M/I Homes (MHO) Set to Announce Earnings on Tuesday

M/I Homes (NYSE:MHO) will be announcing its earnings results before the market opens on Tuesday, July 30th. Analysts expect the company to announce earnings of $4.79 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

M/I Homes Stock Performance

Shares of MHO stock opened at $165.54 on Monday. The company has a current ratio of 6.91, a quick ratio of 1.99 and a debt-to-equity ratio of 0.35. M/I Homes has a 12-month low of $74.79 and a 12-month high of $167.87. The business’s 50 day moving average is $128.82 and its two-hundred day moving average is $126.08. The company has a market capitalization of $4.59 billion, a P/E ratio of 9.52 and a beta of 2.23.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on MHO shares. Wedbush reiterated a “neutral” rating and set a $130.00 target price (up previously from $116.00) on shares of M/I Homes in a research report on Wednesday, April 24th. Raymond James began coverage on shares of M/I Homes in a report on Wednesday, July 24th. They set a “strong-buy” rating and a $200.00 price objective on the stock. Finally, StockNews.com raised shares of M/I Homes from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 26th.

About M/I Homes

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.