Susan Krohne Sells 491 Shares of M/I Homes (NYSE:MHO) Stock

M/I Homes, Inc. (NYSE:MHO) insider Susan Krohne sold 491 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $146.80, for a total transaction of $72,078.80. Following the completion of the sale, the insider owned 8,771 shares in the company, valued at $1,287,582.80. The trade was a 5.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

M/I Homes Price Performance

Shares of NYSE:MHO opened at $149.66 on Friday. The stock has a fifty day moving average of $134.36 and a 200-day moving average of $136.60. The company has a market capitalization of $3.91 billion, a PE ratio of 10.17 and a beta of 1.77. M/I Homes, Inc. has a one year low of $100.22 and a one year high of $158.92. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.72 and a current ratio of 7.54.

M/I Homes (NYSE:MHO) last released its quarterly earnings data on Wednesday, January 28th. The construction company reported $3.91 earnings per share for the quarter, beating the consensus estimate of $3.88 by $0.03. M/I Homes had a net margin of 9.12% and a return on equity of 14.50%. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the business earned $4.71 EPS. The company’s revenue for the quarter was down 4.9% compared to the same quarter last year. As a group, equities analysts anticipate that M/I Homes, Inc. will post 18.44 EPS for the current fiscal year.

M/I Homes declared that its board has approved a share repurchase program on Wednesday, November 12th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the construction company to buy up to 7.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Key Stories Impacting M/I Homes

Here are the key news stories impacting M/I Homes this week:

• Positive Sentiment: Board-authorized $250M share repurchase program (authorizes repurchases of ~7.4% of outstanding stock) which can lift EPS and signals board confidence. MarketBeat MHO page
• Positive Sentiment: Large institutional investors have recently added to positions (examples cited include Donald Smith, Invesco and others), providing demand/support beneath the shares. Institutional holdings summary
• Positive Sentiment: Technical picture is constructive — stock is trading above its 50‑ and 200‑day moving averages, which can attract momentum and quant buyers. MarketBeat technicals
• Neutral Sentiment: Latest quarter: EPS marginally beat ($3.91 vs. $3.88) but revenue fell ~4.9% YoY and EPS declined vs. prior year — mixed fundamentals that may cap upside until revenue stabilizes. Earnings summary
• Neutral Sentiment: Analyst coverage is mixed (targets in the $155–$165 range from some firms, but at least one downgrade to “strong sell”), so analyst action could add volatility. Analyst notes
• Negative Sentiment: Concentrated insider selling this week: CEO Robert H. Schottenstein sold large blocks (filed sales of 20,000 shares and ~14,974 shares on Feb. 10–12), which some investors view as a negative signal even if sales fund diversification. SEC filings: CEO Form 4 (20,000) and CEO Form 4 (14,974)
• Negative Sentiment: CFO Phillip G. Creek sold 8,616 shares (filed Feb. 12); other insiders also trimmed stakes in small blocks — filings can be read here and in InsiderTrades coverage. SEC filing: CFO Form 4 — additional coverage: InsiderTrades article

Analyst Ratings Changes

A number of research firms have issued reports on MHO. Citizens Jmp began coverage on M/I Homes in a report on Wednesday, January 7th. They issued a “market outperform” rating and a $165.00 target price on the stock. Citigroup reissued a “market outperform” rating on shares of M/I Homes in a research note on Friday, January 30th. Raymond James Financial lifted their price objective on M/I Homes from $150.00 to $155.00 and gave the company a “strong-buy” rating in a report on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of M/I Homes in a report on Thursday, January 22nd. Finally, Oppenheimer set a $165.00 target price on shares of M/I Homes in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $161.67.

Institutional Trading of M/I Homes

Large investors have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new stake in M/I Homes in the 3rd quarter valued at $28,000. Hilton Head Capital Partners LLC bought a new position in M/I Homes in the 4th quarter valued at about $28,000. Jones Financial Companies Lllp raised its position in shares of M/I Homes by 73.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 206 shares of the construction company’s stock valued at $30,000 after buying an additional 87 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of M/I Homes by 90.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the construction company’s stock worth $32,000 after acquiring an additional 135 shares during the period. Finally, Private Trust Co. NA bought a new stake in shares of M/I Homes during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

About M/I Homes

M/I Homes, Inc is a publicly traded residential homebuilder founded in 1976 and headquartered in Columbus, Ohio. The company designs, markets and constructs single-family homes and townhome communities across the United States, offering a range of floor plans with customizable design options. Its product portfolio includes starter homes, move-up homes and luxury models, as well as multi-family residences in urban and suburban infill locations.

In addition to its core homebuilding operations, M/I Homes provides mortgage, title and closing services through its in-house affiliate M/I Financial Services.