percentage consensus was at a similar level.
MTH was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-04Truist SecuritiesInitiate Buy
2026-02-03Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-01-23UBSMaintains Buy -> Buy
2026-01-16B of A SecuritiesDowngrade Buy -> Neutral
2026-01-07CitizensInitiate Market Outperform
2026-01-06UBSMaintains Buy -> Buy
2025-12-04Evercore ISI GroupMaintains In-Line -> In-Line
2025-11-04JP MorganMaintains Neutral -> Neutral
2025-10-30UBSMaintains Buy -> Buy
2025-10-30Evercore ISI GroupMaintains In-Line -> In-Line
2025-10-10B of A SecuritiesMaintains Buy -> Buy
2025-10-07Evercore ISI GroupDowngrade Outperform -> In-Line
2025-09-18B of A SecuritiesMaintains Buy -> Buy
2025-07-28Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-07-28JP MorganMaintains Neutral -> Neutral
2025-07-25WedbushMaintains Neutral -> Neutral
2025-07-25Evercore ISI GroupMaintains Outperform -> Outperform
2025-05-05B of A SecuritiesInitiate Buy
2025-05-01JP MorganMaintains Neutral -> Neutral
2025-04-28Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-03-06Seaport GlobalUpgrade Sell -> Neutral
2025-02-06Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-01-14Goldman SachsMaintains Buy -> Buy
2025-01-08UBSMaintains Buy -> Buy
2024-12-13JP MorganDowngrade Overweight -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 21, 2026
Period
Q1 / 2026
EPS Estimate
$1.06
Revenue Estimate
1.219B
Revenue Q2Q
-10.67%
EPS Q2Q
-37.27%
Number of Analysts
12

Next Earnings Revisions

Revenue (1 Month)
0.08%
Revenue (3 Months)
-12.93%
EPS (1 Month)
0.13%
EPS (3 Months)
-25.15%

Next Earnings Summary

MTH is expected to report earnings on 4/21/2026. The consensus EPS estimate for the next earnings is 1.06 USD and the consensus revenue estimate is 1.22B USD.
The next earnings revenue estimate has been revised downward by 12.93% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
MTH revenue by date.MTH revenue by date.
6.138B
-2.45%		6.395B
4.18%		5.858B
-8.40%		5.84B
-0.30%		6.418B
9.90%		6.737B
4.97%
EBITDA
YoY % growth
MTH ebitda by date.MTH ebitda by date.
976.327M
-25.37%		1.032B
5.66%		606.907M
-41.17%		600.62M
-1.04%		722.98M
20.37%		798.79M
10.49%
EBIT
YoY % growth
MTH ebit by date.MTH ebit by date.
950.993M
-25.90%		1.006B
5.74%		581.622M
-42.16%		527.74M
-9.26%		647.37M
22.67%		741.65M
14.56%
Operating Margin
MTH operating margin by date.MTH operating margin by date.
15.49%15.72%9.93%9.04%10.09%11.01%
EPS
YoY % growth
MTH eps by date.MTH eps by date.
9.97
-25.46%		10.71
7.47%		6.32
-41.02%		6.00
-5.11%		7.46
24.41%		9.04
21.16%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		1.06
-37.27%		1.65
-18.93%		1.78
28.29%		1.79
48.76%		1.89
78.32%		2.24
35.56%		2.36
32.16%		1.77
-0.80%
Revenue
Q2Q % growth		1.219B
-10.67%		1.611B
-1.37%		1.521B
6.82%		1.654B
15.20%		1.617B
32.65%		1.775B
10.18%		1.671B
9.86%		1.648B
-0.36%
EBITDA
Q2Q % growth		104.17M
-37.03%		155.76M
-23.96%		178.51M
21.83%		193.89M
52.33%		208.24M
99.90%		256.73M
64.82%		201.46M
12.86%		183.72M
-5.25%
EBIT
Q2Q % growth		91.893M
-42.38%		143.69M
-25.25%		162.06M
26.69%		178.58M
75.08%		200.67M
118.37%		249.16M
73.40%		193.89M
19.64%		176.14M
-1.37%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MTH Yearly Revenue VS EstimatesMTH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
MTH Yearly EPS VS EstimatesMTH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
12.67%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.12%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
7.96%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MERITAGE HOMES CORP / MTH Forecast FAQ

What is the price target for MTH stock?

15 analysts have analysed MTH and the average price target is 83.67 USD. This implies a price increase of 30.46% is expected in the next year compared to the current price of 64.13.

When does MERITAGE HOMES CORP (MTH) report earnings?

MERITAGE HOMES CORP (MTH) will report earnings on 2026-04-21, after the market close.

What are the consensus estimates for MTH stock next earnings?

The consensus EPS estimate for the next earnings of MERITAGE HOMES CORP (MTH) is 1.06 USD and the consensus revenue estimate is 1.22B USD.

What is the expected long term growth rate for MTH stock?

The expected long term growth rate for MERITAGE HOMES CORP (MTH) is 4.12%.