Mi Homes Stock Analysis

MHO Stock  USD 160.32  4.13  2.64%   
MI Homes is overvalued with Real Value of 133.88 and Target Price of 93.5. The main objective of MI Homes stock analysis is to determine its intrinsic value, which is an estimate of what MI Homes is worth, separate from its market price. There are two main types of MI Homes' stock analysis: fundamental analysis and technical analysis.
The MI Homes stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. MI Homes is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. MHO Stock trading window is adjusted to America/New York timezone.
  
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.

MHO Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.48. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MI Homes has Price/Earnings To Growth (PEG) ratio of 0.78. The entity recorded earning per share (EPS) of 18.62. The firm last dividend was issued on the 27th of June 2008. MI Homes had 2:1 split on the 20th of June 2002. 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. To find out more about MI Homes contact Robert Schottenstein at 614 418 8000 or learn more at https://www.mihomes.com.

MI Homes Quarterly Total Revenue

1.14 Billion

MI Homes Investment Alerts

MI Homes generated a negative expected return over the last 90 days
MI Homes is unlikely to experience financial distress in the next 2 years
Over 98.0% of the company shares are owned by institutional investors
Latest headline from kalkinemedia.com: Preventing Winter Damage Managed Renovations on Timely Remodeling for Maryland Homes

MI Homes Upcoming and Recent Events

Earnings reports are used by MI Homes to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

MHO Largest EPS Surprises

Earnings surprises can significantly impact MI Homes' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2014-07-24
2014-06-300.280.310.0310 
1996-10-31
1996-09-300.220.250.0313 
1996-05-02
1996-03-310.050.080.0360 
View All Earnings Estimates

MI Homes Environmental, Social, and Governance (ESG) Scores

MI Homes' ESG score is a quantitative measure that evaluates MI Homes' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of MI Homes' operations that may have significant financial implications and affect MI Homes' stock price as well as guide investors towards more socially responsible investments.

MI Homes Thematic Classifications

In addition to having MI Homes stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Furniture Idea
Furniture
Furniture manufacturers
Construction Idea
Construction
USA Equities from Construction industry as classified by Fama & French

MHO Stock Institutional Investors

Shares
Arrowstreet Capital Limited Partnership2024-06-30
563.6 K
Charles Schwab Investment Management Inc2024-09-30
462.1 K
Amvescap Plc.2024-06-30
460.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
451 K
Macquarie Group Ltd2024-06-30
356 K
Northern Trust Corp2024-09-30
320.2 K
Basswood Capital Management Llc2024-06-30
309.1 K
Hhg Plc2024-06-30
285.8 K
Bank Of New York Mellon Corp2024-06-30
262.4 K
Blackrock Inc2024-06-30
4.6 M
Vanguard Group Inc2024-09-30
2.7 M
Note, although MI Homes' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

MHO Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.25 B.

MHO Profitablity

The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.16 %, which entails that for every 100 dollars of revenue, it generated $0.16 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.12  0.12 
Return On Capital Employed 0.15  0.13 
Return On Assets 0.12  0.12 
Return On Equity 0.18  0.10 

Management Efficiency

MI Homes 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 22nd 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 22nd 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.
Last ReportedProjected for Next Year
Book Value Per Share 90.64  95.17 
Tangible Book Value Per Share 89.66  94.15 
Enterprise Value Over EBITDA 6.78  3.98 
Price Book Value Ratio 1.52  1.19 
Enterprise Value Multiple 6.78  3.98 
Price Fair Value 1.52  1.19 
Enterprise Value3.6 B3.8 B
Examining the leadership quality of MI Homes offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Operating Margin
0.1561
Profit Margin
0.1254
Beta
2.241
Return On Assets
0.0973
Return On Equity
0.2032

Technical Drivers

As of the 22nd of November, MI Homes owns the Market Risk Adjusted Performance of 0.0373, mean deviation of 1.64, and Standard Deviation of 2.23. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of MI Homes, as well as the relationship between them.

MI Homes Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MI Homes middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MI Homes. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MI Homes Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MI Homes insiders, such as employees or executives, is commonly permitted as long as it does not rely on MI Homes' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MI Homes insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

MI Homes Outstanding Bonds

MI Homes issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MI Homes uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MHO bonds can be classified according to their maturity, which is the date when MI Homes has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

MI Homes Predictive Daily Indicators

MI Homes intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MI Homes stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

MI Homes Corporate Filings

F4
14th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
13th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
7th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
1st of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
25th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

MI Homes Forecast Models

MI Homes' time-series forecasting models are one of many MI Homes' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MI Homes' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About MHO Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how MI Homes prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MHO shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MI Homes. By using and applying MHO Stock analysis, traders can create a robust methodology for identifying MHO entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.15  0.16 
Operating Profit Margin 0.15  0.15 
Net Profit Margin 0.12  0.12 
Gross Profit Margin 0.25  0.15 

Current MHO Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MHO analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MHO analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
93.5Strong Buy3Odds
MI Homes current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MHO analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MHO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MI Homes, talking to its executives and customers, or listening to MHO conference calls.
MHO Analyst Advice Details

MHO Stock Analysis Indicators

MI Homes stock analysis indicators help investors evaluate how MI Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MI Homes shares will generate the highest return on investment. By understating and applying MI Homes stock analysis, traders can identify MI Homes position entry and exit signals to maximize returns.
Begin Period Cash Flow311.5 M
Long Term Debt859.6 M
Common Stock Shares Outstanding28.7 M
Total Stockholder Equity2.5 B
Tax Provision143 M
Quarterly Earnings Growth Y O Y0.058
Property Plant And Equipment Net91.3 M
Cash And Short Term Investments732.8 M
Cash732.8 M
Accounts Payable204.7 M
Net Debt184.3 M
50 Day M A162.9022
Total Current Liabilities289.8 M
Other Operating Expenses3.4 B
Non Current Assets Total338.3 M
Forward Price Earnings7.6923
Non Currrent Assets Other67.7 M
Stock Based Compensation11.4 M
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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
18.62
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.