NYSE:MHO M/I Homes (MHO) Stock Forecast, Price & News $75.81 +0.53 (+0.70%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$75.66▼$77.2150-Day Range$59.56▼$75.8152-Week Range$34.33▼$77.22Volume295,790 shsAverage Volume249,737 shsMarket Capitalization$2.11 billionP/E Ratio4.27Dividend YieldN/APrice Target$73.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media M/I Homes MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside3.7% Downside$73.00 Price TargetShort InterestHealthy2.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.16Based on 4 Articles This WeekInsider TradingSelling Shares$2.46 M Sold Last QuarterProj. Earnings Growth6.21%From $12.40 to $13.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.08 out of 5 starsConstruction Sector46th out of 96 stocksOperative Builders Industry9th out of 16 stocks 1.5 Analyst's Opinion Consensus RatingM/I Homes has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.00, M/I Homes has a forecasted downside of 3.7% from its current price of $75.81.Amount of Analyst CoverageM/I Homes has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.90% of the float of M/I Homes has been sold short.Short Interest Ratio / Days to CoverM/I Homes has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in M/I Homes has recently decreased by 1.69%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldM/I Homes does not currently pay a dividend.Dividend GrowthM/I Homes does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MHO. Previous Next 4.0 News and Social Media Coverage News SentimentM/I Homes has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for M/I Homes this week, compared to 2 articles on an average week.Search Interest4 people have searched for MHO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows4 people have added M/I Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $2,457,701.00 in company stock.Percentage Held by InsidersOnly 4.10% of the stock of M/I Homes is held by insiders.Percentage Held by Institutions92.42% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for M/I Homes are expected to grow by 6.21% in the coming year, from $12.40 to $13.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of M/I Homes is 4.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.84.Price to Earnings Ratio vs. SectorThe P/E ratio of M/I Homes is 4.27, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 13.98.Price to Book Value per Share RatioM/I Homes has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About M/I Homes (NYSE:MHO) StockM/I Homes, Inc. engages in the construction and development of residential properties. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment includes Northern and Southern Homebuilding which designs, markets, constructs, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers. The Financial Services segment offers mortgage banking services to homebuyers. The company was founded by Irving Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.Read More Receive MHO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M/I Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address MHO Stock News HeadlinesMay 24, 2023 | marketbeat.comWill Fed Rate-Hike Pause Lead To Small-Cap Outperformance? (MHO)Domestic small caps have underperformed larger stocks, but Bank of America research suggests quality small caps thrive after the Fed pauses rate hikes.June 7, 2023 | finance.yahoo.comM/I Homes, Inc. (MHO) Soars to 52-Week High, Time to Cash Out?June 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.June 5, 2023 | finance.yahoo.comM/I Homes (MHO) Is a Great Choice for 'Trend' Investors, Here's WhyJune 1, 2023 | msn.comM/I Homes (MHO) Jumps 53.1% YTD: Will the Upward Trend Persist?May 29, 2023 | seekingalpha.comM/I Homes: Some Insiders Are 'Ringing The Register'May 18, 2023 | americanbankingnews.comM/I Homes (NYSE:MHO) Research Coverage Started at StockNews.comMay 15, 2023 | finance.yahoo.comPulteGroup (PHM) Reaches 52-Week High: Factors to ConsiderJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 15, 2023 | finance.yahoo.comZacks.com featured highlights include Weatherford International, M/I Homes, Veritiv and EZCORPMay 5, 2023 | americanbankingnews.comM/I Homes (NYSE:MHO) Lowered to "Buy" at StockNews.comMay 4, 2023 | americanbankingnews.comM/I Homes, Inc. (NYSE:MHO) Short Interest Down 5.2% in AprilMay 3, 2023 | americanbankingnews.comM/I Homes, Inc. (NYSE:MHO) Insider Ann Marie Hunker Sells 4,800 SharesMay 3, 2023 | americanbankingnews.comInsider Selling: M/I Homes, Inc. (NYSE:MHO) CEO Sells 12,203 Shares of StockMay 3, 2023 | americanbankingnews.comPhillip G. Creek Sells 19,649 Shares of M/I Homes, Inc. (NYSE:MHO) StockMay 3, 2023 | americanbankingnews.comM/I Homes, Inc. Expected to Post Q2 2023 Earnings of $2.45 Per Share (NYSE:MHO)April 29, 2023 | finance.yahoo.comList of Homebuilder Stocks Sorted By Hedge Fund SentimentApril 27, 2023 | finance.yahoo.comQ1 2023 M/I Homes Inc Earnings CallApril 27, 2023 | americanbankingnews.comM/I Homes (NYSE:MHO) Upgraded by StockNews.com to "Strong-Buy"April 26, 2023 | finanznachrichten.deM/I Homes, Inc.: M/I Homes Reports 2023 First Quarter ResultsApril 26, 2023 | finance.yahoo.comM/I Homes Reports 2023 First Quarter ResultsApril 25, 2023 | americanbankingnews.comM/I Homes (MHO) Scheduled to Post Quarterly Earnings on WednesdayApril 21, 2023 | finance.yahoo.comM/I Homes (MHO) Share Price Rose 30% on Multiple TailwindsApril 21, 2023 | americanbankingnews.comM/I Homes (NYSE:MHO) Stock Rating Lowered by StockNews.comApril 19, 2023 | bizjournals.comSorry, Raleigh homebuyers. New townhomes by Crabtree Mall are now for rentApril 19, 2023 | finance.yahoo.comIs Now The Time To Put M/I Homes (NYSE:MHO) On Your Watchlist?April 3, 2023 | finance.yahoo.comM/I Homes (NYSE:MHO) stock performs better than its underlying earnings growth over last three yearsSee More Headlines MHO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MHO Company Calendar Last Earnings10/27/2021Today6/07/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Operative builders Sub-IndustryHomebuilding SectorConstruction Current SymbolNYSE:MHO CUSIP55305B10 CIK799292 Webwww.mihomes.com Phone(614) 418-8000Fax614-573-7172Employees1,663Year FoundedN/APrice Target and Rating Average Stock Price Forecast$73.00 High Stock Price Forecast$73.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside-3.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$17.75 Trailing P/E Ratio4.27 Forward P/E Ratio6.11 P/E GrowthN/ANet Income$490.66 million Net Margins11.75% Pretax Margin15.19% Return on Equity25.76% Return on Assets14.17% Debt Debt-to-Equity Ratio0.42 Current Ratio6.17 Quick Ratio1.39 Sales & Book Value Annual Sales$4.13 billion Price / Sales0.51 Cash Flow$19.85 per share Price / Cash Flow3.82 Book Value$75.49 per share Price / Book1.00Miscellaneous Outstanding Shares27,830,000Free Float26,688,000Market Cap$2.11 billion OptionableOptionable Beta1.92 Key ExecutivesRobert H. SchottensteinChairman, President & Chief Executive OfficerPhillip G. CreekChief Financial Officer, Director & Executive VPSusan E. KrohneSecretary, Chief Legal Officer & Senior VPAnn Marie W. HunkerChief Accounting Officer, VP & ControllerChloe FirebaughDirector-Land AcquisitionKey CompetitorsM.D.C.NYSE:MDCTri Pointe HomesNYSE:TPHBeazer Homes USANYSE:BZHHovnanian EnterprisesNYSE:HOVKB HomeNYSE:KBHView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 3,882 shares on 5/26/2023Ownership: 0.014%Brandywine Global Investment Management LLCSold 195 shares on 5/25/2023Ownership: 0.407%Ameriprise Financial Inc.Bought 390 shares on 5/22/2023Ownership: 0.486%Putnam Investments LLCBought 23,745 shares on 5/22/2023Ownership: 0.085%JPMorgan Chase & Co.Bought 21,768 shares on 5/18/2023Ownership: 0.430%View All Insider TransactionsView All Institutional Transactions MHO Stock - Frequently Asked Questions Should I buy or sell M/I Homes stock right now? 1 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 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MHO shares. View MHO analyst ratings or view top-rated stocks. What is M/I Homes' stock price forecast for 2023? 1 equities research analysts have issued 12-month price objectives for M/I Homes' shares. Their MHO share price forecasts range from $73.00 to $73.00. On average, they expect the company's stock price to reach $73.00 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. View analysts price targets for MHO or view top-rated stocks among Wall Street analysts. How have MHO shares performed in 2023? M/I Homes' stock was trading at $46.18 on January 1st, 2023. Since then, MHO stock has increased by 64.2% and is now trading at $75.81. View the best growth stocks for 2023 here. When is M/I Homes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our MHO earnings forecast. How were M/I Homes' earnings last quarter? M/I Homes, Inc. (NYSE:MHO) posted its quarterly earnings results on Wednesday, October, 27th. The construction company reported $3.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.47 by $0.44. The construction company had revenue of $904.32 million for the quarter, compared to the consensus estimate of $975.60 million. M/I Homes had a net margin of 11.75% and a trailing twelve-month return on equity of 25.76%. During the same period in the previous year, the firm posted $2.51 earnings per share. What ETFs hold M/I Homes' stock? ETFs with the largest weight of M/I Homes (NYSE:MHO) stock in their portfolio include Invesco Dynamic 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), Qraft AI-Enhanced Next Value ETF (NVQ), Roundhill Acquirers Deep Value ETF (DEEP) and Pacer US Small Cap Cash Cows 100 ETF (CALF). What is Robert H. Schottenstein's approval rating as M/I Homes' CEO? 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. 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), 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.61%), Donald Smith & CO. Inc. (7.40%), Dimensional Fund Advisors LP (4.88%), State Street Corp (4.30%), Franklin Resources Inc. (3.82%) and Arrowstreet Capital Limited Partnership (2.52%). Insiders that own company stock include Ann Marie Hunker, J Thomas Mason, Phillip G Creek and Robert H Schottenstein. View institutional ownership trends. How do I buy shares of M/I Homes? 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. Compare Top Brokerages Here. What is M/I Homes' stock price today? One share of MHO stock can currently be purchased for approximately $75.81. How much money does M/I Homes make? M/I Homes (NYSE:MHO) has a market capitalization of $2.11 billion and generates $4.13 billion in revenue each year. The construction company earns $490.66 million in net income (profit) each year or $17.75 on an earnings per share basis. How many employees does M/I Homes have? The company employs 1,663 workers across the globe. How can I contact M/I Homes? 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. This page (NYSE:MHO) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding M/I Homes, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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