NYSE:MHO

M/I Homes Stock Forecast, Price & News

$64.71

+0.02 (+0.03 %)

(As of 07/30/2021 12:00 AM ET)

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Today's Range

$64.17

▼

$65.97

50-Day Range

$54.15

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$70.52

52-Week Range

$40.16

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$74.85

Volume223,459 shs

Average Volume272,130 shs

Market Capitalization$1.89 billion

P/E Ratio5.55

Dividend YieldN/A

Beta2.11

30 days | 90 days | 365 days | Advanced Chart

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About M/I Homes

M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Michigan, Minnesota, North Carolina, Florida, and Texas, the United States. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.

M/I Homes (NYSE:MHO) Issues Earnings Results, Beats Expectations By $1.40 EPS
July 29, 2021 | americanbankingnews.com

M/I Homes Stock Gains On Q2 Earnings Beat, Improved Margins
July 28, 2021 | finance.yahoo.com

M/I Homes rides demand for homes to record highs
July 28, 2021 | msn.com

M/I Homes (MHO) Beats Q2 Earnings and Revenue Estimates
July 28, 2021 | finance.yahoo.com

M/I Homes (NYSE:MHO) Trading Up 7.2%
July 28, 2021 | americanbankingnews.com

M/I Homes continues flurry of activity in region with plans for Huntersville development
July 19, 2021 | bizjournals.com

Declining Stock and Solid Fundamentals: Is The Market Wrong About M/I Homes, Inc. (NYSE:MHO)?
July 6, 2021 | finance.yahoo.com

M/I Homes, Inc. (MHO)
June 18, 2021 | finance.yahoo.com

Introducing M/I Homes (NYSE:MHO), The Stock That Zoomed 272% In The Last Five Years
May 31, 2021 | finance.yahoo.com

M/I Homes to build 138 homes in Indian Trail, with focus on affordability
May 13, 2021 | bizjournals.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
Current SymbolNYSE:MHO
Previous Symbol
CUSIP55305B10
CIK799292
Webwww.mihomes.com
Phone614-418-8000
Employees1,515
Year FoundedN/A

Sales & Book Value

Annual Sales$3.05 billion
Price / Sales0.62
Cash Flow$9.20 per share
Price / Cash Flow7.03
Book Value$50.25 per share
Price / Book1.29

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares29,190,000
Market Cap$1.89 billion
Next Earnings Date10/27/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.37 out of 5 stars

Construction Sector

24th out of 94 stocks

Operative Builders Industry

5th out of 11 stocks

2.3 Analyst's Opinion

Consensus Rating
M/I Homes has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $80.00, M/I Homes has a forecasted upside of 23.6% from its current price of $64.71.
Amount of Analyst Coverage
M/I Homes has received no research coverage in the past 90 days.

4.0 Community Rank

Outperform Votes
M/I Homes has received 205 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
M/I Homes has received 140 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
M/I Homes has received 59.42% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about M/I Homes and other stocks. Vote “Outperform” if you believe MHO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MHO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
M/I Homes does not currently pay a dividend.
Dividend Growth
M/I Homes does not have a long track record of dividend growth.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, M/I Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,107,905.00 in company stock.
Percentage Held by Insiders
Only 2.90% of the stock of M/I Homes is held by insiders.
Percentage Held by Institutions
91.75% of the stock of M/I Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for M/I Homes are expected to grow by 17.05% in the coming year, from $10.44 to $12.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of M/I Homes is 5.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of M/I Homes is 5.55, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 18.91.
Price to Book Value per Share Ratio
M/I Homes has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

M/I Homes (NYSE:MHO) Frequently Asked Questions

Is M/I Homes a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M/I Homes in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" M/I Homes stock.
View analyst ratings for M/I Homes or view top-rated stocks.

What stocks does MarketBeat like better than M/I Homes?

Wall Street analysts have given M/I Homes a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but M/I Homes wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting M/I Homes?

M/I Homes saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,080,000 shares, an increase of 35.6% from the June 30th total of 796,600 shares. Based on an average daily trading volume, of 301,600 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.8% of the company's stock are short sold.
View M/I Homes' Short Interest.

When is M/I Homes' next earnings date?

M/I Homes is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for M/I Homes.

How were M/I Homes' earnings last quarter?

M/I Homes, Inc. (NYSE:MHO) posted its quarterly earnings data on Wednesday, July, 28th. The construction company reported $3.58 EPS for the quarter, topping analysts' consensus estimates of $2.18 by $1.40. M/I Homes had a trailing twelve-month return on equity of 26.89% and a net margin of 9.77%.
View M/I Homes' earnings history.

How has M/I Homes' stock price been impacted by COVID-19?

M/I Homes' stock was trading at $27.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MHO stock has increased by 133.5% and is now trading at $64.71.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MHO?

2 Wall Street analysts have issued twelve-month price targets for M/I Homes' stock. Their forecasts range from $80.00 to $80.00. On average, they anticipate M/I Homes' share price to reach $80.00 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
View analysts' price targets for M/I Homes or view top-rated stocks among Wall Street analysts.

Who are M/I Homes' key executives?

M/I Homes' management team includes the following people:

Mr. Robert H. Schottenstein, Chairman, Pres & CEO (Age 68, Pay $4.64M)
Mr. Phillip G. Creek, Exec. VP, CFO & Director (Age 68, Pay $2.31M)
Mr. J. Thomas Mason, Exec. VP (Age 64, Pay $1.51M)
Ms. Ann Marie W. Hunker, VP, Chief Accounting Officer & Corp. Controller
Mr. Kevin C. Hake, Sr. VP of Fin. & Bus. Devel. and Treasurer (Age 62)
Ms. Susan E. Krohne, Sr. VP, Chief Legal Officer & Sec.
Mr. Fred J. Sikorski, Region Pres of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions (Age 66)
Mr. Thomas W. Jacobs, Region Pres, Austin, Dallas, Houston, San Antonio, Chicago, Minneapolis & St. Paul Divisions (Age 55)
Mr. Joe Fontana, Pres of Sarasota-Florida Division
Mr. Derek J. Klutch, Pres & CEO of M/I Financial (Age 57)

What is Robert H. Schottenstein's approval rating as M/I Homes' CEO?

31 employees have rated M/I Homes CEO Robert H. Schottenstein on Glassdoor.com. Robert H. Schottenstein has an approval rating of 69% among M/I Homes' employees.

Who are some of M/I Homes' key competitors?

Some companies that are related to M/I Homes include D.R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), M.D.C. (MDC), Tri Pointe Homes (TPH), Cavco Industries (CVCO), Hovnanian Enterprises (HOV) and Beazer Homes USA (BZH).
View all of MHO's competitors.

What other stocks do shareholders of M/I Homes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other M/I Homes investors own include Alibaba Group (BABA), The Boeing (BA), Intel (INTC), NVIDIA (NVDA), Verizon Communications (VZ), Altria Group (MO), Baidu (BIDU), DexCom (DXCM), General Motors (GM) and CarMax (KMX).

What is M/I Homes' stock symbol?

M/I Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHO."

Who are M/I Homes' major shareholders?

M/I Homes' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hillsdale Investment Management Inc. (0.37%), Alliancebernstein L.P. (0.14%), Ziegler Capital Management LLC (0.09%), State of Alaska Department of Revenue (0.07%), TCW Group Inc. (0.06%) and New England Research & Management Inc. (0.01%). Company insiders that own M/I Homes stock include Ann Marie Hunker, J Thomas Mason, Phillip G Creek and Robert H Schottenstein.
View institutional ownership trends for M/I Homes.

Which major investors are selling M/I Homes stock?

MHO stock was sold by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc.. Company insiders that have sold M/I Homes company stock in the last year include Ann Marie Hunker, J Thomas Mason, Phillip G Creek, and Robert H Schottenstein.
View insider buying and selling activity for M/I Homes or view top insider-selling stocks.

Which major investors are buying M/I Homes stock?

MHO stock was acquired by a variety of institutional investors in the last quarter, including TCW Group Inc., New England Research & Management Inc., Alliancebernstein L.P., State of Alaska Department of Revenue, and Ziegler Capital Management LLC.
View insider buying and selling activity for M/I Homes or or view top insider-buying stocks.

How do I buy shares of M/I Homes?

Shares of MHO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is M/I Homes' stock price today?

One share of MHO stock can currently be purchased for approximately $64.71.

How much money does M/I Homes make?

M/I Homes has a market capitalization of $1.89 billion and generates $3.05 billion in revenue each year. The construction company earns $239.87 million in net income (profit) each year or $8.47 on an earnings per share basis.

How many employees does M/I Homes have?

M/I Homes employs 1,515 workers across the globe.

What is M/I Homes' official website?

The official website for M/I Homes is www.mihomes.com.

Where are M/I Homes' headquarters?

M/I Homes is headquartered at 4131 WORTH AVENUE STE 500, COLUMBUS OH, 43219.

How can I contact M/I Homes?

M/I Homes' mailing address is 4131 WORTH AVENUE STE 500, COLUMBUS OH, 43219. The construction company can be reached via phone at 614-418-8000 or via email at [email protected]

This page was last updated on 7/31/2021 by MarketBeat.com Staff

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