Company Performance - M/I Homes (MHO) closed at $152.96, reflecting a -2.71% change from the previous day's closing price, underperforming the S&P 500 which gained 0.27% [1] - Over the past month, M/I Homes shares increased by 21.35%, outperforming the Construction sector's gain of 4.79% and the S&P 500's gain of 1.85% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated to show an EPS of $4.37, representing a 14.31% decline compared to the same quarter last year [2] - Revenue is forecasted to be $1.12 billion, indicating a 2.27% decline from the corresponding quarter of the prior year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $17.25 per share and revenue at $4.39 billion, reflecting changes of -12.48% and -2.57% respectively from the previous year [3] - Recent analyst estimate revisions suggest a favorable outlook on the business health and profitability [3] Valuation Metrics - M/I Homes has a Forward P/E ratio of 9.11, which is lower than the industry average Forward P/E of 11.93, indicating that M/I Homes is trading at a discount [6] - The Building Products - Home Builders industry is currently ranked 229 in the Zacks Industry Rank, placing it in the bottom 8% of over 250 industries [6] Analyst Ratings - M/I Homes currently holds a Zacks Rank of 5 (Strong Sell), with no changes in the Zacks Consensus EPS estimate over the past month [5] - The Zacks Rank system has a history of outperforming, with stocks rated 1 producing an average annual return of +25% since 1988 [5]
M/I Homes (MHO) Stock Declines While Market Improves: Some Information for Investors