Meritage Homes Corp (NYSE:MTH) currently has a daily average trading volume of 911.12K but it saw 1512459 shares traded in last market. With a market cap of 5.22B USD, the company’s current market price of $72.62 came rising about 2.32 while comparing to the previous closing price of $70.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $106.99 and as low as $59.27. In the recent trading on the day, stock has struck highest price mark of $70.61 while lowest mark touched by it was $73.01.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which initiated the stock as “Buy” in its note to investors issued on May 05, 2025, recommending a price target of $82 for it. Seaport Research Partners upgraded its recommendation for the stock as a “Neutral” from “Sell” on March 06, 2025 while assigning a price target of $70. JP Morgan issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $220 and $197.
Over the week, MTH’s stock price is moving 10.42% up while it is 14.91% when we observe its performance for the past one month. Year-to-date it is -10.26% down and over the past year, the stock is showing a downside performance of -5.58%.
Currently, Meritage Homes Corp’s total number of outstanding shares is 71.83M with 2.22% of that held by the insiders while 101.31% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.28% and return on equity (ROE) at 14.58%. It has a price to earnings ratio (P/E ratio) of 7.35 while having a 7.93 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 10.19% on average.
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