Should I buy or sell M/I Homes stock right now?

1 Wall Street equities research 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 equities research 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 equities research analysts have issued 12-month target prices for M/I Homes' shares. Their MHO share price targets range from $116.00 to $116.00. On average, they anticipate the company's share price to reach $116.00 in the next twelve months. This suggests a possible upside of 4.8% 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 stock has decreased by 19.7% and is now trading at $110.66. View the best growth stocks for 2024 here .

When is M/I Homes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our MHO earnings forecast .

How can I listen to M/I Homes' earnings call?

M/I Homes will be holding an earnings conference call on Wednesday, April 24th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were M/I Homes' earnings last quarter?

M/I Homes, Inc. (NYSE:MHO) issued its quarterly earnings data on Wednesday, January, 31st. The construction company reported $3.66 EPS for the quarter, missing the consensus estimate of $4.94 by $1.28. The construction company earned $972.59 million during the quarter, compared to analysts' expectations of $1.19 billion. M/I Homes had a trailing twelve-month return on equity of 19.75% and a net margin of 11.54%.

What ETFs hold M/I Homes' stock?

ETFs with the largest weight of M/I Homes (NYSE:MHO) stock in their portfolio include The Acquirers Fund (ZIG) , Invesco Building & Construction ETF (PKB) , Amplify Inflation Fighter ETF (IWIN) , Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) , Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , Pacer US Small Cap Cash Cows 100 ETF (CALF) , SPDR S&P Homebuilders ETF (XHB) and Invesco S&P SmallCap Momentum ETF (XSMO) .

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 number of retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (0.17%), Los Angeles Capital Management LLC (0.04%), Allspring Global Investments Holdings LLC (0.02%), DGS Capital Management LLC (0.02%), AlphaMark Advisors LLC (0.01%) and Nvest Financial LLC (0.01%). Insiders that own company stock include Ann Marie Hunker , J Thomas Mason, Phillip G Creek and Robert H Schottenstein . 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 .

NYSE:MHO

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

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$110.66

-0.74 (-0.66%)

(As of 04/18/2024 ET)

Compare

Today's Range: $110.14
▼
$114.73
50-Day Range: $110.66
▼
$136.29
52-Week Range: $63.39
▼
$140.73

Volume: 265,319 shs
Average Volume: 243,755 shs
Market Capitalization: $3.07 billion

P/E Ratio: 6.81
Dividend Yield: N/A
Price Target: $116.00

Get M/I Homes alerts:

M/I Homes MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 4.8% Upside
$116.00 Price Target
Short Interest: Healthy
3.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.47
Based on 5 Articles This Week
Insider Trading: Selling Shares
$316,263 Sold Last Quarter
Proj. Earnings Growth: 6.24%
From $16.35 to $17.37 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.

1.20 out of 5 stars

Construction Sector

87th out of 100 stocks

Operative Builders Industry

16th out of 16 stocks

1.0

Analyst's Opinion

Consensus Rating
M/I Homes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
M/I Homes has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.17% of the float of M/I Homes has been sold short.
Short Interest Ratio / Days to Cover
M/I Homes has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in M/I Homes has recently decreased by 3.21%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
M/I Homes does not currently pay a dividend.
Dividend Growth
M/I Homes does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MHO.

2.5

News and Social Media Coverage

News Sentiment
M/I Homes has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for M/I Homes this week, compared to 3 articles on an average week.
Search Interest
6 people have searched for MHO on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 14 people have added M/I Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, M/I Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $316,263.00 in company stock.
Percentage Held by Insiders
Only 3.60% of the stock of M/I Homes is held by insiders.
Percentage Held by Institutions
95.14% of the stock of M/I Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for M/I Homes are expected to grow by 6.24% in the coming year, from $16.35 to $17.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of M/I Homes is 6.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of M/I Homes is 6.81, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 18.57.
Price to Book Value per Share Ratio
M/I Homes has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

MHO Stock News Headlines

April 17, 2024 | americanbankingnews.com

M/I Homes (MHO) to Release Quarterly Earnings on Wednesday

April 16, 2024 | finance.yahoo.com

Investors Will Want M/I Homes' (NYSE:MHO) Growth In ROCE To Persist

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 15, 2024 | benzinga.com

Here's How Much $1000 Invested In M/I Homes 10 Years Ago Would Be Worth Today

April 12, 2024 | investors.com

Homebuilder Rally Faces Reckoning As Stocks Bog Down — Should Investors Sell?

April 9, 2024 | seekingalpha.com

M/I Homes: 3 Reasons To Continue To Fade The Rally

April 9, 2024 | prnewswire.com

M/I Homes, Inc. Announces First Quarter Earnings Webcast

April 3, 2024 | msn.com

Nonprofit plans to build 450 affordable homes in new OKC development

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 1, 2024 | msn.com

How It Started... How It's Going: Homes have become less affordable since Biden took office

March 28, 2024 | finance.yahoo.com

The total return for M/I Homes (NYSE:MHO) investors has risen faster than earnings growth over the last five years

March 25, 2024 | benzinga.com

Here's How Much You Would Have Made Owning M/I Homes Stock In The Last 10 Years

March 22, 2024 | wsj.com

M/I Homes Inc.

March 18, 2024 | bizjournals.com

The Punch List: New projects from M/I Homes come at critical time for Central Ohio's housing market

March 14, 2024 | benzinga.com

Here's How Much You Would Have Made Owning M/I Homes Stock In The Last 15 Years

March 12, 2024 | bizjournals.com

M/I Homes to begin construction on 254-unit, single-family neighborhood in Pataskala

March 11, 2024 | msn.com

I'm building my dream smart home - here are the 5 things I decided on first

March 5, 2024 | seekingalpha.com

M/I Homes: There Are Better Alternatives In The Homebuilding Industry

February 23, 2024 | news.yahoo.com

Plan for 500-plus homes gets approval

February 20, 2024 | au.finance.yahoo.com

DHI Mar 2024 100.000 put

February 18, 2024 | ca.finance.yahoo.com

DHI Jun 2024 210.000 call

February 17, 2024 | msn.com

New Debt & Financing Risk for M/I Homes Inc – What’s the Latest?

February 10, 2024 | seekingalpha.com

M/I Homes Is Not A Good Buy Now

February 6, 2024 | news.yahoo.com

'Delight' after go-ahead for affordable homes

February 6, 2024 | benzinga.com

Here's How Much $100 Invested In M/I Homes 5 Years Ago Would Be Worth Today

February 6, 2024 | finance.yahoo.com

Donald Smith & Co. Adjusts Stake in M/I Homes Inc

February 1, 2024 | finance.yahoo.com

Q4 2023 M/I Homes Inc Earnings Call

See More Headlines

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Company Calendar

Last Earnings: 1/31/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Operative builders
Sub-Industry: Homebuilding
Current Symbol: NYSE:MHO
CUSIP: 55305B10
CIK: 799292
Web: www.mihomes.com
Phone: (614) 418-8000
Fax: 614-573-7172
Employees: 1,607
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $116.00
High Stock Price Target: $116.00
Low Stock Price Target: $116.00
Potential Upside/Downside: +4.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $16.24
Trailing P/E Ratio: 6.81
Forward P/E Ratio: 6.77
P/E Growth: N/A
Net Income: $465.36 million
Net Margins: 11.54%
Pretax Margin: 15.06%
Return on Equity: 19.75%
Return on Assets: 11.89%

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 6.84
Quick Ratio: 1.68

Sales & Book Value

Annual Sales: $4.03 billion
Price / Sales: 0.76
Cash Flow: $17.00 per share
Price / Cash Flow: 6.51
Book Value: $90.38 per share
Price / Book: 1.22

Miscellaneous

Outstanding Shares: 27,760,000
Free Float: 26,758,000
Market Cap: $3.07 billion
Optionable: Optionable
Beta: 2.13

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Key Executives

Mr. Robert H. Schottenstein (Age 71)
Chairman, President & CEO
Comp: $5.24M
Mr. Phillip G. Creek (Age 71)
Executive VP, CFO & Director
Comp: $2.89M
Ms. Susan E. Krohne (Age 51)
Senior VP, Chief Legal Officer & Secretary
Comp: $1.16M
Ms. Ann Marie W. Hunker
VP, Chief Accounting Officer & Corporate Controller
Mr. Kevin C. Hake (Age 65)
Senior Vice President of Finance & Business Development
Mr. Fred J. Sikorski (Age 69)
Region President of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions
Mr. Thomas W. Jacobs (Age 58)
Region President, Austin, Dallas, Houston, San Antonio, Chicago, Minneapolis & St. Paul Divisions
Kevin Brown
Area President
Mr. Derek J. Klutch (Age 59)
President & CEO of M/I Financial
Mark Kirkendall
VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MHO Stock Analysis - Frequently Asked Questions

Should I buy or sell M/I Homes stock right now?: 1 Wall Street equities research 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 equities research 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 equities research analysts have issued 12-month target prices for M/I Homes' shares. Their MHO share price targets range from $116.00 to $116.00. On average, they anticipate the company's share price to reach $116.00 in the next twelve months. This suggests a possible upside of 4.8% 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 stock has decreased by 19.7% and is now trading at $110.66.
View the best growth stocks for 2024 here.
When is M/I Homes' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our MHO earnings forecast.
How can I listen to M/I Homes' earnings call?: M/I Homes will be holding an earnings conference call on Wednesday, April 24th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were M/I Homes' earnings last quarter?: M/I Homes, Inc. (NYSE:MHO) issued its quarterly earnings data on Wednesday, January, 31st. The construction company reported $3.66 EPS for the quarter, missing the consensus estimate of $4.94 by $1.28. The construction company earned $972.59 million during the quarter, compared to analysts' expectations of $1.19 billion. M/I Homes had a trailing twelve-month return on equity of 19.75% and a net margin of 11.54%.

What ETFs hold M/I Homes' stock?: ETFs with the largest weight of M/I Homes (NYSE:MHO) stock in their portfolio include The Acquirers Fund (ZIG), Invesco Building & Construction ETF (PKB), Amplify Inflation Fighter ETF (IWIN), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Pacer US Small Cap Cash Cows 100 ETF (CALF), SPDR S&P Homebuilders ETF (XHB) and Invesco S&P SmallCap Momentum ETF (XSMO).
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 number of retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (0.17%), Los Angeles Capital Management LLC (0.04%), Allspring Global Investments Holdings LLC (0.02%), DGS Capital Management LLC (0.02%), AlphaMark Advisors LLC (0.01%) and Nvest Financial LLC (0.01%). Insiders that own company stock include Ann Marie Hunker, J Thomas Mason, Phillip G Creek and Robert H Schottenstein.
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 4/19/2024 by MarketBeat.com Staff

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