MHO News and Press, M/I Homes Inc. From 10/29/21

With earnings yields of 15% for Pulte Homes and 23% for M/I Homes, these stocks trade like 30-50% EPS declines are around the corner. Homebuilders are at risk to a decline in new home demand from slowing population growth, but I see a number of offsets. Homebuilders are also at ri...

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

Image source: The Motley Fool. M/I Homes, inc (NYSE: MHO) Q3 2021 Earnings Call Oct 27, 2021 , 4:00 p.m. ET Operator Continue reading For further details see: M/I Homes, inc (MHO) Q3 2021 Earnings Call Transcript

M/I Homes, Inc. (MHO) Q3 2021 Earnings Conference Call October 27, 2021 04:00 PM ET Company Participants Phillip Creek - EVP and CFO Robert Schottenstein - CEO and President Derek Klutch - President, Mortgage Company Ann Marie Hunker - VP, CAO, Controller Kevin Hake - Senior VP Conference Cal...

M/I Homes Reports Third Quarter Results and Announces Entry into Nashville Market PR Newswire COLUMBUS, Ohio , Oct. 27, 2021 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for the three and nine months ended September 30, 2021 . ...

Homebuilders - which emerged as unexpected leaders early in the pandemic - dipped into "bear market territory" in early October as supply chain headwinds, soaring home prices, and rising rates spooked investors. Record-low supply levels and robust single-family housing deman...

M/I Homes Announces Commencement of Exchange Offer for 3.95% Senior Notes due 2030 PR Newswire COLUMBUS, Ohio , Oct. 7, 2021 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) today announced that it has commenced a registered exchange offer to exchange any and al...

I analyze four housing sectors - realtors, homebuilders, mortgage bankers and private mortgage insurers. I compare them on three factors - supply, demand and valuation. The clear buys are homebuilders and private mortgage insurers, while the clear sells are realtors and mortgage b...

TMHC's capital allocation strategy is underperforming the sector with RoE, RoC, and ROIC substantially lower than its peers and the market. The company needs to move towards a lighter asset strategy, controlling land lots with options contracts instead of actual ownership, which will ...

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 t...