Ticker name:MHOM/I HOMES, INC.

Country: US-Sector: Consumer Cyclical, Industry: Residential Construction

Compounding in: 2023

M/I Homes, Inc. (MHO), along with its affiliated companies, constructs single-family residences across a broad geographical area, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into three primary segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. Under the M/I Homes brand, the company engages in the entire process of home development, from conceptual design and construction to marketing and sales. It caters to a diverse clientele, encompassing first-time purchasers, millennials, those upgrading their homes, empty-nesters, and luxury market consumers, offering both detached single-family houses and attached townhouses. Beyond building, M/I Homes acquires raw land, transforming it into ready-to-build lots. These developed parcels are then utilized for its own single-family home construction projects or sold to external parties. Furthermore, its financial services division facilitates homeownership by originating and selling mortgage loans. This segment also operates as a title insurance provider, offering policies, conducting examinations, and managing closing services for individuals buying M/I Homes properties. Originally established in Columbus, Ohio, in 1976, the company was initially named M/I Schottenstein Homes, Inc. It adopted its current name, M/I Homes, Inc., in January 2004.

Market Cap 3.5B

Last close 137.96$

Floor clearance 20.98%

Floor clearance (Past 30d)12.16%

Price Return

90d
-6.04%
YTD
7.82%
1Y
8.7%
3Y
47.66%
5Y
131.75%

Key metrics

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