M/I Homes, Inc.

Valuation Analysis

About the Company

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. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance po

M/I Homes, Inc. Stock at a Glance

M/I Homes, Inc. (MHO) is currently trading at $141.33 with a market capitalization of $3.6B. The trailing P/E ratio stands at 10.62x, with a forward P/E of 9.14x. The 52-week range spans from $103.52 to $158.92; the current price is 11.1% below the yearly high. Year-over-year revenue growth stands at -5.7%. The net profit margin stands at 8.24%.

💰 Dividend

M/I Homes, Inc. currently does not pay a dividend. The company typically reinvests its earnings into growth initiatives and product development.

📊 Analyst Rating

2 analysts rate M/I Homes, Inc. (MHO) on consensus: None. The average price target is $160.00, implying +13.21% from the current price. Analyst price targets range from $155.00 to $165.00.

M/I Homes, Inc.: The Investment Case in Detail

M/I Homes, Inc. (MHO) operates in the Consumer Cyclical — specifically Residential Construction — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

Our valuation screen flags the stock as undervalued relative to its fundamentals — multiples are running below where the cash flow profile would normally justify.

The Bear Case

Revenue is contracting at -5.7% year-over-year — until that trend reverses, valuation is exposed to further downgrades.

Valuation in Context

With a PEG ratio of 0.95, the price-to-earnings multiple is actually below the company's growth rate — classic value-meets-growth territory that Peter Lynch would have called a 'GARP' opportunity. The EV/EBITDA multiple of 7.66x is below the historical equity-market average — strategic acquirers would find the cash-flow profile attractive at this level.

What to Watch Next

• The forward P/E of 9.14x is meaningfully below the trailing 10.62x — analysts expect earnings to step up; the next earnings release is the test.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

The price is in a transition zone relative to the moving averages — no clear signal.

Risk Profile

The data points to above-average price swings, elevated short interest (6.55%).

Trading Data

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