Group 1 - M/I Homes closed at $131.95, reflecting a +0.96% change from the previous day, underperforming the S&P 500's gain of 1.26% [1] - The stock has decreased by 18.22% over the past month, while the Construction sector and S&P 500 have lost 12.76% and 2.82%, respectively [1] Group 2 - M/I Homes is set to report earnings on January 29, 2025, with an expected EPS of $4.83, indicating a 31.97% increase year-over-year [2] - The projected revenue for the upcoming earnings report is $1.17 billion, which represents a 20.12% increase from the same period last year [2] Group 3 - Recent changes in analyst estimates for M/I Homes are important as they reflect near-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 rated stocks averaging a +25% annual return since 1988 [4][5] Group 4 - M/I Homes has a Forward P/E ratio of 6.4, which is lower than the industry average of 7.77, suggesting the company is trading at a discount [6] - The Building Products - Home Builders industry, part of the Construction sector, has a Zacks Industry Rank of 172, placing it in the bottom 32% of over 250 industries [6][7]

M/I Homes (MHO) closed the most recent trading day at $133.97, moving -1.74% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.11%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq lost 1.49%.Shares of the homebuilder have depreciated by 17.14% over the course of the past month, underperforming the Construction sector's loss of 10.86% and the S&P 500's gain of 0.4%.The investment community will be paying close attention to the earnings performance ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about M/I Homes (MHO) .M/I Homes currently has an average brokerage rec ...

Group 1 - The housing market is experiencing a perpetual shortage, which presents investment opportunities in construction-focused companies [1] - Crude Value Insights provides an investment service centered on oil and natural gas, emphasizing cash flow generation and growth potential [1] Group 2 - Subscribers have access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the oil and gas investment opportunities [3]

Company Performance - M/I Homes (MHO) closed at $156.48, reflecting a -1.04% change from the previous day, underperforming the S&P 500 which gained 0.82% [1] - Over the past month, M/I Homes shares increased by 1.37%, outperforming the Construction sector's decline of 3.3% and the S&P 500's gain of 0.8% [1] Upcoming Financial Results - M/I Homes is set to announce its earnings on January 29, 2025, with analysts expecting earnings of $4.83 per share, indicating a year-over-year growth of 31.97% [2] - The consensus estimate for revenue is $1.17 billion, representing a 20.12% increase compared to the same quarter last year [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $19.83 per share and revenue of $4.47 billion, reflecting year-over-year changes of +22.33% and +10.77% respectively [3] - Recent analyst estimate revisions suggest optimism regarding M/I Homes' business and profitability [3] Analyst Ratings and Valuation - M/I Homes currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate decreasing by 0.67% over the past month [5] - The company is trading at a Forward P/E ratio of 7.98, which is lower than the industry average Forward P/E of 9.15 [5] Industry Context - M/I Homes operates within the Building Products - Home Builders industry, which is part of the Construction sector and holds a Zacks Industry Rank of 148, placing it in the bottom 42% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

In the latest trading session, M/I Homes (MHO) closed at $159.81, marking a -1.47% move from the previous day. This change lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow lost 0.55%, and the Nasdaq, a tech-heavy index, lost 0.18%.The homebuilder's stock has climbed by 0.79% in the past month, falling short of the Construction sector's gain of 6.66% and the S&P 500's gain of 6.66%.Analysts and investors alike will be keeping a close eye on the performance of M/I Homes in its upcoming earnings di ...

Group 1 - M/I Homes (NYSE: MHO) stock has experienced significant gains recently due to a resurgence in the U.S. homebuilding sector, driven by recent interest rate cuts [1] - The performance of real estate stocks, including M/I Homes, has been notably strong, indicating a positive trend in the market [1] Group 2 - The article highlights the expertise of the financial journalist Muslim Farooque, who has over five years of experience in covering stock and cryptocurrency markets [1]

M/I Homes (MHO) came out with quarterly earnings of $5.10 per share, beating the Zacks Consensus Estimate of $4.94 per share. This compares to earnings of $4.82 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 3.24%. A quarter ago, it was expected that this homebuilder would post earnings of $4.60 per share when it actually produced earnings of $5.12, delivering a surprise of 11.30%. Over the last four quarters, the company has ...

Exhibit 99.1 M/I Homes Reports 2024 Third Quarter Results Columbus, Ohio (October 30, 2024) - M/I Homes, Inc. (NYSE:MHO) announced results for the three and nine months ended September 30, 2024. 2024 Third Quarter Highlights: • Record third quarter homes delivered, revenue, and income • Homes delivered increased 8% to 2,271 • Revenue increased 9% to $1.1 billion • Pre-tax income increased 6% to $188.7 million, 16.5% of revenue • Net income increased 5% to $145.4 million ($5.10 per diluted share) • Sharehold ...

COLUMBUS, Ohio, Oct. 30, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for the three and nine months ended September 30, 2024. 2024 Third Quarter Highlights: Record third quarter homes delivered, revenue, and income Homes delivered increased 8% to 2,271 Revenue increased 9% to $1.1 billion Pre-tax income increased 6% to $188.7 million, 16.5% of revenue Net income increased 5% to $145.4 million ($5.10 per diluted share) Shareholders' equity reached an all-time record $2.8 billion, a 17% ...