M/I Homes (MHO) stock declines by 1.74% and underperforms, but positive earnings outlook.

From Nasdaq: 2024-12-27 18:15:22

M/I Homes (MHO) closed at $133.97, down 1.74% from the previous session, trailing the S&P 500 and Nasdaq. The homebuilder’s stock has fallen by 17.14% in the past month, underperforming the Construction sector and S&P 500. Earnings release on January 29, 2025, projects EPS at $4.83 and revenue at $1.17 billion.

Analysts forecast M/I Homes to have earnings of $19.83 per share and revenue of $4.47 billion for the full year, indicating positive growth. The Zacks Rank system gives M/I Homes a #3 (Hold) rating, with a Forward P/E ratio of 6.88, lower than the industry average of 8.03. Industry rank places Building Products – Home Builders in the bottom 33%.

Zacks Top 10 Stocks for 2025 will be released on January 2, with a history of outperforming the S&P 500. Director of Research Sheraz Mian’s picks have gained over 2,000% since 2012. Don’t miss the chance to get in on these top 10 stocks for 2025. Visit Zacks.com for more information on these metrics.



Read more at Nasdaq: M/I Homes (MHO) Declines More Than Market: Some Information for Investors