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 shares have increased by 18.3% and is now trading at $32.78. 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) released its quarterly earnings results on Wednesday, April, 29th. The construction company reported $1.09 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.38. The construction company had revenue of $577.60 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.63 earnings per share. View M/I Homes' earnings history.

M/I Homes announced that its Board of Directors has initiated a share repurchase program on Tuesday, August 14th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

2 brokerages have issued twelve-month price objectives for M/I Homes' stock. Their forecasts range from $31.00 to $50.00. On average, they anticipate M/I Homes' share price to reach $40.50 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price. View analysts' price targets for M/I Homes.

News coverage about MHO stock has been trending negative recently, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. M/I Homes earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. 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 investors include 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 bought by a variety of institutional investors in the last quarter, including Diversified Trust 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 $32.78.

M/I Homes has a market capitalization of $934.89 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.

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]