M/I Homes, Inc.MHO

$149.09+6.31 (+4.42%)
NYSEConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$4B
Mid-cap
+579%
2016 — today
10-Year Price
+668%
2016 — today
52-Week Range
$109.83$157.22
Current $149.09· 83%

M/I Homes, Inc. (MHO), along with its affiliated companies, constructs single-family residences across a broad geographical area, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into three primary segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. Under the M/I Homes brand, the company engages in the entire process of home development, from conceptual design and construction to marketing and sales. It caters to a diverse clientele, encompassing first-time purchasers, millennials, those upgrading their homes, empty-nesters, and luxury market consumers, offering both detached single-family houses and attached townhouses. Beyond building, M/I Homes acquires raw land, transforming it into ready-to-build lots. These developed parcels are then utilized for its own single-family home construction projects or sold to external parties. Furthermore, its financial services division facilitates homeownership by originating and selling mortgage loans. This segment also operates as a title insurance provider, offering policies, conducting examinations, and managing closing services for individuals buying M/I Homes properties. Originally established in Columbus, Ohio, in 1976, the company was initially named M/I Schottenstein Homes, Inc. It adopted its current name, M/I Homes, Inc., in January 2004.

Valuation in context

P/E ratio
11.2
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.2
Above average
Pricier than usual over the last 10 years
EV / EBITDA
7.4
Above average
Pricier than usual over the last 10 years
PEG ratio
1.9
Near historic high
Near historic highs — last 10 years
FCF Yield
5.0%
Above average
Above the 10-year average
Free · No credit card needed

Get alerted when MHO is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.