M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Maryland, Virginia, North Carolina, Florida, and Texas, the United States. The company operates through Midwest Homebuilding, Southern Homebuilding, Mid-Atlantic Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, and luxury buyers under the M/I Homes and Showcase Collection brand names. 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 incorporated in 1973 and is based in Columbus, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:MHO
CUSIP55305B10
Phone614-418-8000
Debt
Debt-to-Equity Ratio1.01
Current Ratio6.15
Quick Ratio0.64
Price-To-Earnings
Trailing P/E Ratio6.66
Forward P/E Ratio5.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.96 billion
Price / Sales0.32
Cash Flow$3.75 per share
Price / Cash5.88
Book Value$27.15 per share
Price / Book0.81
Profitability
EPS (Most Recent Fiscal Year)$2.88
Net Income$72.08 million
Net Margins3.91%
Return on Equity12.69%
Return on Assets5.19%
Miscellaneous
Employees1,238
Outstanding Shares28,570,000
Market Cap$629.99 million
M/I Homes (NYSE:MHO) Frequently Asked Questions
What is M/I Homes' stock symbol?
M/I Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHO."
How will M/I Homes' stock buyback program work?
M/I Homes announced that its board has authorized a stock repurchase plan on Tuesday, August 14th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.
How were M/I Homes' earnings last quarter?
M/I Homes Inc (NYSE:MHO) posted its quarterly earnings results on Wednesday, July, 25th. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.08. The construction company earned $558.10 million during the quarter, compared to analysts' expectations of $527 million. M/I Homes had a net margin of 3.91% and a return on equity of 12.69%. The business's quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. View M/I Homes' Earnings History.
When is M/I Homes' next earnings date?
How can I listen to M/I Homes' earnings call?
M/I Homes will be holding an earnings conference call on Wednesday, October 24th at 4:00 PM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for MHO?
2 equities research analysts have issued 1 year price objectives for M/I Homes' stock. Their predictions range from $30.00 to $41.00. On average, they anticipate M/I Homes' share price to reach $35.50 in the next year. This suggests a possible upside of 61.0% from the stock's current price. View Analyst Price Targets for M/I Homes.
What is the consensus analysts' recommendation for M/I Homes?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M/I Homes in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for M/I Homes.
Who are some of M/I Homes' key competitors?
Some companies that are related to M/I Homes include KB Home (KBH), Taylor Morrison Home (TMHC), TRI Pointe Group (TPH), M.D.C. (MDC), Meritage Homes (MTH), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), Green Brick Partners (GRBK), AV Homes (AVHI), Beazer Homes USA (BZH), Hovnanian Enterprises, Inc. Class A (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).
Who are M/I Homes' key executives?
M/I Homes' management team includes the folowing people:
- Mr. Robert H. Schottenstein, Chairman, CEO & Pres (Age 65)
- Mr. Phillip G. Creek, Exec. VP, CFO & Director (Age 65)
- Mr. J. Thomas Mason, Exec. VP, Sec., Chief Legal Officer & Director (Age 61)
- Ms. Ann Marie W. Hunker, Chief Accounting Officer, VP & Corp. Controller
- Mr. Paul S. Rosen, Sr. VP (Age 67)
Who are M/I Homes' major shareholders?
M/I Homes' stock is owned by many different of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.90%). 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.
Which major investors are buying M/I Homes stock?
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is M/I Homes' stock price today?
One share of MHO stock can currently be purchased for approximately $22.05.
How big of a company is M/I Homes?
M/I Homes has a market capitalization of $629.99 million and generates $1.96 billion in revenue each year. The construction company earns $72.08 million in net income (profit) each year or $2.88 on an earnings per share basis. M/I Homes employs 1,238 workers across the globe.
What is M/I Homes' official website?
How can I contact M/I Homes?
M/I Homes' mailing address is 3 EASTON OVAL SUITE 500, COLUMBUS OH, 43219. The construction company can be reached via phone at 614-418-8000 or via email at [email protected]
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 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.
