Q1 2025 EPS Estimates for M/I Homes, Inc. (NYSE:MHO) Lifted by Analyst

M/I Homes, Inc. (NYSE:MHO) – Analysts at Wedbush upped their Q1 2025 earnings per share estimates for shares of M/I Homes in a research report issued on Wednesday, April 24th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $4.34 per share for the quarter, up from their prior forecast of $4.13. Wedbush has a “Neutral” rating and a $130.00 price target on the stock. The consensus estimate for M/I Homes’ current full-year earnings is $16.35 per share. Wedbush also issued estimates for M/I Homes’ Q2 2025 earnings at $4.43 EPS.

Separately, StockNews.com upgraded M/I Homes from a “buy” rating to a “strong-buy” rating in a research report on Friday.

M/I Homes Stock Down 0.2 %

Shares of MHO opened at $120.07 on Friday. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 6.91 and a beta of 2.13. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.68 and a current ratio of 6.51. The business’s fifty day moving average price is $123.21 and its two-hundred day moving average price is $116.08. M/I Homes has a 52 week low of $64.28 and a 52 week high of $140.73.

M/I Homes (NYSE:MHO) last released its quarterly earnings results on Wednesday, April 24th. The construction company reported $4.78 EPS for the quarter, topping analysts’ consensus estimates of $3.96 by $0.82. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. M/I Homes had a return on equity of 20.26% and a net margin of 12.27%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of M/I Homes by 4.9% in the 4th quarter. Vanguard Group Inc. now owns 2,056,865 shares of the construction company’s stock valued at $283,313,000 after purchasing an additional 95,437 shares during the period. Westfield Capital Management Co. LP lifted its stake in shares of M/I Homes by 21.1% in the 4th quarter. Westfield Capital Management Co. LP now owns 1,184,431 shares of the construction company’s stock valued at $163,144,000 after purchasing an additional 206,509 shares during the period. Pacer Advisors Inc. lifted its stake in shares of M/I Homes by 49.4% in the 4th quarter. Pacer Advisors Inc. now owns 1,070,909 shares of the construction company’s stock valued at $147,507,000 after purchasing an additional 354,182 shares during the period. American Century Companies Inc. raised its stake in M/I Homes by 27.0% during the 3rd quarter. American Century Companies Inc. now owns 480,872 shares of the construction company’s stock worth $40,412,000 after buying an additional 102,358 shares during the period. Finally, Invesco Ltd. raised its stake in M/I Homes by 15.4% during the 3rd quarter. Invesco Ltd. now owns 427,281 shares of the construction company’s stock worth $35,909,000 after buying an additional 57,162 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Insider Buying and Selling at M/I Homes

In other M/I Homes news, insider Ann Marie Hunker sold 2,461 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $128.51, for a total value of $316,263.11. Following the transaction, the insider now directly owns 2,342 shares in the company, valued at approximately $300,970.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.60% of the company’s stock.

M/I Homes Company Profile

M/I Homes, Inc, together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.