Q1 2025 EPS Estimates for M/I Homes, Inc. (NYSE:MHO) Lifted by Analyst

M/I Homes, Inc. (NYSE:MHO) – Stock analysts at Wedbush lifted their Q1 2025 earnings per share estimates for shares of M/I Homes in a research report issued on Wednesday, April 24th. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $4.34 for the quarter, up from their prior forecast of $4.13. Wedbush currently has a “Neutral” rating and a $130.00 price objective on the stock. The consensus estimate for M/I Homes’ current full-year earnings is $16.35 per share. Wedbush also issued estimates for M/I Homes’ Q2 2025 earnings at $4.43 EPS.

Separately, StockNews.com upgraded M/I Homes from a “buy” rating to a “strong-buy” rating in a research report on Friday.

M/I Homes Price Performance

Shares of MHO opened at $120.07 on Friday. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of 6.91 and a beta of 2.13. The stock has a 50 day moving average of $123.21 and a 200-day moving average of $116.08. The company has a current ratio of 6.51, a quick ratio of 1.68 and a debt-to-equity ratio of 0.35. M/I Homes has a 52 week low of $64.28 and a 52 week high of $140.73.

M/I Homes (NYSE:MHO) last issued its earnings results on Wednesday, April 24th. The construction company reported $4.78 EPS for the quarter, topping the consensus estimate of $3.96 by $0.82. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. M/I Homes had a return on equity of 20.26% and a net margin of 12.27%.

Insider Transactions at M/I Homes

In related news, insider Ann Marie Hunker sold 2,461 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $128.51, for a total transaction of $316,263.11. Following the completion of the transaction, the insider now owns 2,342 shares in the company, valued at approximately $300,970.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio boosted its position in M/I Homes by 200.0% during the 3rd quarter. Strs Ohio now owns 300 shares of the construction company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. GAMMA Investing LLC acquired a new position in M/I Homes during the 4th quarter valued at approximately $27,000. McGlone Suttner Wealth Management Inc. acquired a new position in M/I Homes during the 4th quarter valued at approximately $29,000. USA Financial Formulas boosted its position in M/I Homes by 578.1% during the 4th quarter. USA Financial Formulas now owns 217 shares of the construction company’s stock valued at $30,000 after purchasing an additional 185 shares during the period. Finally, Clearstead Advisors LLC raised its stake in M/I Homes by 1,979.2% during the 3rd quarter. Clearstead Advisors LLC now owns 499 shares of the construction company’s stock valued at $42,000 after acquiring an additional 475 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

About M/I Homes

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.