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 $197.50 (represents a 47.03% upside from MHO’s last price of $134.33) 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 $197.50 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 $185.00. This represents a potential 47.03% upside from MHO's last price of $134.33.
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 |
|---|---|---|---|---|---|---|
| Nov 04, 2024 | Jay McCanless | Wedbush | $185.00 | $155.91 | 18.66% | 37.72% |
| Aug 02, 2024 | Buck Horne | Raymond James | $210.00 | $153.50 | 36.81% | 56.33% |
| Jul 23, 2024 | Buck Horne | Raymond James | $200.00 | $155.70 | 28.45% | 48.89% |
| Feb 06, 2023 | Wedbush | $73.00 | $61.76 | 18.20% | -45.66% |
The latest M/I Homes stock forecast, released on Nov 04, 2024 by Jay McCanless from Wedbush, set a price target of $185.00, which represents a 18.66% increase from the stock price at the time of the forecast ($155.91), and a 37.72% increase from MHO last price ($134.33).
M/I Homes Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $185.00 | $198.33 |
| Last Closing Price | $134.33 | $134.33 | $134.33 |
| Upside/Downside | -100.00% | 37.72% | 47.64% |
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 $134.33. 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 |
|---|---|---|---|---|
| Nov 04, 2024 | Wedbush | Outperform | Outperform | Upgrade |
| 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 Wedbush on Nov 04, 2024. The company gave MHO a "Outperform" rating, the same as its previous rate.
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 | Jun 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 | $1.04B | $860.81M | $1.05B | $904.32M | $961.04M | $828.78M | $906.43M | $847.92M | $714.19M | $577.60M | $742.15M | $653.35M |
| Avg Forecast | $1.35B | $1.31B | $1.19B | $1.16B | $1.31B | $1.22B | $1.16B | $1.10B | $1.17B | $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 | $1.38B | $1.33B | $1.21B | $1.18B | $1.33B | $1.24B | $1.18B | $1.12B | $1.19B | $1.13B | $1.06B | $1.01B | $1.21B | $1.09B | $836.70M | $801.21M | $1.04B | $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 |
| Low Forecast | $1.34B | $1.29B | $1.17B | $1.14B | $1.29B | $1.21B | $1.15B | $1.09B | $1.15B | $1.12B | $1.06B | $1.01B | $1.17B | $1.05B | $812.29M | $777.84M | $1.01B | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.98% | 1.23% | 1.27% | 1.19% | 0.97% | 1.00% | 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 1 analysts is $1.01B, with a low forecast of $1.01B, and a high forecast of $1.01B. 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 | Jun 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 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $136.72M | $172.13M | $150.66M | $134.59M | $164.38M | $167.29M | $182.87M | $122.92M | $145.70M | $119.83M | $145.22M | $114.92M | $107.00M | $100.30M | $77.84M | $49.66M | $59.50M | $58.11M |
| Avg Forecast | $173.06M | $166.82M | $151.75M | $148.15M | $166.85M | $156.08M | $148.70M | $141.02M | $149.33M | $144.06M | $135.14M | $139.75M | $151.60M | $136.39M | $105.17M | $127.05M | $138.93M | $130.19M | $129.47M | $115.50M | $122.58M | $128.01M | $106.07M | $107.64M | $119.51M | $83.01M | $74.28M | $34.10M | $93.68M | $75.08M |
| High Forecast | $175.98M | $169.64M | $154.31M | $150.65M | $169.67M | $158.71M | $151.21M | $143.58M | $151.89M | $144.95M | $135.14M | $167.70M | $154.16M | $138.69M | $106.95M | $152.46M | $166.72M | $130.19M | $129.47M | $138.60M | $122.58M | $128.01M | $106.07M | $129.17M | $119.51M | $83.01M | $74.28M | $40.92M | $93.68M | $75.08M |
| Low Forecast | $170.85M | $164.69M | $149.81M | $146.25M | $164.72M | $154.08M | $146.80M | $139.74M | $146.78M | $143.17M | $135.14M | $111.80M | $149.66M | $134.64M | $103.83M | $101.64M | $111.14M | $130.19M | $129.47M | $92.40M | $122.58M | $128.01M | $106.07M | $86.11M | $119.51M | $83.01M | $74.28M | $27.28M | $93.68M | $75.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.26% | 1.43% | 1.06% | 1.18% | 1.28% | 1.41% | 1.06% | 1.19% | 0.94% | 1.37% | 1.07% | 0.90% | 1.21% | 1.05% | 1.46% | 0.64% | 0.77% |
1 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 | Jun 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 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $105.28M | $139.02M | $118.00M | $103.07M | $130.40M | $131.59M | $136.84M | $91.84M | $113.38M | $91.01M | $107.61M | $84.87M | $80.08M | $73.54M | $54.51M | $31.75M | $41.78M | $37.84M |
| Avg Forecast | $190.89M | $177.20M | $156.94M | $147.24M | $169.78M | $158.65M | $147.81M | $134.82M | $137.91M | $140.86M | $131.06M | $104.41M | $140.96M | $121.84M | $69.91M | $94.92M | $108.12M | $116.11M | $108.37M | $86.29M | $96.90M | $99.48M | $71.24M | $79.49M | $69.52M | $41.28M | $25.37M | $21.80M | $48.45M | $28.38M |
| High Forecast | $195.08M | $181.09M | $160.38M | $150.47M | $173.51M | $162.13M | $151.05M | $139.38M | $147.34M | $141.96M | $131.06M | $125.30M | $144.05M | $124.52M | $71.44M | $113.91M | $129.74M | $116.11M | $108.37M | $103.55M | $96.90M | $99.48M | $71.24M | $95.39M | $69.52M | $41.28M | $25.37M | $26.16M | $48.45M | $28.38M |
| Low Forecast | $187.72M | $174.25M | $154.33M | $144.79M | $166.96M | $156.02M | $145.35M | $129.98M | $131.35M | $139.77M | $131.05M | $83.53M | $138.62M | $119.82M | $68.75M | $75.94M | $86.49M | $116.11M | $108.37M | $69.03M | $96.90M | $99.48M | $71.24M | $63.59M | $69.52M | $41.28M | $25.37M | $17.44M | $48.45M | $28.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 1.14% | 1.69% | 1.09% | 1.21% | 1.13% | 1.26% | 1.06% | 1.17% | 0.91% | 1.51% | 1.07% | 1.15% | 1.78% | 2.15% | 1.46% | 0.86% | 1.33% |
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 | Jun 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 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $114.54M | $109.60M | $107.53M | $100.04M | $110.14M | $104.62M | $101.42M | $90.20M | $103.54M | $96.53M | $99.65M | $90.89M | $105.83M | $98.42M | $82.16M | $70.67M | $86.94M | $79.53M |
| Avg Forecast | $148.34M | $142.99M | $130.07M | $126.99M | $143.02M | $133.78M | $127.46M | $120.88M | $128.00M | $123.49M | $115.84M | $102.55M | $129.94M | $116.91M | $90.15M | $93.23M | $98.73M | $114.85M | $114.22M | $84.76M | $108.14M | $112.93M | $93.57M | $85.14M | $105.43M | $73.23M | $65.52M | $48.54M | $82.64M | $66.23M |
| High Forecast | $150.84M | $145.41M | $132.27M | $129.13M | $145.44M | $136.04M | $129.61M | $123.07M | $130.19M | $124.25M | $115.84M | $123.06M | $132.14M | $118.88M | $91.67M | $111.88M | $118.47M | $114.85M | $114.22M | $101.71M | $108.14M | $112.93M | $93.57M | $102.16M | $105.43M | $73.23M | $65.52M | $58.24M | $82.64M | $66.23M |
| Low Forecast | $146.45M | $141.17M | $128.41M | $125.36M | $141.19M | $132.08M | $125.83M | $119.78M | $125.82M | $122.72M | $115.84M | $82.04M | $128.28M | $115.41M | $89.00M | $74.58M | $78.98M | $114.85M | $114.22M | $67.80M | $108.14M | $112.93M | $93.57M | $68.11M | $105.43M | $73.23M | $65.52M | $38.83M | $82.64M | $66.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.94% | 1.19% | 1.07% | 1.12% | 0.91% | 0.89% | 1.06% | 0.96% | 0.85% | 1.06% | 1.07% | 1.00% | 1.34% | 1.25% | 1.46% | 1.05% | 1.20% |
M/I Homes's average Quarter SG&A projection for Mar 24 is $102.55M, based on 1 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 | Jun 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 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.66 | $4.98 | $4.25 | $3.73 | $4.75 | $4.76 | $4.88 | $3.23 | $3.93 | $3.11 | $3.68 | $2.92 | $2.78 | $2.57 | $1.91 | $1.11 | $1.48 | $1.35 |
| Avg Forecast | $6.69 | $6.21 | $5.50 | $5.16 | $5.95 | $5.56 | $5.18 | $4.72 | $4.83 | $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 | $6.84 | $6.35 | $5.62 | $5.27 | $6.08 | $5.68 | $5.29 | $4.88 | $5.16 | $4.97 | $4.59 | $3.96 | $5.05 | $4.36 | $2.50 | $2.41 | $4.25 | $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 |
| Low Forecast | $6.58 | $6.11 | $5.41 | $5.07 | $5.85 | $5.47 | $5.09 | $4.56 | $4.60 | $4.90 | $4.59 | $3.95 | $4.86 | $4.20 | $2.41 | $2.32 | $4.09 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.17% | 1.73% | 1.58% | 1.14% | 1.18% | 1.29% | 1.08% | 1.16% | 0.90% | 1.48% | 1.93% | 1.15% | 1.78% | 2.16% | 1.56% | 0.88% | 1.36% |
According to 1 Wall Street analysts, M/I Homes's projected average Quarter EPS for Mar 24 is $3.96, with a low estimate of $3.95 and a high estimate of $3.96. 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 | $30.01 | $45.00 | 49.95% | Buy |
| TPH | Tri Pointe Homes | $38.18 | $51.00 | 33.58% | Hold |
| MHO | M/I Homes | $150.73 | $197.50 | 31.03% | Strong Buy |
| LGIH | LGI Homes | $96.47 | $125.00 | 29.57% | Hold |
| MTH | Meritage Homes | $163.80 | $206.80 | 26.25% | Buy |
| TMHC | Taylor Morrison Home | $63.84 | $77.20 | 20.93% | Buy |
| KBH | KB Home | $70.44 | $77.40 | 9.88% | Buy |
| CCS | Century Communities | $81.31 | $60.67 | -25.38% | Buy |