Wedbush Issues Negative Estimate for M/I Homes Earnings

Key Points

• Wedbush analysts have revised M/I Homes' Q3 2025 EPS estimate downward from $4.95 to $4.56, reflecting a cautious outlook for the company.
• The current consensus estimate for M/I Homes' full-year earnings has been set at $18.44 per share, indicating a general expectation of lower performance moving forward.
• Institutional investors hold a significant portion of M/I Homes stock, with 95.14% of shares owned by institutional investors and hedge funds, showcasing strong interest in the company despite recent rating changes.

M/I Homes, Inc. (NYSE:MHO - Free Report) - Investment analysts at Wedbush dropped their Q3 2025 earnings per share (EPS) estimates for shares of M/I Homes in a report released on Thursday, July 24th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $4.56 for the quarter, down from their previous estimate of $4.95. The consensus estimate for M/I Homes' current full-year earnings is $18.44 per share. Wedbush also issued estimates for M/I Homes' Q4 2025 earnings at $4.79 EPS, FY2025 earnings at $17.75 EPS, Q1 2026 earnings at $3.58 EPS, Q2 2026 earnings at $4.89 EPS, Q3 2026 earnings at $5.06 EPS, Q4 2026 earnings at $5.42 EPS and FY2026 earnings at $18.94 EPS.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen cut M/I Homes from a "buy" rating to a "hold" rating in a research report on Friday, April 25th. Raymond James Financial dropped their target price on M/I Homes from $168.00 to $140.00 and set a "strong-buy" rating on the stock in a research report on Tuesday, April 29th.

M/I Homes Price Performance

NYSE:MHO opened at $122.41 on Monday. M/I Homes has a 52 week low of $100.22 and a 52 week high of $176.18. The company has a quick ratio of 1.72, a current ratio of 6.95 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $3.28 billion, a PE ratio of 6.72 and a beta of 1.64. The stock's 50-day moving average price is $111.88 and its 200-day moving average price is $115.22.

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 analysts' consensus estimates 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 business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.12 billion. The business's revenue was up 4.8% on a year-over-year basis.

Institutional Investors Weigh In On M/I Homes

Several institutional investors have recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its holdings in M/I Homes by 10.2% in the 1st quarter. Donald Smith & CO. Inc. now owns 1,282,967 shares of the construction company's stock worth $146,489,000 after buying an additional 118,778 shares during the last quarter. Franklin Resources Inc. boosted its holdings in M/I Homes by 2.3% in the 4th quarter. Franklin Resources Inc. now owns 687,488 shares of the construction company's stock worth $91,402,000 after buying an additional 15,685 shares during the last quarter. Millennium Management LLC boosted its holdings in M/I Homes by 109.4% in the 1st quarter. Millennium Management LLC now owns 500,207 shares of the construction company's stock worth $57,114,000 after buying an additional 261,381 shares during the last quarter. Northern Trust Corp boosted its holdings in M/I Homes by 8.4% in the 4th quarter. Northern Trust Corp now owns 347,000 shares of the construction company's stock worth $46,134,000 after buying an additional 26,820 shares during the last quarter. Finally, Royce & Associates LP boosted its holdings in M/I Homes by 14.4% in the 1st quarter. Royce & Associates LP now owns 314,362 shares of the construction company's stock worth $35,894,000 after buying an additional 39,491 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

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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