M/I Homes (MHO) Scheduled to Post Earnings on Tuesday

M/I Homes (NYSE:MHO) will release its earnings data before the market opens on Tuesday, April 24th. Analysts expect M/I Homes to post earnings of $0.69 per share for the quarter.

M/I Homes (NYSE:MHO) last announced its quarterly earnings data on Thursday, February 1st. The construction company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.06). M/I Homes had a net margin of 3.56% and a return on equity of 12.66%. The firm had revenue of $621.00 million during the quarter, compared to analyst estimates of $589.11 million. During the same quarter last year, the company earned $0.67 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. On average, analysts expect M/I Homes to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

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Shares of NYSE MHO opened at $33.18 on Tuesday. M/I Homes has a 12 month low of $24.08 and a 12 month high of $37.41. The firm has a market cap of $908.56, a PE ratio of 11.51 and a beta of 1.14. The company has a debt-to-equity ratio of 1.08, a current ratio of 6.32 and a quick ratio of 1.17.

MHO has been the subject of several analyst reports. Zacks Investment Research raised M/I Homes from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a report on Friday, January 5th. ValuEngine raised M/I Homes from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Wedbush reaffirmed an “outperform” rating and set a $41.00 target price on shares of M/I Homes in a report on Monday, March 5th. Finally, TheStreet downgraded M/I Homes from a “b-” rating to a “c+” rating in a report on Thursday, December 28th. Two equities research analysts have rated the stock with a sell rating, two have issued a buy rating and one has assigned a strong buy rating to the company. M/I Homes presently has a consensus rating of “Hold” and an average target price of $40.00.

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About M/I Homes

M/I Homes, Inc, together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Maryland, Virginia, North Carolina, Florida, and Texas, the United States. The company operates through Midwest Homebuilding, Southern Homebuilding, Mid-Atlantic Homebuilding, and Financial Services segments.

Earnings History for M/I Homes (NYSE:MHO)

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