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.

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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.

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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.

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Here is how M/I Homes (MHO) and Taylor Morrison Home (TMHC) have performed compared to their sector so far this year.

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M/I Homes (MHO) Stock Sinks As Market Gains: Here's Why

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All You Need to Know About M/I Homes (MHO) Rating Upgrade to Strong Buy

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M/I Homes: A Great Home For Your Cash

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News for M/I Homes Stock (MHO)