M/I Homes stock closed up 1.97%, with positive estimate revisions and outperformance indicators.
From Nasdaq: 2025-04-17 18:15:00
M/I Homes (MHO) closed at $106.19, up by 1.97% from the previous day. Despite outperforming the S&P 500, the Dow and Nasdaq saw losses. The upcoming earnings report on April 23, 2025, projects a $4.16 per share decline of 12.97% year-over-year, with revenue expected to increase by 7.09%.
Analysts suggest positive estimate revisions for M/I Homes, indicating a potential business outlook. The Zacks Rank system, with M/I Homes holding a rank of #3 (Hold), has historically shown outperformance. M/I Homes currently has a Forward P/E ratio of 5.65, trading at a discount to the industry’s average of 7.12.
The Building Products – Home Builders industry ranks 189 out of 250+ industries, in the bottom 24%. Zacks Industry Rank evaluation shows that top-rated industries outperform the rest. Investors can utilize Zacks.com for stock-moving metrics during trading sessions. Want to see all Zacks’ buys and sells for just $1?
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Read more at Nasdaq: M/I Homes (MHO) Laps the Stock Market: Here’s Why