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 Ratio9.17
Forward P/E Ratio6.91
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.96 billion
Price / Sales0.39
Cash Flow$3.8904 per share
Price / Cash6.84
Book Value$27.15 per share
Price / Book0.98
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$732.56 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 of Directors has authorized a share buyback plan on Tuesday, August 14th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.8% of its stock through open market purchases. Stock repurchase plans are usually an indication 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 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 had revenue of $558.10 million for the quarter, compared to analysts' expectations of $527 million. M/I Homes had a return on equity of 12.69% and a net margin of 3.91%. M/I Homes's revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 EPS. View M/I Homes' Earnings History.
When is M/I Homes' next earnings date?
What price target have analysts set for MHO?
2 brokerages have issued 1 year target prices for M/I Homes' stock. Their forecasts range from $38.00 to $41.00. On average, they expect M/I Homes' stock price to reach $39.50 in the next twelve months. This suggests a possible upside of 49.0% 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 Taylor Morrison Home (TMHC), TRI Pointe Group (TPH), KB Home (KBH), 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. Kevin C. Hake, Sr. VP of Fin. & Bus. Devel. and Treasurer (Age 59)
Has M/I Homes been receiving favorable news coverage?
Media coverage about MHO stock has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. M/I Homes earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the construction company an impact score of 41.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for M/I Homes.
Who are M/I Homes' major shareholders?
M/I Homes' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.06%), Dimensional Fund Advisors LP (7.24%), Donald Smith & CO. Inc. (6.69%), Millennium Management LLC (5.27%), Bank of New York Mellon Corp (1.89%) and Royce & Associates LP (1.51%). 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 selling M/I Homes stock?
MHO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Donald Smith & CO. Inc., FMR LLC, Cortina Asset Management LLC, ClariVest Asset Management LLC, Tocqueville Asset Management L.P., Fisher Asset Management LLC and Dimensional Fund Advisors LP. Company insiders that have sold M/I Homes company stock in the last year include Phillip G Creek and Robert H Schottenstein. View Insider Buying and Selling for M/I Homes.
Which major investors are buying M/I Homes stock?
MHO stock was acquired by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., BlackRock Inc., Millennium Management LLC, Citadel Advisors LLC, Royce & Associates LP, United Services Automobile Association, Bank of America Corp DE and Foundry Partners LLC. View Insider Buying and Selling for M/I Homes.
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 $26.51.
How big of a company is M/I Homes?
M/I Homes has a market capitalization of $732.56 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.
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.
