M/I Homes, Inc. which can be found using ticker (MHO) now have 2 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The range between the high target price and low target price is between 83 and 71 calculating the average target price we see $77.00. Given that the stocks previous close was at $66.90 this is indicating there is a potential upside of 15.1%. The 50 day moving average now sits at $61.25 and the 200 day moving average is $49.84. The total market capitalization for the company now stands at $1,866m. Visit the company website at: https://www.mihomes.com
The potential market cap would be $2,148m based on the market consensus.
M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family 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. It also 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. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, 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. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.79, revenue per share of 154.36 and a 11.69% return on assets.
