M/I Homes (MHO)
NYSE:MHO
MHO Stock Chart & Stats
$123.10
$0.57(0.45%)
At close: 4:00 PM EST
$123.10
$0.57(0.45%)
Day’s Range― - ―
52-Week Range$100.22 - $158.92
Previous CloseN/A
Volume64.06K
Average Volume (3M)250.66K
Market Cap
$3.17B
Enterprise Value$3.61B
Total Cash (Recent Filing)$689.19M
Total Debt (Recent Filing)$1.09B
Price to Earnings (P/E)8.5
Beta0.89
Next Earnings
Apr 22, 2026EPS Estimate
2.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.91
Shares Outstanding25,767,710
10 Day Avg. Volume258,980
30 Day Avg. Volume250,665
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)1.08
Price to Sales (P/S)0.77
P/FCF Ratio28.33
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue0.82
Enterprise Value/Gross Profit3.55
Enterprise Value/Ebitda5.79
Forecast
1Y Price Target
$165.00Price Target Upside34.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)14.76
Revenue Forecast (FY)$4.37B
Bulls Say, Bears Say
Bulls Say
Balance-sheet Strength & LiquiditySubstantial cash and effectively zero net leverage provide durable financial flexibility for a cyclical homebuilder. This supports funding of community openings, mortgage buydowns, repurchases, and absorbing near-term demand swings without tapping credit, reducing refinancing risk into 2028–2030 maturities.
Mortgage & Financial ServicesHigh mortgage/title capture and meaningful pretax income diversify revenue and create recurring, low-capital margin streams tied to closings. This vertically integrated model cushions homebuilding cyclicality, improves buyer conversion economics, and supports cash generation even when new-home demand softens.
Land Supply And Operational FlexibilityA multi-year lot inventory with ~50k owned/optioned lots gives structural flexibility to scale community openings or pause purchases by exercising options. Option-heavy supply reduces upfront capital commitment, enabling responsive market positioning and preserving margins over the medium term as demand shifts.
Bears Say
Margin CompressionSustained margin erosion versus the prior year signals structural pressure from pricing, mix, or cost dynamics. Lower gross and operating margins reduce the company's ability to generate returns on equity and absorb cost shocks, making earnings and cash flow more sensitive across a multi-quarter horizon.
Inventory Impairments Concentrated In Entry-level MarketsMaterial charges concentrated at affordable price points indicate overexposure or mispricing in lower ASP communities. This raises the risk of continued markdowns or additional impairments, pressuring returns in a key volume segment and signaling potential structural weakness in certain regional markets.
Weaker And Volatile Cash ConversionDeclining and variable OCF versus earnings shows working-capital and inventory are absorbing cash. Reduced cash conversion limits capacity for land acquisition, repurchases, or buydowns without using liquidity or credit, increasing sensitivity to cyclical downturns and constraining strategic optionality.
M/I Homes News
MHO FAQ
What was M/I Homes’s price range in the past 12 months?
M/I Homes lowest stock price was $100.22 and its highest was $158.92 in the past 12 months.
What is M/I Homes’s market cap?
M/I Homes’s market cap is $3.17B.
When is M/I Homes’s upcoming earnings report date?
M/I Homes’s upcoming earnings report date is Apr 22, 2026 which is in 27 days.
How were M/I Homes’s earnings last quarter?
M/I Homes released its earnings results on Jan 28, 2026. The company reported $3.91 earnings per share for the quarter, beating the consensus estimate of $3.883 by $0.027.
Is M/I Homes overvalued?
According to Wall Street analysts M/I Homes’s price is currently Undervalued.
Does M/I Homes pay dividends?
M/I Homes does not currently pay dividends.
What is M/I Homes’s EPS estimate?
M/I Homes’s EPS estimate is 2.71.
How many shares outstanding does M/I Homes have?
M/I Homes has 25,767,710 shares outstanding.
What happened to M/I Homes’s price movement after its last earnings report?
M/I Homes reported an EPS of $3.91 in its last earnings report, beating expectations of $3.883. Following the earnings report the stock price went up 2.924%.
Which hedge fund is a major shareholder of M/I Homes?
Currently, no hedge funds are holding shares in MHO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
M/I Homes Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$165.00 (34.04% Upside)
$165.00 (34.04% Upside)
Blogger Sentiment
Bullish
MHO Sentiment 66%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 115.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.05%
12-Months-Change
Fundamentals
Return on Equity
12.99%
Trailing 12-Months
Asset Growth
5.16%
Trailing 12-Months
Company Description
M/I Homes
M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family 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 designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it 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. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.
MHO Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced message: the company emphasized a very strong balance sheet, record equity, solid liquidity, mortgage/financial services strength, community growth and operational improvements, while also acknowledging meaningful margin compression, $59 million of inventory/warranty charges (concentrated in entry-level communities), and a decline in EPS and pretax income versus the prior year. Management highlighted improving order trends late in the year (Q4 new contracts +9% YoY and southern region strength) and expects to leverage flexibility in lot control and continued execution to navigate 2026, but cautioned margins remain under pressure.View all MHO earnings summariesMHO Revenue Breakdown
59.89% Southern homebuilding
37.78% Northern homebuilding
2.33% Financial services
MHO Stock 12 Month Forecast
Average Price Target
$165.00
▲(34.04% Upside)
Technical Analysis
Ownership Overview
1.56% Insiders
32.30% Mutual Funds
18.96% Other Institutional Investors
19.60% Public Companies and
Individual Investors