M/I Homes, Inc. (MHO)
NYSE: MHO · Real-Time Price · USD
156.19
+1.58 (1.02%)
Nov 21, 2024, 4:00 PM EST - Market closed
M/I Homes Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for M/I Homes stock have an average target of 197.5, with a low estimate of 185 and a high estimate of 210. The average target predicts an increase of 26.45% from the current stock price of 156.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for M/I Homes stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 1 | 1 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold → Buy Upgrades $185 | Hold → Buy | Upgrades | $185 | +18.45% | Nov 4, 2024 |
| Seaport Global | Seaport Global | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Aug 28, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $200 → $210 | Strong Buy | Maintains | $200 → $210 | +34.45% | Aug 2, 2024 |
| Raymond James | Raymond James | Strong Buy Initiates $200 | Strong Buy | Initiates | $200 | +28.05% | Jul 24, 2024 |
| Wedbush | Wedbush | Buy → Hold Downgrades $116 | Buy → Hold | Downgrades | $116 | -25.73% | Dec 18, 2023 |
Financial Forecast
Revenue This Year
4.47B
from 4.03B
Increased by 10.87%
Revenue Next Year
4.73B
from 4.47B
Increased by 5.77%
EPS This Year
20.04
from 16.21
Increased by 23.64%
EPS Next Year
21.23
from 20.04
Increased by 5.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.7B | 5.0B | 5.3B |
| Avg | 4.5B | 4.7B | 5.1B |
| Low | 4.3B | 4.5B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.2% | 12.3% | 11.1% |
| Avg | 10.9% | 5.8% | 6.9% |
| Low | 6.4% | -0.4% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.16 | 23.17 | 24.73 |
| Avg | 20.04 | 21.23 | 23.79 |
| Low | 18.87 | 19.84 | 23.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.5% | 15.6% | 16.5% |
| Avg | 23.6% | 5.9% | 12.0% |
| Low | 16.4% | -1.0% | 8.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.