NYSE
MHO

M/I Homes Inc

Residential Construction
Consumer Cyclical

Prices are adjusted according to historical splits.

M/I Homes Inc Stock Price

Vitals

Today's Low:
$91.59
Today's High:
$95.24
Open Price:
$93.92
52W Low:
$35.37
52W High:
$101.62
Prev. Close:
$94.17
Volume:
173935

Company Statistics

Market Cap.:
$2.62 billion
Book Value:
82.73
Revenue TTM:
$4.24 billion
Operating Margin TTM:
14.77%
Gross Profit TTM:
$1.06 billion
Profit Margin:
11.38%
Return on Assets TTM:
10.66%
Return on Equity TTM:
23.47%

Company Profile

M/I Homes Inc had its IPO on 1986-10-03 under the ticker symbol MHO.

The company operates in the Consumer Cyclical sector and Residential Construction industry. M/I Homes Inc has a staff strength of 1,663 employees.

Stock update

Shares of M/I Homes Inc opened at $93.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $91.59 - $95.24, and closed at $91.96.

This is a -2.35% slip from the previous day's closing price.

A total volume of 173,935 shares were traded at the close of the day’s session.

In the last one week, shares of M/I Homes Inc have slipped by -8.76%.

M/I Homes Inc's Key Ratios

M/I Homes Inc has a market cap of $2.62 billion, indicating a price to book ratio of 0.6589 and a price to sales ratio of 0.3284.

In the last 12-months M/I Homes Inc’s revenue was $4.24 billion with a gross profit of $1.06 billion and an EBITDA of $641.82 million. The EBITDA ratio measures M/I Homes Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, M/I Homes Inc’s operating margin was 14.77% while its return on assets stood at 10.66% with a return of equity of 23.47%.

In Q2, M/I Homes Inc’s quarterly earnings growth was a negative -14% while revenue growth was a negative 2.6%.

M/I Homes Inc’s PE and PEG Ratio

Forward PE
17.3611
Trailing PE
5.4183
PEG
0.78

Its diluted EPS in the last 12-months stands at $17.38 per share while it has a forward price to earnings multiple of 17.3611 and a PEG multiple of 0.78. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into M/I Homes Inc’s profitability.

M/I Homes Inc stock is trading at a EV to sales ratio of 0.5414 and a EV to EBITDA ratio of 3.4592. Its price to sales ratio in the trailing 12-months stood at 0.3284.

M/I Homes Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$3.86 billion
Total Liabilities
$264.66 million
Operating Cash Flow
$1.99 million
Capital Expenditure
$43000
Dividend Payout Ratio
0%

M/I Homes Inc ended 2024 with $3.86 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.86 billion while shareholder equity stood at $2.30 billion.

M/I Homes Inc ended 2024 with $0 in deferred long-term liabilities, $264.66 million in other current liabilities, 301000.00 in common stock, $2.06 billion in retained earnings and $16.40 million in goodwill. Its cash balance stood at $667.39 million and cash and short-term investments were $667.39 million. The company’s total short-term debt was $0 while long-term debt stood at $879.50 million.

M/I Homes Inc’s total current assets stands at $3.55 billion while long-term investments were $41.99 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $264.66 million and inventory worth $2.69 billion.

In 2024, M/I Homes Inc's operating cash flow was $1.99 million while its capital expenditure stood at $43000.

Comparatively, M/I Homes Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$91.96
52-Week High
$101.62
52-Week Low
$35.37
Analyst Target Price
$93.5

M/I Homes Inc stock is currently trading at $91.96 per share. It touched a 52-week high of $101.62 and a 52-week low of $101.62. Analysts tracking the stock have a 12-month average target price of $93.5.

Its 50-day moving average was $93.66 and 200-day moving average was $69.13 The short ratio stood at 2.79 indicating a short percent outstanding of 0%.

Around 243.9% of the company’s stock are held by insiders while 10079.6% are held by institutions.

Frequently Asked Questions About M/I Homes Inc

The stock symbol (also called stock or share ticker) of M/I Homes Inc is MHO

The IPO of M/I Homes Inc took place on 1986-10-03

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About

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 also 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. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, 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. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.

Address

4131 Worth Avenue, Columbus, OH, United States, 43219-6011