M/I Homes – Consensus Indicates Potential 7.4% Upside

Broker Ratings

M/I Homes with ticker code (MHO) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 56 and 50 calculating the mean target price we have 53. Given that the stocks previous close was at 49.37 this would indicate that there is a potential upside of 7.4%. The 50 day moving average now sits at 47.19 and the 200 day moving average is 44.78. The company has a market capitalisation of $1,425m. Find out more information at: http://www.mihomes.com

M/I Homes, together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Michigan, Minnesota, North Carolina, Florida, and Texas, the United States. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes and Showcase Collection brand names, as well as Hans Hagen brand is used in older communities. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes and changed its name to M/I Homes in January 2004. M/I Homes was founded in 1976 and is based in Columbus, Ohio.

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