NYSE:MHOM/I Homes Stock Price, Forecast & News

M/I Homes' stock was trading at $27.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MHO stock has increased by 32.8% and is now trading at $36.80. View which stocks have been most impacted by Coronavirus.

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.

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

M/I Homes Inc (NYSE:MHO) posted its quarterly earnings results on Wednesday, April, 29th. The construction company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.71 by $0.38. The construction company earned $577.60 million during the quarter, compared to analysts' expectations of $511.80 million. M/I Homes had a return on equity of 14.93% and a net margin of 5.45%. The company's revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 earnings per share. View M/I Homes' earnings history.

M/I Homes announced that its Board of Directors has authorized a share repurchase program on Tuesday, August 14th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

2 Wall Street analysts have issued twelve-month price targets for M/I Homes' stock. Their forecasts range from $31.00 to $47.00. On average, they anticipate M/I Homes' share price to reach $39.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for M/I Homes.

Headlines about MHO stock have been trending positive recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, 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 gave media stories about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about M/I Homes.

Some companies that are related to M/I Homes include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other M/I Homes investors own include Alibaba Group (BABA), Boeing (BA), NVIDIA (NVDA), Verizon Communications (VZ), Intel (INTC), Tesla (TSLA), Baidu (BIDU), DexCom (DXCM), Altria Group (MO) and Lennar (LEN).

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

M/I Homes' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.32%), 6 Meridian (0.03%), Louisiana State Employees Retirement System (0.03%), Fortem Financial Group LLC (0.03%), Exchange Traded Concepts LLC (0.03%) and Diversified Trust Co (0.02%). 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.

MHO stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian. Company insiders that have sold M/I Homes company stock in the last year include J Thomas Mason, Phillip G Creek, and Robert H Schottenstein. View insider buying and selling activity for M/I Homes.

MHO stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Fortem Financial Group LLC, Exchange Traded Concepts LLC, Diversified Trust Co, and Dalton Greiner Hartman Maher & Co.. View insider buying and selling activity for 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.

One share of MHO stock can currently be purchased for approximately $36.80.

M/I Homes has a market capitalization of $1.05 billion 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.

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

M/I Homes' mailing address is 3 EASTON OVAL STE 500, COLUMBUS OH, 43219. The construction company can be reached via phone at 614-418-8000 or via email at [email protected]