M/I Homes, Inc. (MHO) Stock Analysis & Investment Frameworks
M/I Homes, Inc. (MHO) stock analysis on Invetso. Review M/I Homes, Inc.’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
M/I Homes, Inc. Company Overview
- Exchange: New York Stock Exchange
- Sector: Consumer Cyclical
- Industry: Residential Construction
- Country: US
M/I Homes, Inc. Key Financial Metrics
- Market Cap: $3.33B
- Revenue: $4.42B
- P/E Ratio: 8.26
- ROE: 8.64%
- ROIC: 6.21%
- Dividend Yield: N/A
About M/I Homes, Inc.
M/I Homes, Inc. (MHO), along with its affiliated companies, constructs single-family residences across a broad geographical area, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into three primary segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. Under the M/I Homes brand, the company engages in the entire process of home development, from conceptual design and construction to marketing and sales. It caters to a diverse clientele, encompassing first-time purchasers, millennials, those upgrading their homes, empty-nesters, and luxury market consumers, offering both detached single-family houses and attached townhouses. Beyond building, M/I Homes acquires raw land, transforming it into ready-to-build lots. These developed parcels are then utilized for its own single-family home construction projects or sold to external parties. Furthermore, its financial services division facilitates homeownership by originating and selling mortgage loans. This segment also operates as a title insurance provider, offering policies, conducting examinations, and managing closing services for individuals buying M/I Homes properties. Originally established in Columbus, Ohio, in 1976, the company was initially named M/I Schottenstein Homes, Inc. It adopted its current name, M/I Homes, Inc., in January 2004.