Wedbush Has Negative Outlook of M/I Homes Q1 Earnings

M/I Homes, Inc. (NYSE:MHO - Free Report) - Research analysts at Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for M/I Homes in a report issued on Wednesday, January 29th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings of $4.34 per share for the quarter, down from their prior forecast of $4.89. Wedbush has a "Outperform" rating and a $185.00 price objective on the stock. The consensus estimate for M/I Homes' current full-year earnings is $18.44 per share. Wedbush also issued estimates for M/I Homes' Q2 2025 earnings at $4.68 EPS, Q3 2025 earnings at $4.94 EPS, Q4 2025 earnings at $5.45 EPS, FY2025 earnings at $19.42 EPS, Q1 2026 earnings at $4.65 EPS, Q2 2026 earnings at $4.99 EPS, Q3 2026 earnings at $5.40 EPS, Q4 2026 earnings at $6.02 EPS and FY2026 earnings at $21.05 EPS.

Other analysts have also issued reports about the stock. StockNews.com lowered shares of M/I Homes from a "buy" rating to a "hold" rating in a research note on Friday, January 31st. Raymond James restated a "strong-buy" rating and issued a $168.00 target price (down from $210.00) on shares of M/I Homes in a research report on Thursday, January 30th.

M/I Homes Price Performance

MHO stock traded down $0.83 during trading on Monday, hitting $120.11. The company had a trading volume of 297,239 shares, compared to its average volume of 336,231. The business has a 50 day moving average of $139.99 and a 200 day moving average of $152.59. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 6.09 and a beta of 2.29. The company has a current ratio of 7.32, a quick ratio of 1.93 and a debt-to-equity ratio of 0.33. M/I Homes has a fifty-two week low of $109.92 and a fifty-two week high of $176.18.

M/I Homes (NYSE:MHO - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The construction company reported $4.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.96 by ($0.25). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%.

Institutional Investors Weigh In On M/I Homes

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Truist Financial Corp raised its holdings in shares of M/I Homes by 1.4% in the 2nd quarter. Truist Financial Corp now owns 6,219 shares of the construction company's stock worth $760,000 after purchasing an additional 87 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of M/I Homes by 4.2% in the fourth quarter. Arkadios Wealth Advisors now owns 2,226 shares of the construction company's stock valued at $296,000 after buying an additional 90 shares in the last quarter. Huntington National Bank increased its holdings in shares of M/I Homes by 0.6% in the third quarter. Huntington National Bank now owns 16,714 shares of the construction company's stock valued at $2,864,000 after buying an additional 105 shares in the last quarter. Signaturefd LLC lifted its position in shares of M/I Homes by 49.4% during the 3rd quarter. Signaturefd LLC now owns 354 shares of the construction company's stock valued at $61,000 after acquiring an additional 117 shares during the last quarter. Finally, Bay Rivers Group boosted its stake in shares of M/I Homes by 2.7% during the 4th quarter. Bay Rivers Group now owns 4,911 shares of the construction company's stock worth $653,000 after acquiring an additional 128 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

M/I Homes Company Profile

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.