M/I Homes (MHO) Scheduled to Post Earnings on Wednesday

M/I Homes (NYSE:MHO) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $3.96 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

M/I Homes (NYSE:MHO) last issued its quarterly earnings results on Wednesday, January 31st. The construction company reported $3.66 earnings per share for the quarter, missing the consensus estimate of $4.94 by ($1.28). M/I Homes had a net margin of 11.54% and a return on equity of 19.75%. The company had revenue of $972.59 million during the quarter, compared to analyst estimates of $1.19 billion. On average, analysts expect M/I Homes to post $16 EPS for the current fiscal year and $17 EPS for the next fiscal year.

M/I Homes Price Performance

M/I Homes stock opened at $112.70 on Tuesday. The stock’s 50 day moving average is $123.29 and its 200 day moving average is $115.45. M/I Homes has a one year low of $63.39 and a one year high of $140.73. The firm has a market cap of $3.13 billion, a P/E ratio of 6.94 and a beta of 2.13. The company has a debt-to-equity ratio of 0.34, a current ratio of 6.84 and a quick ratio of 1.68.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of M/I Homes from a “hold” rating to a “buy” rating in a report on Monday, February 19th.

Insider Activity at M/I Homes

In other M/I Homes news, insider Ann Marie Hunker sold 2,461 shares of M/I Homes stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $128.51, for a total value of $316,263.11. Following the completion of the sale, the insider now directly owns 2,342 shares in the company, valued at $300,970.42. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.60% of the stock is owned by corporate insiders.

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.