Q1 Earnings Estimate for M/I Homes Issued By Wedbush

Key Points

• Wedbush has issued Q1 2027 earnings estimates for M/I Homes, predicting an EPS of $3.88, with full-year earnings expected at $21.00 EPS.
• M/I Homes reported quarterly earnings of $4.42 EPS, which was slightly below the consensus estimate of $4.43 EPS, despite a revenue increase of 4.8% year-over-year.
• Analysts have recently lowered their ratings on M/I Homes, with Wall Street Zen downgrading it from "buy" to "hold" and Raymond James lowering its price target from $168.00 to $140.00.

M/I Homes, Inc. (NYSE:MHO - Free Report) - Equities researchers at Wedbush issued their Q1 2027 EPS estimates for shares of M/I Homes in a note issued to investors on Thursday, July 24th. Wedbush analyst J. Mccanless forecasts that the construction company will post earnings of $3.88 per share for the quarter. The consensus estimate for M/I Homes' current full-year earnings is $18.44 per share. Wedbush also issued estimates for M/I Homes' Q2 2027 earnings at $5.30 EPS and FY2027 earnings at $21.00 EPS.

M/I Homes (NYSE:MHO - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The construction company reported $4.42 EPS for the quarter, missing the consensus estimate of $4.43 by ($0.01). M/I Homes had a net margin of 11.40% and a return on equity of 17.23%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.12 billion. The company's revenue was up 4.8% compared to the same quarter last year.

A number of other equities research analysts have also weighed in on MHO. Wall Street Zen lowered shares of M/I Homes from a "buy" rating to a "hold" rating in a report on Friday, April 25th. Raymond James Financial reduced their price objective on shares of M/I Homes from $168.00 to $140.00 and set a "strong-buy" rating on the stock in a research note on Tuesday, April 29th.

M/I Homes Stock Performance

M/I Homes stock opened at $121.06 on Friday. The business has a 50 day moving average of $111.68 and a 200-day moving average of $115.43. The company has a market capitalization of $3.24 billion, a P/E ratio of 6.65 and a beta of 1.64. M/I Homes has a 1 year low of $100.22 and a 1 year high of $176.18. The company has a debt-to-equity ratio of 0.32, a current ratio of 6.95 and a quick ratio of 1.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Xponance Inc. boosted its position in shares of M/I Homes by 5.0% during the 1st quarter. Xponance Inc. now owns 2,019 shares of the construction company's stock valued at $231,000 after purchasing an additional 97 shares in the last quarter. Summit Investment Advisors Inc. grew its position in shares of M/I Homes by 3.6% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,787 shares of the construction company's stock worth $371,000 after buying an additional 98 shares during the period. KLP Kapitalforvaltning AS increased its stake in shares of M/I Homes by 1.3% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 7,800 shares of the construction company's stock valued at $875,000 after acquiring an additional 100 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of M/I Homes by 38.3% during the 1st quarter. Fifth Third Bancorp now owns 379 shares of the construction company's stock valued at $43,000 after acquiring an additional 105 shares during the period. Finally, SummerHaven Investment Management LLC lifted its position in shares of M/I Homes by 1.8% during the 1st quarter. SummerHaven Investment Management LLC now owns 6,443 shares of the construction company's stock valued at $736,000 after acquiring an additional 114 shares during the period. Institutional investors and hedge funds own 95.14% of the company's stock.

M/I Homes Company Profile

M/I Homes, Inc, together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.

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