For its second fiscal quarter (ending June 30), M/I Homes Inc (NYSE: MHO) has reported E.P.S. of $5.26 compared to $4.25 a year ago. E.P.S. were $18.95 for the latest four quarters through June 30 versus $17.49 for the same period a year ago.
Recent Price Action
M/I Homes Inc (NYSE: MHO) stock closed at $167.60 on 7/30/24 after a modest gain of 0.6%. Moreover, unusually high trading volume at 153% of normal accompanied the advance. The stock has risen 10.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MHO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
M/I Homes has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. M/I Homes has a good Power Rating of 74 and a good Appreciation Score of 82, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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