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M/I Homes (MHO) Ascends But Remains Behind Market: Some Facts to Note
MHOM/I Homes(MHO) ZACKS·2025-01-18 00:15

Company Performance - M/I Homes (MHO) closed at 137.68,withadailyincreaseof0.48137.68, with a daily increase of 0.48%, underperforming the S&P 500's gain of 1% [1] - Over the past month, M/I Homes shares appreciated by 0.45%, outperforming the Construction sector's decline of 3.14% and the S&P 500's decline of 2.14% [1] Upcoming Earnings - M/I Homes is set to disclose its earnings on January 29, 2025, with an anticipated EPS of 4.83, reflecting a 31.97% increase year-over-year [2] - The consensus estimate for revenue is $1.17 billion, representing a 20.12% increase from the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for M/I Homes indicate a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system, which incorporates these estimate changes, suggests a viable rating system for stock performance [4] Valuation Metrics - M/I Homes has a Forward P/E ratio of 6.71, which is lower than the industry's average Forward P/E of 8.31, indicating a valuation discount [6] - The Building Products - Home Builders industry is currently ranked 204 in the Zacks Industry Rank, placing it in the bottom 19% of over 250 industries [6] Zacks Rank System - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with stocks rated 1 historically producing an average annual return of +25% since 1988 [5] - M/I Homes currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the past month [5]