Robert Schottenstein Sells 14,974 Shares of M/I Homes (NYSE:MHO) Stock

M/I Homes, Inc. (NYSE:MHO) CEO Robert Schottenstein sold 14,974 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $146.80, for a total value of $2,198,183.20. Following the transaction, the chief executive officer directly owned 348,513 shares in the company, valued at $51,161,708.40. This trade represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

M/I Homes Stock Performance

Shares of MHO stock opened at $149.66 on Friday. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 10.17 and a beta of 1.77. The stock has a fifty day moving average of $134.36 and a 200 day moving average of $136.60. M/I Homes, Inc. has a 52 week low of $100.22 and a 52 week high of $158.92. The company has a quick ratio of 1.72, a current ratio of 7.54 and a debt-to-equity ratio of 0.31.

M/I Homes (NYSE:MHO) last issued its quarterly earnings data on Wednesday, January 28th. The construction company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.88 by $0.03. M/I Homes had a net margin of 9.12% and a return on equity of 14.50%. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the firm earned $4.71 EPS. The company’s quarterly revenue was down 4.9% compared to the same quarter last year. As a group, research analysts expect that M/I Homes, Inc. will post 18.44 earnings per share for the current year.

M/I Homes declared that its board has initiated a share buyback program on Wednesday, November 12th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the construction company to repurchase up to 7.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MHO. Salomon & Ludwin LLC purchased a new position in M/I Homes in the 3rd quarter worth approximately $28,000. Hilton Head Capital Partners LLC bought a new stake in shares of M/I Homes in the 4th quarter worth $28,000. Jones Financial Companies Lllp raised its stake in shares of M/I Homes by 73.1% in the third quarter. Jones Financial Companies Lllp now owns 206 shares of the construction company’s stock worth $30,000 after purchasing an additional 87 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of M/I Homes by 90.6% during the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the construction company’s stock valued at $32,000 after purchasing an additional 135 shares in the last quarter. Finally, Private Trust Co. NA purchased a new stake in shares of M/I Homes during the third quarter valued at $38,000. Institutional investors own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MHO. Oppenheimer set a $165.00 target price on M/I Homes in a research report on Friday, January 30th. Raymond James Financial lifted their price target on M/I Homes from $150.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Friday, October 24th. Zacks Research downgraded M/I Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Citigroup restated a “market outperform” rating on shares of M/I Homes in a report on Friday, January 30th. Finally, Citizens Jmp assumed coverage on shares of M/I Homes in a research report on Wednesday, January 7th. They issued a “market outperform” rating and a $165.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $161.67.

M/I Homes News Roundup

Here are the key news stories impacting M/I Homes this week:

• Positive Sentiment: Board-authorized $250M share repurchase program (authorizes repurchases of ~7.4% of outstanding stock) which can lift EPS and signals board confidence. MarketBeat MHO page
• Positive Sentiment: Large institutional investors have recently added to positions (examples cited include Donald Smith, Invesco and others), providing demand/support beneath the shares. Institutional holdings summary
• Positive Sentiment: Technical picture is constructive — stock is trading above its 50‑ and 200‑day moving averages, which can attract momentum and quant buyers. MarketBeat technicals
• Neutral Sentiment: Latest quarter: EPS marginally beat ($3.91 vs. $3.88) but revenue fell ~4.9% YoY and EPS declined vs. prior year — mixed fundamentals that may cap upside until revenue stabilizes. Earnings summary
• Neutral Sentiment: Analyst coverage is mixed (targets in the $155–$165 range from some firms, but at least one downgrade to “strong sell”), so analyst action could add volatility. Analyst notes
• Negative Sentiment: Concentrated insider selling this week: CEO Robert H. Schottenstein sold large blocks (filed sales of 20,000 shares and ~14,974 shares on Feb. 10–12), which some investors view as a negative signal even if sales fund diversification. SEC filings: CEO Form 4 (20,000) and CEO Form 4 (14,974)
• Negative Sentiment: CFO Phillip G. Creek sold 8,616 shares (filed Feb. 12); other insiders also trimmed stakes in small blocks — filings can be read here and in InsiderTrades coverage. SEC filing: CFO Form 4 — additional coverage: InsiderTrades article

About M/I Homes

M/I Homes, Inc is a publicly traded residential homebuilder founded in 1976 and headquartered in Columbus, Ohio. The company designs, markets and constructs single-family homes and townhome communities across the United States, offering a range of floor plans with customizable design options. Its product portfolio includes starter homes, move-up homes and luxury models, as well as multi-family residences in urban and suburban infill locations.

In addition to its core homebuilding operations, M/I Homes provides mortgage, title and closing services through its in-house affiliate M/I Financial Services.