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

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$28.34 +0.55 (+1.98 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$27.79
Today's Range$28.05 - $28.45
52-Week Range$20.34 - $30.03
Volume3,131 shs
Average Volume215,075 shs
Market Capitalization$780.46 million
P/E Ratio7.02
Dividend YieldN/A
Beta1.16
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.

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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$2.29 billion
Cash Flow$4.6535 per share
Book Value$31.65 per share

Profitability

Net Income$107.66 million

Miscellaneous

Employees1,359
Market Cap$780.46 million
Next Earnings Date7/24/2019 (Estimated)
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 announced that its Board of Directors has authorized a stock buyback plan on Tuesday, August 14th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

How were M/I Homes' earnings last quarter?

M/I Homes Inc (NYSE:MHO) released its earnings results on Wednesday, April, 24th. The construction company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The construction company had revenue of $481.10 million for the quarter, compared to analyst estimates of $475.56 million. M/I Homes had a return on equity of 13.64% and a net margin of 4.61%. M/I Homes's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.66 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 Wednesday, July 24th 2019. View Earnings Estimates for M/I Homes.

What price target have analysts set for MHO?

2 brokers have issued twelve-month price objectives for M/I Homes' stock. Their predictions range from $29.00 to $30.00. On average, they expect M/I Homes' share price to reach $29.50 in the next twelve months. This suggests a possible upside of 4.1% 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 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M/I Homes.

Has M/I Homes been receiving favorable news coverage?

Press coverage about MHO stock has trended negative on Friday, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. M/I Homes earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

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 Boeing (BA), Ford Motor (F), General Electric (GE), Toll Brothers (TOL), First Solar (FSLR), Hawaiian (HA), Intel (INTC), NVIDIA (NVDA), Citigroup (C) and CVS Health (CVS).

Who are M/I Homes' key executives?

M/I Homes' management team includes the folowing 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)

Who are M/I Homes' major shareholders?

M/I Homes' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.89%), Donald Smith & CO. Inc. (8.00%), Dimensional Fund Advisors LP (7.39%), Walthausen & Co. LLC (1.56%), Royce & Associates LP (1.55%) and FMR LLC (1.50%). 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 institutional investors are selling M/I Homes stock?

MHO stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Donald Smith & CO. Inc., Morgan Stanley, Tocqueville Asset Management L.P., Q Global Advisors LLC, Foundry Partners LLC, JPMorgan Chase & Co. and Walthausen & Co. LLC. Company insiders that have sold M/I Homes company stock in the last year include Ann Marie Hunker, J Thomas Mason, 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Huntington National Bank, Seacliff Capital LLC, Acadian Asset Management LLC, Charles Schwab Investment Management Inc., Geode Capital Management LLC and SEI Investments Co. 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 $28.34.

How big of a company is M/I Homes?

M/I Homes has a market capitalization of $780.46 million and generates $2.29 billion in revenue each year. The construction company earns $107.66 million in net income (profit) each year or $4.03 on an earnings per share basis. M/I Homes employs 1,359 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:  151 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  351
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 5/24/2019 by MarketBeat.com Staff

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