M/I Homes Inc (MHO) Stock Price Falls 4.22% on July 15

M/I Homes Inc (MHO) stock fell 4.22% to $114.54 on July 15. The stock is 34.99% below its 52-week high and 14.29% above its 52-week low. Analysts forecast an average target price of $158.67, indicating an upside of 38.53% from the current price. The estimated GF Value for MHO is $106.85, suggesting a downside of 6.71% from the current price.

M/I Homes Inc (MHO) stock experienced a notable decline on July 15, dropping 4.22% to $114.54. This significant fall brings the stock 34.99% below its 52-week high and 14.29% above its 52-week low [1]. Analysts are forecasting an average target price of $158.67, indicating a potential upside of 38.53% from the current price. The estimated GF Value for MHO is $106.85, suggesting a downside of 6.71% from the current price [2].

In the latest trading session, MHO closed at $121.03, marking a +2.01% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.09% [2]. Over the previous month, shares of the homebuilder witnessed a gain of 7.97%, outperforming the Construction sector's gain of 5.19% and the S&P 500's gain of 4.37% [2].

The investment community is closely monitoring MHO's forthcoming earnings report, scheduled for July 23, 2025. Analysts anticipate the company to report an EPS of $4.43, marking a 13.48% fall compared to the same quarter of the previous year. The latest consensus estimate predicts revenue to be $1.12 billion, indicating a 0.49% increase compared to the same quarter of the previous year. For the full year, analysts are expecting earnings of $17 per share and revenue of $4.36 billion, representing changes of -13.75% and -3.29%, respectively, from last year [2].

MHO is currently trading at a Forward P/E ratio of 6.98, which is below the industry average of 9.91, indicating a discount to the group. The stock's Zacks Rank of #3 (Hold) suggests a cautious outlook, but the Zacks Rank system has shown impressive performance, with #1 stocks generating an average annual return of +25% since 1988 [2].

References:
[1] https://stockinvest.us/stock/MHO
[2] https://www.nasdaq.com/articles/why-m-i-homes-mho-outpaced-stock-market-today