M/I Homes (MHO) Exceeds Market Returns: Some Facts to Consider

Stock Performance - M/I Homes ended the recent trading session at $127 88, showing a +0 88% increase from the previous day's close, outperforming the S&P 500's gain of 0 16% [1] - Over the last month, M/I Homes shares have decreased by 18 28%, underperforming the Construction sector's loss of 11 33% and the S&P 500's loss of 2 7% [1] Earnings and Revenue Projections - M/I Homes is expected to report earnings of$ 4 83 per share on January 29, 2025, representing a year-over-year growth of 31 97% [2] - Revenue is projected to be $1 17 billion, indicating a 20 12% increase from the same quarter last year [2] Analyst Estimates and Revisions - Recent changes to analyst estimates for M/I Homes reflect optimism about the company's business and profitability [3] - The Zacks Consensus EPS estimate has remained unchanged over the last 30 days, with M/I Homes currently holding a Zacks Rank of 4 (Sell) [5] Valuation Metrics - M/I Homes has a Forward P/E ratio of 6 26, which is a discount compared to the industry average of 7 81 [6] - The Building Products - Home Builders industry, part of the Construction sector, holds a Zacks Industry Rank of 227, placing it in the bottom 10% of all industries [6] Industry Performance - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]