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M/I Homes (NYSE:MHO) was downgraded by equities research analysts at TheStreet from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, AnalystRatingsNetwork reports.

The analysts wrote, “M/I Homes (MHO) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself.”

M/I Homes (NYSE:MHO) traded up 0.77% during mid-day trading on Friday, hitting $24.95. The stock had a trading volume of 135,292 shares. M/I Homes has a one year low of $17.82 and a one year high of $27.88. The stock’s 50-day moving average is $24.59 and its 200-day moving average is $21.49. The company has a market cap of $607.7 million and a P/E ratio of 4.69.

M/I Homes (NYSE:MHO) last released its earnings data on Wednesday, January 29th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.07. The company had revenue of $336.30 million for the quarter, compared to the consensus estimate of $303.40 million. The company’s revenue for the quarter was up 34.0% on a year-over-year basis. On average, analysts predict that M/I Homes will post $1.57 earnings per share for the current fiscal year.

A number of other firms have also recently commented on MHO. Analysts at JMP Securities cut their price target on shares of M/I Homes from $28.00 to $27.00 in a research note to investors on Thursday. Separately, analysts at Thomson Reuters/Verus downgraded shares of M/I Homes from a “hold” rating to a “sell” rating in a research note to investors on Monday. Finally, analysts at Zacks downgraded shares of M/I Homes from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 30th. They now have a $26.90 price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. M/I Homes has an average rating of “Hold” and a consensus price target of $29.30.

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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