M/I HomesMHO
Market Cap: $4.57B
About: M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprise the most significant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
Employees: 1,607
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
91% more call options, than puts
Call options by funds: $22.3M | Put options by funds: $11.6M
18% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 97
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
4% less funds holding
Funds holding: 299 [Q1] → 288 (-11) [Q2]
3.8% less ownership
Funds ownership: 96.36% [Q1] → 92.55% (-3.8%) [Q2]
14% less capital invested
Capital invested by funds: $3.65B [Q1] → $3.13B (-$513M) [Q2]
22% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 51
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James Buck Horne 71% 1-year accuracy 17 / 24 met price target | 26%upside $210 | Strong Buy Maintained | 2 Aug 2024 |
Raymond James Buck Horne 71% 1-year accuracy 17 / 24 met price target | 20%upside $200 | Strong Buy Initiated | 24 Jul 2024 |
Financial journalist opinion
Based on 14 articles about MHO published over the past 30 days