A number of research firms have changed their ratings and price targets for M/I Homes (NYSE: MHO):

  • 8/2/2017 – M/I Homes was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/31/2017 – M/I Homes was upgraded by analysts at JMP Securities from a “market perform” rating to an “outperform” rating. They now have a $32.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 7/29/2017 – M/I Homes was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $29.00 price target on the stock. According to Zacks, “M/I Homes, Inc. is one of the nation’s leading builders of single-family homes. Their homes are marketed and sold under the trade names M/I Homes and Showcase Homes. They have homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Tampa, Orlando and Palm Beach County, Florida; Charlotte and Raleigh, North Carolina; Virginia and Maryland. “
  • 7/28/2017 – M/I Homes was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 7/27/2017 – M/I Homes was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/8/2017 – M/I Homes was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/28/2017 – M/I Homes was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “M/I Homes, Inc. is one of the nation’s leading builders of single-family homes. Their homes are marketed and sold under the trade names M/I Homes and Showcase Homes. They have homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Tampa, Orlando and Palm Beach County, Florida; Charlotte and Raleigh, North Carolina; Virginia and Maryland. “

M/I Homes, Inc. (MHO) traded down 0.50% on Wednesday, reaching $25.62. 151,435 shares of the company’s stock were exchanged. The firm’s 50 day moving average is $27.41 and its 200 day moving average is $26.12. The stock has a market capitalization of $643.16 million, a P/E ratio of 12.12 and a beta of 1.09. M/I Homes, Inc. has a 1-year low of $20.40 and a 1-year high of $29.42.

M/I Homes (NYSE:MHO) last released its earnings results on Wednesday, July 26th. The construction company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $456.87 million for the quarter, compared to analyst estimates of $456.56 million. M/I Homes had a return on equity of 12.99% and a net margin of 3.57%. M/I Homes’s revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.52 earnings per share. Analysts expect that M/I Homes, Inc. will post $3.00 EPS for the current year.

M/I Homes, Inc is a builder of single-family homes. The Company consists of two operations: homebuilding and financial services. It operates through Midwest homebuilding, Southern homebuilding, Mid-Atlantic homebuilding and financial services operations segments. The Company and its subsidiaries are engaged primarily in the construction and sale of single-family residential homes in 15 markets: Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St.

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