NYSE:MHO

M/I Homes - MHO Stock Forecast, Price & News

$45.99

+0.43 (+0.94%)

(As of 08/8/2022 12:00 AM ET)

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Today's Range: $45.60
▼
$46.77
50-Day Range: $35.69
▼
$47.51
52-Week Range: $34.33
▼
$69.22

Volume: 190,952 shs
Average Volume: 254,777 shs
Market Capitalization: $1.28 billion

P/E Ratio: 3.11
Dividend Yield: N/A
Price Target: $100.00

M/I Homes MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 117.4% Upside
$100.00 Price Target
Short Interest: Healthy
4.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 1.09%
From $16.45 to $16.63 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Construction Sector

46th out of 106 stocks

Operative Builders Industry

9th out of 17 stocks

3.5

Analyst's Opinion

Consensus Rating
M/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/Downside
According to analysts' consensus price target of $100.00, M/I Homes has a forecasted upside of 117.4% from its current price of $45.99.
Amount of Analyst Coverage
M/I Homes has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.10% of the float of M/I Homes has been sold short.
Short Interest Ratio / Days to Cover
M/I Homes has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in M/I Homes has recently increased by 5.61%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
M/I Homes does not currently pay a dividend.
Dividend Growth
M/I Homes does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MHO.

0.6

News and Social Media Coverage

Search Interest
Only 1 people have searched for MHO on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
MarketBeat Follows
3 people have added M/I Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, M/I Homes insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.60% of the stock of M/I Homes is held by insiders.
Percentage Held by Institutions
89.55% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for M/I Homes are expected to grow by 1.09% in the coming year, from $16.45 to $16.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of M/I Homes is 3.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of M/I Homes is 3.11, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.45.
Price to Book Value per Share Ratio
M/I Homes has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About M/I Homes (NYSE:MHO) Stock

M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. 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 founded in 1976 and is based in Columbus, Ohio.

Wall Street Analysts Forecast Growth

Separately, TheStreet cut shares of M/I Homes from a "b-" rating to a "c+" rating in a research report on Wednesday, July 6th.

M/I Homes Price Performance

Shares of MHO Stock traded up $0.41 on Monday, hitting $45.97. 3,240 shares of the company's stock were exchanged, compared to its average volume of 318,810. The company has a 50 day moving average of $43.11 and a 200 day moving average of $45.74. The stock has a market cap of $1.28 billion, a P/E ratio of 3.11 and a beta of 1.89. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.62 and a quick ratio of 0.55. M/I Homes has a 12 month low of $34.33 and a 12 month high of $69.22.

M/I Homes (NYSE:MHO - Get Rating) last posted its earnings results on Wednesday, July 27th. The construction company reported $4.79 EPS for the quarter, topping analysts' consensus estimates of $3.78 by $1.01. The firm had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1.04 billion. M/I Homes had a net margin of 11.23% and a return on equity of 26.32%. On average, equities research analysts predict that M/I Homes will post 16.45 EPS for the current year.

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MHO Stock News Headlines

July 27, 2022 | seekingalpha.com

M/I Homes, Inc. (MHO) CEO Robert Schottenstein on Q2 2022 Results - Earnings Call Transcript

July 27, 2022 | finance.yahoo.com

M/I Homes (MHO) Surpasses Q2 Earnings Estimates

July 5, 2022 | nasdaq.com

Notable Tuesday Option Activity: DDS, MHO, CRWD

July 4, 2022 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At M/I Homes (NYSE:MHO)

June 14, 2022 | finance.yahoo.com

M/I Homes begins sales at Chelsea Manor townhome development in Aurora

May 29, 2022 | finance.yahoo.com

At US$46.83, Is M/I Homes, Inc. (NYSE:MHO) Worth Looking At Closely?

May 19, 2022 | finance.yahoo.com

Zacks Industry Outlook Highlights NVR, TRI Pointe Group, M/I Homes, and Beazer Homes USA

May 10, 2022 | finance.yahoo.com

M/I Homes' (NYSE:MHO) investors will be pleased with their notable 60% return over the last three years

May 6, 2022 | finance.yahoo.com

Despite limited land and rising costs, here’s why homebuilders still like Orlando's Seminole County

April 28, 2022 | finance.yahoo.com

M/I continues to set records despite supply chain and labor struggles

April 27, 2022 | seekingalpha.com

M/I Homes, Inc. (MHO) CEO Robert Schottenstein on Q1 2022 Results - Earnings Call Transcript

April 27, 2022 | finance.yahoo.com

M/I Homes (MHO) Beats Q1 Earnings Estimates

April 27, 2022 | investing.com

M/I Homes Earnings Beat, Revenue Misses In Q1

April 27, 2022 | finance.yahoo.com

M/I Homes Reports 2022 First Quarter Results

April 26, 2022 | seekingalpha.com

M/I Homes Q1 2022 Earnings Preview

April 4, 2022 | finance.yahoo.com

M/I Homes acquires 84 acres in Chicagoland for 2 residential communities

March 16, 2022 | bizjournals.com

M/I Homes' longtime Orlando-area president retires

February 17, 2022 | finance.yahoo.com

M/I Homes Announces $100 million Increase to Share Repurchase Authorization

February 7, 2022 | nasdaq.com

M/I Homes, Inc. (NYSE:MHO) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

February 4, 2022 | seekingalpha.com

Homebuilder M/I Homes: Selling Below Liquidation Value. That's Cheap In My Book

February 3, 2022 | benzinga.com

M/I Homes: Q4 Earnings Insights

February 2, 2022 | nasdaq.com

M/I Homes Q4 Profit Climbs 42%; Beats Street View

February 1, 2022 | benzinga.com

Preview: M/I Homes's Earnings

February 1, 2022 | seekingalpha.com

M/I Homes Q4 2021 Earnings Preview

February 1, 2022 | finance.yahoo.com

PulteGroup (PHM) Beats Q4 Earnings and Revenue Estimates

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30 days | 90 days | 365 days | Advanced Chart

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MHO Company Calendar

Last Earnings: 7/27/2022
Today: 8/09/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Operative builders
Sub-Industry: Homebuilding
Sector: Construction
Current Symbol: NYSE:MHO
CUSIP: 55305B10
CIK: 799292
Web: www.mihomes.com
Phone: (614) 418-8000
Fax: 614-573-7172
Employees: 1,657
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $100.00
High Stock Price Forecast: $100.00
Low Stock Price Forecast: $100.00
Forecasted Upside/Downside: +117.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $14.81
Trailing P/E Ratio: 3.11
Forward P/E Ratio: 2.80
P/E Growth: N/A
Net Income: $396.87 million
Net Margins: 11.23%
Pretax Margin: 14.57%
Return on Equity: 26.32%
Return on Assets: 13.46%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 4.62
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: $3.75 billion
Price / Sales: 0.34
Cash Flow: $14.60 per share
Price / Cash Flow: 3.15
Book Value: $55.81 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 27,760,000
Free Float: 26,762,000
Market Cap: $1.28 billion
Optionable: Optionable
Beta: 1.89

Key Executives

Mr. Robert H. Schottenstein (Age 69)
Chairman, Pres & CEO
Comp: $4.84M
Mr. Phillip G. Creek (Age 69)
Exec. VP, CFO & Director
Comp: $2.31M
Ms. Susan E. Krohne (Age 50)
Sr. VP, Chief Legal Officer & Sec.
Comp: $660.29k
Ms. Ann Marie W. Hunker
VP, Chief Accounting Officer & Corp. Controller
Mr. Kevin C. Hake (Age 63)
Sr. VP of Fin. & Bus. Devel.
Mr. Fred J. Sikorski (Age 67)
Region Pres of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions
Mr. Thomas W. Jacobs (Age 56)
Region Pres, Austin, Dallas, Houston, San Antonio, Chicago, Minneapolis & St. Paul Divisions
Mr. Joe Fontana
Pres of Sarasota-Florida Division
Mr. Derek J. Klutch (Age 58)
Pres & CEO of M/I Financial
Mark Kirkendall
VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MHO Stock - Frequently Asked Questions

Should I buy or sell M/I Homes stock right now?: 1 Wall Street 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 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 2022?: 1 equities research analysts have issued 1 year price targets for M/I Homes' stock. Their MHO share price forecasts range from $100.00 to $100.00. On average, they anticipate the company's stock price to reach $100.00 in the next twelve months. This suggests a possible upside of 117.4% from the stock's current price.
View analysts price targets for MHO or view top-rated stocks among Wall Street analysts.
How has M/I Homes' stock performed in 2022?: M/I Homes' stock was trading at $62.18 at the start of the year. Since then, MHO stock has decreased by 26.0% and is now trading at $45.99.
View the best growth stocks for 2022 here.
When is M/I Homes' next earnings date?: M/I Homes is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MHO earnings forecast.
How were M/I Homes' earnings last quarter?: M/I Homes, Inc. (NYSE:MHO) announced its quarterly earnings data on Wednesday, July, 27th. The construction company reported $4.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.78 by $1.01. The construction company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. M/I Homes had a trailing twelve-month return on equity of 26.32% and a net margin of 11.23%.
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 number of retail and institutional investors. Top institutional investors include Timelo Investment Management Inc. (1.21%), Assenagon Asset Management S.A. (1.08%), Congress Asset Management Co. MA (0.44%), Royce & Associates LP (0.39%), Victory Capital Management Inc. (0.34%) and Denali Advisors LLC (0.32%). 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 $45.99.
How much money does M/I Homes make?: M/I Homes (NYSE:MHO) has a market capitalization of $1.28 billion and generates $3.75 billion in revenue each year. The construction company earns $396.87 million in net income (profit) each year or $14.81 on an earnings per share basis.
How many employees does M/I Homes have?: M/I Homes employs 1,657 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 8/9/2022 by MarketBeat.com Staff

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M/I Homes - MHO Stock Forecast, Price & News

M/I Homes MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About M/I Homes (NYSE:MHO) Stock

Wall Street Analysts Forecast Growth

M/I Homes Price Performance

MHO Stock News Headlines

MHO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MHO Stock - Frequently Asked Questions

Should I buy or sell M/I Homes stock right now?

What is M/I Homes' stock price forecast for 2022?

How has M/I Homes' stock performed in 2022?

When is M/I Homes' next earnings date?

How were M/I Homes' earnings last quarter?

What is Robert H. Schottenstein's approval rating as M/I Homes' CEO?

What other stocks do shareholders of M/I Homes own?

What is M/I Homes' stock symbol?

Who are M/I Homes' major shareholders?

How do I buy shares of M/I Homes?

What is M/I Homes' stock price today?

How much money does M/I Homes make?

How many employees does M/I Homes have?

How can I contact M/I Homes?

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