Raymond James restated their strong-buy rating on shares of M/I Homes ( NYSE:MHO – Free Report ) in a research report sent to investors on Thursday morning, Benzinga reports. The brokerage currently has a $168.00 price objective on the construction company’s stock, down from their previous price objective of $210.
00. Several other analysts have also recently issued reports on the company. StockNews.
com cut M/I Homes from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Wedbush raised shares of M/I Homes from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $155.00 to $185.
00 in a research report on Monday, November 4th. Read Our Latest Stock Report on MHO M/I Homes Stock Performance M/I Homes ( NYSE:MHO – Get Free Report ) last released its earnings results on Wednesday, January 29th. The construction company reported $4.
71 earnings per share for the quarter, missing analysts’ consensus estimates of $4.96 by ($0.25).
M/I Homes had a return on equity of 20.56% and a net margin of 12.51%.
On average, sell-side analysts forecast that M/I Homes will post 20.42 earnings per share for the current fiscal year. Insider Buying and Selling In other M/I Homes news, CFO Phillip G.
Creek sold 20,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $160.00, for a total value of $3,200,000.
00. Following the transaction, the chief financial officer now owns 18,545 shares of the company’s stock, valued at $2,967,200. This represents a 51.
89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link . 3.
70% of the stock is currently owned by company insiders. Institutional Investors Weigh In On M/I Homes A number of institutional investors have recently made changes to their positions in MHO. V Square Quantitative Management LLC purchased a new stake in shares of M/I Homes in the 3rd quarter valued at $27,000.
Principal Securities Inc. purchased a new stake in M/I Homes during the fourth quarter worth about $27,000. R Squared Ltd purchased a new stake in M/I Homes during the fourth quarter worth about $33,000.
Signaturefd LLC lifted its position in shares of M/I Homes by 49.4% during the third quarter. Signaturefd LLC now owns 354 shares of the construction company’s stock worth $61,000 after purchasing an additional 117 shares in the last quarter.
Finally, Daiwa Securities Group Inc. purchased a new position in shares of M/I Homes in the third quarter valued at approximately $86,000. 95.
14% of the stock is currently owned by institutional investors and hedge funds. M/I Homes Company Profile ( Get Free Report ) M/I Homes, Inc, together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.
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M/I Homes’ (MHO) “Strong-Buy” Rating Reiterated at Raymond James
Raymond James restated their strong-buy rating on shares of M/I Homes (NYSE:MHO – Free Report) in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage currently has a $168.00 price objective on the construction company’s stock, down from their previous price objective of $210.00. Several other analysts have also recently issued reports [...]