M/I Homes, Inc. (MHO)
Market Cap | 4.52B |
Revenue (ttm) | 4.18B |
Net Income (ttm) | 529.11M |
Shares Out | 27.41M |
EPS (ttm) | 18.33 |
PE Ratio | 9.00 |
Forward PE | 8.37 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 246,443 |
Open | 173.43 |
Previous Close | 174.24 |
Day's Range | 164.78 - 173.78 |
52-Week Range | 74.79 - 176.18 |
Beta | 2.23 |
Analysts | Buy |
Price Target | 163.00 (-1.18%) |
Earnings Date | Oct 30, 2024 |
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 $163.0, which is a decrease of -1.18% from the latest price.
News
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...
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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...
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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.
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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 ...
The housing supply may not be able to keep up with demand next year, says Wedbush's Jay McCanless
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M/I Homes Announces $100 million Increase to Share Repurchase Authorization
COLUMBUS, Ohio , Nov. 15, 2023 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced that its Board of Directors approved an increase in its share repurchase authorization by an additional $100 million...
M/I Homes, Inc. (MHO) Q3 2023 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q3 2023 Earnings Conference Call October 25, 2023 10:30 AM ET Company Participants Phillip Creek - EVP and CFO Robert Schottenstein - CEO and President Derek Klutch - President, ...
M/I Homes Reports 2023 Third Quarter Results
COLUMBUS, Ohio , Oct. 25, 2023 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for the three and nine months ended September 30, 2023. 2023 Third Quarter Highlights: New contracts increa...