M/I Homes Inc (MHO)
NYSE:MHO
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MHO Stock Chart & Stats
$120.47
$0.57(0.45%)
At close: 4:00 PM EST
$120.47
$0.57(0.45%)
Day’s Range― - ―
52-Week Range$102.44 - $158.92
Previous CloseN/A
Volume64.06K
Average Volume (3M)236.54K
Market Cap
$3.10B
Enterprise Value$3.55B
Total Cash (Recent Filing)$689.19M
Total Debt (Recent Filing)$1.09B
Price to Earnings (P/E)8.5
Beta0.84
Next Earnings
Apr 22, 2026EPS Estimate
2.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.91
Shares Outstanding25,767,710
10 Day Avg. Volume194,487
30 Day Avg. Volume236,543
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/Revenue0.80
Enterprise Value/Gross Profit3.49
Enterprise Value/Ebitda5.69
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)13.21
Revenue Forecast (FY)$4.31B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA large cash balance and no borrowings provide durable financial flexibility for a cyclical homebuilder. This reduces refinancing risk, funds lot purchases or temporary incentives, supports share repurchases, and lets management sustain operations and opportunistic investments across housing cycles.
Lot Supply FlexibilityControl of ~50k lots, with ~49% option-controlled, provides a multi-year supply and the ability to pace starts. Options reduce immediate capital needs and let M/I quickly scale or pull back production, lowering land risk and aligning inventory with demand over multiple quarters.
Financial Services & Mortgage CaptureHigh mortgage capture and meaningful pretax income from financial services provide diversified, recurring fee income that cushions the cyclical homebuilding core. Strong capture rates support closings, enable buy-down strategies, and help stabilize revenue and margins across housing cycles.
Bears Say
Margin CompressionA sustained ~220 bps contraction in gross margin (ex-charges) and weaker Q4 margins indicate structural pricing or cost-pressure trends. Lower margins reduce cash generation and ROE, limiting reinvestment capacity and making it harder to fund growth or buybacks without margin recovery.
Inventory & Warranty ChargesMaterial impairments concentrated in entry-level communities point to valuation or product-fit issues at lower price tiers. These charges erode reported profitability and suggest potential for further write-downs or pricing adjustments if demand or affordability remains challenged.
Cash Flow Volatility & Working CapitalOperating cash conversion below 1.0x shows earnings aren't fully converting to cash, as working capital and inventory build absorb liquidity. For a capital-intensive builder, this constrains internal funding for lot buys, starts and repurchases and raises reliance on cash buffers during demand slowdowns.
M/I Homes News
MHO FAQ
What was M/I Homes Inc’s price range in the past 12 months?
M/I Homes Inc lowest stock price was $102.44 and its highest was $158.92 in the past 12 months.
What is M/I Homes Inc’s market cap?
M/I Homes Inc’s market cap is $3.10B.
When is M/I Homes Inc’s upcoming earnings report date?
M/I Homes Inc’s upcoming earnings report date is Apr 22, 2026 which is in 5 days.
How were M/I Homes Inc’s earnings last quarter?
M/I Homes Inc 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 Inc overvalued?
According to Wall Street analysts M/I Homes Inc’s price is currently Overvalued.
Does M/I Homes Inc pay dividends?
M/I Homes Inc does not currently pay dividends.
What is M/I Homes Inc’s EPS estimate?
M/I Homes Inc’s EPS estimate is 2.51.
How many shares outstanding does M/I Homes Inc have?
M/I Homes Inc has 25,767,710 shares outstanding.
What happened to M/I Homes Inc’s price movement after its last earnings report?
M/I Homes Inc 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 Inc?
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
Underperform
1
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5
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8
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10
Analyst Consensus
Hold
Average Price Target:
― (―)
― (―)
Blogger Sentiment
Bullish
MHO Sentiment 70%
Sector Average ―
Sector Average ―
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 ▼ 0.8%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.50%
12-Months-Change
Fundamentals
Return on Equity
12.99%
Trailing 12-Months
Asset Growth
5.16%
Trailing 12-Months
Company Description
M/I Homes Inc
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
―Technical Analysis
Ownership Overview
1.56% Insiders
32.41% Mutual Funds
0.75% Other Institutional Investors
37.99% Public Companies and
Individual Investors