M/I Homes (MHO) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M/I Homes in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MHO shares.
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1 analysts have issued twelve-month price targets for M/I Homes' stock. Their MHO share price forecasts range from $73.00 to $73.00. On average, they expect the company's stock price to reach $73.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
View analysts price targets for MHO or view top-rated stocks among Wall Street analysts.

M/I Homes' stock was trading at $46.18 at the beginning of the year. Since then, MHO stock has increased by 54.5% and is now trading at $71.36.
View the best growth stocks for 2023 here.

M/I Homes saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 734,300 shares, a decrease of 5.2% from the March 31st total of 774,900 shares. Based on an average daily volume of 327,800 shares, the short-interest ratio is currently 2.2 days. Approximately 2.8% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our MHO earnings forecast.

M/I Homes, Inc. (NYSE:MHO) posted its earnings results on Wednesday, October, 27th. The construction company reported $3.03 earnings per share for the quarter, missing analysts' consensus estimates of $3.47 by $0.44. The construction company had revenue of $904.32 million for the quarter, compared to analysts' expectations of $975.60 million. M/I Homes had a trailing twelve-month return on equity of 25.76% and a net margin of 11.75%. During the same quarter in the prior year, the business earned $2.51 EPS.

ETFs with the largest weight of M/I Homes (NYSE:MHO) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Cambria Value and Momentum ETF (VAMO), Amplify Inflation Fighter ETF (IWIN), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Qraft AI-Enhanced Next Value ETF (NVQ), Roundhill Acquirers Deep Value ETF (DEEP) and Pacer US Small Cap Cash Cows 100 ETF (CALF).

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.

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).

M/I Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHO."

M/I Homes' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.61%), Donald Smith & CO. Inc. (7.40%), Dimensional Fund Advisors LP (4.88%), State Street Corp (4.30%), Franklin Resources Inc. (3.82%) and Arrowstreet Capital Limited Partnership (2.52%). Insiders that own company stock include Ann Marie Hunker, J Thomas Mason, Phillip G Creek and Robert H Schottenstein.
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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.
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One share of MHO stock can currently be purchased for approximately $71.36.

M/I Homes (NYSE:MHO) has a market capitalization of $1.99 billion and generates $4.13 billion in revenue each year. The construction company earns $490.66 million in net income (profit) each year or $17.75 on an earnings per share basis.

The company employs 1,663 workers across the globe.

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.