M/I Homes Inc. Sets New 1-Year Low at $17.82 (MHO)
M/I Homes (NYSE:MHO) set a new 52-week low during trading on Wednesday, Analyst RN reports. The stock traded as low as $17.82 and last traded at $18.42, with a volume of 159,341 shares traded. The stock had previously closed at $18.29.
A number of analysts have recently weighed in on MHO shares. Analysts at Zacks upgraded shares of M/I Homes from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $21.10 price target on the stock.
M/I Homes has a 1-year low of $18.02 and a 1-year high of $29.07. The stock has a 50-day moving average of $19.6 and a 200-day moving average of $22.60. The company has a market cap of $443.5 million and a P/E ratio of 18.63.
M/I Homes (NYSE:MHO) last released its earnings data on Thursday, July 25th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.13. The company had revenue of $234.55 million for the quarter, compared to the consensus estimate of $255.45 million. The company’s revenue for the quarter was up 37.2% on a year-over-year basis. On average, analysts predict that M/I Homes will post $1.48 earnings per share for the current fiscal year.
M/I Homes, Inc is a builder of single-family homes. The Company consists of two distinct operations and reporting segments: homebuilding and financial services.
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