NYSE:MHO

M/I Homes Stock Forecast, Price & News

$48.66

-3.96 (-7.53 %)

(As of 02/25/2021 12:00 AM ET)

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Today's Range

$48.44

Now: $48.66▼

$52.32

50-Day Range

$44.01

MA: $50.48▼

$56.63

52-Week Range

$9.62

Now: $48.66▼

$57.66

Volume427,173 shs

Average Volume327,809 shs

Market Capitalization$1.42 billion

P/E Ratio7.02

Dividend YieldN/A

Beta2.11

M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Michigan, Minnesota, North Carolina, Florida, and Texas, the United States. The company operates through Northern Homebuilding, Southern 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, as well as Hans Hagen brand is used in older communities. 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 founded in 1976 and is based in Columbus, Ohio.

Headlines

National homebuilder M/I Homes to develop residential project in Monroe
February 23, 2021 | bizjournals.com

M/I Homes: Home Construction On Discount
February 14, 2021 | seekingalpha.com

M/I Homes, Inc. (MHO) CEO Robert Schottenstein on Q4 2020 Results - Earnings Call Transcript
February 4, 2021 | seekingalpha.com

M/I Homes Inc (MHO) Q4 2020 Earnings Call Transcript
February 2, 2021 | fool.com

M/I Homes sees surge in 2020 despite lockdown halt
February 2, 2021 | bizjournals.com

M/I Homes EPS beats by $0.53, misses on revenue
February 2, 2021 | seekingalpha.com

A Preview Of M/I Homes's Earnings
February 1, 2021 | benzinga.com

M/I Homes proposes 133-lot residential development in Huntersville
January 25, 2021 | bizjournals.com

How to trade M/i Homes $MHO With Risk Controls
January 22, 2021 | marketwatch.com

M/I Homes Stock Sits On Solid Foundation With 80 RS Rating
January 21, 2021 | finance.yahoo.com

Is M/I Homes, Inc.'s(NYSE:MHO) Recent Stock Performance Tethered To Its Strong Fundamentals?
January 21, 2021 | finance.yahoo.com

Should Value Investors Pick M/I Homes (MHO) Stock Right Now?
January 19, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Operative builders

Sub-IndustryHomebuilding

SectorConstruction

Current SymbolNYSE:MHO

Previous Symbol

CUSIP55305B10

CIK799292

Webwww.mihomes.com

Phone614-418-8000

Employees1,401

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.67

Current Ratio5.47

Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio7.02

Forward P/E Ratio5.77

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.50 billion

Price / Sales0.57

Cash Flow$5.91 per share

Price / Cash Flow8.23

Book Value$36.40 per share

Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)$4.63

Net Income$127.59 million

Net Margins6.99%

Return on Equity19.06%

Return on Assets9.07%

Miscellaneous

Outstanding Shares29,110,000

Market Cap$1.42 billion

Next Earnings Date5/5/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.25 out of 5 stars

Construction Sector

101st out of 206 stocks

Operative Builders Industry

15th out of 19 stocks

1.3 Analyst's Opinion

Consensus Rating
M/I Homes has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $47.00, M/I Homes has a forecasted downside of 3.4% from its current price of $48.66.
Amount of Analyst Coverage
M/I Homes has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
M/I Homes has received 201 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
M/I Homes has received 278 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
M/I Homes has received 58.04% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
M/I Homes does not currently pay a dividend.
Dividend Growth
M/I Homes does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $2,981,753.00 in company stock.
Percentage Held by Insiders
Only 3.20% of the stock of M/I Homes is held by insiders.
Percentage Held by Institutions
96.12% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for M/I Homes are expected to decrease by -21.33% in the coming year, from $8.44 to $6.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of M/I Homes is 7.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of M/I Homes is 7.02, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 30.26.
Price to Book Value per Share Ratio
M/I Homes has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$48.66

-3.96 (-7.53 %)

(As of 02/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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M/I Homes (NYSE:MHO) Frequently Asked Questions

Is M/I Homes a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M/I Homes in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" M/I Homes stock.
View analyst ratings for M/I Homes or view top-rated stocks.

What stocks does MarketBeat like better than M/I Homes?

Wall Street analysts have given M/I Homes a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but M/I Homes wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is M/I Homes' next earnings date?

M/I Homes is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for M/I Homes.

How were M/I Homes' earnings last quarter?

M/I Homes, Inc. (NYSE:MHO) issued its quarterly earnings data on Tuesday, February, 2nd. The construction company reported $2.95 EPS for the quarter, topping the consensus estimate of $2.43 by $0.52. The construction company earned $906.20 million during the quarter, compared to the consensus estimate of $961.99 million. M/I Homes had a trailing twelve-month return on equity of 19.06% and a net margin of 6.99%. The company's quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.44 EPS.
View M/I Homes' earnings history.

How has M/I Homes' stock been impacted by COVID-19?

M/I Homes' stock was trading at $27.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MHO stock has increased by 75.6% and is now trading at $48.66.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MHO?

2 brokers have issued twelve-month price objectives for M/I Homes' stock. Their forecasts range from $47.00 to $47.00. On average, they anticipate M/I Homes' share price to reach $47.00 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for M/I Homes or view top-rated stocks among Wall Street analysts.

Who are M/I Homes' key executives?

M/I Homes' management team includes the following people:

Mr. Robert H. Schottenstein, Chairman, Pres & CEO (Age 68, Pay $3.7M)
Mr. Phillip G. Creek, Exec. VP, CFO & Director (Age 68, Pay $1.85M)
Mr. J. Thomas Mason, Exec. VP, Sec., Chief Legal Officer & Director (Age 64, Pay $1.33M)
Mr. Kevin C. Hake, Sr. VP of Fin. & Bus. Devel. and Treasurer (Age 62)
Mr. Fred J. Sikorski, Region Pres of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions (Age 66)
Mr. Thomas W. Jacobs, Region Pres, Austin, Dallas, Houston, San Antonio, Chicago, Minneapolis & St. Paul Divisions (Age 55)
Ms. Ann Marie W. Hunker, VP & Corp. Controller
Mr. Derek J. Klutch, Pres & CEO of M/I Financial (Age 57)

What is Robert H. Schottenstein's approval rating as M/I Homes' CEO?

31 employees have rated M/I Homes CEO Robert H. Schottenstein on Glassdoor.com. Robert H. Schottenstein has an approval rating of 69% among M/I Homes' employees.

Who are some of M/I Homes' key competitors?

Some companies that are related to M/I Homes include D.R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), Tri Pointe Homes (TPH), Cavco Industries (CVCO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).
View all of MHO's 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 Alibaba Group (BABA), The 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 BlackRock Inc. (16.94%), Dimensional Fund Advisors LP (6.86%), Donald Smith & CO. Inc. (3.86%), Northern Trust Corp (1.53%), Towle & Co. (1.47%) and Bank of New York Mellon Corp (1.34%). 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 major investors are selling M/I Homes stock?

MHO stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Schroder Investment Management Group, Morgan Stanley, Crown Advisors Management Inc., Towle & Co., Dalton Greiner Hartman Maher & Co., Gratia Capital LLC, and ClariVest Asset Management LLC. 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 or view top insider-selling stocks.

Which major investors are buying M/I Homes stock?

MHO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Nordea Investment Management AB, Renaissance Technologies LLC, Healthcare of Ontario Pension Plan Trust Fund, Bank of New York Mellon Corp, Barclays PLC, Canada Pension Plan Investment Board, and Hsbc Holdings PLC.
View insider buying and selling activity for M/I Homes or or view top insider-buying stocks.

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 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 $48.66.

How much money does M/I Homes make?

M/I Homes has a market capitalization of $1.42 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.

How many employees does M/I Homes have?

M/I Homes employs 1,401 workers across the globe.

What is M/I Homes' official website?

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

Where are M/I Homes' headquarters?

M/I Homes is headquartered at 4131 WORTH AVENUE STE 500, COLUMBUS OH, 43219.

How can I contact M/I Homes?

M/I Homes' mailing address is 4131 WORTH AVENUE STE 500, COLUMBUS OH, 43219. The construction company can be reached via phone at 614-418-8000 or via email at [email protected]

This page was last updated on 2/25/2021 by MarketBeat.com Staff

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