MHO icon

M/I Homes

120.08 USD
-0.86
0.71%
At close Feb 6, 4:00 PM EST
After hours
120.08
+0.00
0.00%
1 day
-0.71%
5 days
-6.54%
1 month
-7.78%
3 months
-25.38%
6 months
-18.20%
Year to date
-8.12%
1 year
-0.75%
5 years
177.71%
10 years
480.38%
 

About: M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprise the most significant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.

Employees: 1,607

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

171% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 31

103% more call options, than puts

Call options by funds: $48.8M | Put options by funds: $24.1M

50% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]

40% more capital invested

Capital invested by funds: $3.2B [Q2] → $4.47B (+$1.27B) [Q3]

18% more funds holding

Funds holding: 290 [Q2] → 341 (+51) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 106

0.72% more ownership

Funds ownership: 94.47% [Q2] → 95.2% (+0.72%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$168
40%
upside
Avg. target
$168
40%
upside
High target
$168
40%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Raymond James
Buck Horne
23% 1-year accuracy
5 / 22 met price target
40%upside
$168
Strong Buy
Reiterated
30 Jan 2025

Financial journalist opinion

Based on 8 articles about MHO published over the past 30 days

Negative
Seeking Alpha
1 week ago
M/I Homes Earnings: Margin Pressure And Demand Challenges Mar The Outlook (Downgrade)
M/I Homes faces business challenges due to high mortgage rates, pressuring demand and margins forcing the use of rate buydowns as a key strategy. Q4 sequential results showed decelerating sales, increased rate buydowns, and gross margin compression, indicating potential challenges for 2025. The potential for rising land and labor costs, coupled with cautious share repurchase plans, add further pressure on MHO's future performance and investor sentiment.
M/I Homes Earnings: Margin Pressure And Demand Challenges Mar The Outlook (Downgrade)
Neutral
Seeking Alpha
1 week ago
M/I Homes, Inc. (MHO) Q4 2024 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q4 2024 Earnings Call January 29, 2025 10:30 AM ET Company Participants Phil Creek - Chief Financial Officer Bob Schottenstein - President and Chief Executive Officer Derek Klutch - President Conference Call Participants Alan Ratner - Zelman & Associates Ken Zener - Seaport Research Partners Buck Horne - Raymond James Jay McCanless - Wedbush Operator Good morning, ladies and gentlemen and welcome to the M/I Homes Fourth Quarter and Year End Earnings Conference Call. [Operator Instructions] This call is being recorded on Wednesday, January 29 of 2025.
M/I Homes, Inc. (MHO) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 week ago
M/I Homes (MHO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for M/I Homes (MHO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
M/I Homes (MHO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
1 week ago
M/I Homes (MHO) Q4 Earnings Lag Estimates
M/I Homes (MHO) came out with quarterly earnings of $4.71 per share, missing the Zacks Consensus Estimate of $4.83 per share. This compares to earnings of $3.66 per share a year ago.
M/I Homes (MHO) Q4 Earnings Lag Estimates
Neutral
PRNewsWire
1 week ago
M/I Homes Reports Fourth Quarter and Year-End Results
COLUMBUS, Ohio , Jan. 29, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for its fourth quarter and year ended December 31, 2024. 2024  Fourth Quarter Results: Record fourth quarter homes delivered and income New contracts increased 11% to 1,759 Homes delivered increased 19% to 2,402 Revenue of $1.2 billion, up 24% Pre-tax income of $171 million, up 24% Net income increased 27% to $133.5 million ($4.71 per diluted share) compared to $105 million ($3.66 per diluted share) in 2023 Repurchased $50 million of stock 2024  Full Year Results: Record homes delivered, revenue and income New contracts increased 8% to 8,584 Homes delivered increased 12% to 9,055 Revenue increased 12% to $4.5 billion Pre-tax income increased 21% to $734 million; 16% of revenue Net income increased 21% to $564 million ($19.71 per diluted share) Shareholders' equity reached an all-time record of $2.9 billion, a 17% increase from a year ago, with book value per share of $109 Repurchased $176 million of stock Return on equity of 21% Homebuilding debt to capital ratio of 19% compared to 22% at December 31, 2023 For the fourth quarter of 2024, the Company reported net income of $133.5 million, or $4.71 per diluted share, compared to net income of $105.3 million, or $3.66 per diluted share, for the fourth quarter of 2023.
M/I Homes Reports Fourth Quarter and Year-End Results
Negative
Zacks Investment Research
1 week ago
Here's Why M/I Homes (MHO) Fell More Than Broader Market
In the latest trading session, M/I Homes (MHO) closed at $135.50, marking a -0.76% move from the previous day.
Here's Why M/I Homes (MHO) Fell More Than Broader Market
Neutral
Zacks Investment Research
2 weeks ago
M/I Homes (MHO) Ascends But Remains Behind Market: Some Facts to Note
M/I Homes (MHO) reachead $137.68 at the closing of the latest trading day, reflecting a +0.48% change compared to its last close.
M/I Homes (MHO) Ascends But Remains Behind Market: Some Facts to Note
Neutral
Zacks Investment Research
4 weeks ago
M/I Homes (MHO) Exceeds Market Returns: Some Facts to Consider
In the most recent trading session, M/I Homes (MHO) closed at $127.88, indicating a +0.88% shift from the previous trading day.
M/I Homes (MHO) Exceeds Market Returns: Some Facts to Consider
Positive
Zacks Investment Research
1 month ago
Here's Why M/I Homes (MHO) Gained But Lagged the Market Today
M/I Homes (MHO) reachead $131.95 at the closing of the latest trading day, reflecting a +0.96% change compared to its last close.
Here's Why M/I Homes (MHO) Gained But Lagged the Market Today
Positive
Zacks Investment Research
1 month ago
Here's Why Investors Should Hold On to M/I Homes Stock for Now
The MHO stock benefits from favorable macro trends, driving the housing market amid persisting inflationary pressures. Dive in to know more about the affecting factors.
Here's Why Investors Should Hold On to M/I Homes Stock for Now
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