Consumer Cyclical -
Residential Construction - NYSE - US
$ 109.22
-4.44 %
$ 2.96 B
Market Cap
5.54
P/E
1. INTRINSIC VALUE
Balance Sheet
M/I Homes, Inc.
| Current Assets | 4.2 B |
| Cash & Short-Term Investments | 822 M |
| Receivables | 0 |
| Other Current Assets | 3.38 B |
| Non-Current Assets | 174 M |
| Long-Term Investments | 0 |
| PP&E | 144 M |
| Other Non-Current Assets | 29.9 M |
| Current Liabilities | 199 M |
| Accounts Payable | 199 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.41 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.41 B |
EFFICIENCY
Earnings Waterfall
M/I Homes, Inc.
| Revenue | 4.5 B |
| Cost Of Revenue | 3.31 B |
| Gross Profit | 1.2 B |
| Operating Expenses | 493 M |
| Operating Income | 706 M |
| Other Expenses | 142 M |
| Net Income | 564 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
M/I Homes, Inc.
| Net Income | 564 M |
| Depreciation & Amortization | 15.5 M |
| Capital Expenditures | -8.42 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 183 M |
| Free Cash Flow | 171 M |
Wall Street Analysts Price Targets
M/I Homes, Inc.
Wall Street analysts predict an average 1-year price target for MHO of $186 , with forecasts ranging from
a
low of
$151 to a high of $210 .
MHO Lowest Price Target
Wall Street Target
151 USD
38.25%
MHO Average Price Target
Wall Street Target
186 USD
70.76%
MHO Highest Price Target
Wall Street Target
210 USD
92.27%
4. DIVIDEND
ANALYSIS
MHO does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
M/I Homes, Inc.
Sold
0-3 MONTHS
4.85 M USD 3
3-6 MONTHS
23 M USD 2
6-9 MONTHS
5.32 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
M/I Homes (MHO) Beats Stock Market Upswing: What Investors Need to Know
In the latest trading session, M/I Homes (MHO) closed at $115.72, marking a +1.21% move from the previous day.
zacks.com
- 2 weeks ago
M/I Homes (MHO) Stock Falls Amid Market Uptick: What Investors Need to Know
In the most recent trading session, M/I Homes (MHO) closed at $115.79, indicating a -1.22% shift from the previous trading day.
zacks.com
- 1 month ago
Changes to M/I Homes Board of Directors
COLUMBUS, Ohio , March 14, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) today announced that Friedrich K.M. Böhm, an independent member of the Company's Board of Directors since 1994, has informed the Company of his decision to retire from the Board upon the expiration of his term, and not stand for re-election, at the Company's 2025 Annual Meeting of Shareholders.
prnewswire.com
- 1 month ago
M/I Homes, Inc. Announces First Quarter Webcast
COLUMBUS, Ohio , March 11, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What: M/I Homes, Inc. Announces First Quarter Webcast When: April 23, 2025 @ 10:30AM Eastern Time Where: http://www.mihomes.com How: Live over the Internet -- Simply log on to the web at the address above Contact: Ann Marie Hunker, Vice President, Chief Accounting Officer, Controller of M/I Homes, Inc., amhunker@mihomes.com, or 614-418-8225 Mark Kirkendall, Vice President, Treasurer of M/I Homes, Inc., mkirkendall@mihomes.com, or 614-418-8021 If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.mihomes.com The company is expected to report first quarter earnings before the market opens on Wednesday, April 23, 2025. M/I Homes, Inc. is one of the nation's leading homebuilders of single-family homes.
prnewswire.com
- 1 month ago
M/I Homes (MHO) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, M/I Homes (MHO) closed at $121.10, marking a -0.39% move from the previous day.
zacks.com
- 1 month ago
Here's Why M/I Homes (MHO) Fell More Than Broader Market
In the most recent trading session, M/I Homes (MHO) closed at $116.92, indicating a -1.85% shift from the previous trading day.
zacks.com
- 1 month ago
M/I Homes Announces $250 million Share Repurchase Authorization
COLUMBUS, Ohio , Feb. 11, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may purchase up to $250 million of its common shares. The $250 million authorization replaces the Company's prior authorization (which had $107 million of remaining availability as of January 31, 2025).
prnewswire.com
- 2 months ago
M/I Homes Earnings: Margin Pressure And Demand Challenges Mar The Outlook (Downgrade)
M/I Homes faces business challenges due to high mortgage rates, pressuring demand and margins forcing the use of rate buydowns as a key strategy. Q4 sequential results showed decelerating sales, increased rate buydowns, and gross margin compression, indicating potential challenges for 2025. The potential for rising land and labor costs, coupled with cautious share repurchase plans, add further pressure on MHO's future performance and investor sentiment.
seekingalpha.com
- 2 months ago
M/I Homes, Inc. (MHO) Q4 2024 Earnings Call Transcript
M/I Homes, Inc. (MHO) Q4 2024 Earnings Call January 29, 2025 10:30 AM ET Company Participants Phil Creek - Chief Financial Officer Bob Schottenstein - President and Chief Executive Officer Derek Klutch - President Conference Call Participants Alan Ratner - Zelman & Associates Ken Zener - Seaport Research Partners Buck Horne - Raymond James Jay McCanless - Wedbush Operator Good morning, ladies and gentlemen and welcome to the M/I Homes Fourth Quarter and Year End Earnings Conference Call. [Operator Instructions] This call is being recorded on Wednesday, January 29 of 2025.
seekingalpha.com
- 2 months ago
M/I Homes (MHO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for M/I Homes (MHO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 months ago
M/I Homes (MHO) Q4 Earnings Lag Estimates
M/I Homes (MHO) came out with quarterly earnings of $4.71 per share, missing the Zacks Consensus Estimate of $4.83 per share. This compares to earnings of $3.66 per share a year ago.
zacks.com
- 2 months ago
M/I Homes Reports Fourth Quarter and Year-End Results
COLUMBUS, Ohio , Jan. 29, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for its fourth quarter and year ended December 31, 2024. 2024 Fourth Quarter Results: Record fourth quarter homes delivered and income New contracts increased 11% to 1,759 Homes delivered increased 19% to 2,402 Revenue of $1.2 billion, up 24% Pre-tax income of $171 million, up 24% Net income increased 27% to $133.5 million ($4.71 per diluted share) compared to $105 million ($3.66 per diluted share) in 2023 Repurchased $50 million of stock 2024 Full Year Results: Record homes delivered, revenue and income New contracts increased 8% to 8,584 Homes delivered increased 12% to 9,055 Revenue increased 12% to $4.5 billion Pre-tax income increased 21% to $734 million; 16% of revenue Net income increased 21% to $564 million ($19.71 per diluted share) Shareholders' equity reached an all-time record of $2.9 billion, a 17% increase from a year ago, with book value per share of $109 Repurchased $176 million of stock Return on equity of 21% Homebuilding debt to capital ratio of 19% compared to 22% at December 31, 2023 For the fourth quarter of 2024, the Company reported net income of $133.5 million, or $4.71 per diluted share, compared to net income of $105.3 million, or $3.66 per diluted share, for the fourth quarter of 2023.
prnewswire.com
- 2 months ago
8. Profile
Summary
M/I Homes, Inc. MHO
COUNTRY
US
INDUSTRY
Residential Construction
MARKET CAP
$ 2.96 B
Dividend Yield
0.00%
Description
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.
Contact
4131 Worth Avenue, Columbus, OH, 43219-6011
https://www.mihomes.com
IPO
Date
Nov. 3, 1993
Employees
1760
Officers
Ms. Susan E. Krohne
Senior Vice President, Chief Legal Officer & Secretary
Mr. Mark Kirkendall
Vice President & Treasurer
Mr. Robert H. Schottenstein J.D.
Chairman, President & Chief Executive Officer
Ms. Ann Marie W. Hunker
Vice President, Chief Accounting Officer & Corporate Controller
Mr. Phillip G. Creek
Executive Vice President, Chief Financial Officer & Director
Mr. Fred J. Sikorski
Region President of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions
Mr. Thomas W. Jacobs
Region President, Austin, Dallas, Houston, San Antonio, Chicago, Minneapolis & St. Paul Divisions
Mr. Derek J. Klutch
President & Chief Executive Officer of M/I Financial