The Nation's Largest Homebuilder Commands a 75% Valuation Premium Despite Lower Returns Than Its Regional Rival
Core Viewpoint - M/I Homes and D.R. Horton are experiencing significant growth in home sales, driven by strong demand and favorable market conditions [1] Group 1: Company Performance - M/I Homes reported a 15% increase in home sales year-over-year, reflecting robust demand in the housing market [1] - D.R. Horton achieved a 20% rise in net sales for the last quarter, indicating strong consumer interest and effective sales strategies [1] Group 2: Market Trends - The housing market is showing resilience, with low mortgage rates and a limited supply of homes contributing to increased sales [1] - Both companies are expanding their operations in key markets, capitalizing on the ongoing demand for new homes [1]