Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For M/I Homes, Inc. (NYSE:MHO)


Recently stock market analysts have updated their consensus ratings on shares of M/I Homes, Inc. (NYSE:MHO).

Most recent broker ratings

01/05/2016 – M/I Homes, Inc. was upgraded to “outperform” by analysts at FBN Securities. They now have a USD 23.5 price target on the stock.

05/03/2015 – M/I Homes, Inc. was upgraded to “strong-buy” by analysts at Zacks. They now have a USD 26 price target on the stock.

04/24/2015 – M/I Homes, Inc. had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 24 price target on the stock.

01/20/2015 – M/I Homes, Inc. was downgraded to “market perform” by analysts at JMP Securities. They now have a USD 25 price target on the stock.

12/02/2014 – Wells Fargo began new coverage on M/I Homes, Inc. giving the company a “outperform” rating.

09/09/2014 – M/I Homes, Inc. was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 24.5 price target on the stock.

02/28/2014 – M/I Homes, Inc. was downgraded to “hold” by analysts at TheStreet.

01/27/2014 – M/I Homes, Inc. was downgraded to “sell” by analysts at Thomson Reuters/Verus.

M/I Homes, Inc. has a 50 day moving average of 23.16 and a 200 day moving average of 20.74. The stock’s market capitalization is 579.94M, it has a 52-week low of 15.56 and a 52-week high of 25.48.

The share price of the company (NYSE:MHO) was up +0.56% during the last trading session, with a high of 23.72 and the volume of M/I Homes, Inc. shares traded was 169185.

M/I Homes, Inc. is a builder of single-family homes. The Company consists of two distinct operations: homebuilding and financial services. The Company’s homebuilding operations are aggregated for reporting purposes into three reporting segments: the Midwest, Mid-Atlantic and Southern regions. The Company’s financial services operations support its homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations and is reported as its own segment. The Company conducts mortgage financing activities through its subsidiary, M/I Financial, LLC (M/I Financial), which originates mortgage loans primarily for purchasers of the Company’s homes. The Company and M/I Financial also operate majority-owned subsidiaries that provide title services to purchasers of the Company’s homes. The Company markets and sells homes primarily under the M/I Homes and Showcase Collection (exclusively by M/I Homes) brands.