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M/I Homes (MHO) Declines More Than Market: Some Information for Investors
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In the latest trading session, M/I Homes (MHO - Free Report) closed at $135.79, marking a -1.17% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq depreciated by 0.09%.
Coming into today, shares of the homebuilder had lost 7.67% in the past month. In that same time, the Construction sector lost 4.05%, while the S&P 500 lost 0.24%.
The investment community will be paying close attention to the earnings performance of M/I Homes in its upcoming release. The company is slated to reveal its earnings on October 21, 2026. The company's earnings per share (EPS) are projected to be $3.05, reflecting a 26.33% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.09 billion, showing a 3.31% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12 per share and a revenue of $4.18 billion, indicating changes of -18.59% and -5.37%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for M/I Homes. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.96% downward. M/I Homes presently features a Zacks Rank of #4 (Sell).
Looking at its valuation, M/I Homes is holding a Forward P/E ratio of 11.45. This indicates a discount in contrast to its industry's Forward P/E of 13.18.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 230, which puts it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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M/I Homes (MHO) Declines More Than Market: Some Information for Investors
In the latest trading session, M/I Homes (MHO - Free Report) closed at $135.79, marking a -1.17% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq depreciated by 0.09%.
Coming into today, shares of the homebuilder had lost 7.67% in the past month. In that same time, the Construction sector lost 4.05%, while the S&P 500 lost 0.24%.
The investment community will be paying close attention to the earnings performance of M/I Homes in its upcoming release. The company is slated to reveal its earnings on October 21, 2026. The company's earnings per share (EPS) are projected to be $3.05, reflecting a 26.33% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.09 billion, showing a 3.31% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12 per share and a revenue of $4.18 billion, indicating changes of -18.59% and -5.37%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for M/I Homes. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.96% downward. M/I Homes presently features a Zacks Rank of #4 (Sell).
Looking at its valuation, M/I Homes is holding a Forward P/E ratio of 11.45. This indicates a discount in contrast to its industry's Forward P/E of 13.18.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 230, which puts it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.