M/I Homes (MHO) stock closed at $159.81, down 1.47%, trailing S&P 500, analysts predict upcoming earnings.

From NASDAQ.: 2024-12-05 18:15:07

M/I Homes (MHO) closed at $159.81, down 1.47% from the previous day, trailing the S&P 500’s 0.19% loss. The stock has risen 0.79% in the past month, below the Construction sector and S&P 500 gains. Analysts predict EPS of $4.83 and revenue of $1.17 billion for the upcoming earnings report.

The Zacks Consensus Estimates forecast M/I Homes to earn $19.83 per share and generate $4.47 billion in revenue for the entire fiscal year, representing increases of 22.33% and 10.77%, respectively. Recent analyst modifications can impact stock price performance, with the Zacks Rank system currently rating M/I Homes as a #3 (Hold).

Investors should consider M/I Homes’s valuation metrics, including a Forward P/E ratio of 8.18, lower than the industry average of 9.62. The Building Products – Home Builders industry, part of the Construction sector, ranks in the bottom 48% of industries. Utilize Zacks.com for further stock analysis and updates on M/I Homes.

Zacks Investment Research has identified 5 stocks positioned to double in 2024, with previous picks soaring by impressive percentages. These under-the-radar stocks present an opportunity for substantial growth. For more information and to download the report, visit Zacks.com. Additionally, obtain a free stock analysis report on M/I Homes, Inc. and read more articles on Zacks.com for further insights and recommendations.



Read more at NASDAQ.: Why M/I Homes (MHO) Dipped More Than Broader Market Today