Wedbush Analysts Increase Earnings Estimates for M/I Homes, Inc. (NYSE:MHO)

M/I Homes, Inc. (NYSE:MHO) – Wedbush lifted their Q1 2025 EPS estimates for shares of M/I Homes in a report issued on Wednesday, April 24th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $4.34 per share for the quarter, up from their prior estimate of $4.13. Wedbush currently has a “Neutral” rating and a $130.00 target price 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 raised shares of M/I Homes from a “hold” rating to a “buy” rating in a research note on Monday, February 19th.

M/I Homes Trading Down 1.7 %

Shares of MHO opened at $120.29 on Friday. The firm’s 50-day moving average price is $123.20 and its 200-day moving average price is $115.80. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 6.92 and a beta of 2.13. The company has a current ratio of 6.51, a quick ratio of 1.68 and a debt-to-equity ratio of 0.35. M/I Homes has a 1-year low of $63.39 and a 1-year high of $140.73.

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

Insiders Place Their Bets

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

Institutional Trading of M/I Homes

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Voss Capital LLC purchased a new stake in M/I Homes during the fourth quarter valued at approximately $3,444,000. Seven Eight Capital LP bought a new position in shares of M/I Homes in the third quarter worth approximately $247,000. Vanguard Group Inc. boosted its position in shares of M/I Homes by 2.3% in the third quarter. Vanguard Group Inc. now owns 1,961,428 shares of the construction company’s stock worth $164,838,000 after purchasing an additional 43,417 shares during the period. Stratos Wealth Partners LTD. boosted its position in shares of M/I Homes by 143.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 26,284 shares of the construction company’s stock worth $3,620,000 after purchasing an additional 15,481 shares during the period. Finally, Assenagon Asset Management S.A. bought a new position in shares of M/I Homes in the fourth quarter worth approximately $9,262,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

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.