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MHO - M/I Homes: Another Super-Cheap Homebuilder Could Double From Here
September, 02 2021 10:52 PM
M/I Homes Inc.
Demand for new housing should be strong for the foreseeable future, and competition is rational. M/I has a solid EPS outlook. I see $20 a share by 2025. M/I has transitioned from meager to abundant free cash flow. Lots of buybacks ahead. My valuation is silly-low. A 5 P/E on this year's earnings, and 3x my '25 forecast. For further details see:
M/I Homes: Another Super-Cheap Homebuilder, Could Double From Here
Stock Information
Company Name:
M/I Homes Inc.
Stock Symbol:
MHO
Market:
NYSE
Website:
mihomes.com
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