M/I Homes/$MHO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About M/I Homes
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions, and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprises a predominant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
- Ticker
- $MHO
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 1,801
- Headquarters
- Columbus, United States
- Website
- www.mihomes.com
M/I Homes Metrics
BasicAdvanced
$3.4B
12.77
$10.52
1.60
-
Price and volume
Market cap
$3.4B
Beta
1.6
52-week high
$163.66
52-week low
$113.40
Average daily volume
323K
Financial strength
Current ratio
8.329
Quick ratio
1.35
Long term debt to equity
0.23
Total debt to equity
0.301
Profitability
EBITDA (TTM)
401.252
Gross margin (TTM)
20.16%
Net profit margin (TTM)
6.59%
Operating margin (TTM)
9.10%
Effective tax rate (TTM)
23.19%
Revenue per employee (TTM)
$2,340,000
Management effectiveness
Return on assets (TTM)
4.97%
Return on equity (TTM)
8.67%
Valuation
Price to earnings (TTM)
12.766
Price to revenue (TTM)
0.825
Price to book
1.05
Price to tangible book (TTM)
1.06
Price to free cash flow (TTM)
23.689
Free cash flow yield (TTM)
4.22%
Free cash flow per share (TTM)
5.67
Growth
Revenue change (TTM)
-6.00%
Earnings per share change (TTM)
-38.29%
3-year revenue growth (CAGR)
-0.55%
10-year revenue growth (CAGR)
9.90%
3-year earnings per share growth (CAGR)
-15.16%
10-year earnings per share growth (CAGR)
20.75%
What the Analysts think about M/I Homes
Analyst ratings (Buy, Hold, Sell) for M/I Homes stock.
Analyst projections of the future price of M/I Homes stock.
Bulls say / Bears say
M/I Homes has room to weather a weak housing market: at quarter-end it held $621 million in cash, had no borrowings on its $900 million credit line, and reported record equity of $3.3 billion with homebuilding debt-to-capital of 18%. (M/I Homes, Inc.)
New contracts rose 5% in the first nine months of 2026, even though they dipped in the third quarter, while the quarterly cancellation rate held steady at 12%. That points to some resilience in demand despite the tougher recent market. (M/I Homes, Inc.)
The company expanded its selling footprint to 246 communities from 233 a year earlier and expects its year-end count to be about 5% higher than in 2025. Management also sees scope for 5% to 10% annual community growth over time. (M/I Homes, Inc., Investing.com)
Profitability is falling sharply: third-quarter net income declined 38% year on year and gross margin fell to 20.9% from 23.9%. M/I Homes attributed the squeeze mainly to higher mortgage-rate buydown costs and lot costs. (M/I Homes, Inc., M/I Homes, Inc. (via Public))
The sales pipeline weakened in the third quarter: new contracts fell 2%, while backlog units declined 7% and backlog value fell 9% year on year. A smaller backlog could leave less cover for future deliveries and revenue. (M/I Homes, Inc.)
High mortgage rates and affordability pressures could keep weighing on buyers: rates exceeded 7% by quarter-end, and the company said challenging conditions may persist through 2026 and into 2027. Continued reliance on rate buydowns to support sales risks further pressure on margins. (M/I Homes, Inc. (via Public))
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2026.
M/I Homes Financial Performance
Revenues and expenses
M/I Homes Earnings Performance
Company profitability
Upcoming events
No upcoming events
M/I Homes News
AllArticlesVideos
Funds containing M/I Homes
AllUSDEURGBP
Fund name | Fund size | $MHO weighting |
|---|---|---|
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.20% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.20% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.12% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.12% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.12% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.