Log in

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

$18.38
-1.64 (-8.19 %)
(As of 03/29/2020 02:46 AM ET)
Today's Range
$18.21
Now: $18.38
$19.34
50-Day Range
$9.70
MA: $33.02
$43.24
52-Week Range
$9.62
Now: $18.38
$48.02
Volume345,363 shs
Average Volume503,560 shs
Market Capitalization$525.30 million
P/E Ratio4.11
Dividend YieldN/A
Beta0.97
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, millennial, 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.
Read More
M/I Homes logo

Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
CUSIP55305B10
Phone614-418-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.50 billion
Cash Flow$4.93 per share
Book Value$36.40 per share

Profitability

Net Income$127.59 million

Miscellaneous

Employees1,401
Market Cap$525.30 million
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

Receive MHO News and Ratings via Email

Sign-up to receive the latest news and ratings for MHO and its competitors with MarketBeat's FREE daily newsletter.


M/I Homes (NYSE:MHO) Frequently Asked Questions

How has M/I Homes' stock been impacted by COVID-19 (Coronavirus)?

M/I Homes' stock was trading at $27.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MHO shares have decreased by 33.7% and is now trading at $18.38. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for M/I Homes.

When is M/I Homes' next earnings date?

M/I Homes is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for M/I Homes.

How were M/I Homes' earnings last quarter?

M/I Homes Inc (NYSE:MHO) released its quarterly earnings results on Wednesday, February, 5th. The construction company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by $0.12. The construction company earned $742.15 million during the quarter, compared to analyst estimates of $754.06 million. M/I Homes had a net margin of 5.10% and a return on equity of 14.13%. M/I Homes's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.32 earnings per share. View M/I Homes' earnings history.

How will M/I Homes' stock buyback program work?

M/I Homes announced that its board has initiated a stock repurchase plan on Tuesday, August 14th 2018, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for MHO?

2 analysts have issued 12 month price objectives for M/I Homes' stock. Their forecasts range from $41.00 to $50.00. On average, they anticipate M/I Homes' share price to reach $45.50 in the next year. This suggests a possible upside of 147.6% from the stock's current price. View analysts' price targets for M/I Homes.

Has M/I Homes been receiving favorable news coverage?

Press coverage about MHO stock has been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. M/I Homes earned a news impact score of -2.1 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutM/I Homes.

Are investors shorting M/I Homes?

M/I Homes saw a decrease in short interest during the month of February. As of February 14th, there was short interest totaling 887,900 shares, a decrease of 10.3% from the January 30th total of 990,000 shares. Based on an average trading volume of 280,400 shares, the short-interest ratio is currently 3.2 days. Approximately 3.2% of the shares of the stock are sold short. View M/I Homes' Current Options Chain.

Who are some of M/I Homes' key competitors?

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 NVIDIA (NVDA), Boeing (BA), Alibaba Group (BABA), Verizon Communications (VZ), Altria Group (MO), Snap (SNAP), Intel (INTC), Stitch Fix (SFIX), General Motors (GM) and Applied Materials (AMAT).

Who are M/I Homes' key executives?

M/I Homes' management team includes the following people:
  • Mr. Robert H. Schottenstein, Chairman, Pres & CEO (Age 66)
  • Mr. Phillip G. Creek, Exec. VP, CFO & Director (Age 66)
  • Mr. J. Thomas Mason, Exec. VP, Sec., Chief Legal Officer & Director (Age 62)
  • Mr. Kevin C. Hake, Sr. VP of Fin. & Bus. Devel. and Treasurer (Age 60)
  • Mr. Paul S. Rosen, Sr. VP (Age 68)

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 institutional and retail investors. Top institutional shareholders include Prudential Financial Inc. (4.27%), Donald Smith & CO. Inc. (4.25%), Nuveen Asset Management LLC (3.50%), State Street Corp (3.61%), Franklin Resources Inc. (3.42%) and Franklin Resources Inc. (3.55%). Company insiders that own M/I Homes stock include Ann Marie Hunker, 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 Franklin Resources Inc., Franklin Resources Inc., Donald Smith & CO. Inc., Towle & Co., Royce & Associates LP, Nuveen Asset Management LLC, Oxford Asset Management LLP, and Bank of America Corp DE. Company insiders that have sold M/I Homes company stock in the last year include J Thomas Mason, and Robert H Schottenstein. View insider buying and selling activity for M/I Homes.

Which major investors are buying M/I Homes stock?

MHO stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Goldman Sachs Group Inc., Acadian Asset Management LLC, Bank of Montreal Can, Dalton Greiner Hartman Maher & Co., Panagora Asset Management Inc., Cubist Systematic Strategies LLC, and First Trust Advisors LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is M/I Homes' stock price today?

One share of MHO stock can currently be purchased for approximately $18.38.

How big of a company is M/I Homes?

M/I Homes has a market capitalization of $525.30 million and generates $2.50 billion in revenue each year. The construction company earns $127.59 million in net income (profit) each year or $4.63 on an earnings per share basis. M/I Homes employs 1,401 workers across the globe. View additional information about M/I Homes.

What is M/I Homes' official website?

The official website for M/I Homes is http://www.mihomes.com/.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  459
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel