MHO - M-I Homes Inc Stock Price, Fair Value and News

122.56USD-0.32 (-0.26%)Delayed as of 08 May 2024, 01:49 pm ET

Market Summary

USD122.56-0.32

Delayedas of 08 May 2024, 01:49 pm

-0.26%

MHO Alerts

2 major insider sales recently.

Big jump in Earnings (Y/Y)

MHO Stock Price

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MHO RSI Chart

MHO Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

6.82

Price/Sales (Trailing)

0.84

Price/Free Cashflow

8.27

MHO Price/Sales (Trailing)

MHO Profitability

Return on Equity

18.96%

Return on Assets

11.88%

Free Cashflow Yield

12.09%

MHO Fundamentals

MHO Revenue

Revenue (TTM)

4.1B

Rev. Growth (Yr)

4.61%

Rev. Growth (Qtr)

7.62%

MHO Earnings

Earnings (TTM)

500.4M

Earnings Growth (Yr)

33.95%

Earnings Growth (Qtr)

31.13%

Breaking Down MHO Revenue

52 Week Range

67.51123.07

(Low)(High)

Last 7 days

5.7%

Last 30 days

-2.3%

Last 90 days

2.3%

Trailing 12 Months

82.5%

How does MHO drawdown profile look like?

MHO Financial Health

MHO Investor Care

Buy Backs (1Y)

0.28%

Diluted EPS (TTM)

17.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	4.1B	0	0	0
2023	4.3B	4.2B	4.3B	4.0B
2022	3.8B	3.9B	4.0B	4.1B
2021	3.3B	3.5B	3.6B	3.7B
2020	2.6B	2.7B	2.9B	3.0B
2019	2.3B	2.4B	2.5B	2.5B
2018	2.0B	2.1B	2.2B	2.3B
2017	1.8B	1.8B	1.9B	2.0B
2016	1.5B	1.6B	1.6B	1.7B
2015	1.2B	1.3B	1.3B	1.4B
2014	1.1B	1.1B	1.2B	1.2B
2013	821.5M	885.1M	951.4M	1.0B
2012	587.0M	620.5M	687.8M	761.9M
2011	607.6M	548.6M	554.6M	566.4M
2010	0	585.4M	600.9M	616.4M
2009	0	0	0	569.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of M-I Homes Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	schottenstein robert h	sold	-2,342,400	122	-19,200	chairman, ceo & president
Apr 29, 2024	schottenstein robert h	acquired	530,304	27.62	19,200	chairman, ceo & president
Apr 26, 2024	krohne susan e	sold	-1,098,000	122	-9,000	chief legal officer, secretary
Apr 26, 2024	krohne susan e	acquired	506,825	56.3139	9,000	chief legal officer, secretary
Mar 07, 2024	hunker ann marie	acquired	159,593	45.598	3,500	principal accounting officer
Mar 07, 2024	hunker ann marie	sold	-316,267	128	-2,461	principal accounting officer
Mar 07, 2024	hunker ann marie	sold	-134,775	129	-1,039	principal accounting officer
Feb 21, 2024	schottenstein robert h	sold	-3,051,220	119	-25,620	chairman, ceo & president
Feb 21, 2024	schottenstein robert h	sold	-398,921	119	-3,325	chairman, ceo & president
Feb 20, 2024	creek phillip g	sold	-2,049,660	118	-17,367	ex. vice president and cfo

Which funds bought or sold MHO recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	8,185	3,321,800	0.03%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-2,893	-	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	7.79	191,000	3,064,000	0.02%
May 06, 2024	Parallel Advisors, LLC	new	-	545	545	-%
May 06, 2024	Empowered Funds, LLC	added	34.86	3,350,700	13,370,900	0.24%
May 06, 2024	Quantbot Technologies LP	new	-	1,014,540	1,014,540	0.06%
May 06, 2024	SG Americas Securities, LLC	added	48.27	165,000	518,000	-%
May 06, 2024	HighTower Advisors, LLC	reduced	-74.8	-1,351,000	436,000	-%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-14.85	-774,000	4,143,000	0.01%
May 03, 2024	Glassman Wealth Services	sold off	-100	-413	-	-%

Are Funds Buying or Selling MHO?

Are funds buying MHO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MHO

No. of Funds

Unveiling M-I Homes Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.39%	2,056,865	SC 13G/A
Feb 05, 2024	donald smith & co., inc.	5.61%	1,561,020	SC 13G
Jan 22, 2024	blackrock inc.	16.8%	4,690,760	SC 13G/A
Feb 09, 2023	donald smith & co., inc.	7.60%	2,085,602	SC 13G
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	6.97%	1,910,471	SC 13G/A
Jan 26, 2023	blackrock inc.	17.4%	4,780,453	SC 13G/A
Jan 20, 2023	blackrock inc.	17.4%	4,780,453	SC 13G/A
Feb 10, 2022	vanguard group inc	6.66%	1,937,531	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A

Recent SEC filings of M-I Homes Inc

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	144	Notice of Insider Sale Intent
Apr 26, 2024	144	Notice of Insider Sale Intent
Apr 24, 2024	8-K	Current Report
Apr 10, 2024	ARS	ARS
Apr 10, 2024	DEF 14A	DEF 14A
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to M-I Homes Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	337.6B	152.7B	-4.81%	18.32%	22.29	2.21	-3.01%	-11.47%
LOW	132.4B	86.4B	-3.30%	13.41%	17.14	1.53	-11.01%	20.02%
DHI	49.8B	37.1B	-4.54%	39.47%	10.03	1.34	10.12%	-4.19%
NVR	24.3B	9.7B	-1.94%	32.48%	14.8	2.51	-6.32%	-0.14%
FND	12.5B	4.4B	-1.90%	27.03%	55.74	2.85	0.72%	-24.86%
MID-CAP
MHK	7.5B	11.0B	-3.48%	18.23%	-18.19	0.69	-4.50%	-196.49%
IBP	6.7B	2.8B	-8.39%	107.42%	27.58	2.42	4.08%	9.09%
WHR	5.2B	19.3B	-17.63%	-30.58%	12.93	0.27	-0.81%	119.97%
CVCO	3.2B	1.9B	-0.37%	23.89%	18.46	1.71	-14.77%	-30.65%
CCS	2.7B	3.9B	-3.92%	27.22%	9.24	0.69	-8.36%	-30.22%
LEG	1.8B	4.7B	-29.48%	-60.00%	-12.87	0.37	-8.19%	-144.16%
SMALL-CAP
AMWD	1.5B	1.9B	-7.18%	86.13%	12.52	0.8	-10.13%	53.07%
BZH	913.3M	2.1B	-6.19%	38.98%	5.69	0.43	-8.40%	-19.84%
BSET	125.2M	369.0M	0.14%	-1.39%	-21.55	0.34	-22.39%	-109.49%
CRWS	51.7M	86.7M	-3.44%	-3.63%	10.96	0.6	9.53%	-34.99%

M-I Homes Inc News

Latest updates

M-I Homes Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.6%	1,047	973	1,046	1,014	1,001	1,217	1,013	1,041	861	1,052	904	961	829	906	848	714	578	742	653	624	481
Costs and Expenses	3.8%	866	835	868	859	865	1,053	846	858	739	910	788	820	718	805	753	642	536	691	603	582	458
S&GA Expenses	-0.6%	54.00	54.00	54.00	52.00	49.00	58.00	46.00	46.00	41.00	55.00	47.00	51.00	46.00	52.00	50.00	41.00	37.00	45.00	40.00	37.00	32.00
Interest Expenses	198.6%	8.00	-7.89	3.00	-1.79	8.00	0.00	1.00	1.00	1.00	1.00	-0.07	0.00	1.00	1.00	1.00	3.00	5.00	5.00	5.00	5.00	7.00
Income Taxes	29.1%	42.00	33.00	39.00	37.00	33.00	34.00	35.00	45.00	30.00	28.00	25.00	34.00	25.00	22.00	22.00	17.00	10.00	9.00	12.00	11.00	6.00
Net Income	31.1%	138	105	139	118	103	130	132	137	92.00	113	91.00	108	85.00	80.00	74.00	55.00	32.00	42.00	38.00	30.00	18.00
Net Income Margin	6.3%	0.12*	0.12*	0.11*	0.11*	0.12*	0.12*	0.12*	0.11*	0.11*	0.11*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	114.9%	115	54.00	77.00	166	249	193	-93.87	8.00	68.00	-5.22	-209	98.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.7%	4,212	4,022	4,003	3,862	3,762	3,715	3,588	3,493	3,307	3,240	3,047	2,861	2,710	2,643	2,421	2,328	2,199	2,106	2,182	2,089	2,072
Cash Equivalents	18.7%	870	733	736	668	543	312	68.00	189	219	236	221	372	293	261	203	94.00	21.00	6.00	33.00	20.00	42.00
Net PPE	-5.1%	33.00	35.00	36.00	35.00	37.00	37.00	35.00	36.00	37.00	38.00	24.00	24.00	25.00	27.00	26.00	21.00	21.00	22.00	28.00	28.00	28.00
Goodwill	0%	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00
Liabilities	4.5%	1,573	1,506	1,578	1,563	1,579	1,644	1,650	1,675	1,603	1,616	1,502	1,395	1,356	1,384	1,246	1,233	1,161	1,102	1,227	1,185	1,200
Shareholder's Equity	4.8%	2,639	2,517	2,426	2,298	2,183	2,071	1,938	1,818	1,704	1,624	1,544	1,467	1,353	1,259	1,175	1,094	1,038	1,003	955	904	871
Retained Earnings	6.0%	2,439	2,301	2,196	2,057	1,939	1,836	1,706	1,574	1,437	1,345	1,232	1,141	1,033	948	868	795	740	709	667	629	599
Additional Paid-In Capital	-0.5%	348	350	348	350	350	353	351	348	346	347	345	343	341	339	337	334	332	333	331	330	329
Shares Outstanding	1.0%	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	29.00	29.00	29.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,400	-	-	-	1,100	-	-	-	1,700	-	-	-	962	-	-	-	771	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	110.9%	115,772	54,901	79,541	166,190	251,499	198,220	-92,689	9,214	69,326	17,518	-208,142	98,633	75,168	-28,892	114,400	107,053	-24,227	64,654	-9,640	33,250	-22,633
Share Based Compensation	-18.9%	3,539	4,364	2,682	2,301	2,023	2,174	2,764	2,018	1,831	2,360	1,794	2,141	2,264	2,223	2,189	1,753	973	1,760	1,492	1,682	912
Cashflow From Investing	-280.2%	-17,108	-4,500	-11,330	1,991	-4,793	-8,282	-7,635	-4,829	-6,634	-19,799	-19,160	-13,386	623	-2,543	-10,625	-14,156	-6,546	-1,884	-8,980	-10,229	-6,501
Cashflow From Financing	171.9%	38,694	-53,849	-246	-42,458	-15,684	53,843	-20,670	-34,236	-80,454	17,492	76,653	-6,341	-43,701	89,733	4,714	-20,058	45,874	-90,138	31,678	-44,559	49,536
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	0.8%	25,278	25,085	25,052	15,207	-	-	15,099	24,842	15,393	36,026	15,494	-	-	-	-	-	1,912	-	-	-	5,150

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MHO Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Costs and Expenses [Abstract]
Revenue	$ 1,046,703	$ 1,000,530
Land and housing	763,360	765,904
General and administrative	56,084	50,960
Selling	53,940	49,080
Other expense (income)	0	(7)
Interest income	(6,920)	(1,389)
Total costs and expenses	866,464	864,548
Income before income taxes	180,239	135,982
Provision for income taxes	42,178	32,916
Net income	$ 138,061	$ 103,066
Earnings per common share:
Basic	$ 4.92	$ 3.73
Diluted	$ 4.78	$ 3.64
Weighted Average Number of Shares Outstanding [Abstract]
Basic	28,052	27,602
Diluted	28,888	28,305

MHO Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS:
Cash, cash equivalents and restricted cash	$ 870,162	$ 732,804
Mortgage loans held for sale	235,047	176,329
Inventory	2,774,165	2,797,151
Property and equipment - net	33,145	34,918
Investment in joint venture arrangements	59,146	44,011
Operating lease right-of-use assets	57,890	56,364
Deferred Income Tax Assets, Net	15,313	16,094
Goodwill	16,400	16,400
Other assets	150,683	148,369
Total assets	4,211,951	4,022,440
LIABILITIES:
Accounts payable	224,972	204,678
Customer deposits	92,516	85,128
Operating lease liabilities	59,163	57,566
Other liabilities	246,399	252,303
Community development district obligations	17,124	19,339
Obligation for consolidated inventory not owned	14,608	26,899
Notes payable bank - homebuilding operations	0
Notes payable bank - financial service operations	224,321	165,844
Senior notes due 2028 - net	397,072	396,879
Senior notes due 2030 - net	296,991	296,865
TOTAL LIABILITIES	1,573,166	1,505,501
Commitments and contingencies (Note 6)	0	0
SHAREHOLDERS' EQUITY:
Common shares - $0.01 par value; authorized 58,000,000 shares at both March 31, 2024 and December 31, 2023; issued 30,137,141 shares at both March 31, 2024 and December 31, 2023	301	301
Additional paid-in capital	348,039	349,907
Retained earnings	2,439,409	2,301,348
Treasury shares - at cost - 2,385,483 and 2,375,842 shares at March 31, 2024 and December 31, 2023, respectively	(148,964)	(134,617)
TOTAL SHAREHOLDERS' EQUITY	2,638,785	2,516,939
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 4,211,951	$ 4,022,440

About 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 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.

CEO	Mr. Robert H. Schottenstein
WEBSITE	mihomes.com
INDUSTRY	Home Improvement Retail
EMPLOYEES	1663

M-I Homes Inc Frequently Asked Questions

What is the ticker symbol for M-I Homes Inc? What does MHO stand for in stocks?

MHO is the stock ticker symbol of M-I Homes Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of M-I Homes Inc (MHO)?

As of Tue May 07 2024, market cap of M-I Homes Inc is 3.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MHO stock?

You can check MHO's fair value in chart for subscribers.

What is the fair value of MHO stock?

You can check MHO's fair value in chart for subscribers. The fair value of M-I Homes Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of M-I Homes Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MHO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is M-I Homes Inc a good stock to buy?

The fair value guage provides a quick view whether MHO is over valued or under valued. Whether M-I Homes Inc is cheap or expensive depends on the assumptions which impact M-I Homes Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MHO.

What is M-I Homes Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MHO's PE ratio (Price to Earnings) is 6.82 and Price to Sales (PS) ratio is 0.84. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MHO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on M-I Homes Inc's stock?

In the past 10 years, M-I Homes Inc has provided 0.188 (multiply by 100 for percentage) rate of return.