M/I Homes, Inc. (MHO)

NYSE: MHO · Real-Time Price · USD
164.95
-9.29 (-5.33%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-5.33%
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]

IPO Date Oct 3, 1986
Employees 1,607
Stock Exchange NYSE
Ticker Symbol MHO
Full Company Profile

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 Statements

Analyst 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.

Price Target
$163.0
(-1.18% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

13 days ago - PRNewsWire

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.

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4 weeks ago - Forbes

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...

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4 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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.

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3 months ago - Benzinga

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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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 ...

6 months ago - Seeking Alpha

M/I Homes, Inc. (MHO) Q1 2024 Earnings Call Transcript

M/I Homes, Inc. (MHO) Q1 2024 Earnings Call Transcript

6 months ago - Seeking Alpha

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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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7 months ago - Kiplinger

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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...

8 months ago - Seeking Alpha

M/I Homes, Inc. (MHO) Q4 2023 Earnings Call Transcript

M/I Homes, Inc. (MHO) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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...

9 months ago - PRNewsWire

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...

9 months ago - Seeking Alpha

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 ...

10 months ago - PRNewsWire

Top 10 Stocks For 2024

As of December 31st, 2023, SA's Top 10 Quant Picks outperformed the S&P 500 by ~42.5%, with top picks including (SMCI) up 242%, (MOD) +196%, (MNSO) + 85%, and (PDD) +71%. SA's Quant strategy identifie...

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10 months ago - Seeking Alpha

The housing supply may not be able to keep up with demand next year, says Wedbush's Jay McCanless

Jay McCanless, Wedbush housing analyst, joins 'Power Lunch' to discuss the housing sector.

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10 months ago - CNBC Television

Black Friday Deals: 5 Best Value Stocks

Black Friday sales are in full swing, and discounted stocks can offer tremendous upside for the gift-giving season and New Year. Shopping for the best deals can include identifying mispriced stocks th...

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11 months ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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, ...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire