Mi Homes Stock Today

MHO Stock  USD 165.03  0.49  0.30%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
MI Homes is selling at 165.03 as of the 30th of November 2024; that is 0.30 percent increase since the beginning of the trading day. The stock's open price was 164.54. MI Homes has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for MI Homes are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
3rd of October 1986
Category
Consumer Cyclical
Classification
Consumer Discretionary
MI Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. MI Homes, Inc. was founded in 1976 and is based in Columbus, Ohio. The company has 27.21 M outstanding shares of which 1.07 M shares are now shorted by investors with about 3.84 days to cover. More on MI Homes

Moving together with MHO Stock

  0.64BC BrunswickPairCorr

MHO Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRobert Schottenstein
Thematic Ideas
(View all Themes)
Old NameMisawa Homes Co. Ltd
Business ConcentrationHousehold Durables, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, PHLX Housing, Furniture, Construction, Consumer Discretionary, Household Durables, Residential Construction, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.41.0028
Significantly Up
Very volatile
Gross Profit Margin0.150.2526
Way Down
Slightly volatile
Net Debt175.1 M184.3 M
Notably Down
Slightly volatile
Total Current Liabilities176.6 M289.8 M
Way Down
Slightly volatile
Non Current Liabilities Total561 M996.7 M
Way Down
Slightly volatile
Total Assets4.2 BB
Sufficiently Up
Slightly volatile
Total Current Assets3.9 B3.7 B
Sufficiently Up
Slightly volatile
Debt Levels
MI Homes can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MI Homes' financial leverage. It provides some insight into what part of MI Homes' total assets is financed by creditors.
Liquidity
MI Homes has 917.15 M in debt with debt to equity (D/E) ratio of 0.48, which is OK given its current industry classification. MI Homes has a current ratio of 6.6, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MHO to invest in growth at high rates of return.

Depreciation

15.22 Million
MI Homes (MHO) is traded on New York Stock Exchange in USA. It is located in 4131 Worth Avenue, Columbus, OH, United States, 43219-6011 and employs 1,607 people. MI Homes is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.49 B. MI Homes runs under Household Durables sector within Consumer Discretionary industry. The entity has 27.21 M outstanding shares of which 1.07 M shares are now shorted by investors with about 3.84 days to cover. MI Homes has about 311.54 M in cash with 552.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43.
Check MI Homes Probability Of Bankruptcy
Ownership Allocation
The majority of MI Homes outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to shop for positions in MI Homes to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in MI Homes. Please pay attention to any change in the institutional holdings of MI Homes as this could imply that something significant has changed or is about to change at the company.
Check MHO Ownership Details

MHO Stock Institutional Holders

InstituionRecorded OnShares
Arrowstreet Capital Limited Partnership2024-06-30
563.6 K
Charles Schwab Investment Management Inc2024-09-30
462.1 K
Amvescap Plc.2024-06-30
460.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
451 K
Macquarie Group Ltd2024-06-30
356 K
Northern Trust Corp2024-09-30
320.2 K
Basswood Capital Management Llc2024-09-30
314.6 K
Hhg Plc2024-06-30
285.8 K
Bank Of New York Mellon Corp2024-06-30
262.4 K
Blackrock Inc2024-06-30
4.6 M
Vanguard Group Inc2024-09-30
2.7 M
View MI Homes Diagnostics

MI Homes Historical Income Statement

At this time, MI Homes' EBIT is very stable compared to the past year. As of the 30th of November 2024, EBITDA is likely to grow to about 620.9 M, while Selling General Administrative is likely to drop about 131.3 M. View More Fundamentals

MHO Stock Against Markets

MI Homes Corporate Directors

Norman TraegerIndependent DirectorProfile
Friedrich BohmLead Independent DirectorProfile
Elizabeth IngramIndependent DirectorProfile
William CarterIndependent DirectorProfile
When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.058
Earnings Share
18.63
Revenue Per Share
153.475
Quarterly Revenue Growth
0.092
Return On Assets
0.0973
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.