M/I Homes

M/I Homes, Inc. engages in the construction and development of residential properties. It operates through the following business segments: Homebuilding and Financial Services. The Homebuilding segment designs, markets, constructs and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers. The Financial Services segment offer mortgage banking services to homebuyers. The company was founded by Irving Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

M/I Homes achieves record revenue in Q4 amidst contract challenges

M/I Homes delivered strong financial performance in Q4 2022, with record revenue and income, despite challenges in contract volumes.
Operational strengths in key markets and resilient mortgage operations position the company well for future growth.
While facing margin pressures, cost reductions and operational improvements present opportunities for enhanced profitability in 2023.

M/I Homes posts record Q1 revenue and income growth

M/I Homes reported a robust first quarter with record revenue and income growth, despite challenges in gross margins and macroeconomic uncertainties.
The company's strong balance sheet, performance in key markets, and focus on expanding community count position it well for continued success in 2023.
Addressing challenges in cost management and pricing strategies while capitalizing on growth opportunities will be crucial for sustaining momentum and profitability.

M/I Homes reports robust Q2 performance, eyes digital growth strategies

M/I Homes' Q2 performance reflects resilience in a challenging environment, with strategic initiatives driving growth. The company faces challenges in managing costs and maintaining margins but has opportunities for expansion in key markets and through digital marketing efforts.

M/I Homes reports stellar Q3 results amidst pricing challenges

M/I Homes excelled in Q3 with strong financials and market performance. Challenges ahead include pricing pressure and limited pricing power. Opportunities lie in community expansion and market share gains through strategic initiatives.

M/I Homes reports outstanding 2023 performance, eyes sustainable growth

M/I Homes delivered exceptional financial results in 2023, driven by strong sales performance and operational efficiency. While facing challenges in home closings and rising land costs, the company is well-positioned to capitalize on growth opportunities by focusing on quality products and operational enhancements.

M/I Homes achieves record Q1 results, eyes growth opportunities

M/I Homes delivered exceptional results in Q1, driven by strong sales and operational performance.
Despite challenges like increasing land costs, the company's solid balance sheet and growth strategy position it well.
Opportunities lie in market demand, new store openings, and product appeal.
Overall, M/I Homes is on track for continued growth and success in 2024.

M/I Homes achieves record Q2 performance amidst economic uncertainties

M/I Homes excelled in Q2 2024 with robust financial metrics and operational performance.
The company's strategic focus on liquidity, land control, and cost management positions it well for future growth.
Despite economic uncertainties, M/I Homes remains well-positioned to capitalize on opportunities for expansion and efficiency.

M/I Homes reports record Q3 performance amidst industry challenges

M/I Homes demonstrated resilience in a challenging environment, achieving record performance metrics and maintaining a strong financial position. Strategic initiatives like mortgage rate buydowns and focus on product diversification position the company for sustained growth. Addressing challenges from industry headwinds and natural disasters, M/I Homes remains focused on driving demand and expanding its market presence.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

M/I Homes, Inc. engages in the construction and development of residential properties. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment includes Northern and Southern Homebuilding which designs, markets, constructs, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers. The Financial Services segment offers mortgage banking services to homebuyers. The company was founded by Irving Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.

MGIC Investment

NMI Hlds

Opendoor

PulteGroup

Redfin

Rocket Companies, Inc.

Zillow

I analyze four housing sectors - realtors, homebuilders, mortgage bankers and private mortgage insurers. I compare them on three factors - supply, demand and valuation.

Housing Industry Picks And Pans - The Supply/Demand Test

Century Communities

Meritage Homes

TRI Pointe Group

The housing market is still going strong, which makes for the right opportunity to invest in stocks like Meritage Homes (MTH), MI Homes (MHO), TRI Pointe (TPH), and Century Communities (CCS).

4 Stocks to Buy on a Booming Homebuilding Market

The latest September reading of builders' confidence reflects thriving housing market conditions, defying supply shortage.

Builders Regain Confidence in September: Top 4 Housing Picks

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is M/I Homes (MHO) Stock Undervalued Right Now?

M/I Homes (MHO) has been struggling lately, but the selling pressure may be coming to an end soon.

M/I Homes (MHO) Sees Hammer Chart Pattern: Time to Buy?

Chemours

Matson

Santander Consumer USA Hlds

SC, CC, MATX, and MHO made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 13, 2021.

Top Ranked Value Stocks to Buy for September 13th

ArcBest

Genesco

Oxford Industries

Titan Machinery

It's time we shrugged off the myth that September is destined to be a weak month and seriously consider all the positive signs indicating a robust economy.

Prepare Yourself for a Stronger Economy

Community Financial

Encore Wire

TCFC, GMS, MHO, and WIRE made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 8, 2021.

Top Ranked Value Stocks to Buy for September 8th

Toll Brothers

Although a rise in input prices and land/labor costs pose risks, low mortgage rates and higher demand are likely to drive the industry. TOL, MTH, TPH, CCS, and MHO are well-positioned to gain.

5 Top Homebuilding Stocks to Ride the Booming Industry

M/I Homes: Another Super-Cheap Homebuilder, Could Double From Here

Flagstar Bancorp

Group 1 Automotive

Macy's

Whiting Petroleum

Even with stocks at new highs, there are plenty of quality dirt cheap stocks.

5 Top Stocks with P/Es Under 10

Covenant Logistics Group Inc

United States Steel

CVLG, X, MHO, and WIRE made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 2, 2021

Top Ranked Value Stocks to Buy for September 2nd

KB Home

U.S. construction activity is gaining momentum on a robust homebuilding market, helping stocks like KB Home (KBH), Toll Brothers (TOL) and Century Communities (CCS).

Construction Spending Soars on Homebuilding Activity: 6 Picks

Rent-A-Center

Some investors might want to consider buying strong stocks to start the new month, with trading volumes likely to return to normal levels soon after the Labor Day holiday. And utilizing our Filtered Zacks Rank 5 Stock Screener is a great place to start.

Find 'Strong Buy' Stocks for September with this Screener

The U.S. homebuilding market has been doing well for quite some time, which has been helping stocks like NVR, KBH, MTH, MHO, CCS, and TPH.

6 Solid Stocks to Buy on a Promising Homebuilding Market

Lifetime Brands

Mueller Industries

Piper Sandler Cos

TimkenSteel

Let's take a look at these five top-ranked stocks with impressive net profit margins for a winning portfolio.

5 Top Ranked Stocks With Solid Net Profit Margins

Surge in existing home sales and millennials home buying spree calls for investing in M/I Homes (MHO), Century Communities (CCS), KB Home (KBH), NVR (NVR) and Tri Pointe Homes (TPH).

Millennial Buyers Continue to Boost Home Sales: 5 Top Picks

The housing market still has immense potential and people are still buying homes despite surging prices which is helping stocks like KB Home (KBH), TRI Pointe Group, Inc. (TPH) and NVR, Inc. (NVR).

5 Stocks to Buy on Unstoppable Housing Market Growth

Turtle Beach

Koppers

Perdoceo Education

Primoris Services

Standard Motor Products

Supernus Pharmaceuticals

Tutor Perini

Tupperware

USANA Health Sciences

History shows that small-cap value stocks have been one of the best-performing asset classes. Here are the ones to have on your radar.

10 Super Small-Cap Value Stocks to Snap Up

Atlas Air Worldwide

Dillard's

Grayscale Ethereum Mini Trust

DDS, AAWW, ETH, and MHO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 16, 2021

Top Ranked Momentum Stocks to Buy for August 16th

Is M/I Homes (MHO) a Great Value Stock Right Now?

MHO, AAWW, CVLG, and TUP made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 16, 2021.

Top Ranked Value Stocks to Buy for August 16th

M/I Homes: A Small But Fast-Growing Homebuilder

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced today the pricing of its offering of $300 million aggregate principal amount of 3.950% senior notes due 2030 (the "New Senior Notes") at 100% of par. The New Senior Notes will mature on February 15, 2030.

M/I Homes Announces Pricing of $300 Million of Senior Notes due 2030

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced today that it plans to offer, subject to market and other conditions, $300 million aggregate principal amount of senior notes due 2030 (the "New Senior Notes") in an unregistered offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act").  The offering of the New Senior Notes has not been registered under the Securities Act or any state securities laws, and the New Senior Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

M/I Homes, Inc. Announces Proposed Offering of Senior Notes

News for M/I Homes Stock (MHO)