M/I Homes stock falls slightly amid market uptick, underperforming indices
From Nasdaq: 2025-03-07 18:15:09
M/I Homes (MHO) closed at $121.10, a -0.39% change from the previous day. The stock underperformed the S&P 500, which gained 0.55%, while the Dow rose by 0.52% and the Nasdaq by 0.7%. Over the past month, M/I Homes gained 1.25%, surpassing the Construction sector’s 8.2% loss and the S&P 500’s 5.56% decline.
Investors await M/I Homes’ upcoming earnings report, with projected EPS of $4.16 (down 12.97% YoY) and revenue of $1.12 billion (up 7.09% YoY). Full-year estimates forecast earnings of $18.44 per share (down 6.44%) and revenue of $4.67 billion (up 3.61%). Recent analyst revisions may indicate future stock performance.
M/I Homes holds a Zacks Rank of #4 (Sell) and trades at a Forward P/E ratio of 6.59, lower than the industry average of 8.16. The Building Products – Home Builders industry ranks in the bottom 10% of all industries, but industries in the top 50% outperform the lower half by a factor of 2 to 1. Stay updated on stock metrics using Zacks.com.
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Read more at Nasdaq: M/I Homes (MHO) Stock Falls Amid Market Uptick: What Investors Need to Know
