About M/I Homes (NYSE:MHO)
M/I Homes, Inc. is a builder of single-family homes. The Company consists of two operations: homebuilding and financial services. It operates through Midwest homebuilding, Southern homebuilding, Mid-Atlantic homebuilding and financial services operations segments. The Company and its subsidiaries are engaged primarily in the construction and sale of single-family residential homes in 15 markets: Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Tampa, Orlando and Sarasota, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C. The Company's financial services operations support its homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations. It markets and sells homes primarily under the M/I Homes brand (M/I Homes and Showcase Collection (by M/I)).
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Residential Builders - Single Homes
- Sub-Industry: Homebuilding
- Symbol: NYSE:MHO
- CUSIP: 55305B10
- Web: www.mihomes.com
Capitalization:- Market Cap: $720 million
- Outstanding Shares: 25,104,000
Average Prices:- 50 Day Moving Avg: $26.32
- 200 Day Moving Avg: $26.71
- 52 Week Range: $20.40 - $29.42
P/E:- Trailing P/E Ratio: 13.57
- Foreward P/E Ratio: 8.59
- P/E Growth: 0.78
Sales & Book Value:- Annual Revenue: $1.83 billion
- Price / Sales: 0.39
- Book Value: $25.70 per share
- Price / Book: 1.12
Profitability:- EBITDA: $132.36 million
- Net Margins: 3.57%
- Return on Equity: 12.99%
- Return on Assets: 5.11%
Debt:- Debt-to-Equity Ratio: 1.04%
- Current Ratio: 6.14%
- Quick Ratio: 0.61%
Misc:- Average Volume: 209,403 shs.
- Beta: 1.09
- Short Ratio: 6.63
Frequently Asked Questions for M/I Homes (NYSE:MHO)
What is M/I Homes' stock symbol?
M/I Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHO."
How were M/I Homes' earnings last quarter?
M/I Homes, Inc. (NYSE:MHO) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.68 by $0.05. The firm had revenue of $456.87 million for the quarter, compared to the consensus estimate of $456.56 million. M/I Homes had a net margin of 3.57% and a return on equity of 12.99%. The firm's revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.52 EPS. View M/I Homes' Earnings History.
When will M/I Homes make its next earnings announcement?
Where is M/I Homes' stock going? Where will M/I Homes' stock price be in 2017?
3 equities research analysts have issued 1-year target prices for M/I Homes' stock. Their forecasts range from $32.00 to $32.00. On average, they expect M/I Homes' share price to reach $32.00 in the next twelve months. View Analyst Ratings for M/I Homes.
Are investors shorting M/I Homes?
M/I Homes saw a decrease in short interest in the month of September. As of September 29th, there was short interest totalling 568,234 shares, a decrease of 34.1% from the September 15th total of 861,686 shares. Based on an average daily trading volume, of 210,993 shares, the short-interest ratio is presently 2.7 days. Approximately 2.3% of the shares of the stock are sold short.
Who are some of M/I Homes' key competitors?
Some companies that are related to M/I Homes include Primoris Services Corporation (PRIM), Patrick Industries (PATK), Cavco Industries (CVCO), Tutor Perini Corporation (TPC), Boise Cascade, L.L.C. (BCC), Comfort Systems USA (FIX), U S Concrete (USCR), Ply Gem Holdings (PGEM), NCI Building Systems (NCS), Cementos Pacasmayo S.A.A. (CPAC), Deltic Timber Corporation (DEL), Argan (AGX), Gibraltar Industries (ROCK), Continental Building Products (CBPX), Caesarstone (CSTE), Advanced Drainage Systems (WMS), Quanex Building Products Corporation (NX) and Lyon William Homes (WLH).
Who are M/I Homes' key executives?
M/I Homes' management team includes the folowing people:
- Robert H. Schottenstein, Chairman of the Board, President, Chief Executive Officer
- Phillip G. Creek, Chief Financial Officer, Executive Vice President, Director
- J. Thomas Mason, Executive Vice President, Secretary, Chief Legal Officer, Director
- Friedrich K. M. Bohm, Lead Independent Director
- William H. Carter, Independent Director
- Michael P. Glimcher, Independent Director
- Nancy J. Kramer, Independent Director
- Norman L. Traeger, Independent Director
Who owns M/I Homes stock?
M/I Homes' stock is owned by many different of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.52%) and Eqis Capital Management Inc. (0.04%). Company insiders that own M/I Homes stock include J Thomas Mason, Phillip G Creek and Robert H Schottenstein. View Institutional Ownership Trends for M/I Homes.
Who bought M/I Homes stock? Who is buying M/I Homes stock?
How do I buy M/I Homes stock?
Shares of M/I Homes can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is M/I Homes' stock price today?
One share of M/I Homes stock can currently be purchased for approximately $28.79.
MarketBeat Community Rating for M/I Homes (NYSE MHO)MarketBeat's community ratings are surveys of what our community members think about M/I Homes and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for M/I Homes (NYSE:MHO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $32.00 (11.15% upside) |
Consensus Price Target History for M/I Homes (NYSE:MHO)
Analysts' Ratings History for M/I Homes (NYSE:MHO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/31/2017 | JMP Securities | Upgrade | Market Perform -> Outperform | $32.00 | Low |  |
| 4/27/2017 | Wedbush | Set Price Target | Buy | $32.00 | Low | |
| 3/17/2017 | FBN Securities | Downgrade | Outperform -> Sector Perform | | High | |
| 2/9/2016 | J P Morgan Chase & Co | Lower Price Target | Neutral | $25.50 -> $21.00 | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for M/I Homes (NYSE:MHO)Earnings History by Quarter for M/I Homes (NYSE MHO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.76 | | | | | N/A | |
| 7/26/2017 | Q2 2017 | $0.68 | $0.73 | $456.56 million | $456.87 million | View | N/A | |
| 4/26/2017 | Q1 2017 | $0.39 | $0.55 | $376.76 million | $407.00 million | View | N/A | |
| 2/2/2017 | Q416 | $0.94 | $0.67 | $543.02 million | $511.70 million | View | Listen | |
| 10/27/2016 | Q316 | $0.64 | $0.65 | $446.66 million | $442.00 million | View | Listen | |
| 7/27/2016 | Q216 | $0.53 | $0.52 | $405.65 million | $401.20 million | View | Listen | |
| 4/28/2016 | Q116 | $0.38 | $0.30 | $317.53 million | $324.37 million | View | Listen | |
| 2/4/2016 | Q415 | $0.59 | $0.59 | $425.22 million | $468.90 million | View | N/A | |
| 10/22/2015 | Q315 | $0.61 | $0.51 | $374.03 million | $363.46 million | View | Listen | |
| 7/23/2015 | Q215 | $0.40 | $0.43 | $331.72 million | $322.90 million | View | Listen | |
| 4/23/2015 | Q115 | $0.18 | $0.31 | $244.52 million | $263.20 million | View | N/A | |
| 2/3/2015 | Q414 | $0.50 | $0.36 | $358.60 million | $368.00 million | View | N/A | |
| 10/23/2014 | Q314 | $0.46 | $0.44 | $299.47 million | $330.77 million | View | Listen | |
| 7/24/2014 | Q214 | $0.30 | $0.31 | $264.70 million | $275.14 million | View | N/A | |
| 4/24/2014 | Q114 | $0.19 | $0.23 | $239.48 million | $234.84 million | View | N/A | |
| 1/29/2014 | Q413 | $0.55 | $0.48 | $303.40 million | $336.30 million | View | N/A | |
| 10/24/2013 | Q313 | $0.43 | $0.47 | $276.46 million | $275.20 million | View | N/A | |
| 7/25/2013 | Q2 2013 | $0.38 | $0.25 | $255.45 million | $234.55 million | View | N/A | |
| 4/25/2013 | Q1 2013 | $0.07 | $0.11 | $209.87 million | $190.70 million | View | N/A | |
| 1/31/2013 | Q4 2012 | $0.27 | $0.23 | $247.13 million | $250.90 million | View | N/A | |
| 4/26/2012 | | ($0.40) | ($0.17) | | | View | N/A | |
| 2/2/2012 | | $0.02 | ($0.16) | | | View | N/A | |
| 10/27/2011 | | ($0.02) | ($0.25) | | | View | N/A | |
| 7/28/2011 | | ($0.21) | ($0.49) | | | View | N/A | |
| 4/28/2011 | | ($0.31) | ($0.92) | | | View | N/A | |
| 2/3/2011 | | ($0.07) | ($0.60) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for M/I Homes (NYSE:MHO)2017 EPS Consensus Estimate: $2.79
2018 EPS Consensus Estimate: $3.50
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.38 | $0.38 | $0.38 |
| Q2 2017 | 1 | $0.67 | $0.67 | $0.67 |
| Q3 2017 | 1 | $0.76 | $0.76 | $0.76 |
| Q4 2017 | 1 | $0.98 | $0.98 | $0.98 |
| Q1 2018 | 1 | $0.59 | $0.59 | $0.59 |
| Q2 2018 | 1 | $0.80 | $0.80 | $0.80 |
| Q3 2018 | 1 | $0.90 | $0.90 | $0.90 |
| Q4 2018 | 1 | $1.21 | $1.21 | $1.21 |
(Data provided by Zacks Investment Research)
Dividend History for M/I Homes (NYSE:MHO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for M/I Homes (NYSE:MHO)Insider Ownership Percentage: 4.70%
Insider Trades by Quarter for M/I Homes (NYSE:MHO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/9/2017 | J Thomas Mason | VP | Sell | 27,594 | $28.42 | $784,221.48 | |
| 5/1/2017 | Phillip G Creek | Insider | Sell | 20,808 | $27.38 | $569,723.04 | |
| 2/28/2017 | J Thomas Mason | VP | Sell | 4,406 | $23.75 | $104,642.50 | |
| 2/8/2017 | Robert H Schottenstein | CEO | Sell | 23,560 | $23.06 | $543,293.60 | |
| 9/15/2015 | Norman L Traeger | Director | Sell | 1,000 | $25.67 | $25,670.00 | |
| 4/27/2015 | Thomas D Igoe | Director | Sell | 9,207 | $23.44 | $215,812.08 | |
| 2/5/2015 | Norman L Traeger | Director | Sell | 2,400 | $19.82 | $47,568.00 | |
| 8/27/2014 | J Thomas Mason | VP | Sell | 10,000 | $22.71 | $227,100.00 | |
| 11/22/2013 | Robert Schottenstein | CEO | Sell | 5,000 | $21.37 | $106,850.00 | |
| 5/15/2013 | Norman L Traeger | Director | Sell | 3,000 | $26.10 | $78,300.00 | |
| 5/15/2013 | Robert H Schottenstein | CEO | Sell | 18,759 | $26.32 | $493,736.88 | |
| 5/14/2013 | Robert H Schottenstein | CEO | Sell | 43,060 | $26.14 | $1,125,588.40 | |
| 5/13/2013 | Phillip G Creek | CFO | Sell | 98,314 | $26.24 | $2,579,759.36 | |
| 5/13/2013 | Robert H Schottenstein | CEO | Sell | 15,381 | $26.30 | $404,520.30 | |
| 11/26/2012 | Robert H Schottenstein | CEO | Sell | 38,454 | $21.53 | $827,914.62 | |
(Data available from 1/1/2013 forward)
Headline Trends for M/I Homes (NYSE:MHO)
Latest Headlines for M/I Homes (NYSE:MHO)
| Source: |
|
| Date | Headline |
|---|
 | M/I Homes, Inc. (MHO) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - October 18 at 5:38 AM |
| M/I Homes, Inc. (MHO) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - October 18 at 4:34 AM |
| M/I Homes, Inc. (MHO) Sees Significant Drop in Short Interest
www.americanbankingnews.com - October 18 at 1:24 AM |
 | M/I Homes Announces Expiration and Results of Exchange Offer for 5.625% Senior Notes due 2025
finance.yahoo.com - October 16 at 8:12 PM |
| M/I Homes Announces Extension of Exchange Offer for 5.625% Senior Notes due 2025
finance.yahoo.com - October 6 at 10:29 AM |
| Short Interest in M/I Homes, Inc. (MHO) Declines By 51.3%
www.americanbankingnews.com - October 3 at 3:32 AM |
| M/I Homes, Inc. – Value Analysis (NYSE:MHO) : September 28, 2017
finance.yahoo.com - October 2 at 11:50 AM |
 | A.M. Best Places Credit Ratings of Canopius US Insurance, Inc. Under Review With Negative Implications
www.businesswire.com - September 29 at 1:35 PM |
| M/I Homes, Inc. breached its 50 day moving average in a Bullish Manner : MHO-US : September 27, 2017
finance.yahoo.com - September 27 at 9:38 AM |
| M/I Homes, Inc. (MHO) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 23 at 3:04 AM |
| 3 Top Homebuilders With Solid Growth to Buy Now
finance.yahoo.com - September 16 at 6:28 AM |
| M/I Homes Announces Redemption of All Outstanding Depositary Shares Representing Series A Preferred Shares
finance.yahoo.com - September 14 at 4:01 PM |
| M/I Homes Announces Commencement of Exchange Offer for 5.625% Senior Notes due 2025
finance.yahoo.com - September 7 at 5:16 AM |
| Here's Why You Should Add M/I Homes (MHO) Stock Right Now
finance.yahoo.com - September 4 at 7:31 PM |
| M/I Homes, Inc. (MHO) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 29 at 2:56 AM |
| 5 Bargain Stocks Boasting Impressive EV/EBITDA Ratios
finance.yahoo.com - August 26 at 7:07 AM |
| 5 Small Cap Value Stocks to Buy Now
finance.yahoo.com - August 10 at 5:27 AM |
| M/I Homes (MHO) vs. Lennar Corporation (LEN) Financial Review
www.americanbankingnews.com - August 7 at 2:38 PM |
| M/I Homes, Inc. (MHO) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - August 4 at 7:44 AM |
| M/I Homes, Inc. -- Moody's Publishes Covenant Quality Assessment for M/I Homes, Inc. Bond Offering
finance.yahoo.com - August 2 at 5:34 AM |
| M/I Homes, Inc. Announces Proposed Offering of Senior Notes
finance.yahoo.com - July 31 at 8:12 PM |
| M/I Homes, Inc. :MHO-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 8:12 PM |
| M/I Homes Announces Pricing of $250 Million of Senior Notes due 2025
finance.yahoo.com - July 31 at 8:12 PM |
| M/I Homes, Inc. -- Moody's rates M/I Homes' proposed $250 million notes B1
finance.yahoo.com - July 31 at 8:12 PM |
| Q3 2017 EPS Estimates for M/I Homes, Inc. Reduced by Wedbush (NYSE:MHO)
www.americanbankingnews.com - July 28 at 11:01 AM |
 | M/I Homes' (MHO) CEO Bob Schottenstein on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 4:19 AM |
 | M/I Homes Inc. Reveals 27% Advance In Q2 Bottom Line
www.rttnews.com - July 28 at 4:19 AM |
| M/I Homes Reports 2017 Second Quarter Results
finance.yahoo.com - July 27 at 4:20 AM |
| Edited Transcript of MHO earnings conference call or presentation 26-Jul-17 8:00pm GMT
finance.yahoo.com - July 27 at 4:20 AM |
| M/I Homes, Inc. (MHO) Announces Earnings Results
www.americanbankingnews.com - July 26 at 5:30 PM |
| Head-To-Head Survey: Meritage Corporation (MTH) and M/I Homes (MHO)
www.americanbankingnews.com - July 24 at 8:22 PM |
| M/I Homes Announces Extension of Revolving Credit Facility and Increase to $500 Million
finance.yahoo.com - July 21 at 2:20 AM |
| M/I Homes (NYSE:MHO) & M.D.C. Holdings (MDC) Head-To-Head Comparison
www.americanbankingnews.com - July 20 at 8:56 AM |
| M/I Homes, Inc. Announces Second Quarter Earnings Webcast
finance.yahoo.com - July 13 at 6:44 AM |
| M/I Homes, Inc. (NYSE:MHO) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 10 at 11:15 AM |
| M/I Homes, Inc. breached its 50 day moving average in a Bearish Manner : MHO-US : July 6, 2017
finance.yahoo.com - July 7 at 7:25 AM |
| M/I Homes, Inc. breached its 50 day moving average in a Bearish Manner : MHO-US : July 6, 2017
finance.yahoo.com - July 7 at 7:25 AM |
| Hovnanian Enterprises (HOV) & M/I Homes (MHO) Head to Head Comparison
www.americanbankingnews.com - July 2 at 7:38 AM |
| M/I Homes (MHO) Presents At J.P. Morgan Homebuilding and Building Products Conference - Slideshow
seekingalpha.com - May 23 at 10:32 AM |
 | M/I Homes buys 42 lots in Victoria for $2.2 million
www.bizjournals.com - March 3 at 6:33 PM |
| National homebuilder Mattamy Homes exiting Minnesota
www.bizjournals.com - February 22 at 6:41 PM |
| M I HOMES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 17 at 3:05 PM |
| Q4 2016 M/I Homes Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 3 at 12:27 AM |
 | M/I Homes, Inc. breached its 50 day moving average in a Bearish Manner : MHO-US : February 2, 2017
us.rd.yahoo.com - February 3 at 12:27 AM |
 | M/I Homes Reports Fourth Quarter and Year-End Results
us.rd.yahoo.com - February 3 at 12:27 AM |
| EARNINGS SUMMARY: Details of M/I Homes Inc. Q4 Earnings Report
www.rttnews.com - February 2 at 7:22 PM |
| M/I Homes touts record year of homebuilding
www.bizjournals.com - February 2 at 7:22 PM |
| M/I Homes sets opening for 250-home neighborhood at former Minerva Lake Golf Club site
www.bizjournals.com - February 1 at 5:29 AM |
 | M/I Homes posts 3Q profit
www.cnbc.com - October 27 at 6:12 PM |
| EARNINGS SUMMARY: Details of M/I Homes Inc. Q3 Earnings Report
www.rttnews.com - October 27 at 10:58 AM |
M/I Homes (MHO) Chart for Saturday, October, 21, 2017
