Overview Dividends

(MHO) M/I Homes - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55305B1017

Single-Family Homes, Townhomes, Financial Services, Land Development, Title Insurance

MHO EPS (Earnings per Share)

EPS Growth (3Y CAGR): -9.45%
EPS Trend (3Y Correlation): -5.3%

MHO Revenue

Revenue Growth (3Y CAGR): 4.12%
Revenue Trend (3Y Correlation): 22.1%

Description: MHO M/I Homes November 08, 2025

M/I Homes, Inc. (NYSE:MHO) builds and sells single-family homes and townhomes across ten U.S. states, operating through three segments: Northern Homebuilding, Southern Homebuilding, and Financial Services.

The company targets a broad buyer spectrum-from first-time and millennial purchasers to move-up, empty-nesters, multi-generational, and luxury buyers-under the M/I Homes brand, while also developing raw land into buildable lots and offering mortgage origination, title insurance, and closing services.

Key recent metrics (FY 2023): revenue of roughly $2.0 billion, a backlog of about $1.3 billion representing roughly 12 months of forward-looking construction, and an average selling price (ASP) of $350 k, up 7 % year-over-year, reflecting both price appreciation and a shift toward higher-priced markets.

Sector drivers that materially affect MHO’s outlook include the Federal Reserve’s policy on mortgage rates (higher rates compress demand and affordability) and the persistent shortage of buildable land in high-growth metros, which supports price power but can constrain supply expansion.

For a deeper quantitative assessment, you may find ValueRay’s proprietary homebuilder valuation model worth reviewing.

MHO Stock Overview

Market Cap in USD	3,296m
Sub-Industry	Homebuilding
IPO / Inception	1986-10-03

MHO Stock Ratings

Growth Rating	49.0%
Fundamental	64.1%
Dividend Rating	8.43%
Return 12m vs S&P 500	-31.7%
Analyst Rating	5.0 of 5

MHO Dividends

Currently no dividends paid

MHO Growth Ratios

Growth Correlation 3m	-66.4%
Growth Correlation 12m	-6.8%
Growth Correlation 5y	78.8%
CAGR 5y	41.54%
CAGR/Max DD 3y (Calmar Ratio)	1.02
CAGR/Mean DD 3y (Pain Ratio)	3.16
Sharpe Ratio 12m	-0.34
Alpha	-47.36
Beta	1.703
Volatility	36.93%
Current Volume	197.1k
Average Volume 20d	226.1k
Stop Loss	123.7 (-3.4%)
Signal	0.17

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (496.6m TTM) > 0 and > 6% of Revenue (6% = 267.4m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA -3.23pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 15.23% (prev 81.59%; Δ -66.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.03 (>3.0%) and CFO 144.8m <= Net Income 496.6m (YES >=105%, WARN >=100%)

Net Debt (193.8m) to EBITDA (651.7m) ratio: 0.30 <= 3.0 (WARN <= 3.5)

Current Ratio 3.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (27.5m) change vs 12m ago -4.03% (target <= -2.0% for YES)

Gross Margin 25.40% (prev 26.79%; Δ -1.39pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 97.83% (prev 96.21%; Δ 1.62pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 14.94 (EBITDA TTM 651.7m / Interest Expense TTM 42.1m) >= 6 (WARN >= 3)

Altman Z'' 5.99

(A) 0.14 = (Total Current Assets 936.5m - Total Current Liabilities 258.0m) / Total Assets 4.77b

(B) 0.65 = Retained Earnings (Balance) 3.10b / Total Assets 4.77b

(D) 1.91 = Book Value of Equity 3.10b / Total Liabilities 1.62b

Total Rating: 5.99 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.14

1. Piotroski 6.0pt = 1.0

2. FCF Yield 4.11% = 2.06

3. FCF Margin 3.16% = 0.79

4. Debt/Equity 0.19 = 2.48

5. Debt/Ebitda 0.30 = 2.43

6. ROIC - WACC (= 2.21)% = 2.77

7. RoE 14.65% = 1.22

8. Rev. Trend 22.12% = 1.66

9. EPS Trend -5.30% = -0.27

What is the price of MHO shares?

As of November 08, 2025, the stock is trading at USD 128.07 with a total of 197,098 shares traded.
Over the past week, the price has changed by +2.30%, over one month by -5.99%, over three months by -0.86% and over the past year by -22.07%.

Is M/I Homes a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, M/I Homes is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.14 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MHO is around 142.56 USD . This means that MHO is currently undervalued and has a potential upside of +11.31% (Margin of Safety).

Is MHO a buy, sell or hold?

M/I Homes has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy MHO.

Strong Buy: 3
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the MHO price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	163.7	27.8%
Analysts Target Price	163.7	27.8%
ValueRay Target Price	161.1	25.8%

MHO Fundamental Data Overview November 05, 2025

Market Cap USD = 3.30b (3.30b USD * 1.0 USD.USD)
P/E Trailing = 7.3961
P/E Forward = 10.4058
P/S = 0.7363
P/B = 1.2578
P/EG = 0.78
Beta = 1.703
Revenue TTM = 4.46b USD
EBIT TTM = 629.4m USD
EBITDA TTM = 651.7m USD
Long Term Debt = 971.6m USD (from longTermDebt, last quarter)
Short Term Debt = 275.9m USD (from shortTermDebt, last quarter)
Debt = 928.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 193.8m USD (from netDebt column, last quarter)
Enterprise Value = 3.42b USD (3.30b + Debt 928.0m - CCE 800.4m)
Interest Coverage Ratio = 14.94 (Ebit TTM 629.4m / Interest Expense TTM 42.1m)
FCF Yield = 4.11% (FCF TTM 140.8m / Enterprise Value 3.42b)
FCF Margin = 3.16% (FCF TTM 140.8m / Revenue TTM 4.46b)
Net Margin = 11.15% (Net Income TTM 496.6m / Revenue TTM 4.46b)
Gross Margin = 25.40% ((Revenue TTM 4.46b - Cost of Revenue TTM 3.32b) / Revenue TTM)
Gross Margin QoQ = 24.10% (prev 25.90%)
Tobins Q-Ratio = 0.72 (Enterprise Value 3.42b / Total Assets 4.77b)
Interest Expense / Debt = 2.55% (Interest Expense 23.7m / Debt 928.0m)
Taxrate = 23.84% (33.3m / 139.8m)
NOPAT = 479.4m (EBIT 629.4m * (1 - 23.84%))
Current Ratio = 3.63 (Total Current Assets 936.5m / Total Current Liabilities 258.0m)
Debt / Equity = 0.19 (Debt 928.0m / totalStockholderEquity, last quarter 4.77b)
Debt / EBITDA = 0.30 (Net Debt 193.8m / EBITDA 651.7m)
Debt / FCF = 1.38 (Net Debt 193.8m / FCF TTM 140.8m)
Total Stockholder Equity = 3.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.41% (Net Income 496.6m / Total Assets 4.77b)
RoE = 14.65% (Net Income TTM 496.6m / Total Stockholder Equity 3.39b)
RoCE = 14.43% (EBIT 629.4m / Capital Employed (Equity 3.39b + L.T.Debt 971.6m))
RoIC = 12.23% (NOPAT 479.4m / Invested Capital 3.92b)
WACC = 10.02% (E(3.30b)/V(4.22b) * Re(12.29%) + D(928.0m)/V(4.22b) * Rd(2.55%) * (1-Tc(0.24)))
Discount Rate = 12.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.19%
[DCF Debug] Terminal Value 53.98% ; FCFE base≈191.8m ; Y1≈126.0m ; Y5≈57.6m
Fair Price DCF = 25.34 (DCF Value 662.7m / Shares Outstanding 26.1m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -5.30 | EPS CAGR: -9.45% | SUE: -0.69 | # QB: 0
Revenue Correlation: 22.12 | Revenue CAGR: 4.12% | SUE: 0.13 | # QB: 0

Additional Sources for MHO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle