Kevin Brown - MI Homes Area President

MHO Stock  USD 169.14  8.55  5.32%   

President

Kevin Brown is Area President of MI Homes
Address 4131 Worth Avenue, Columbus, OH, United States, 43219-6011
Phone614 418 8000
Webhttps://www.mihomes.com

MI Homes Management Efficiency

The company has Return on Asset of 0.0973 % which means that on every $100 spent on assets, it made $0.0973 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2032 %, implying that it generated $0.2032 on every 100 dollars invested. MI Homes' management efficiency ratios could be used to measure how well MI Homes manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MI Homes' Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.12, while Return On Capital Employed is likely to drop 0.13. At this time, MI Homes' Debt To Assets are very stable compared to the past year. As of the 26th of November 2024, Fixed Asset Turnover is likely to grow to 80.39, while Non Currrent Assets Other are likely to drop about 56.8 M.
MI Homes has 917.15 M in debt with debt to equity (D/E) ratio of 0.48, which is OK given its current industry classification. MI Homes has a current ratio of 6.6, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MHO to invest in growth at high rates of return.

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MI Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. MI Homes, Inc. was founded in 1976 and is based in Columbus, Ohio. MI Homes operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1657 people. MI Homes (MHO) is traded on New York Stock Exchange in USA. It is located in 4131 Worth Avenue, Columbus, OH, United States, 43219-6011 and employs 1,607 people. MI Homes is listed under Household Durables category by Fama And French industry classification.

Management Performance

MI Homes Leadership Team

Elected by the shareholders, the MI Homes' board of directors comprises two types of representatives: MI Homes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MHO. The board's role is to monitor MI Homes' management team and ensure that shareholders' interests are well served. MI Homes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MI Homes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Norman Traeger, Independent Director
Ann Hunker, Chief VP
Kevin Hake, Senior Development
Kumi Walker, Independent Director
Derek Klutch, President Financial
Friedrich Bohm, Lead Independent Director
Elizabeth Ingram, Independent Director
William Carter, Independent Director
Phillip Creek, CFO, Executive VP, Director and Member of Executive Committee
Fred Sikorski, Sarasota, Columbus
Thomas Jacobs, Austin and President
Susan Krohne, Senior Vice President Chief Legal Officer and Secretary
Mark Kirkendall, VP Treasurer
Michael Glimcher, Independent Director
Robert Schottenstein, Chairman, CEO and President Assistant Secretary and Chairman of Executive Committee
Kevin Brown, Area President
J Mason, Executive Vice President Secretary, Chief Legal Officer, Director
Nancy Kramer, Independent Director
Robert JD, President Chairman
Joe Fontana, Pres Division

MHO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MI Homes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with MI Homes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MI Homes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MI Homes will appreciate offsetting losses from the drop in the long position's value.

Moving together with MHO Stock

  0.64BC BrunswickPairCorr

Moving against MHO Stock

  0.31DOGZ Dogness International Downward RallyPairCorr
The ability to find closely correlated positions to MI Homes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MI Homes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MI Homes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MI Homes to buy it.
The correlation of MI Homes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MI Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MI Homes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MI Homes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.058
Earnings Share
18.61
Revenue Per Share
153.475
Quarterly Revenue Growth
0.092
Return On Assets
0.0973
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.