Wedbush Issues Negative Outlook for M/I Homes Earnings

M/I Homes, Inc. (NYSE:MHO) – Research analysts at Wedbush decreased their Q1 2025 EPS estimates for shares of M/I Homes in a research note issued on Wednesday, January 29th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $4.34 per share for the quarter, down from their prior estimate of $4.89. Wedbush currently has a “Outperform” rating and a $185.00 price target 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.

Several other research firms also recently commented on MHO. Raymond James reissued a “strong-buy” rating and issued a $168.00 target price (down previously from $210.00) on shares of M/I Homes in a report on Thursday, January 30th. StockNews.com cut shares of M/I Homes from a “buy” rating to a “hold” rating in a research note on Friday, January 31st.

M/I Homes Trading Up 0.9 %

MHO stock opened at $121.84 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 7.32 and a quick ratio of 1.93. M/I Homes has a 1-year low of $109.92 and a 1-year high of $176.18. The business has a 50 day simple moving average of $141.73 and a two-hundred day simple moving average of $153.00. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 6.18 and a beta of 2.29.

M/I Homes (NYSE:MHO) last released its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.71 earnings per share 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 Trading of M/I Homes

Hedge funds have recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new position in shares of M/I Homes in the third quarter valued at $27,000. Principal Securities Inc. bought a new stake in shares of M/I Homes in the 4th quarter worth about $27,000. R Squared Ltd purchased a new stake in shares of M/I Homes during the 4th quarter valued at about $33,000. Signaturefd LLC raised 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 buying an additional 117 shares in the last quarter. Finally, Daiwa Securities Group Inc. bought a new position in shares of M/I Homes in the 3rd quarter valued at about $86,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

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.