For its third fiscal quarter (ending September 30), M/I Homes Inc (NYSE: MHO) has reported a 6% increase in E.P.S. from $4.98 a year ago to $5.26 in the current quarter. For the latest four quarters through September 30, E.P.S. were $19.24 versus $17.72 for the same period a year ago — an increase of 9%.
Recent Price Action
M/I Homes Inc (NYSE: MHO) stock closed at $153.00 on 10/30/24 after a slight decline of -0.3%. Moreover, trading volume in this decline was above average at 123% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.2% during the last week.
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 Appreciation Score of 84 and a very high Power Rating of 88, with the Highest Value Trend Rating the result.
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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