MHO - M/I Homes - Stock Price & Dividends

M/I Homes, Inc. is a leading homebuilder that constructs and sells single-family residential homes in nine states across the United States, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee.

The company operates through three main segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. Its Northern Homebuilding segment focuses on building homes in the Midwest and Northeast regions, while the Southern Homebuilding segment concentrates on the Southeast and Southwest regions.

M/I Homes designs, builds, markets, and sells a wide range of single-family homes and attached townhomes to cater to diverse customer groups, including first-time buyers, millennials, move-up buyers, empty-nesters, multi-generational families, and luxury homebuyers. The company's homes are built under the M/I Homes brand name, which is synonymous with quality, craftsmanship, and customer satisfaction.

In addition to building homes, M/I Homes also engages in land development, purchasing undeveloped land to develop into buildable lots for its own construction projects, as well as for sale to other builders and developers. This strategic approach enables the company to control costs, ensure a steady supply of land, and capitalize on opportunities in the real estate market.

The company's Financial Services segment provides mortgage origination services, allowing homebuyers to finance their purchases through M/I Homes' preferred lenders. Moreover, the company acts as a title insurance agent, offering title insurance policies, examination, and closing services to its customers, thereby streamlining the homebuying process.

Founded in 1976, M/I Homes, Inc. is headquartered in Columbus, Ohio, and has established a reputation for building quality homes, providing excellent customer service, and creating value for its stakeholders. For more information, visit the company's website at https://www.mihomes.com.