NYSE:MHO

M/I Homes (MHO) Stock Price, News & Analysis

$118.91
+2.57 (+2.21%)
(As of 05/2/2024 ET)
Today's Range
$115.00
$118.97
50-Day Range
$110.66
$136.29
52-Week Range
$65.58
$140.73
Volume
198,094 shs
Average Volume
273,180 shs
Market Capitalization
$3.30 billion
P/E Ratio
6.84
Dividend Yield
N/A
Price Target
$130.00

M/I Homes MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.8% Upside
$130.00 Price Target
Short Interest
Healthy
2.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of M/I Homes in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$3.76 M Sold Last Quarter
Proj. Earnings Growth
0.22%
From $18.18 to $18.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.92 out of 5 stars

Construction Sector

55th out of 94 stocks

Operative Builders Industry

8th out of 15 stocks

MHO stock logo

About M/I Homes Stock (NYSE:MHO)

M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, the company 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. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.

MHO Stock Price History

MHO Stock News Headlines

Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
M/I Homes (NYSE:MHO) Upgraded to "Strong-Buy" at StockNews.com
M/I Homes (NYSE:MHO) Shares Gap Up on Strong Earnings
M/I Homes (NYSE:MHO) Shares Gap Up After Strong Earnings
M/I Homes' (MHO) Neutral Rating Reaffirmed at Wedbush
M/I Homes Reports 2024 First Quarter Results
MI Homes Inc.
M-I Homes is about to announce its earnings — here's what to expect
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
5/02/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
55305B10
Employees
1,607
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$130.00
High Stock Price Target
$130.00
Low Stock Price Target
$130.00
Potential Upside/Downside
+9.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$465.36 million
Pretax Margin
15.97%

Debt

Sales & Book Value

Annual Sales
$4.03 billion
Cash Flow
$17.66 per share
Book Value
$95.09 per share

Miscellaneous

Free Float
26,725,000
Market Cap
$3.28 billion
Optionable
Optionable
Beta
2.16
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Key Executives


MHO Stock Analysis - 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 year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MHO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MHO, but not buy additional shares or sell existing shares.
View MHO analyst ratings
or view top-rated stocks.

What is M/I Homes' stock price target for 2024?

1 Wall Street research analysts have issued twelve-month target prices for M/I Homes' stock. Their MHO share price targets range from $130.00 to $130.00. On average, they anticipate the company's stock price to reach $130.00 in the next year. This suggests a possible upside of 9.8% 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 2024?

M/I Homes' stock was trading at $137.74 at the beginning of 2024. Since then, MHO shares have decreased by 14.1% and is now trading at $118.35.
View the best growth stocks for 2024 here
.

Are investors shorting M/I Homes?

M/I Homes saw a drop in short interest in April. As of April 15th, there was short interest totaling 722,400 shares, a drop of 17.1% from the March 31st total of 871,400 shares. Based on an average daily volume of 274,500 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.6% of the company's stock are short sold.
View M/I Homes' Short Interest
.

When is M/I Homes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
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, April, 24th. The construction company reported $4.78 earnings per share for the quarter, beating analysts' consensus estimates of $3.96 by $0.82. The construction company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. M/I Homes had a trailing twelve-month return on equity of 20.26% and a net margin of 12.27%.

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).

Who are M/I Homes' major shareholders?

M/I Homes' stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.56%), Nordea Investment Management AB (0.37%), New York State Teachers Retirement System (0.21%), Congress Asset Management Co. MA (0.17%), Assenagon Asset Management S.A. (0.14%) and BNP Paribas Financial Markets (0.08%). Insiders that own company stock include Ann Marie Hunker, J Thomas Mason, Phillip G Creek, Robert H Schottenstein and Susan E Krohne.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MHO) was last updated on 5/2/2024 by MarketBeat.com Staff

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