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

$32.10
-0.64 (-1.95 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$32.00
Now: $32.10
$34.20
50-Day Range
$24.65
MA: $32.79
$36.67
52-Week Range
$9.62
Now: $32.10
$48.02
Volume213,935 shs
Average Volume325,379 shs
Market Capitalization$915.49 million
P/E Ratio6.51
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, 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.65 out of 5 stars


Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
CUSIP55305B10
Phone614-418-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.50 billion
Cash Flow$5.36 per share
Book Value$36.40 per share

Profitability

Net Income$127.59 million

Miscellaneous

Employees1,401
Market Cap$915.49 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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

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

M/I Homes' stock was trading at $27.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MHO stock has increased by 15.8% and is now trading at $32.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for M/I Homes.

When is M/I Homes' next earnings date?

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.

How were M/I Homes' earnings last quarter?

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

How will M/I Homes' stock buyback program work?

M/I Homes declared that its Board of Directors has initiated a stock buyback plan on Tuesday, August 14th 2018, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its shares are undervalued.

What price target have analysts set for MHO?

2 brokers have issued twelve-month target prices for M/I Homes' shares. Their forecasts range from $31.00 to $50.00. On average, they expect M/I Homes' share price to reach $40.50 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for M/I Homes.

Has M/I Homes been receiving favorable news coverage?

News headlines about MHO stock have been trending neutral on Sunday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. 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 0.5 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the next several days. View the latest news about M/I Homes.

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 Alibaba Group (BABA), Boeing (BA), NVIDIA (NVDA), Verizon Communications (VZ), Intel (INTC), Tesla (TSLA), Baidu (BIDU), DexCom (DXCM), Altria Group (MO) and Lennar (LEN).

Who are M/I Homes' key executives?

M/I Homes' management team includes the following 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)

What is M/I Homes' stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is M/I Homes' stock price today?

One share of MHO stock can currently be purchased for approximately $32.10.

How big of a company is M/I Homes?

M/I Homes has a market capitalization of $915.49 million 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.

What is M/I Homes' official website?

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

How can I contact M/I Homes?

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]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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