M/I Homes (MHO) Stock Forecast, Price Target & Predictions
MHO Stock Forecast
M/I Homes stock forecast is as follows: an average price target of $141.50 (represents a -15.01% downside from MHO’s last price of $166.49) and a rating consensus of 'Strong Buy', based on 3 wall street analysts offering a 1-year stock forecast.
MHO Price Target
The average price target for M/I Homes (MHO) is $141.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $210.00 to $73.00. This represents a potential -15.01% downside from MHO's last price of $166.49.
MHO Analyst Ratings
According to 3 Wall Street analysts, M/I Homes's rating consensus is 'Strong Buy'. The analyst rating breakdown for MHO stock is 1 'Strong Buy' (33.33%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
M/I Homes Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 02, 2024 | Buck Horne | Raymond James | $210.00 | $153.50 | 36.81% | 26.13% |
| Jul 23, 2024 | Buck Horne | Raymond James | $200.00 | $155.70 | 28.45% | 20.13% |
| Feb 06, 2023 | - | Wedbush | $73.00 | $61.76 | 18.20% | -56.15% |
The latest M/I Homes stock forecast, released on Aug 02, 2024 by Buck Horne from Raymond James, set a price target of $210.00, which represents a 36.81% increase from the stock price at the time of the forecast ($153.50), and a 26.13% increase from MHO last price ($166.49).
M/I Homes Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $205.00 | $205.00 |
| Last Closing Price | $166.49 | $166.49 | $166.49 |
| Upside/Downside | -100.00% | 23.13% | 23.13% |
In the current month, the average price target of M/I Homes stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to M/I Homes's last price of $166.49. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2024 | Seaport Global | - | Neutral | Initialise |
| Aug 02, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Jul 23, 2024 | Raymond James | - | Strong Buy | Initialise |
| Feb 06, 2023 | Wedbush | Outperform | Outperform | Hold |
M/I Homes's last stock rating was published by Seaport Global on Aug 28, 2024. The company Initialise its MHO rating from "null" to "Neutral".
M/I Homes Financial Forecast
M/I Homes Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $975.80M | $1.05B | $1.01B | $1.00B | $1.22B | $1.01B | - | $860.81M | $1.05B | $904.32M | $961.04M | $828.78M | $906.43M | $847.92M | $714.19M | $577.60M | $742.15M | $653.35M |
| Avg Forecast | $1.36B | $1.27B | $1.14B | $1.13B | $1.28B | $1.18B | $1.13B | $1.10B | $1.14B | $1.13B | $1.06B | $1.01B | $1.19B | $1.07B | $822.80M | $787.90M | $1.03B | $1.05B | $1.04B | $888.20M | $986.70M | $1.03B | $853.82M | $758.75M | $962.00M | $668.17M | $597.88M | $511.80M | $754.06M | $604.31M |
| High Forecast | $1.40B | $1.30B | $1.18B | $1.16B | $1.31B | $1.22B | $1.17B | $1.13B | $1.17B | $1.15B | $1.09B | $1.03B | $1.22B | $1.10B | $847.13M | $811.20M | $1.06B | $1.08B | $1.04B | $888.20M | $986.70M | $1.03B | $853.82M | $758.75M | $962.00M | $668.17M | $597.88M | $511.80M | $754.06M | $604.31M |
| Low Forecast | $1.33B | $1.24B | $1.12B | $1.10B | $1.25B | $1.16B | $1.11B | $1.08B | $1.11B | $1.10B | $1.03B | $982.44M | $1.16B | $1.04B | $804.15M | $770.04M | $1.00B | $1.02B | $1.04B | $888.20M | $986.70M | $1.03B | $853.82M | $758.75M | $962.00M | $668.17M | $597.88M | $511.80M | $754.06M | $604.31M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.98% | 1.23% | 1.27% | 1.19% | 0.97% | - | 0.97% | 1.07% | 0.88% | 1.13% | 1.09% | 0.94% | 1.27% | 1.19% | 1.13% | 0.98% | 1.08% |
M/I Homes's average Quarter revenue forecast for Mar 24 based on 0 analysts is $1.01B, with a low forecast of $982.44M, and a high forecast of $1.03B. MHO's average Quarter revenue forecast represents a 3.02% increase compared to the company's last Quarter revenue of $975.80M (Dec 23).
M/I Homes EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $136.72M | $172.13M | $150.66M | $134.59M | $164.38M | $167.29M | - | $122.92M | $145.70M | $119.83M | $145.22M | $114.92M | $107.00M | $100.30M | $77.84M | $49.66M | $59.50M | $58.11M |
| Avg Forecast | $168.67M | $157.36M | $142.10M | $139.80M | $158.59M | $147.07M | $140.82M | $136.68M | $141.26M | $140.02M | $131.35M | $139.75M | $147.34M | $132.56M | $102.22M | $127.05M | $127.41M | $148.53M | $129.47M | $115.50M | $126.30M | $135.03M | $126.46M | $107.64M | $83.57M | $95.45M | $42.58M | $34.10M | $63.72M | $38.74M |
| High Forecast | $173.66M | $162.02M | $146.30M | $143.93M | $163.28M | $151.41M | $144.99M | $140.72M | $145.43M | $142.50M | $135.23M | $167.70M | $151.70M | $136.47M | $105.24M | $152.46M | $131.18M | $178.24M | $129.47M | $138.60M | $151.56M | $162.03M | $151.75M | $129.17M | $100.28M | $114.54M | $51.10M | $40.92M | $76.47M | $46.49M |
| Low Forecast | $164.85M | $153.80M | $138.87M | $136.63M | $154.99M | $143.73M | $137.63M | $133.58M | $138.05M | $136.30M | $128.37M | $111.80M | $144.00M | $129.55M | $99.90M | $101.64M | $124.52M | $118.82M | $129.47M | $92.40M | $101.04M | $108.02M | $101.16M | $86.11M | $66.85M | $76.36M | $34.07M | $27.28M | $50.98M | $30.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.30% | 1.47% | 1.06% | 1.29% | 1.13% | - | 1.06% | 1.15% | 0.89% | 1.15% | 1.07% | 1.28% | 1.05% | 1.83% | 1.46% | 0.93% | 1.50% |
0 analysts predict MHO's average Quarter EBITDA for Mar 24 to be $139.75M, with a high of $167.70M and a low of $111.80M. This is 2.22% upper than M/I Homes's previous annual EBITDA (Dec 23) of $136.72M.
M/I Homes Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $105.28M | $139.02M | $118.00M | $103.07M | $130.40M | $131.59M | - | $91.84M | $113.38M | $91.01M | $107.61M | $84.87M | $80.08M | $73.54M | $54.51M | $31.75M | $41.78M | $37.84M |
| Avg Forecast | $190.93M | $171.15M | $151.65M | $145.06M | $167.56M | $153.37M | $144.34M | $137.75M | $141.24M | $141.52M | $131.67M | $104.41M | $141.62M | $122.41M | $70.24M | $94.92M | $119.26M | $112.81M | $109.20M | $86.29M | $98.29M | $102.55M | $93.70M | $79.49M | $62.54M | $69.98M | $29.82M | $21.80M | $44.75M | $25.23M |
| High Forecast | $198.27M | $177.73M | $157.48M | $150.64M | $174.01M | $159.27M | $149.89M | $143.05M | $146.67M | $145.82M | $136.73M | $125.30M | $147.06M | $127.12M | $72.94M | $113.91M | $123.84M | $135.37M | $109.20M | $103.55M | $117.95M | $123.06M | $112.44M | $95.39M | $75.05M | $83.98M | $35.78M | $26.16M | $53.70M | $30.27M |
| Low Forecast | $185.30M | $166.10M | $147.18M | $140.78M | $162.63M | $148.85M | $140.09M | $133.69M | $137.08M | $136.37M | $127.79M | $83.53M | $137.45M | $118.80M | $68.17M | $75.94M | $115.74M | $90.25M | $109.20M | $69.03M | $78.63M | $82.04M | $74.96M | $63.59M | $50.04M | $55.99M | $23.86M | $17.44M | $35.80M | $20.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.14% | 1.68% | 1.09% | 1.09% | 1.17% | - | 1.06% | 1.15% | 0.89% | 1.15% | 1.07% | 1.28% | 1.05% | 1.83% | 1.46% | 0.93% | 1.50% |
M/I Homes's average Quarter net income forecast for Mar 24 is $104.41M, with a range of $83.53M to $125.30M. MHO's average Quarter net income forecast represents a -0.83% decrease compared to the company's last Quarter net income of $105.28M (Dec 23).
M/I Homes SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $114.54M | $109.60M | $107.53M | $100.04M | $110.14M | $104.62M | - | $90.20M | $103.54M | $96.53M | $99.65M | $90.89M | $105.83M | $98.42M | $82.16M | $70.67M | $86.94M | $79.53M |
| Avg Forecast | $148.79M | $138.82M | $125.35M | $123.33M | $139.90M | $129.74M | $124.23M | $120.57M | $124.61M | $123.52M | $115.87M | $102.55M | $129.98M | $116.94M | $90.17M | $93.23M | $112.40M | $119.65M | $114.22M | $84.76M | $89.75M | $108.77M | $86.77M | $85.14M | $82.65M | $93.66M | $44.95M | $48.54M | $93.11M | $53.02M |
| High Forecast | $153.19M | $142.93M | $129.06M | $126.97M | $144.04M | $133.57M | $127.90M | $124.14M | $128.30M | $125.70M | $119.30M | $123.06M | $133.82M | $120.39M | $92.84M | $111.88M | $115.72M | $143.58M | $114.22M | $101.71M | $107.70M | $130.53M | $104.13M | $102.16M | $99.18M | $112.39M | $53.94M | $58.24M | $111.74M | $63.63M |
| Low Forecast | $145.42M | $135.67M | $122.51M | $120.53M | $136.73M | $126.80M | $121.41M | $117.84M | $121.79M | $120.24M | $113.24M | $82.04M | $127.03M | $114.28M | $88.13M | $74.58M | $109.85M | $95.72M | $114.22M | $67.80M | $71.80M | $87.02M | $69.42M | $68.11M | $66.12M | $74.93M | $35.96M | $38.83M | $74.49M | $42.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.94% | 1.19% | 1.07% | 0.98% | 0.87% | - | 1.06% | 1.15% | 0.89% | 1.15% | 1.07% | 1.28% | 1.05% | 1.83% | 1.46% | 0.93% | 1.50% |
M/I Homes's average Quarter SG&A projection for Mar 24 is $102.55M, based on 0 Wall Street analysts, with a range of $82.04M to $123.06M. The forecast indicates a -10.46% fall compared to MHO last annual SG&A of $114.54M (Dec 23).
M/I Homes EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.66 | $4.98 | $4.25 | $3.73 | $4.75 | $4.76 | - | $3.23 | $3.93 | $3.11 | $3.68 | $2.92 | $2.78 | $2.57 | $1.91 | $1.11 | $1.48 | $1.35 |
| Avg Forecast | $6.66 | $5.97 | $5.29 | $5.06 | $5.84 | $5.35 | $5.04 | $4.80 | $4.93 | $4.94 | $4.59 | $3.96 | $4.94 | $4.27 | $2.45 | $2.36 | $4.16 | $4.05 | $3.78 | $2.98 | $3.38 | $3.47 | $2.48 | $1.51 | $2.42 | $1.44 | $0.89 | $0.71 | $1.69 | $0.99 |
| High Forecast | $6.92 | $6.20 | $5.49 | $5.25 | $6.07 | $5.56 | $5.23 | $4.99 | $5.12 | $5.09 | $4.77 | $4.11 | $5.13 | $4.43 | $2.54 | $2.45 | $4.32 | $4.21 | $3.78 | $2.98 | $3.38 | $3.47 | $2.48 | $1.51 | $2.42 | $1.44 | $0.89 | $0.71 | $1.69 | $0.99 |
| Low Forecast | $6.46 | $5.79 | $5.13 | $4.91 | $5.67 | $5.19 | $4.89 | $4.66 | $4.78 | $4.76 | $4.46 | $3.84 | $4.79 | $4.14 | $2.38 | $2.29 | $4.04 | $3.93 | $3.78 | $2.98 | $3.38 | $3.47 | $2.48 | $1.51 | $2.42 | $1.44 | $0.89 | $0.71 | $1.69 | $0.99 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.17% | 1.73% | 1.58% | 1.14% | 1.18% | - | 1.08% | 1.16% | 0.90% | 1.48% | 1.93% | 1.15% | 1.78% | 2.16% | 1.56% | 0.88% | 1.36% |
According to 0 Wall Street analysts, M/I Homes's projected average Quarter EPS for Mar 24 is $3.96, with a low estimate of $3.84 and a high estimate of $4.11. This represents a 8.08% increase compared to MHO previous annual EPS of $3.66 (Dec 23).
M/I Homes Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BZH | Beazer Homes USA | $33.59 | $41.00 | 22.06% | Buy |
| LGIH | LGI Homes | $114.47 | $107.25 | -6.31% | Hold |
| TMHC | Taylor Morrison Home | $68.66 | $64.20 | -6.50% | Buy |
| TPH | Tri Pointe Homes | $44.56 | $40.33 | -9.49% | Buy |
| MHO | M/I Homes | $166.49 | $141.50 | -15.01% | Strong Buy |
| MTH | Meritage Homes | $203.56 | $162.60 | -20.12% | Buy |
| KBH | KB Home | $86.04 | $56.38 | -34.47% | Hold |
| CCS | Century Communities | $103.41 | $60.67 | -41.33% | Buy |
MHO Forecast FAQ
Is M/I Homes a good buy?
Yes, according to 3 Wall Street analysts, M/I Homes (MHO) is considered a 'Strong Buy'. The rating consensus is based on 1 'Strong Buy' and 1 'Buy' recommendations, accounting for 66.67% of MHO's total ratings.
What is MHO's price target?
M/I Homes (MHO) average price target is $141.5 with a range of $73 to $210, implying a -15.01% from its last price of $166.49. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will M/I Homes stock go up soon?
According to Wall Street analysts' prediction for MHO stock, the company can go down by -15.01% (from the last price of $166.49 to the average price target of $141.5), up by 26.13% based on the highest stock price target, and down by -56.15% based on the lowest stock price target.
Can M/I Homes stock reach $200?
MHO's highest twelve months analyst stock price target of $210 supports the claim that M/I Homes can reach $200 in the near future.
What are M/I Homes's analysts' financial forecasts?
M/I Homes's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.69B (high $4.83B, low $4.59B), average EBITDA is $583.16M (high $600.4M, low $569.94M), average net income is $603.03M (high $626.21M, low $585.26M), average SG&A $514.44M (high $529.65M, low $502.78M), and average EPS is $21.04 (high $21.84, low $20.42). MHO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.89B (high $5.04B, low $4.78B), average EBITDA is $607.93M (high $625.9M, low $594.15M), average net income is $658.79M (high $684.12M, low $639.38M), average SG&A $536.29M (high $552.15M, low $524.14M), and average EPS is $22.98 (high $23.86, low $22.3).
Did the MHO's actual financial results beat the analysts' financial forecasts?
Based on M/I Homes's last annual report (Dec 2023), the company's revenue was $4.03B, beating the average analysts forecast of $3.86B by 4.26%. Apple's EBITDA was $596.32M, beating the average prediction of $509.16M by 17.12%. The company's net income was $465.36M, beating the average estimation of $429.19M by 8.43%. Apple's SG&A was $431.71M, beating the average forecast of $430.32M by 0.32%. Lastly, the company's EPS was $16.21, beating the average prediction of $14.02 by 15.62%. In terms of the last quarterly report (Dec 2023), M/I Homes's revenue was $975.8M, missing the average analysts' forecast of $1.19B by -17.72%. The company's EBITDA was $136.72M, missing the average prediction of $147.34M by -7.21%. M/I Homes's net income was $105.28M, missing the average estimation of $141.62M by -25.66%. The company's SG&A was $114.54M, missing the average forecast of $129.98M by -11.88%. Lastly, the company's EPS was $3.66, missing the average prediction of $4.94 by -25.91%