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
Current SymbolNYSE:MHO
Previous Symbol
CUSIP55305B10
Phone614-418-8000
Debt
Debt-to-Equity Ratio1.05
Current Ratio6.23
Quick Ratio0.50
Price-To-Earnings
Trailing P/E Ratio7.82
Forward P/E Ratio5.67
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.96 billion
Price / Sales0.32
Cash Flow$3.6542 per share
Price / Cash Flow6.16
Book Value$27.15 per share
Price / Book0.83
Profitability
EPS (Most Recent Fiscal Year)$2.88
Net Income$72.08 million
Net Margins4.17%
Return on Equity13.46%
Return on Assets5.51%
Miscellaneous
Employees1,238
Outstanding Shares27,920,000
Market Cap$644.48 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 of Directors has authorized a stock buyback 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 purchase up to 6.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were M/I Homes' earnings last quarter?
M/I Homes Inc (NYSE:MHO) announced its earnings results on Wednesday, October, 24th. The construction company reported $1.03 earnings per share for the quarter, meeting the Zacks' consensus estimate of $1.03. The construction company had revenue of $567.80 million for the quarter, compared to analyst estimates of $552.54 million. M/I Homes had a return on equity of 13.46% and a net margin of 4.17%. The firm's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period last year, the company posted $0.71 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 12-month price objectives for M/I Homes' shares. Their predictions range from $30.00 to $32.00. On average, they anticipate M/I Homes' share price to reach $31.00 in the next twelve months. This suggests a possible upside of 37.7% 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?
Headlines about MHO stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative 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 positive five, with scores nearest to five being the most favorable. M/I Homes earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the company's share price in the next few days.
Who are some of M/I Homes' key competitors?
Some companies that are related to M/I Homes include Taylor Morrison Home (TMHC), KB Home (KBH), TRI Pointe Group (TPH), M.D.C. (MDC), Meritage Homes (MTH), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM), Comstock Holding Companies (CHCI) and AV Homes (AVHI).
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. Paul S. Rosen, Sr. VP (Age 67)
Who are M/I Homes' major shareholders?
M/I Homes' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.29%), Dimensional Fund Advisors LP (7.32%), Donald Smith & CO. Inc. (7.27%), Vanguard Group Inc. (5.88%), Vanguard Group Inc (5.88%) and Franklin Resources Inc. (3.45%). 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 Franklin Resources Inc., Renaissance Technologies LLC, ClariVest Asset Management LLC, AQR Capital Management LLC, Nordea Investment Management AB, Allianz Asset Management GmbH, Victory Capital Management Inc. and Morgan Stanley. 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 acquired by a variety of institutional investors in the last quarter, including Towle & Co., Walthausen & Co. LLC, BlackRock Inc., Citadel Advisors LLC, Donald Smith & CO. Inc., Assenagon Asset Management S.A., Vanguard Group Inc and Vanguard Group Inc.. 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 $22.51.
How big of a company is M/I Homes?
M/I Homes has a market capitalization of $644.48 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?
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.
