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

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$24.67 -0.35 (-1.40 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$25.02
Today's Range$24.6050 - $25.19
52-Week Range$20.34 - $36.75
Volume195,275 shs
Average Volume231,387 shs
Market Capitalization$690.84 million
P/E Ratio8.57
Dividend YieldN/A
Beta0.92
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.96 billion
Cash Flow$3.7379 per share
Book Value$27.15 per share

Profitability

Net Income$72.08 million

Miscellaneous

Employees1,238
Market Cap$690.84 million
OptionableOptionable

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 declared that its board has authorized a stock repurchase program on Tuesday, August 14th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

How were M/I Homes' earnings last quarter?

M/I Homes Inc (NYSE:MHO) issued its quarterly earnings data on Wednesday, October, 24th. The construction company reported $1.03 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.03. The construction company earned $567.80 million during the quarter, compared to analysts' expectations of $552.54 million. M/I Homes had a net margin of 4.17% and a return on equity of 13.46%. The business's revenue for the quarter was up 19.2% on a year-over-year basis. During the same quarter last year, the company posted $0.71 EPS. View M/I Homes' Earnings History.

When is M/I Homes' next earnings date?

M/I Homes is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for M/I Homes.

What price target have analysts set for MHO?

2 Wall Street analysts have issued 1-year price objectives for M/I Homes' stock. Their predictions range from $30.00 to $32.00. On average, they expect M/I Homes' stock price to reach $31.00 in the next year. This suggests a possible upside of 25.8% 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.

Has M/I Homes been receiving favorable news coverage?

News headlines about MHO stock have been trending somewhat negative on Friday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. M/I Homes earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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

Who are M/I Homes' key executives?

M/I Homes' management team includes the folowing people:
  • Mr. Robert H. Schottenstein, Chairman, CEO & Pres (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)
  • Ms. Ann Marie W. Hunker, Chief Accounting Officer, VP & Corp. Controller
  • Mr. Kevin C. Hake, Sr. VP of Fin. & Bus. Devel. and Treasurer (Age 60)

Who are M/I Homes' major shareholders?

M/I Homes' stock is owned by a number of of institutional and retail investors. Top institutional investors include KCS Wealth Advisory (0.10%), Meeder Asset Management Inc. (0.04%) and Louisiana State Employees Retirement System (0.04%). 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 institutional investors are selling M/I Homes stock?

MHO stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. 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 institutional investors are buying M/I Homes stock?

MHO stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc. and KCS Wealth Advisory. 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 $24.65.

How big of a company is M/I Homes?

M/I Homes has a market capitalization of $690.84 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?

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:  2.2 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  314
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 1/18/2019 by MarketBeat.com Staff

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