M/I Homes found using ticker (MHO) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 100 and 80 calculating the mean target price we have 90. With the stocks previous close at 50.33 this now indicates there is a potential upside of 78.8%. There is a 50 day moving average of 57.33 and the 200 day MA is 61. The company has a market cap of $1,490m. You can visit the company’s website by visiting: https://www.mihomes.com
The potential market cap would be $2,664m based on the market concensus.
M/I Homes, together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Michigan, Minnesota, North Carolina, Florida, Texas, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes and changed its name to M/I Homes in January 2004. M/I Homes was founded in 1976 and is based in Columbus, Ohio.
