M/I Homes, Inc. (MHO)
| Market Cap | 3.64B |
| Revenue (ttm) | 4.27B |
| Net Income (ttm) | 535.54M |
| Shares Out | 27.21M |
| EPS (ttm) | 18.62 |
| PE Ratio | 7.20 |
| Forward PE | 6.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 604,859 |
| Open | 135.25 |
| Previous Close | 136.40 |
| Day's Range | 133.73 - 138.45 |
| 52-Week Range | 109.92 - 176.18 |
| Beta | 2.26 |
| Analysts | Buy |
| Price Target | 197.50 (+47.42%) |
| Earnings Date | Jan 29, 2025 |
About 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 additio... [Read more]
Financial Performance
In 2023, M/I Homes's revenue was $4.03 billion, a decrease of -2.37% compared to the previous year's $4.13 billion. Earnings were $465.37 million, a decrease of -5.16%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MHO stock is "Buy." The 12-month stock price forecast is $197.5, which is an increase of 47.42% from the latest price.
News
M/I Homes Still Offers Attractive Upside For Investors
M/I Homes remains a strong 'buy' due to attractive pricing, robust market position, and positive long-term growth, despite a recent 3.5% pullback. The company is a leading homebuilder in the US, opera...
M/I Homes, Inc. Announces Fourth Quarter and Year-End Earnings Webcast
COLUMBUS, Ohio , Dec. 10, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What: M/I Homes, Inc. Announces Fourth Quarter and Year-End Webcast When: Janua...
M/I Homes: Riding The Housing Rebound With Strong Earnings And Growth Outlook
M/I Homes benefit from robust earnings, strategic market positioning, and favorable seasonality trends. Trading at a significant discount to sector peers, M/I Homes offers an appealing entry point for...
M/I Homes, Inc. (MHO) Q3 2024 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Phil Creek – Executive Vice President and Chief Financial Officer Bob Schottenstein – President...
M/I Homes Reports 2024 Third Quarter Results
COLUMBUS, Ohio , Oct. 30, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for the three and nine months ended September 30, 2024. 2024 Third Quarter Highlights: Record third quarte...
M/I Homes, Inc. Announces Third Quarter Earnings Webcast
COLUMBUS, Ohio , Oct. 8, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What: M/I Homes, Inc. Announces Third Quarter Webcast When: October 30, 2024 @ 10:00AM E...
Fed Goes Big! What Should You Buy NOW?
The Federal Reserve didn't just cut interest rates at its September meeting. It cut BIG, opting for a 50-basis point move.
Top 5 Stocks To Buy For The First Fed Rate Cut
The Federal Reserve cut interest rates for the first time in four years on Wednesday, signaling confidence that inflation was finally low enough to reverse its course. Homebuilders, Tech, and Financia...
M/I Homes: A Great Home For Your Cash
M/I Homes stock has outperformed the S&P 500 significantly since 2022 due to how cheap shares have been. Despite revenue and profit declines in 2023, the company saw improvements in backlog and profit...
M/I Homes, Inc. (MHO) Q2 2024 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q2 2024 Earnings Conference Call July 30, 2024 10:30 AM ET Company Participants Phil Creek - EVP and CFO Bob Schottenstein - President and CEO Derek Klutch - President, Mortgage ...
M/I Homes Reports 2024 Second Quarter Results
COLUMBUS, Ohio , July 30, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for the three and six months ended June 30, 2024. 2024 Second Quarter Highlights: Homes delivered increased...
Top 2 Consumer Stocks That May Fall Off A Cliff This Quarter
As of July 24, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
M/I Homes, Inc. Announces Second Quarter Earnings Webcast
COLUMBUS, Ohio , July 8, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What: M/I Homes, Inc. Announces Second Quarter Webcast When: July 30, 2024 @ 10:30AM Eas...
M/I Homes Announces $250 million Share Repurchase Authorization
COLUMBUS, Ohio , May 13, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may pu...
M/I Homes: Strong Foundations Will Allow It To Continue Growing
M/I Homes is a high-quality, customer-oriented business that targets the rapidly growing sustainable houses market. It offers high margins and a very profitable cash producing business. It is cheaply ...
M/I Homes, Inc. (MHO) Q1 2024 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q1 2024 Earnings Call Transcript
M/I Homes Reports 2024 First Quarter Results
COLUMBUS, Ohio , April 24, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for the three months ended March 31, 2024. 2024 First Quarter Highlights: New contracts increased 17% to 2...
M/I Homes, Inc. Announces First Quarter Earnings Webcast
COLUMBUS, Ohio , April 9, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announces the following Webcast: What: M/I Homes, Inc. Announces First Quarter Webcast When: April 24, 2024 @ 10:30AM Eastern...
Why These Homebuilders' Stock Buybacks Are Important for Investors
Strong housing demand makes homebuilders an ideal long-term investment. The fact that these four are actively buying back their stock only sweetens the pot.
Letting Winners Run - Steven Cress On Alpha Picks' Outperformance
Steven Cress discusses how Seeking Alpha's Alpha Picks portfolio has achieved a return of 114% compared to the S&P 500's 32% since its launch in July 2022. Alpha Picks is a quantamental portfolio that...
M/I Homes, Inc. (MHO) Q4 2023 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q4 2023 Earnings Call Transcript
M/I Homes Reports Fourth Quarter and Year-End Results
COLUMBUS, Ohio , Jan. 31, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for its fourth quarter and year ended December 31, 2023. 2023 Fourth Quarter Results: New contracts increa...
M/I Homes: Cheap Homebuilder Primed For Growth
M/I Homes revenue has grown at a CAGR of +16% while EBITDA is at +26%, as the demand/supply imbalance in the housing industry has widened. MHO has an attractive business model, underpinned by geograph...
M/I Homes, Inc. Announces Fourth Quarter & Year-End Earnings Webcast
COLUMBUS, Ohio , Jan. 10, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What: M/I Homes, Inc. Announces Fourth Quarter & Year-End Earnings Webcast When: January ...
