Company Performance - M/I Homes (MHO) closed at 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]
M/I Homes (MHO) Ascends But Remains Behind Market: Some Facts to Note