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Sun Belt Demand Will Spur Homebuilding Growth Despite Margin Risks

Published
28 Aug 24
Updated
20 Aug 25
AnalystConsensusTarget's Fair Value
US$86.13
10.4% undervalued intrinsic discount
20 Aug
US$77.18
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1Y
-22.4%
7D
-0.09%

Author's Valuation

US$86.1

10.4% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on31 Jul 25
Fair value Increased 0.44%

With analyst reasoning not provided, both the discount rate and future P/E for Meritage Homes remained essentially unchanged, resulting in the consensus analyst price target holding steady at $85.75. What's in the News Repurchased 674,124 shares for $45 million, completing a buyback of 5,882,419 shares (7.95% of shares outstanding) for $530.91 million under the program announced in February 2019.

Shared on07 May 25
Fair value Decreased 6.12%

Shared on30 Apr 25
Fair value Decreased 2.37%

AnalystConsensusTarget has increased revenue growth from 5.5% to 7.0% and decreased profit margin from 10.7% to 9.3%.

Shared on23 Apr 25
Fair value Decreased 0.28%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 1.54%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Decreased 1.80%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 1.46%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Decreased 5.16%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.