Stocks · Consumer Cyclical · Residential Construction
M/I Homes, Inc. MHO
$134.76 -0.38% Close, Oct 2, 2026 · NYSE · Market cap $3.41B
Low risk
Next earnings report: Oct 21, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 11.3× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $11.88, down 34.8% year over year.
- The diluted share count fell 5.3% in a year, mainly through buybacks.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 16%
- EPS growth (TTM, YoY)Bottom 26%
- FCF growth (TTM, YoY)Top 30%
- Revenue growth, 3-year CAGRTop 49%
- Revenue growth accelerationBottom 13%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 2%
- Gross marginBottom 23%
- Operating marginTop 37%
- Cash conversion (OCF / net income)Bottom 8%
- Accruals (lower is better)Bottom 6%
- Net debt / EBITDA (lower is better)Top 19%
- Interest coverTop 45%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 13%
- Free-cash-flow yieldTop 47%
- EBITDA / enterprise valueTop 13%
- Sales / enterprise valueTop 35%
- P/E vs own 5-year history (lower is better)Bottom 7%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 47%
- 6-month returnTop 34%
- 1-year return vs S&P 500Bottom 49%
- Distance from 52-week highTop 30%
- Trend checklist (0–4)Bottom 47%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 26%
- Consecutive EPS beatsBottom 33%
- Share of analysts rating BuyBottom 31%
- Upside to consensus price targetBottom 45%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 14%
- Maximum drawdown, 3 yearsTop 26%
- Beta vs S&P 500 (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Top 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -1.5% | -4.9% | ↓ |
| EPS growth (YoY) | -29.8% | -34.8% | ↓ |
| Gross margin | 25.4% | 21.5% | ↓ |
| Operating margin | 14.2% | 9.4% | ↓ |
| FCF margin | 3.0% | 4.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -4.9% | -1.5% | ↓ | Bottom 16% |
| EPS growth (TTM, YoY) | -34.8% | -29.8% | ↓ | Bottom 26% |
| Gross margin | 21.5% | 25.4% | ↓ | Bottom 23% |
| Operating margin | 9.4% | 14.2% | ↓ | Top 37% |
| Net margin | 7.4% | 11.4% | ↓ | — |
| Free-cash-flow margin | 4.7% | 3.0% | ↑ | — |
| Return on invested capital | 34.9% | — | Top 2% | |
| Revenue growth, 3-year CAGR | 2.3% | — | Top 49% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.65×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 2.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.1%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.52×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 5.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 2.80%
- Shareholder yield
- 2.80%
- Share count change, 1 year
- -5.3%
- Share count change, 3-year CAGR
- -2.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -1.8%
- Average 2-day reaction, last 8
- -0.8%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $172.00
- Target vs current price
- +27.6%
- Analysts with a rating
- 10
- Share rating Buy or Strong Buy
- 40%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +0.3% | +1.5% | -1.3% | +1.4% | — |
| Apr 22, 2026 | -3.4% | +3.7% | +5.0% | -5.0% | +16.0% |
| Jan 28, 2026 | +0.8% | +2.9% | +4.7% | +9.2% | +4.7% |
| Oct 22, 2025 | -5.0% | -6.1% | -6.6% | -11.7% | -2.2% |
| Jul 23, 2025 | -0.2% | +0.5% | -0.8% | +16.0% | +9.1% |
| Apr 23, 2025 | -4.3% | -3.6% | -3.8% | +0.4% | +4.4% |
| Jan 29, 2025 | -5.0% | -5.0% | -9.9% | -11.9% | -20.7% |
| Oct 30, 2024 | +3.2% | -0.3% | +4.4% | +7.6% | -11.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $3.14 | $3.13 | +0.3% | $1.06B |
| Apr 22, 2026 | $2.55 | $2.64 | -3.4% | $920.7M |
| Jan 28, 2026 | $3.91 | $3.88 | +0.8% | $1.15B |
| Oct 22, 2025 | $4.14 | $4.36 | -5.0% | $1.13B |
| Jul 23, 2025 | $4.42 | $4.43 | -0.2% | $1.16B |
| Apr 23, 2025 | $3.98 | $4.16 | -4.3% | $976.1M |
| Jan 29, 2025 | $4.71 | $4.96 | -5.0% | $1.21B |
| Oct 30, 2024 | $5.10 | $4.94 | +3.2% | $1.14B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.3× | 5.8× | 95th | Top 13% |
| P/E (forward) | 11.2× | — | — | — |
| EV / EBITDA | 7.2× | — | — | Top 13% |
| EV / Sales | 0.86× | — | — | Top 35% |
| Free-cash-flow yield | 5.90% | — | — | Top 47% |
| Earnings yield | 8.82% | — | — | Top 13% |
P/E over the past five years
Range 2.6× – 12.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -8.5%
- Earnings per share growth (TTM)
- -34.8%
- Change in P/E multiple
- +83.3%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.2%
- 200-day average slope (20 days)
- +0.5%
- Distance from 50-day average
- -7.8%
- Distance from 200-day average
- -2.5%
- RSI (14)
- 34.7
- Relative volume
- 0.86×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 27.5%
- Volatility vs own 5-year history
- 3th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.71
- Correlation with S&P 500
- 0.31
- Current drawdown from 1-year high
- -17.3%
- Maximum drawdown, 3 years
- -40.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 7, 2021 | Sep 27, 2022 | -51.5% | 350 days | 173 days (Jun 6, 2023) |
| Oct 16, 2024 | Apr 21, 2025 | -40.6% | 126 days | Not yet recovered |
| Sep 1, 2023 | Oct 20, 2023 | -25.6% | 34 days | 17 days (Nov 14, 2023) |
| Dec 28, 2023 | Apr 18, 2024 | -20.3% | 76 days | 60 days (Jul 16, 2024) |
| Oct 15, 2020 | Oct 30, 2020 | -16.4% | 11 days | 54 days (Jan 20, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.41B
- P/E (TTM)
- 11.3
- EPS, diluted (TTM)
- $11.88
- Revenue (TTM)
- $4.26B
- 52-week range
- $116.78 – $163.66
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.75B | $4.13B | $4.03B | $4.50B | $4.42B |
| Gross profit | $908.9M | $1.04B | $1.01B | $1.20B | $1.02B |
| Operating income | $518.3M | $637.5M | $581.8M | $706.3M | $506.6M |
| Net income | $396.9M | $490.7M | $465.4M | $563.7M | $402.9M |
| EPS (diluted) | $13.28 | $17.24 | $16.21 | $19.71 | $14.74 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.21B | $973.4M | $1.16B | $1.13B | $1.15B | $920.7M | $1.06B |
| Net income | $145.4M | $133.5M | $111.2M | $121.2M | $106.5M | $64.0M | $67.8M | $79.1M |
| EPS (diluted) | $5.10 | $4.71 | $3.98 | $4.42 | $3.92 | $2.39 | $2.55 | $3.02 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$16.8M | $184.1M | $552.1M | $179.7M | $130.3M |
| Capital expenditure | -$25.3M | -$9.3M | -$5.8M | -$8.4M | -$9.6M |
| Free cash flow | -$42.1M | $174.7M | $546.4M | $171.3M | $120.7M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$40.3M | -$54.0M | -$31.5M | -$155.7M | -$193.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $735.9M
- Total assets
- $4.86B
- Total liabilities
- $1.63B
- Total debt
- $1.00B
- Net debt
- $267.1M
- Shareholders’ equity
- $3.23B
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jun 27, 2008 | $0.03 | Jul 15, 2008 |
| Mar 28, 2008 | $0.03 | Apr 18, 2008 |
| Dec 28, 2007 | $0.03 | Jan 17, 2008 |
| Sep 27, 2007 | $0.03 | Oct 18, 2007 |
| Jun 28, 2007 | $0.03 | Jul 19, 2007 |
| Mar 29, 2007 | $0.03 | Apr 19, 2007 |
| Dec 28, 2006 | $0.03 | Jan 18, 2007 |
| Sep 28, 2006 | $0.03 | Oct 19, 2006 |
Short interest
- Shares sold short
- 1,514,015
- Days to cover
- 7.07
- Change vs previous report
- +1.6%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 20, 2002
- 2-for-1