The latest trading session saw M/I Homes (MHO) ending at $168.80, denoting a -1.11% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. The homebuilder's stock has climbed by 3.72% in the past month, exceeding the Construction sector's gain of 3.49% and the S&P 500's gain of 1.65%. The investment community will be paying close attention to the earnings performan ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. M/I Homes (MHO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. M/I Homes is a member of our Construction group, which includes 91 different companies and currently sits at #7 in the Zacks Sector Rank. Th ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

M/I Homes (MHO) closed at $153.84 in the latest trading session, marking a -1.12% move from the prior day. This change lagged the S&P 500's 0.45% gain on the day. Elsewhere, the Dow saw a downswing of 0.23%, while the tech-heavy Nasdaq appreciated by 0.84%. The homebuilder's shares have seen an increase of 9.9% over the last month, surpassing the Construction sector's gain of 1.61% and the S&P 500's gain of 2.54%. The investment community will be paying close attention to the earnings performance of M/I Hom ...

M/I Homes (MHO) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a cha ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 6th: M/I Homes, Inc. (MHO) : This residential home-builder carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days. M/I Homes has a price-to-earnings ratio (P/E) of 7.87, compared with 11.10 for the industry. The company possesses a Value Score of A. OFG Bancorp (OFG) : This banking and financial services company c ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 4th: M/I Homes, Inc. (MHO) : This residential home-builder has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days. M/I Homes' shares gained 21.8% over the last three months compared with the S&P 500's advance of 3.3%. The company possesses a Momentum Score of A. Sumitomo Mitsui Financial Group, Inc. (SMFG) : This compan ...

The Good Brigade One of my best calls over the last couple of years has been a home builder by the name of M/I Homes (MHO). In my last article about the company, published in early January 2023, I acknowledged that the company had been doing quite well for itself. I did say that the firm might see some short-term pain. But ultimately, I concluded that the long-term picture for the business was positive. This led me to keep the firm rated a 'buy' to reflect my view that shares would outperform the broader ma ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...