MHO Stock Recent News

M/I Homes (MHO) came out with quarterly earnings of $5.12 per share, beating the Zacks Consensus Estimate of $4.60 per share. This compares to earnings of $4.12 per share a year ago.

COLUMBUS, Ohio , July 30, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for the three and six months ended June 30, 2024. 2024  Second Quarter Highlights: Homes delivered increased 12% to 2,224 Revenue increased 9% to $1.1 billion, a second quarter record Pre-tax income increased 25% to $194.1 million, 17.5% of revenue, all-time quarterly records Net income increased 24% to an all-time quarterly record of $146.7 million ($5.12 per diluted share) Shareholders' equity reached a record $2.7 billion, a 19% increase from a year ago, with book value per share of $100 New contracts increased 3% to 2,255 Backlog sales value increased to $1.82 billion, up 3% Repurchased $50 million of common stock Return on equity of 21% The Company reported pre-tax income of $194.1 million and net income of $146.7 million ($5.12 per diluted share), both all-time quarterly records.

Get a deeper insight into the potential performance of M/I Homes (MHO) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

M/I Homes' (MHO) second-quarter 2024 performance is likely to have benefited from the lack of existing homes for sale in the market.

As of July 24, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The latest trading day saw M/I Homes (MHO) settling at $147.61, representing a -1.94% change from its previous close.

In the latest trading session, M/I Homes (MHO) closed at $136.06, marking a +1.84% move from the previous day.

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COLUMBUS, Ohio , July 8, 2024 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast: What:    M/I Homes, Inc. Announces Second Quarter Webcast When:    July 30, 2024 @ 10:30AM 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 second quarter earnings before the market opens on Tuesday, July 30, 2024.   M/I Homes, Inc. is one of the nation's leading homebuilders of single-family homes.

The latest trading day saw M/I Homes (MHO) settling at $119.59, representing a +0.64% change from its previous close.