In the latest trading session, M/I Homes (MHO) closed at $126.63, marking a -1.6% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.34%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq added 0.16%.
The stock of homebuilder has fallen by 0.12% in the past month, lagging the Construction sector's gain of 0.5% and the S&P 500's gain of 1.19%.
The investment community will be paying close attention to the earnings performance of M/I Homes in its upcoming release. The company is slated to reveal its earnings on January 28, 2026. The company's upcoming EPS is projected at $4.11, signifying a 12.74% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $1.16 billion, down 3.41% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $16.44 per share and revenue of $4.43 billion, indicating changes of -16.59% and 0%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for M/I Homes. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, M/I Homes holds a Zacks Rank of #3 (Hold).
Looking at valuation, M/I Homes is presently trading at a Forward P/E ratio of 8.62. Its industry sports an average Forward P/E of 12.14, so one might conclude that M/I Homes is trading at a discount comparatively.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 236, which puts it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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M/I Homes, Inc. (MHO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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