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. $60.78 +0.74 (+1.23%) (As of 03/22/2023 02:33 PM ET) Add Compare Share Share Today's Range$59.08▼$61.4350-Day Range$52.57▼$63.2152-Week Range$34.33▼$64.68Volume92,468 shsAverage Volume308,563 shsMarket Capitalization$1.68 billionP/E Ratio3.52Dividend YieldN/APrice Target$73.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media M/I Homes MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside20.1% Upside$73.00 Price TargetShort InterestHealthy2.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.53Based on 4 Articles This WeekInsider TradingSelling Shares$2.40 M Sold Last QuarterProj. Earnings Growth10.07%From $11.12 to $12.24 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.2.42 out of 5 starsConstruction Sector36th out of 105 stocksOperative Builders Industry5th out of 17 stocks 2.5 Analyst's Opinion Consensus RatingM/I Homes has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.00, M/I Homes has a forecasted upside of 20.1% from its current price of $60.78.Amount of Analyst CoverageM/I Homes has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.62% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in M/I Homes has recently increased by 2.48%, indicating that investor sentiment is decreasing. 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 2.5 News and Social Media Coverage News SentimentM/I Homes has a news sentiment score of 0.53. 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 0.42 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for M/I Homes this week, compared to 1 article on an average week.Search InterestOnly 15 people have searched for MHO on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added M/I Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, M/I Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,404,310.00 in 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 3.1 Earnings and Valuation Earnings GrowthEarnings for M/I Homes are expected to grow by 10.07% in the coming year, from $11.12 to $12.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of M/I Homes is 3.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.27.Price to Earnings Ratio vs. SectorThe P/E ratio of M/I Homes is 3.52, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.61.Price to Book Value per Share RatioM/I Homes has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued 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 Homebuilding and Financial Services segments. The Homebuilding segment includes Northern and Southern Homebuilding which 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 offers 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 HeadlinesMarch 17, 2023 | seekingalpha.comM/I Homes: Shows Financial Strength Through Its Diversified OfferingsMarch 16, 2023 | seekingalpha.comM/I Homes: Limited Incentive To Get On Board At This JunctureMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 16, 2023 | americanbankingnews.comM/I Homes (NYSE:MHO) Earns Strong-Buy Rating from Analysts at StockNews.comFebruary 23, 2023 | seekingalpha.comMHO M/I Homes, Inc.February 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 EstimatesJanuary 25, 2023 | finance.yahoo.comM/I Homes, Inc. Announces Entry into Fort Myers/Naples MarketMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. January 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 homelessJanuary 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 CharlotteSee 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 Earnings10/27/2021Today3/22/2023Next 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) 418-8000Fax614-573-7172Employees1,663Year FoundedN/APrice Target and Rating Average Stock Price Forecast$73.00 High Stock Price Forecast$73.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside+20.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$17.27 Trailing P/E Ratio3.50 Forward P/E Ratio5.44 P/E GrowthN/ANet Income$490.66 million Net Margins11.88% Pretax Margin15.38% Return on Equity26.80% Return on Assets14.31% Debt Debt-to-Equity Ratio0.45 Current Ratio5.66 Quick Ratio0.93 Sales & Book Value Annual Sales$4.13 billion Price / Sales0.41 Cash Flow$19.58 per share Price / Cash Flow3.09 Book Value$75.49 per share Price / Book0.80Miscellaneous Outstanding Shares27,668,000Free Float26,672,000Market Cap$1.67 billion OptionableOptionable Beta1.88 Key ExecutivesRobert H. SchottensteinChairman, President & Chief Executive OfficerPhillip G. CreekChief Financial Officer, Director & Executive VPSusan E. KrohneSecretary, Chief Legal Officer & Senior VPAnn Marie W. HunkerChief Accounting Officer, VP & ControllerChloe FirebaughDirector-Land AcquisitionKey CompetitorsTri Pointe HomesNYSE:TPHM.D.C.NYSE:MDCBeazer Homes USANYSE:BZHKB HomeNYSE:KBHMeritage HomesNYSE:MTHView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 11,287 shares on 2/28/2023Ownership: 0.048%Teachers Retirement System of The State of KentuckySold 1,708 shares on 2/22/2023Ownership: 0.031%DGS Capital Management LLCBought 4,967 shares on 2/21/2023Ownership: 0.018%Robert H SchottensteinSold 8,500 sharesTotal: $501,500.00 ($59.00/share)III Capital ManagementBought 11,250 shares on 2/16/2023Ownership: 0.205%View All Insider TransactionsView All Institutional Transactions MHO Stock - Frequently Asked Questions Should I buy or sell M/I Homes stock right now? 1 Wall Street 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 analysts is that investors should "buy" MHO shares. View MHO analyst ratings or view top-rated stocks. What is M/I Homes' stock price forecast for 2023? 1 equities research analysts have issued 12-month price objectives for M/I Homes' shares. Their MHO share price forecasts range from $73.00 to $73.00. On average, they anticipate the company's share price to reach $73.00 in the next twelve months. This suggests a possible upside of 21.6% 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 at the beginning of the year. Since then, MHO shares have increased by 30.0% and is now trading at $60.04. View the best growth stocks for 2023 here. 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) announced its quarterly earnings results on Wednesday, October, 27th. The construction company reported $3.03 EPS for the quarter, missing the consensus estimate of $3.47 by $0.44. The construction company had revenue of $904.32 million for the quarter, compared to the consensus estimate of $975.60 million. M/I Homes had a trailing twelve-month return on equity of 26.80% and a net margin of 11.88%. During the same quarter in the prior year, the business earned $2.51 EPS. What ETFs hold M/I Homes' stock? 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), Qraft AI-Enhanced Next Value ETF (NVQ), Amplify Inflation Fighter ETF (IWIN), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), iShares U.S. Home Construction ETF (ITB), First Trust Small Cap Value AlphaDEX Fund (FYT) and iShares US Small Cap Value Factor ETF (SVAL). 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 variety of retail and institutional investors. Top institutional investors include Donald Smith & CO. Inc. (7.60%), Franklin Resources Inc. (5.76%), Dimensional Fund Advisors LP (4.98%), Geode Capital Management LLC (1.78%), Charles Schwab Investment Management Inc. (1.67%) and Assenagon Asset Management S.A. (1.65%). 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 $60.04. How much money does M/I Homes make? M/I Homes (NYSE:MHO) has a market capitalization of $1.66 billion and generates $4.13 billion in revenue each year. The construction company earns $490.66 million in net income (profit) each year or $17.27 on an earnings per share basis. How many employees does M/I Homes have? The company employs 1,663 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 3/22/2023 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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