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MHO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
132.515
Open
132.280
VWAP
131.45
Vol
152.83K
Mkt Cap
3.37B
Low
129.970
Amount
20.09M
EV/EBITDA(TTM)
6.90
Total Shares
25.59M
EV
3.56B
EV/OCF(TTM)
17.12
P/S(TTM)
0.82
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.
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Events Timeline

(ET)
2026-04-22
07:40:00
Company Reports Q1 Revenue of $921M
select
2026-01-28 (ET)
2026-01-28
07:40:00
M/I Homes Q4 Revenue at $1.1B, Below Consensus
select
2025-11-12 (ET)
2025-11-12
16:16:47
M/I Homes reveals $250 million stock buyback initiative
select
2025-10-22 (ET)
2025-10-22
07:33:53
M/I Homes announces Q3 earnings per share of $3.92, down from $5.10 a year ago.
select

News

seekingalpha
9.5
04-22seekingalpha
M/I Homes Q1 2026 Earnings Call Insights
  • Revenue Performance: M/I Homes reported first-quarter revenues of $921 million, a 6% year-over-year decline, with pretax income dropping 39% to $89 million, indicating the impact of market uncertainty on performance.
  • Sales Strategy: The company sold 2,350 homes in the quarter, with its mortgage operations capturing 96% of total business, up from 92% last year, demonstrating the effectiveness of its sales strategy.
  • Financial Health: By the end of the first quarter, M/I Homes had a cash balance of $767 million and no borrowings under its $900 million unsecured revolving credit facility, showcasing a strong financial position.
  • Future Outlook: M/I Homes plans to grow its community count by an average of 5% in 2026, and despite market uncertainties, management expresses cautious optimism regarding future sales traffic.
seekingalpha
9.5
04-22seekingalpha
M/I Homes Q1 Earnings Beat Expectations Despite Revenue Decline
  • Earnings Beat: M/I Homes reported a Q1 GAAP EPS of $2.55, exceeding expectations by $0.04, indicating the company's resilience and profitability in a challenging housing market.
  • Revenue Decline: Despite the strong EPS, the company's revenue of $920.71 million fell 5.7% year-over-year and missed estimates by $0.99 million, reflecting broader industry challenges and weak demand.
  • Strong Market Position: M/I Homes remains a top-tier candidate in a struggling housing market, suggesting that it has maintained relative market strength and brand recognition amidst adversity.
  • Future Outlook: As the industry faces ongoing challenges, M/I Homes' financial performance will be closely monitored, with investors needing to assess its adaptability and market strategies in upcoming quarters.
PRnewswire
9.5
04-22PRnewswire
M/I Homes Reports Q1 2026 Financial Results with Mixed Performance
  • Revenue and Profit Decline: M/I Homes reported a pre-tax income of $89.2 million and a net income of $67.8 million for Q1 2026, translating to $2.55 per diluted share, which represents a significant decline of 39% in both metrics compared to Q1 2025, indicating the adverse impact of challenging market conditions on profitability.
  • Delivery and Contract Performance: The company delivered 1,914 homes in Q1 2026, a 3% decrease year-over-year, while new contracts increased by 3% to 2,350, demonstrating resilience in market demand despite the drop in deliveries, reflecting a strong performance in contract acquisition.
  • Backlog Value Reduction: As of March 31, 2026, the total sales value of homes in backlog was $1.20 billion, a 23% decrease from the previous year, with backlog units down 21% to 2,245 homes and an average sales price of $536,000, highlighting ongoing pressures from supply-demand imbalances in the housing market.
  • Strong Financial Position: M/I Homes reported record shareholders' equity of $3.2 billion and cash reserves of $767 million, with no borrowings under its $900 million credit facility, indicating a robust financial foundation that supports future growth strategies amid market uncertainties.
moomoo
9.5
04-22moomoo
M/I HOMES Reports Q1 Earnings Per Share of $2.55
  • Market Overview: The housing market is experiencing fluctuations, with significant changes in home prices and sales activity in Q1.

  • Economic Indicators: Key economic indicators, including interest rates and employment figures, are influencing the real estate sector's performance.

  • Buyer Trends: There is a noticeable shift in buyer preferences, with increased demand for suburban homes and properties with more space.

  • Future Projections: Experts predict continued volatility in the housing market, with potential impacts from upcoming economic policies and market conditions.

seekingalpha
9.5
04-21seekingalpha
M/I Homes to Announce Q1 Earnings on April 22
  • Earnings Announcement Date: M/I Homes (MHO) is set to release its Q1 2023 earnings report on April 22 before market open, with consensus EPS estimate at $2.51, reflecting a 36.9% year-over-year decline, and revenue estimate at $921.7 million, down 5.6% year-over-year, indicating challenges in the current economic environment.
  • Historical Performance Review: Over the past two years, M/I Homes has beaten EPS and revenue estimates 63% of the time, demonstrating a degree of profitability and market adaptability during earnings releases, despite facing industry pressures.
  • Expectation Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates and two downward revisions, while revenue estimates saw two upward revisions with no downward adjustments, indicating market divergence and uncertainty regarding the company's future performance.
  • Market Environment Analysis: Despite the struggling housing market, M/I Homes remains a top-tier candidate, although it faces rating cuts from Seaport on homebuilders, reflecting a broader trend of slowing activity in the industry.
CNBC
6.0
04-07CNBC
Latest Rating Changes on Wall Street
  • Apple Performance: Evercore ISI reiterates Apple as outperform despite slowing App Store growth, expecting AAPL to compensate through higher growth areas like Apple Pay, iCloud, and Licensing, with a target price of $330.
  • Homebuilders Downgrade: Seaport downgrades Toll Brothers and D.R. Horton to neutral, anticipating a 15% downside due to ongoing demand pressures and book valuations below 2013 levels.
  • MercadoLibre Investment Upgrade: Jefferies upgrades MercadoLibre from hold to buy, citing its growth investment strategy in Latin America as a driver for long-term growth.
  • Rocket Lab Rating Upgrade: Citizens upgrades Rocket Lab from market perform to market outperform with an $85 price target, highlighting its favorable positioning in the space economy and improved risk/reward dynamics.
Wall Street analysts forecast MHO stock price to rise
3 Analyst Rating
Wall Street analysts forecast MHO stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
155.00
Averages
168.33
High
185.00
Current: 0.000
sliders
Low
155.00
Averages
168.33
High
185.00
Seaport Research
Buy
to
Neutral
downgrade
$NULL
AI Analysis
2026-04-06
Reason
Seaport Research
Price Target
$NULL
AI Analysis
2026-04-06
downgrade
Buy
to
Neutral
Reason
Seaport Research downgraded M/I Homes to Neutral from Buy without a price target. The firm downgraded all builders it covers citing \"rising concern that housing activity is poised to slow further.\" Seaport sees the group going from from \"value-trap\" to \"catching a falling knife.\" The weak job market growth undermines a prior assumption that demand is stabilizing, the analyst tells investors in a research note. The firm expects further multiple compression until housing starts approach trough levels, consistent with past cycles.
Citizens
James McCanless
Outperform
initiated
$165
2026-01-07
Reason
Citizens
James McCanless
Price Target
$165
2026-01-07
initiated
Outperform
Reason
Citizens analyst James McCanless initiated coverage of M/I Homes with an Outperform rating and $165 price target. The firm is cautious around the company's gross margins and earnings for the next three quarters, but thinks there catalysts for M/I Homes. The company has exposure to the Midwest and Plains states, which are relatively more affordable markets than the Southeast, the analyst tells investors in a research note. Second, M/I's entry level nameplate, Smart Series, continues to drive above-average gross margins while providing an affordable product, adds Citizens.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MHO
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Valuation Metrics

The current forward P/E ratio for M/I Homes Inc (MHO.N) is 9.30, compared to its 5-year average forward P/E of 5.93. For a more detailed relative valuation and DCF analysis to assess M/I Homes Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
5.93
Current PE
9.30
Overvalued PE
8.18
Undervalued PE
3.67

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
3.38
Current EV/EBITDA
8.46
Overvalued EV/EBITDA
5.93
Undervalued EV/EBITDA
0.82

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.60
Current PS
0.75
Overvalued PS
0.81
Undervalued PS
0.39

Financials

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Whales Holding MHO

A
azValor Asset Management SGIIC, S.A.U.
Holding
MHO
+10.28%
3M Return
D
Donald Smith & Co., Inc.
Holding
MHO
-4.70%
3M Return
B
Basswood Capital Management, L.L.C.
Holding
MHO
-6.58%
3M Return

Trading Trends

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Frequently Asked Questions

What is M/I Homes Inc (MHO) stock price today?

The current price of MHO is 131.87 USD — it has increased 1.42

What is M/I Homes Inc (MHO)'s business?

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.

What is the price predicton of MHO Stock?

Wall Street analysts forecast MHO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MHO is168.33 USD with a low forecast of 155.00 USD and a high forecast of 185.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is M/I Homes Inc (MHO)'s revenue for the last quarter?

M/I Homes Inc revenue for the last quarter amounts to 920.71M USD, decreased -5.67

What is M/I Homes Inc (MHO)'s earnings per share (EPS) for the last quarter?

M/I Homes Inc. EPS for the last quarter amounts to 2.55 USD, decreased -35.93

How many employees does M/I Homes Inc (MHO). have?

M/I Homes Inc (MHO) has 1801 emplpoyees as of May 11 2026.

What is M/I Homes Inc (MHO) market cap?

Today MHO has the market capitalization of 3.37B USD.