M/I Homes Inc

M/I Homes Inc

MHO · NYSE · Consumer Cyclical / Residential Construction

126.96USD+0.31 (+0.24%)

Price History

Full chart

Market Stats

Previous Close126.65
Open127.11
Day Range124.72 – 127.80
52-Week Range113.64 – 163.66
Volume180.95K
Market Cap2.88B
P/E (TTM)9.58
Forward P/E11.88
EPS11.91
Dividend Yield0.00%
Beta1.60
50-Day Avg139.90
200-Day Avg137.97

About

M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.

Company Details

  • SectorConsumer Cyclical
  • IndustryResidential Construction
  • CEOMr. Robert H. Schottenstein J.D.
  • Employees1.80K
  • Headquarters4131 Worth Avenue, Columbus, OH, United States, 43219-6011, USA
  • Websitehttps://www.mihomes.com

Leadership

  • Mr. Robert H. Schottenstein J.D.Chairman, President & CEO · b. 1953
  • Mr. Phillip G. CreekExecutive VP, CFO & Director · b. 1953
  • Ms. Susan E. KrohneSenior VP, Chief Legal Officer & Secretary · b. 1972
  • Ms. Ann Marie W. HunkerVP, Chief Accounting Officer & Corporate Controller
  • Mr. Fred J. SikorskiRegion President of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions · b. 1955
  • Mr. Thomas W. JacobsReg. President of Austin, Dallas, Houston, SA, Chicago, MPLS/St. Paul, Indy, Detroit and Nashv. Div. · b. 1966
  • Mr. Derek J. KlutchPresident & CEO of M/I Financial · b. 1964
  • Mr. Mark KirkendallVP & Treasurer

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue446.10M491.70M527.80M577.20M614.00M739.60M852.40M935.04M976.77M1.03B1.07B1.17B1.35B1.36B1.02B607.66M569.95M616.38M566.42M761.90M1.04B1.22B1.42B1.69B1.96B2.29B2.50B3.05B3.75B4.13B4.03B4.50B4.42B
Growth (%)-+10.22%+7.34%+9.36%+6.38%+20.46%+15.25%+9.69%+4.46%+5.76%+3.54%+9.82%+14.73%+0.86%-25.22%-40.22%-6.21%+8.15%-8.10%+34.51%+36.08%+17.21%+16.72%+19.24%+16.00%+16.53%+9.34%+21.86%+22.97%+10.29%-2.50%+11.83%-1.93%
Cost of Revenue363.90M402.00M430.20M466.70M493.00M586.70M665.70M733.94M755.21M783.75M796.73M875.61M1.01B1.01B832.60M685.46M550.41M511.41M489.12M614.04M830.31M962.45M1.12B1.36B1.57B1.84B2.01B2.36B2.84B3.09B3.01B3.31B3.40B
Gross Profit82.20M89.70M97.60M110.50M121.00M152.90M186.70M201.09M221.55M249.27M272.84M299.02M340.12M344.77M183.86M-77.81M19.54M104.97M77.30M147.86M206.47M252.73M300.09M329.15M393.27M443.77M494.56M684.78M908.91M1.04B1.01B1.20B1.02B
Gross Margin18.43%18.24%18.49%19.14%19.71%20.67%21.90%21.51%22.68%24.13%25.51%25.46%25.24%25.36%18.09%-12.80%3.43%17.03%13.65%19.41%19.91%20.80%21.16%19.46%20.04%19.41%19.78%22.48%24.26%25.27%25.16%26.61%23.03%
Operating Expense53.60M60.60M67.00M74.30M79.80M93.20M103.60M110.18M120.34M126.26M128.10M139.38M164.59M196.66M171.02M131.68M103.12M114.58M96.20M115.53M141.97M166.52M184.66M216.42M246.93M280.61M302.34M356.50M390.62M406.39M431.71M492.60M510.65M
Operating Income28.60M29.10M30.60M36.20M41.20M59.70M83.10M90.92M101.21M123.01M144.74M159.64M175.53M148.12M12.84M-209.48M-83.58M-9.61M-18.90M32.33M64.50M86.21M115.43M112.73M146.34M163.16M192.22M328.28M518.30M637.45M581.83M706.29M506.55M
Operating Margin6.41%5.92%5.80%6.27%6.71%8.07%9.75%9.72%10.36%11.91%13.53%13.59%13.03%10.90%1.26%-34.47%-14.66%-1.56%-3.34%4.24%6.22%7.09%8.14%6.67%7.46%7.14%7.69%10.78%13.84%15.43%14.44%15.68%11.47%
EBITDA30.20M30.70M32.40M37.60M42.80M61.50M85.30M93.04M103.22M125.25M147.12M162.09M178.94M135.04M-127.54M-196.17M-75.71M-10.23M-11.32M38.57M68.09M89.67M121.44M120.83M154.28M182.59M200.64M334.79M525.60M652.06M621.77M749.06M563.30M
EBITDA Margin6.77%6.24%6.14%6.51%6.97%8.32%10.01%9.95%10.57%12.12%13.75%13.80%13.28%9.93%-12.55%-32.28%-13.28%-1.66%-2.00%5.06%6.57%7.38%8.56%7.14%7.86%7.99%8.03%10.99%14.03%15.78%15.44%16.63%12.75%
Net Income16.10M11.60M9.90M12.80M17.40M27.70M41.60M44.44M55.28M66.61M81.73M91.53M100.78M38.88M-128.13M-245.45M-62.11M-26.27M-33.88M13.35M151.42M50.79M51.76M56.61M72.08M107.66M127.59M239.87M396.87M490.66M465.37M563.73M402.94M
Net Income Margin3.61%2.36%1.88%2.22%2.83%3.75%4.88%4.75%5.66%6.45%7.64%7.79%7.48%2.86%-12.61%-40.39%-10.90%-4.26%-5.98%1.75%14.61%4.18%3.65%3.35%3.67%4.71%5.10%7.87%10.59%11.88%11.55%12.51%9.12%
R&D------------3.50M3.70M2.50M1.70M1.80M2.40M2.50M2.40M3.60M00000-------
R&D as % of Total Revenue------------0.26%0.27%0.25%0.28%0.32%0.39%0.44%0.31%0.35%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000000000000015.34M11.20M8.47M9.41M15.01M16.07M15.94M13.37M17.52M17.60M18.87M20.48M21.38M9.68M2.16M2.25M35.84M27.51M20.04M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.51%1.84%1.49%1.53%2.65%2.11%1.54%1.10%1.24%1.04%0.96%0.90%0.86%0.32%0.06%0.05%0.89%0.61%0.45%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets228.00M277.60M281.10M305.40M366.00M427.10M531.60M567.64M612.11M578.46M746.87M978.53M1.33B1.48B1.12B693.29M663.83M661.89M664.49M831.30M1.11B1.21B1.42B1.55B1.86B2.02B2.11B2.64B3.24B3.71B4.02B4.55B4.78B
Total Liabilities148.90M188.00M181.60M193.10M250.50M260.50M331.10M338.75M332.22M238.73M344.46M490.92M737.11M860.03M536.30M360.23M337.06M358.40M391.13M495.87M617.37M667.12M818.99M894.34M1.12B1.17B1.10B1.38B1.62B1.64B1.51B1.61B1.61B
Total Equity79.10M89.60M99.50M112.30M115.50M166.60M200.50M228.89M279.89M339.73M402.41M487.61M592.57M617.05M581.35M333.06M326.76M303.49M273.35M335.43M492.80M544.29M596.57M654.17M747.30M855.30M1.00B1.26B1.62B2.07B2.52B2.94B3.17B
Cash10.60M14.10M8.10M6.80M10.80M10.10M5.70M8.55M9.99M953.00K3.21M2.79M25.09M11.52M1.51M32.52M132.23M81.21M101.13M154.18M142.63M22.49M13.10M34.44M151.70M21.53M6.08M260.81M236.37M311.54M732.60M821.47M689.19M
Total Debt102.40M137.30M127.00M125.30M164.00M155.30M212.10M209.22M388.45M91.46M179.61M634.74M511.56M645.50M333.75M215.75M208.24M284.24M297.42M364.23M459.64M490.94M611.85M750.40M807.73M820.96M773.23M924.35M1.23B1.25B917.15M1.04B1.09B
Net Debt91.80M123.20M118.90M118.90M153.20M145.20M206.40M200.66M378.47M90.50M176.41M632.39M486.48M633.98M332.25M183.23M98.31M203.03M237.63M218.73M330.91M475.41M598.75M603.36M656.03M799.43M767.14M663.54M777.11M687.98M184.55M215.08M397.32M

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.40M-19.80M14.60M13.50M3.40M9.40M-27.60M52.50M45.80M116.49M-38.74M-77.92M-92.64M-104.01M202.21M148.88M68.48M-37.30M-33.96M-46.99M-73.97M-132.68M-82.16M34.20M-52.53M-2.59M65.63M168.33M-16.82M184.07M552.13M179.74M130.34M
Investing Cash Flow-10.50M-10.80M-9.30M-12.50M-23.10M-23.10M-22.30M-23.18M-19.31M-13.23M-25.73M-20.60M-64.12M-21.76M-13.86M742.00K-19.48M-22.36M-9.32M25.32M-35.55M-12.58M-37.63M-31.64M-9.81M-133.96M-27.59M-33.87M-51.72M-27.38M-18.63M-54.90M-59.74M
Financing Cash Flow25.80M34.00M-11.30M-2.40M24.10M13.00M45.50M-26.43M-25.05M-112.29M66.72M98.10M179.50M112.20M-198.36M-118.61M28.41M30.94M21.87M107.38M92.75M32.07M114.46M18.79M179.60M6.38M-53.48M120.26M44.10M-81.52M-112.24M-36.07M-202.98M
Capital Expenditure1.40M2.10M700.00K600.00K8.50M1.20M1.50M910.00K6.11M811.00K15.74M1.68M3.85M4.81M4.46M3.95M4.01M1.56M1.35M933.00K2.38M2.95M3.66M13.11M8.80M8.14M4.53M11.68M25.30M9.33M5.77M8.42M9.61M
Free Cash Flow-11.80M-21.90M13.90M12.90M-5.10M8.20M-29.10M51.59M39.69M115.68M-54.48M-79.60M-96.48M-108.82M197.75M144.93M64.47M-38.86M-35.31M-47.93M-76.36M-135.62M-85.82M21.09M-61.33M-10.73M61.10M156.66M-42.12M174.74M546.36M171.32M120.73M
Dividends Paid16.30M1.10M---1.30M1.80M1.60M1.51M1.51M1.45M1.41M1.43M1.42M8.72M5.93M--003.66M4.88M4.88M4.88M3.66M565.86M19.64M9.91M11.24M-33.80M--
FCF to OCF113.46%110.61%95.21%95.56%-150.00%87.23%105.43%98.27%86.67%99.30%140.64%102.16%104.15%104.62%97.79%97.35%94.15%104.18%103.98%101.99%103.22%102.22%104.45%61.68%116.75%414.08%93.10%93.06%250.40%94.93%98.96%95.32%92.63%
Dividend Paid to FCF-138.14%-5.02%---15.85%-6.19%3.10%3.80%1.31%-2.66%-1.78%-1.48%-1.30%4.41%4.10%--0.00%0.00%-4.79%-3.59%-5.68%23.11%-5.96%-5272.16%32.15%6.32%-26.69%-6.19%--

Earnings

Report DateMay 2, 1996Jul 30, 1996Oct 31, 1996Feb 27, 1997May 1, 1997Jul 22, 1997Oct 23, 1997Feb 25, 1998Apr 27, 1998Jul 28, 1998Oct 27, 1998Feb 18, 1999Apr 27, 1999Jul 27, 1999Oct 28, 1999Feb 10, 2000Apr 19, 2000Jul 26, 2000Oct 26, 2000Feb 6, 2001Apr 19, 2001Jul 26, 2001Oct 24, 2001Jan 31, 2002Apr 17, 2002Jul 23, 2002Oct 24, 2002Jan 30, 2003Apr 21, 2003Jul 24, 2003Oct 28, 2003Feb 5, 2004Apr 26, 2004Jul 29, 2004Oct 27, 2004Feb 3, 2005Apr 28, 2005Jul 28, 2005Oct 26, 2005Feb 2, 2006Apr 25, 2006Jul 27, 2006Oct 26, 2006Feb 1, 2007Apr 26, 2007Jul 31, 2007Oct 30, 2007Feb 7, 2008Apr 30, 2008Jul 31, 2008Oct 30, 2008Feb 5, 2009Apr 30, 2009Jul 30, 2009Oct 29, 2009Feb 3, 2010Apr 28, 2010Jul 28, 2010Oct 25, 2010Feb 3, 2011Apr 28, 2011Jul 28, 2011Oct 27, 2011Feb 2, 2012Apr 26, 2012Jul 26, 2012Oct 25, 2012Jan 31, 2013Apr 25, 2013Jul 25, 2013Oct 24, 2013Jan 29, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Feb 3, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Feb 4, 2016Apr 28, 2016Jul 27, 2016Oct 27, 2016Feb 2, 2017Apr 26, 2017Jul 26, 2017Oct 25, 2017Feb 1, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Feb 5, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Feb 5, 2020Apr 29, 2020Jul 29, 2020Oct 28, 2020Feb 2, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Feb 2, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 1, 2023Apr 26, 2023Jul 26, 2023Oct 25, 2023Jan 31, 2024Apr 24, 2024Jul 30, 2024Oct 30, 2024Jan 29, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 28, 2026Apr 22, 2026Jul 29, 2026Oct 21, 2026
EPS Estimate0.050.180.220.230.090.240.250.280.220.320.360.400.420.480.560.600.450.610.690.720.550.800.880.910.700.930.971.181.081.191.551.621.351.541.511.671.251.502.032.511.551.421.441.680.08-0.04-0.75-1.66-1.46-1.48-2.74-0.59-0.51-1.11-0.81-0.61-0.32-0.12-0.26-0.07-0.27-0.210.030.02-0.40-0.170.230.300.070.380.430.600.120.280.420.460.110.370.570.570.350.500.620.940.390.680.750.960.720.960.991.170.620.840.991.690.710.891.442.421.512.493.473.382.983.784.054.162.362.454.274.943.964.604.944.834.164.434.373.882.513.173.05
EPS Actual0.080.230.250.250.180.280.300.340.290.400.460.470.440.600.690.640.500.700.780.800.620.850.960.961.031.091.151.031.201.321.311.691.351.731.781.701.161.211.722.841.181.631.312.470.310.15-0.24-3.20-1.58-0.78-2.64-5.38-2.01-0.57-1.140.38-0.280.09-0.14-0.12-0.32-0.20-0.150.08-0.160.170.330.300.140.290.470.450.230.310.440.360.310.430.510.590.300.550.650.670.550.730.640.900.661.041.031.320.641.081.321.571.091.892.512.952.853.583.273.833.164.794.675.153.644.124.823.664.785.125.104.713.984.423.922.392.553.142.70
Surprise60.00%27.78%13.64%8.70%100.00%16.67%20.00%21.43%31.82%25.00%27.78%17.50%4.76%25.00%23.21%6.67%11.11%14.75%13.04%11.11%12.73%6.25%9.09%5.49%47.14%17.20%18.56%-12.71%11.11%10.92%-15.48%4.32%0.00%12.34%17.88%1.80%-7.20%-19.33%-15.27%13.15%-23.87%14.79%-9.03%47.02%287.50%475.00%68.00%-92.77%-8.22%47.30%3.65%-811.86%-294.12%48.65%-40.74%162.30%12.50%175.00%46.15%-71.43%-18.52%4.76%-600.00%300.00%60.00%200.00%43.48%0.00%100.00%-23.68%9.30%-25.00%91.67%10.71%4.76%-21.74%181.82%16.22%-10.53%3.51%-14.29%10.00%4.84%-28.72%41.03%7.35%-14.67%-6.25%-8.33%8.33%4.04%12.82%3.23%28.57%33.33%-7.10%53.52%112.36%74.31%21.90%88.74%43.78%-5.76%13.31%6.04%26.72%15.31%23.80%54.24%68.16%12.88%-25.91%20.71%11.30%3.24%-2.48%-4.33%-0.23%-10.30%-38.40%1.59%-0.95%-11.48%
Timing-----Pre-marketPre-marketPre-marketPre-market-----------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market--Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.88B
Enterprise Value3.87B
Trailing P/E9.58
Forward P/E11.88
PEG Ratio0.95
Price / Sales0.68
Price / Book1.12
EPS11.91
Book Value127.88
Revenue (TTM)4.26B
Gross Profit (TTM)891.09M
EBITDA450.46M
Profit Margin7.44%
Operating Margin9.28%
Return on Equity10.06%
Return on Assets5.64%
Shares Outstanding25.28M
Shares Float24.72M
Beta1.60
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 170.67
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
101.74%
Insiders
2.19%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    4.79M18.94%
  • Donald Smith & Co Inc
    1.39M5.50%
  • State Street Corp
    1.33M5.25%
  • FMR Inc
    1.23M4.87%
  • Vanguard Capital Management, LLC
    1.11M4.37%
  • Vanguard Portfolio Management, LLC
    1.10M4.34%
  • Dimensional Fund Advisors, Inc.
    1.06M4.20%
  • Geode Capital Management, LLC
    682.16K2.70%
  • T. Rowe Price Investment Management,Inc.
    660.00K2.61%
  • The Goldman Sachs Group Inc
    596.31K2.36%
  • American Century Companies Inc
    571.03K2.26%
  • Franklin Templeton Inc
    558.27K2.21%
  • Millennium Management LLC
    466.67K1.85%
  • Amvescap Plc.
    431.28K1.71%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.51M5.96%
  • Vanguard MStar Total Stk Mkt Idx Invest
    771.90K3.05%
  • iShares Russell 2000 ETF
    663.82K2.63%
  • Fidelity Low-Priced Stock
    443.59K1.75%
  • Vanguard Selected Value Inv
    398.37K1.58%
  • Avantis US Small Cap Value ETF
    396.67K1.57%

Dividends

20082×
0.03Jun 27, 20080.03Mar 28, 2008
20074×
0.03Dec 28, 20070.03Sep 27, 20070.03Jun 28, 20070.03Mar 29, 2007
20064×
0.03Dec 28, 20060.03Sep 28, 20060.03Jun 29, 20060.03Mar 30, 2006
20054×
0.03Dec 29, 20050.03Sep 29, 20050.03Jun 29, 20050.03Mar 30, 2005
20044×
0.03Dec 30, 20040.03Sep 29, 20040.03Jun 29, 20040.03Mar 30, 2004
20034×
0.03Dec 30, 20030.03Sep 29, 20030.03Jun 27, 20030.03Mar 28, 2003
20022×
0.03Dec 30, 20020.03Sep 27, 2002

Stock Splits

  • Jun 20, 20022:1