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.
Industry, Sector and Symbol
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
Phone614-418-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.29 billion
Profitability
Miscellaneous
Employees1,359
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable
M/I Homes (NYSE:MHO) Frequently Asked Questions
What is M/I Homes' stock symbol?
M/I Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHO."
How will M/I Homes' stock buyback program work?
M/I Homes declared that its board has authorized a share repurchase program on Tuesday, August 14th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.
How were M/I Homes' earnings last quarter?
M/I Homes Inc (NYSE:MHO) posted its quarterly earnings results on Wednesday, April, 24th. The construction company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The construction company had revenue of $481.10 million for the quarter, compared to the consensus estimate of $475.56 million. M/I Homes had a net margin of 4.61% and a return on equity of 13.64%. The business's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 EPS. View M/I Homes' Earnings History.
When is M/I Homes' next earnings date?
What price target have analysts set for MHO?
2 analysts have issued 1-year price targets for M/I Homes' stock. Their predictions range from $29.00 to $30.00. On average, they anticipate M/I Homes' share price to reach $29.50 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for M/I Homes.
What is the consensus analysts' recommendation for 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M/I Homes.
Has M/I Homes been receiving favorable news coverage?
Media headlines about MHO stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. M/I Homes earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of M/I Homes' key competitors?
Some companies that are related to M/I Homes include KB Home (KBH), Taylor Morrison Home (TMHC), Meritage Homes (MTH), M.D.C. (MDC), TRI Pointe Group (TPH), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), Green Brick Partners (GRBK), Beazer Homes USA (BZH), New Home (NWHM), Hovnanian Enterprises (HOV), Comstock Holding Companies (CHCI) and AV Homes (AVHI).
What other stocks do shareholders of M/I Homes own?
Who are M/I Homes' key executives?
M/I Homes' management team includes the folowing 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)
Who are M/I Homes' major shareholders?
M/I Homes' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.89%), Donald Smith & CO. Inc. (8.00%), Dimensional Fund Advisors LP (7.39%), Walthausen & Co. LLC (1.56%), Royce & Associates LP (1.55%) and FMR LLC (1.50%). 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.
Which major investors are selling M/I Homes stock?
MHO stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Donald Smith & CO. Inc., Morgan Stanley, Tocqueville Asset Management L.P., Q Global Advisors LLC, Foundry Partners LLC, JPMorgan Chase & Co. and Walthausen & Co. LLC. Company insiders that have sold M/I Homes company stock in the last year include Ann Marie Hunker, J Thomas Mason, Phillip G Creek and Robert H Schottenstein. View Insider Buying and Selling for M/I Homes.
Which major investors are buying M/I Homes stock?
MHO stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Huntington National Bank, Seacliff Capital LLC, Acadian Asset Management LLC, Charles Schwab Investment Management Inc., Geode Capital Management LLC and SEI Investments Co. View Insider Buying and Selling for M/I Homes.
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, Scottrade, Fidelity and Charles Schwab.
What is M/I Homes' stock price today?
One share of MHO stock can currently be purchased for approximately $29.34.
How big of a company is M/I Homes?
M/I Homes has a market capitalization of $808.02 million and generates $2.29 billion in revenue each year. The construction company earns $107.66 million in net income (profit) each year or $4.03 on an earnings per share basis. M/I Homes employs 1,359 workers across the globe.
What is M/I Homes' official website?
How can I contact M/I Homes?
M/I Homes' mailing address is 3 EASTON OVAL SUITE 500, COLUMBUS OH, 43219. The construction company can be reached via phone at 614-418-8000 or via email at [email protected]
MarketBeat Community Rating for M/I Homes (NYSE MHO)
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.
