MHO Stock Recent News

COLUMBUS, Ohio , Jan. 29, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for its fourth quarter and year ended December 31, 2024. 2024  Fourth Quarter Results: Record fourth quarter homes delivered and income New contracts increased 11% to 1,759 Homes delivered increased 19% to 2,402 Revenue of $1.2 billion, up 24% Pre-tax income of $171 million, up 24% Net income increased 27% to $133.5 million ($4.71 per diluted share) compared to $105 million ($3.66 per diluted share) in 2023 Repurchased $50 million of stock 2024  Full Year Results: Record homes delivered, revenue and income New contracts increased 8% to 8,584 Homes delivered increased 12% to 9,055 Revenue increased 12% to $4.5 billion Pre-tax income increased 21% to $734 million; 16% of revenue Net income increased 21% to $564 million ($19.71 per diluted share) Shareholders' equity reached an all-time record of $2.9 billion, a 17% increase from a year ago, with book value per share of $109 Repurchased $176 mil

In the latest trading session, M/I Homes (MHO) closed at $135.50, marking a -0.76% move from the previous day.

M/I Homes (MHO) reachead $137.68 at the closing of the latest trading day, reflecting a +0.48% change compared to its last close.

In the most recent trading session, M/I Homes (MHO) closed at $127.88, indicating a +0.88% shift from the previous trading day.

M/I Homes (MHO) reachead $131.95 at the closing of the latest trading day, reflecting a +0.96% change compared to its last close.

The MHO stock benefits from favorable macro trends, driving the housing market amid persisting inflationary pressures. Dive in to know more about the affecting factors.

M/I Homes, Inc. MHO stock has been rallying of late, gaining 36.8% over the past three months. This Scottsdale, AZ-based company's shares have also performed better than the Zacks Building Products - Home Builders industry's 29.4% rise.

COLUMBUS, Ohio , Oct. 8, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What:    M/I Homes, Inc. Announces Third Quarter Webcast When:    October 30, 2024 @ 10:00AM Eastern Time Where:    http://www.mihomes.com  How:        Live over the Internet -- Simply log on to the web at the address above  Contact: Ann Marie Hunker, Vice President, Chief Accounting Officer, Controller of M/I Homes, Inc.,    amhunker@mihomes.com, or 614-418-8225 Mark Kirkendall, Vice President, Treasurer of M/I Homes, Inc.,     mkirkendall@mihomes.com, or 614-418-8021      If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.mihomes.com The company is expected to report third quarter earnings before the market opens on Wednesday, October 30, 2024.   M/I Homes, Inc. is one of the nation's leading homebuilders of single-family homes.

Lennar, PulteGroup, NVR, M/I Homes and Century Communities have been highlighted in this Industry Outlook article.

In the latest trading session, M/I Homes (MHO) closed at $172.34, marking a +0.57% move from the previous day.