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) - Research analysts at Wedbush dropped their Q3 2025 earnings per share (EPS) estimates for M/I Homes in a research report issued on Thursday, July 24th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $4.56 for the quarter, down from their prior forecast 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.

Several other brokerages have also recently weighed in on MHO. Raymond James Financial reduced their price target on M/I Homes from $168.00 to $140.00 and set a "strong-buy" rating for the company in a research report on Tuesday, April 29th. Wall Street Zen cut M/I Homes from a "buy" rating to a "hold" rating in a research report on Friday, April 25th.

M/I Homes Stock Performance

Shares of NYSE:MHO traded down $1.22 during trading on Monday, hitting $119.60. The stock had a trading volume of 25,417 shares, compared to its average volume of 280,134. M/I Homes has a 12-month low of $100.22 and a 12-month high of $176.18. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 6.57 and a beta of 1.64. The company has a quick ratio of 1.72, a current ratio of 7.21 and a debt-to-equity ratio of 0.32. The stock has a 50-day simple moving average of $112.68 and a two-hundred day simple moving average of $115.31.

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

Institutional Investors Weigh In On M/I Homes

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its holdings in M/I Homes by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 144,678 shares of the construction company's stock worth $16,519,000 after purchasing an additional 3,698 shares during the period. GAMMA Investing LLC increased its holdings in M/I Homes by 57.6% during the 1st quarter. GAMMA Investing LLC now owns 919 shares of the construction company's stock worth $105,000 after purchasing an additional 336 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in M/I Homes by 17.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,205 shares of the construction company's stock worth $594,000 after purchasing an additional 763 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in M/I Homes by 44.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,707 shares of the construction company's stock worth $880,000 after purchasing an additional 2,363 shares during the period. Finally, Fifth Third Bancorp increased its holdings in M/I Homes by 38.3% during the 1st quarter. Fifth Third Bancorp now owns 379 shares of the construction company's stock worth $43,000 after purchasing an additional 105 shares during the period. Hedge funds and other institutional investors 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.