M/I Homes, Inc. Common Stock (NYSE:MHO):
M/I Homes, Inc. Announces Third Quarter Earnings Webcast.
The company is trading up from yesterday’s close of $21.29.
Shares of the company are trading at $21.35 which is just a bit below the 50 day moving average which is $22.99 and a tad higher than the 200 day moving average of $20.95. The 50 day moving average was down $-1.64 and the 200 day average went up $0.40 or +1.90%.
M/I Homes, Inc. Common Stock currently has a P/E ratio of 12.19 and market cap is 526.66M. As of the last earnings report the EPS was $1.75 and is expected to be $2.50 for the current year with 24,668,000 shares outstanding. Next quarter’s EPS is forecasted at $0.51 and the next full year EPS is anticipated to be $3.00.
A few investment firms have released opinions on M/I Homes, Inc. Common Stock. February 9 investment analysts at JP Morgan left the stock rating at “Neutral” but lowered the price target from $25.50 to $21.00. On January 13 JP Morgan made no change to the stock rating of “Neutral” but lowered the price expectation to $25.50 from $29.00.
On April 24 Citigroup held the company rating at “Neutral” but moved up the price target to $24.00 from $23.00. On February 5 Citigroup maintained a company rating of “Neutral” and moved down the price target from $24.00 to $23.00.
On January 20 the company was downgraded from “Market Outperform” to “Market Perform” with a current price target of $25.00 in a report from JMP Securities. On December 2 analysts at Wells Fargo starting coverage on MHO by announcing an initial rating of “Outperform”.