Implied XSMO Analyst Target Price: $76
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
0mins
Should l Buy MHO?
Source: NASDAQ.COM
ETF Analyst Target Price Overview: The Invesco S&P SmallCap Momentum ETF (XSMO) has an implied analyst target price of $75.69, indicating a potential upside of 13.01% from its current trading price of $66.98.
Individual Holdings Analysis: Notable underlying holdings such as M/I Homes Inc, Innovative Industrial Properties Inc, and CoreCivic Inc show significant upside potential compared to their average analyst target prices, raising questions about the validity of these targets amidst market conditions.
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Analyst Views on MHO
Wall Street analysts forecast MHO stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 133.940
Low
155.00
Averages
168.33
High
185.00
Current: 133.940
Low
155.00
Averages
168.33
High
185.00
About MHO
M/I Homes, Inc. is a homebuilder of single-family homes. The Company's operations include homebuilding and financial services. The Company's homebuilding operations include the Northern and Southern regions. It designs, markets, constructs and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, and luxury buyers. Its homebuilding operations are also engaged in the sale of land and lots. The Company primarily constructs homes in planned development communities and mixed-use communities. It has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Fort Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina, and Nashville, Tennessee. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
M/I Homes Board Member Norman L. Traeger to Retire
- Board Member Retirement: M/I Homes announced that independent board member Norman L. Traeger will retire in May, concluding his distinguished service since 1997, highlighting the company's appreciation for his contributions.
- Leadership Praise: Chairman and CEO Robert H. Schottenstein commended Traeger's leadership and business acumen, emphasizing his significant impact on the company's success and growth, reflecting the company's commitment to valuing exceptional talent.
- Company Background: M/I Homes is one of the nation's leading single-family homebuilders, with operations spanning multiple states including Ohio, Indiana, and Illinois, showcasing its extensive influence in the residential market.
- Forward-Looking Statements: The press release includes forward-looking statements that underscore various risks and uncertainties the company faces, advising investors to consider factors such as economic conditions, interest rates, and market competition that could affect future performance.
See More
M/I Homes CFO Sells 11,000 Shares in Derivative Transaction
- Executive Transaction Overview: Phillip G. Creek, CFO of M/I Homes, executed a derivative transaction selling 11,000 common shares between January 30 and February 2, 2026, for approximately $1.5 million, indicating proactive management of his stock holdings.
- Transaction Scale Analysis: The sale of 11,000 shares is notably larger than Creek's recent median of 5,894 shares sold in the last 15 events, suggesting a trend towards larger trades as share capacity diminishes.
- Impact on Holdings: Following the transaction, Creek's direct holdings fell to 27,071 shares, representing just 9.4% of his direct ownership and approximately 0.10% of the company's outstanding shares, which may limit his capacity for future sales.
- Market Environment Outlook: Despite M/I Homes' middling performance with a 6.2% return over the past year, the ongoing housing shortage in the U.S. and potential interest rate cuts could signal strong demand, attracting more buyers in the future.
See More
M/I Homes (MHO.US) Officer Plans to Sell $3.46 Million in Common Stock via Form 144
Stock Sale Announcement: Schottenstein Robert intends to sell 24,000 shares of its common stock on February 18, with a total market value of approximately $3.46 million.
Reduction in Shareholding: Schottenstein Robert has reduced its shareholding in M/I Homes by 34,974 shares since February 10, 2026, with a total value of approximately $5.09 million.
See More
M/I Homes Reports Strong 2025 Earnings Amid Market Challenges
- Performance Highlights: M/I Homes delivered 8,921 homes in 2025 with revenue of $4.4 billion, demonstrating resilience in a challenging market despite a 20% decline in pre-tax income, indicating strong financial health.
- Margin Pressure: The gross margin for 2025 was 23.0%, and 24.4% excluding $59 million in inventory and warranty charges, reflecting a 220 basis point decline from 2024 due to rising incentives and lot costs impacting profitability.
- Sales Trends: New contracts increased by 9% year-over-year in Q4, with a 13% rise in the Southern Region, indicating a gradual recovery in market demand, although the share of first-time buyers decreased, highlighting ongoing challenges.
- Share Buybacks: The company repurchased $50 million in stock during Q4 and $200 million for the year, reflecting management's confidence in future growth while maintaining a strong balance sheet with $689 million in cash.
See More
M/I Homes Q4 Earnings Report Analysis
- Earnings Miss: M/I Homes reported a Q4 GAAP EPS of $2.39, missing expectations by $1.49, indicating pressure on profitability that could affect investor confidence.
- Revenue Growth: Despite a 5% year-over-year decline to $1.15 billion, revenue exceeded market expectations by $40 million, demonstrating the company's resilience in challenging conditions.
- New Contracts Increase: New contracts rose by 9% to 1,921 homes, reflecting a rebound in market demand that may lay the groundwork for future revenue growth.
- Delivery Decline: Homes delivered decreased by 4% to 2,301, highlighting challenges in the production and delivery chain that could impact the company's market share and customer satisfaction.
See More
M/I Homes Reports 2025 Financial Results with Declining Net Income
- Declining Financial Performance: In Q4 2025, M/I Homes reported pre-tax income of $80.6 million and net income of $64.0 million ($2.39 per diluted share), reflecting a significant drop from Q4 2024's pre-tax income of $170.6 million and net income of $133.5 million, indicating challenges in the current market.
- Reduced Deliveries: The company delivered 2,301 homes in Q4 2025, a 4% decrease from 2,402 in Q4 2024, and a total of 8,921 homes for the year, down 1% year-over-year, highlighting sales pressure amid weak new home demand.
- New Contracts Growth: Despite the decline in deliveries, new contracts increased by 9% in Q4 2025 to 1,921, suggesting that the company still possesses some market appeal, potentially setting the stage for future performance recovery.
- Strong Financial Health: As of December 31, 2025, M/I Homes achieved record shareholders' equity of $3.2 billion and cash reserves of $689 million with no borrowings, demonstrating robust financial stability in a challenging market environment.
See More
M/I Homes Board Member Norman L. Traeger to Retire
- Board Member Retirement: M/I Homes announced that independent board member Norman L. Traeger will retire in May, concluding his distinguished service since 1997, highlighting the company's appreciation for his contributions.
- Leadership Praise: Chairman and CEO Robert H. Schottenstein commended Traeger's leadership and business acumen, emphasizing his significant impact on the company's success and growth, reflecting the company's commitment to valuing exceptional talent.
- Company Background: M/I Homes is one of the nation's leading single-family homebuilders, with operations spanning multiple states including Ohio, Indiana, and Illinois, showcasing its extensive influence in the residential market.
- Forward-Looking Statements: The press release includes forward-looking statements that underscore various risks and uncertainties the company faces, advising investors to consider factors such as economic conditions, interest rates, and market competition that could affect future performance.
See More
M/I Homes CFO Sells 11,000 Shares in Derivative Transaction
- Executive Transaction Overview: Phillip G. Creek, CFO of M/I Homes, executed a derivative transaction selling 11,000 common shares between January 30 and February 2, 2026, for approximately $1.5 million, indicating proactive management of his stock holdings.
- Transaction Scale Analysis: The sale of 11,000 shares is notably larger than Creek's recent median of 5,894 shares sold in the last 15 events, suggesting a trend towards larger trades as share capacity diminishes.
- Impact on Holdings: Following the transaction, Creek's direct holdings fell to 27,071 shares, representing just 9.4% of his direct ownership and approximately 0.10% of the company's outstanding shares, which may limit his capacity for future sales.
- Market Environment Outlook: Despite M/I Homes' middling performance with a 6.2% return over the past year, the ongoing housing shortage in the U.S. and potential interest rate cuts could signal strong demand, attracting more buyers in the future.
See More
M/I Homes (MHO.US) Officer Plans to Sell $3.46 Million in Common Stock via Form 144
Stock Sale Announcement: Schottenstein Robert intends to sell 24,000 shares of its common stock on February 18, with a total market value of approximately $3.46 million.
Reduction in Shareholding: Schottenstein Robert has reduced its shareholding in M/I Homes by 34,974 shares since February 10, 2026, with a total value of approximately $5.09 million.
See More
M/I Homes Reports Strong 2025 Earnings Amid Market Challenges
- Performance Highlights: M/I Homes delivered 8,921 homes in 2025 with revenue of $4.4 billion, demonstrating resilience in a challenging market despite a 20% decline in pre-tax income, indicating strong financial health.
- Margin Pressure: The gross margin for 2025 was 23.0%, and 24.4% excluding $59 million in inventory and warranty charges, reflecting a 220 basis point decline from 2024 due to rising incentives and lot costs impacting profitability.
- Sales Trends: New contracts increased by 9% year-over-year in Q4, with a 13% rise in the Southern Region, indicating a gradual recovery in market demand, although the share of first-time buyers decreased, highlighting ongoing challenges.
- Share Buybacks: The company repurchased $50 million in stock during Q4 and $200 million for the year, reflecting management's confidence in future growth while maintaining a strong balance sheet with $689 million in cash.
See More
M/I Homes Q4 Earnings Report Analysis
- Earnings Miss: M/I Homes reported a Q4 GAAP EPS of $2.39, missing expectations by $1.49, indicating pressure on profitability that could affect investor confidence.
- Revenue Growth: Despite a 5% year-over-year decline to $1.15 billion, revenue exceeded market expectations by $40 million, demonstrating the company's resilience in challenging conditions.
- New Contracts Increase: New contracts rose by 9% to 1,921 homes, reflecting a rebound in market demand that may lay the groundwork for future revenue growth.
- Delivery Decline: Homes delivered decreased by 4% to 2,301, highlighting challenges in the production and delivery chain that could impact the company's market share and customer satisfaction.
See More
M/I Homes Reports 2025 Financial Results with Declining Net Income
- Declining Financial Performance: In Q4 2025, M/I Homes reported pre-tax income of $80.6 million and net income of $64.0 million ($2.39 per diluted share), reflecting a significant drop from Q4 2024's pre-tax income of $170.6 million and net income of $133.5 million, indicating challenges in the current market.
- Reduced Deliveries: The company delivered 2,301 homes in Q4 2025, a 4% decrease from 2,402 in Q4 2024, and a total of 8,921 homes for the year, down 1% year-over-year, highlighting sales pressure amid weak new home demand.
- New Contracts Growth: Despite the decline in deliveries, new contracts increased by 9% in Q4 2025 to 1,921, suggesting that the company still possesses some market appeal, potentially setting the stage for future performance recovery.
- Strong Financial Health: As of December 31, 2025, M/I Homes achieved record shareholders' equity of $3.2 billion and cash reserves of $689 million with no borrowings, demonstrating robust financial stability in a challenging market environment.
See More
