M/I Homes, Inc. (MHO)

Consumer · NYQ

$135.13-1.65% today

Price as at 1 Oct 2026, 01:19 UTC. Quotes are delayed.

Fundamentals

Market cap$3.85B
P/E ratio11.2
Revenue growth (YoY)-5.7%
Profit margin8.2%
Return on equity11.6%
52-week range$116.78 to $163.66

Valuation and ratings

Fair value estimate$124.75
Upside to fair value-7.7%
Analyst target (mean)$163.33
Analyst range$155.00 to $170.00
Analysts with price targets3
Consensus viewnone
Moat score35/100
Overall rating30/100, low quality

Fair value: $124.75 (-7.7%), see how we got there

M/I Homes, Inc. trades at $135.13, close to the $124.75 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.

Our moat model scores it 35 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 11.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

MHO dividend history

Most recent payment$0.025, ex 27 Jun 2008
5-year growth (p.a.)-12.9%
Consecutive years paid11

Dividends per share by year

YearTotal per sharePayments
2008$0.0502
2007$0.1004
2006$0.1004
2005$0.1004
2004$0.1004
2003$0.1004
2002$0.1004
2001$0.1004
2000$0.1004
1999$0.1004
1998$0.1004

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

MHO earnings and analyst estimates

EPS estimate, next year$15.23
Expected EPS growth+21.8%
Expected revenue growth+9.2%

Recommendation mix, 4 published ratings

3 buy1 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About M/I Homes, Inc.

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. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, 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.

Industry: Residential ConstructionEmployees: 1,801HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

MHO passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

MHO peers

The largest companies in the same industry (Residential Construction), then in the same sector.

Every consumer company we cover is on the Consumer hub.

Common questions

Is M/I Homes, Inc. (MHO) undervalued?

Against our fair value estimate of $124.75, MHO at $135.13 is 8% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own MHO?

8 of the institutions we track reported a position in MHO in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is MHO's P/E ratio?

MHO trades at 11.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Where does SteadyShares get its MHO data?

Fundamentals for MHO come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:19 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for MHO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.