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How to buy M/I Homes stock | $44.54

Own M/I Homes stock in just a few minutes.


Fact checked

M/I Homes, Inc is a residential construction business based in the US. M/I Homes shares (MHO) are listed on the NYSE and all prices are listed in US Dollars. M/I Homes employs 1,401 staff and has a trailing 12-month revenue of around USD$2.7 billion.

How to buy shares in M/I Homes

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for M/I Homes. Find the stock by name or ticker symbol: MHO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until M/I Homes reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$44.54, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of M/I Homes, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of M/I Homes. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

M/I Homes share price

Use our graph to track the performance of MHO stocks over time.

M/I Homes shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$44.54
52-week rangeUSD$9.62 - USD$49.44
50-day moving average USD$45.1809
200-day moving average USD$35.975
Wall St. target priceUSD$51.5
PE ratio 8.1385
Dividend yield N/A (0%)
Earnings per share (TTM) USD$5.734

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy M/I Homes stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

M/I Homes price performance over time

Historical closes compared with the close of $44.54 from 2020-11-16

1 week (2021-01-12) 1.20%
1 month (2020-12-18) -8.07%
3 months (2020-10-20) -4.19%
6 months (2020-07-20) 20.09%
1 year (2020-01-17) -1.37%
2 years (2019-01-18) 80.54%
3 years (2018-01-19) 22.16%
5 years (2016-01-19) 149.80%

Is M/I Homes under- or over-valued?

Valuing M/I Homes stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of M/I Homes's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

M/I Homes's P/E ratio

M/I Homes's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, M/I Homes shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

M/I Homes's PEG ratio

M/I Homes's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.78. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into M/I Homes's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

M/I Homes's EBITDA

M/I Homes's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$246.5 million.

The EBITDA is a measure of a M/I Homes's overall financial performance and is widely used to measure a its profitability.

M/I Homes financials

Revenue TTM USD$2.7 billion
Operating margin TTM 8.65%
Gross profit TTM USD$491.4 million
Return on assets TTM 6.58%
Return on equity TTM 16.6%
Profit margin 6.17%
Book value $38.341
Market capitalisation USD$1.3 billion

TTM: trailing 12 months

Shorting M/I Homes shares

There are currently 789,850 M/I Homes shares held short by investors – that's known as M/I Homes's "short interest". This figure is 8.2% down from 860,337 last month.

There are a few different ways that this level of interest in shorting M/I Homes shares can be evaluated.

M/I Homes's "short interest ratio" (SIR)

M/I Homes's "short interest ratio" (SIR) is the quantity of M/I Homes shares currently shorted divided by the average quantity of M/I Homes shares traded daily (recently around 259819.07894737). M/I Homes's SIR currently stands at 3.04. In other words for every 100,000 M/I Homes shares traded daily on the market, roughly 3040 shares are currently held short.

However M/I Homes's short interest can also be evaluated against the total number of M/I Homes shares, or, against the total number of tradable M/I Homes shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case M/I Homes's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 M/I Homes shares in existence, roughly 30 shares are currently held short) or 0.0344% of the tradable shares (for every 100,000 tradable M/I Homes shares, roughly 34 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against M/I Homes.

Find out more about how you can short M/I Homes stock.

M/I Homes share dividends

We're not expecting M/I Homes to pay a dividend over the next 12 months.

Have M/I Homes's shares ever split?

M/I Homes's shares were split on a 2:1 basis on 20 June 2002. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your M/I Homes shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for M/I Homes shares which in turn could have impacted M/I Homes's share price.

M/I Homes share price volatility

Over the last 12 months, M/I Homes's shares have ranged in value from as little as $9.62 up to $49.44. A popular way to gauge a stock's volatility is its "beta".

MHO.US volatility(beta: 2.1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while M/I Homes's is 2.096. This would suggest that M/I Homes's shares are significantly more volatile than the average for this exchange and represent a higher risk.

M/I Homes overview

M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Michigan, Minnesota, North Carolina, Florida, and Texas, the United States. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes and Showcase Collection brand names, as well as Hans Hagen brand is used in older communities. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.

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