M/I Homes (MHO) Stock Forecast, Price & News

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

1 Wall Street analysts have issued twelve-month price objectives for M/I Homes' shares. Their MHO share price forecasts range from $116.00 to $116.00. On average, they anticipate the company's share price to reach $116.00 in the next twelve months. This suggests a possible upside of 35.4% from the stock's current price.
View analysts price targets for MHO or view top-rated stocks among Wall Street analysts.

M/I Homes' stock was trading at $46.18 at the beginning of 2023. Since then, MHO shares have increased by 85.5% and is now trading at $85.67.
View the best growth stocks for 2023 here.

M/I Homes saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,200,000 shares, an increase of 24.1% from the August 15th total of 967,300 shares. Based on an average daily volume of 332,300 shares, the short-interest ratio is presently 3.6 days. Currently, 4.4% of the shares of the stock are short sold.
View M/I Homes' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our MHO earnings forecast.

M/I Homes, Inc. (NYSE:MHO) released its quarterly earnings data on Wednesday, July, 26th. The construction company reported $4.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.45 by $1.67. The construction company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $822.80 million. M/I Homes had a net margin of 11.38% and a trailing twelve-month return on equity of 23.42%.

ETFs with the largest weight of M/I Homes (NYSE:MHO) stock in their portfolio include Invesco Building & Construction ETF (PKB), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Cambria Value and Momentum ETF (VAMO), Amplify Inflation Fighter ETF (IWIN), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).

31 employees have rated M/I Homes Chief Executive Officer Robert H. Schottenstein on Glassdoor.com. Robert H. Schottenstein has an approval rating of 69% among the company's employees.

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

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

Shares of MHO stock 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.
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One share of MHO stock can currently be purchased for approximately $85.67.

M/I Homes (NYSE:MHO) has a market capitalization of $2.38 billion and generates $4.13 billion in revenue each year. The construction company earns $490.66 million in net income (profit) each year or $17.08 on an earnings per share basis.

The company employs 1,663 workers across the globe.

M/I Homes' mailing address is 4131 WORTH AVENUE STE 500, COLUMBUS OH, 43219. The official website for the company is www.mihomes.com. The construction company can be reached via phone at (614) 418-8000, via email at investorrelations@mihomes.com, or via fax at 614-573-7172.