M/I Homes/$MHO

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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 comprise a predominant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.

Ticker

$MHO

Primary listing

NYSE

Employees

1,760

M/I Homes Metrics

BasicAdvanced
$4.1B
8.45
$18.23
1.64
-

What the Analysts think about M/I Homes

Analyst ratings (Buy, Hold, Sell) for M/I Homes stock.

Bulls say / Bears say

Sales of new single-family homes in the U.S. jumped 7.4% in March 2025 to a 724,000 seasonally adjusted annual rate—the fastest pace since September 2024—signaling a rebound in housing demand that should benefit M/I Homes' future deliveries. (Reuters)
A Reuters survey projects 30-year mortgage rates will average 6.76% in 2025 and fall to 6.32% in 2026, making homes more affordable and possibly increasing buyer interest in M/I Homes' entry-level and move-up markets. (Reuters)
According to the Financial Times, existing homeowners are holding onto mortgages with lower rates, keeping the supply of existing homes tight and supporting both pricing power and sales prospects for new homebuilders like M/I Homes. (Financial Times)
The number of first-time homebuyers fell to just 1.1 million in 2024—nearly half the historical average—marking the sharpest decline in homes priced under $500,000. This significantly dampens demand for M/I Homes' entry-level products. (WSJ)
U.S. housing affordability remains at its worst level in approximately forty years, even with anticipated rate cuts, restricting mortgage access and putting pressure on new home orders for M/I Homes. (Reuters)
Inventories of new single-family homes have risen to 503,000 units—an 8.3-month supply and the highest since November 2007—suggesting potential oversupply that could weigh on M/I Homes' prices and margins. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2025.

M/I Homes Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

M/I Homes Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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.

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