NYSE:MHO M/I Homes - MHO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding M/I Homes, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $62.25 +1.34 (+2.20%) (As of 02/2/2023 10:04 AM ET) Add Compare Share Share Today's Range$61.70▼$62.4750-Day Range$43.32▼$60.9152-Week Range$34.33▼$62.47Volume20,199 shsAverage Volume271,695 shsMarket Capitalization$1.71 billionP/E Ratio3.78Dividend YieldN/APrice Target$63.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media M/I Homes MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside3.4% Upside$63.00 Price TargetShort InterestHealthy2.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.82Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-31.84%From $16.77 to $11.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.44 out of 5 starsConstruction Sector99th out of 106 stocksOperative Builders Industry16th out of 16 stocks 0.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $63.00, M/I Homes has a forecasted upside of 3.4% from its current price of $60.91.Amount of Analyst CoverageM/I Homes has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.50% of the float of M/I Homes has been sold short.Short Interest Ratio / Days to CoverM/I Homes has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in M/I Homes has recently decreased by 17.06%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldM/I Homes does not currently pay a dividend.Dividend GrowthM/I Homes does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MHO. Previous Next 3.8 News and Social Media Coverage News SentimentM/I Homes has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 7 news articles for M/I Homes this week, compared to 1 article on an average week.Search Interest4 people have searched for MHO on MarketBeat in the last 30 days. MarketBeat Follows5 people have added M/I Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, M/I Homes insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.60% of the stock of M/I Homes is held by insiders.Percentage Held by Institutions92.42% of the stock of M/I Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for M/I Homes are expected to decrease by -31.84% in the coming year, from $16.77 to $11.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of M/I Homes is 3.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.80.Price to Earnings Ratio vs. SectorThe P/E ratio of M/I Homes is 3.70, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.36.Price to Book Value per Share RatioM/I Homes has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About M/I Homes (NYSE:MHO) StockM/I Homes, Inc. engages in the construction and development of residential properties. It operates through the following business segments: Homebuilding and Financial Services. The Homebuilding segment designs, markets, constructs and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers. The Financial Services segment offer mortgage banking services to homebuyers. The company was founded by Irving Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.Read More Receive MHO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M/I Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address MHO Stock News HeadlinesFebruary 2, 2023 | seekingalpha.comMiller Value Partners Deep Value Strategy Q4 2022 LetterFebruary 1, 2023 | finance.yahoo.comM/I Homes (MHO) Tops Q4 Earnings and Revenue EstimatesFebruary 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 30, 2023 | americanbankingnews.comM/I Homes (MHO) to Release Earnings on WednesdayJanuary 25, 2023 | finance.yahoo.comM/I Homes, Inc. Announces Entry into Fort Myers/Naples MarketJanuary 20, 2023 | msn.comI’m a retired mom, and want to buy an apartment in New Jersey with my daughter. Should we sell her home and buy now — or sell and wait for houses prices to fall?January 13, 2023 | marketwatch.comM/i Homes MHO Pivots Trading Plans and Risk ControlsJanuary 10, 2023 | msn.comDallas organization encourages Birmingham as it works to build 50 tiny homes for homelessFebruary 2, 2023 | PressReach (Ad)This Stock Has Room To RunAnalysts believe this stock's product demand could rise quickly in the next few years.January 8, 2023 | bizjournals.comThe most expensive homes sold in Jefferson County (Early December 2022)January 7, 2023 | msn.comCampaigners claim new homes will harm wildlifeJanuary 6, 2023 | seekingalpha.comM/I Homes: Thriving Despite Sectoral ChallengesJanuary 5, 2023 | seekingalpha.comM/I Homes: Still Building ValueJanuary 5, 2023 | seekingalpha.comM/I Homes: Undervalued Despite High Growth And A Great ProductJanuary 4, 2023 | seekingalpha.comM/I Homes: Customer Dissatisfaction Amidst A Bleak Outlook Poses Major ThreatJanuary 3, 2023 | msn.com'This is a blessing to me' | Resident living pallet homes at Pomona Park is thankful for the temporary housingJanuary 3, 2023 | finance.yahoo.comOhio homebuilder proposes hundreds of homes for southern Durham CountyDecember 11, 2022 | finance.yahoo.comM/I Homes (NYSE:MHO) Is Very Good At Capital AllocationDecember 6, 2022 | msn.comHillsborough approves 188 homes behind Promenade shopping centerDecember 1, 2022 | msn.comChristmas Homes Tour benefits homeless shelterNovember 28, 2022 | msn.comGroundbreaking housing program to build more than 400 affordable homes in Winston-SalemOctober 27, 2022 | seekingalpha.comM/I Homes, Inc. (MHO) Q3 2022 Earnings Call TranscriptOctober 26, 2022 | msn.comM/I Homes: Q3 Earnings InsightsOctober 26, 2022 | bizjournals.comM/I Homes breaks ground on 279-unit townhome project in north CharlotteOctober 21, 2022 | seekingalpha.comM/I Homes Is A Worthy ShelterOctober 21, 2022 | seekingalpha.comM/I Homes: Long-Term Housing Shortage Guarantees GrowthOctober 12, 2022 | nasdaq.comM/I Homes (NYSE:MHO) shareholders have earned a 7.3% CAGR over the last five yearsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MHO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M/I Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address MHO Company Calendar Last Earnings10/27/2021Today2/02/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Operative builders Sub-IndustryHomebuilding SectorConstruction Current SymbolNYSE:MHO CUSIP55305B10 CIK799292 Webwww.mihomes.com Phone(614) 418-8000Fax614-573-7172Employees1,657Year FoundedN/APrice Target and Rating Average Stock Price Forecast$63.00 High Stock Price Forecast$63.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside+1.2%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$16.45 Trailing P/E Ratio3.78 Forward P/E Ratio3.71 P/E GrowthN/ANet Income$396.87 million Net Margins11.94% Pretax Margin15.44% Return on Equity26.75% Return on Assets13.90% Debt Debt-to-Equity Ratio0.46 Current Ratio4.84 Quick Ratio0.37 Sales & Book Value Annual Sales$3.75 billion Price / Sales0.46 Cash Flow$15.04 per share Price / Cash Flow4.14 Book Value$55.81 per share Price / Book1.12Miscellaneous Outstanding Shares27,430,000Free Float26,442,000Market Cap$1.71 billion OptionableOptionable Beta1.89 Key ExecutivesRobert H. SchottensteinChairman, President & Chief Executive OfficerPhillip G. CreekChief Financial Officer, Director & Executive VPSusan E. KrohneSecretary, Chief Legal Officer & Senior VPKevin C. HakeTreasurer & Senior Vice PresidentAnn Marie W. HunkerChief Accounting Officer, VP & ControllerKey CompetitorsTri Pointe HomesNYSE:TPHM.D.C.NYSE:MDCBeazer Homes USANYSE:BZHKB HomeNYSE:KBHMeritage HomesNYSE:MTHView All CompetitorsInsiders & InstitutionsJanney Montgomery Scott LLCSold 1,005 shares on 2/1/2023Ownership: 0.029%Zurcher Kantonalbank Zurich Cantonalbank Bought 1,123 shares on 2/1/2023Ownership: 0.022%New York State Common Retirement FundBought 3,178 shares on 1/30/2023Ownership: 0.262%Cubic Asset Management LLCSold 1,595 shares on 1/30/2023Ownership: 0.080%Versor Investments LPBought 11,700 shares on 1/30/2023Ownership: 0.043%View All Institutional Transactions MHO Stock - Frequently Asked Questions What is M/I Homes' stock price forecast for 2023? 0 brokers have issued twelve-month target prices for M/I Homes' shares. Their MHO share price forecasts range from $63.00 to $63.00. On average, they anticipate the company's share price to reach $63.00 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts price targets for MHO or view top-rated stocks among Wall Street analysts. How have MHO shares performed in 2023? M/I Homes' stock was trading at $46.18 on January 1st, 2023. Since then, MHO shares have increased by 34.8% and is now trading at $62.25. View the best growth stocks for 2023 here. Are investors shorting M/I Homes? M/I Homes saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 645,300 shares, a decrease of 17.1% from the December 31st total of 778,000 shares. Based on an average daily trading volume, of 195,900 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.5% of the company's stock are sold short. View M/I Homes' Short Interest. When is M/I Homes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our MHO earnings forecast. How were M/I Homes' earnings last quarter? M/I Homes, Inc. (NYSE:MHO) released its quarterly earnings results on Wednesday, October, 27th. The construction company reported $3.03 earnings per share (EPS) 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 analyst estimates of $975.60 million. M/I Homes had a net margin of 11.94% and a trailing twelve-month return on equity of 26.75%. During the same quarter last year, the business posted $2.51 earnings per share. What is Robert H. Schottenstein's approval rating as M/I Homes' CEO? 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. 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 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). What is M/I Homes' stock symbol? M/I Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHO." Who are M/I Homes' major shareholders? M/I Homes' stock is owned by a number of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (1.65%), Congress Asset Management Co. MA (0.45%), New York State Common Retirement Fund (0.26%), New York State Teachers Retirement System (0.23%), Cubic Asset Management LLC (0.08%) and SummerHaven Investment Management LLC (0.06%). Insiders that own company stock include Ann Marie Hunker, J Thomas Mason, Phillip G Creek and Robert H Schottenstein. View institutional ownership trends. How do I buy shares of M/I Homes? 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. Compare Top Brokerages Here. What is M/I Homes' stock price today? One share of MHO stock can currently be purchased for approximately $62.25. How much money does M/I Homes make? M/I Homes (NYSE:MHO) has a market capitalization of $1.71 billion and generates $3.75 billion in revenue each year. The construction company earns $396.87 million in net income (profit) each year or $16.45 on an earnings per share basis. How many employees does M/I Homes have? The company employs 1,657 workers across the globe. How can I contact M/I Homes? 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. This page (NYSE:MHO) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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