M/I Homes, Inc. (NYSE:MHO – Get Free Report) insider Susan E. Krohne sold 9,000 shares of the stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $122.00, for a total transaction of $1,098,000.00. Following the transaction, the insider now directly owns 3,609 shares of the company’s stock, valued at approximately $440,298. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
M/I Homes Stock Up 1.0 %
MHO stock traded up $1.15 during midday trading on Monday, hitting $121.22. The company’s stock had a trading volume of 231,267 shares, compared to its average volume of 273,172. The company has a quick ratio of 1.86, a current ratio of 6.51 and a debt-to-equity ratio of 0.35. M/I Homes, Inc. has a 52-week low of $65.42 and a 52-week high of $140.73. The firm has a market capitalization of $3.37 billion, a P/E ratio of 6.92 and a beta of 2.13. The firm has a 50-day simple moving average of $123.21 and a 200-day simple moving average of $116.54.
M/I Homes (NYSE:MHO – Get Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The construction company reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.96 by $0.82. M/I Homes had a net margin of 12.27% and a return on equity of 20.26%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. As a group, equities analysts forecast that M/I Homes, Inc. will post 18.18 EPS for the current year.
Institutional Investors Weigh In On M/I Homes
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Wedbush reaffirmed a “neutral” rating and set a $130.00 price objective (up previously from $116.00) on shares of M/I Homes in a research report on Wednesday, April 24th. StockNews.com raised shares of M/I Homes from a “buy” rating to a “strong-buy” rating in a research report on Friday.
Check Out Our Latest Research Report on M/I Homes
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.
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