M/I Homes

MHO · NYSE

$124.06+$2.04 (+1.67%)TodayMarket closed · Oct 20, 7:54 PM ET

Prev close $122.02

MHO analyst rating

BuyConsensus of 5 analysts over the last 12 months. 60% rate it a buy.

Strong buy1
Buy2
Hold2
Underperform0
Sell0

12-month price target · 4 analysts

Average $174.08 (+40.3% upside)

Low: $166.65
Now: $124.06
High: $183.75

Upgrades and downgrades

The latest rating actions, newest first

MHO analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Zelman & Assoc	Jul 7, 2026	Downgrade	Outperform → Neutral	—	29%
Freedom Broker	Jun 24, 2026	Initiates	Buy	$170.00	43%
Seaport Global	Apr 7, 2026	Downgrade	Buy → Neutral	—	62%
Citizens	Jan 7, 2026	Initiates	Market Outperform	$165.00	27%
Raymond James	Oct 24, 2025	Maintains	Strong Buy	$150.00 → $155.00	56%

The case for and against

Updated Oct 19, 2025

Bull case

M/I Homes Inc operates in a robust housing market, targeting diverse buyer segments, which positions the company for increased revenue growth amidst rising housing demand. The company's dual operations in homebuilding and financial services provide a synergistic advantage, allowing it to support homebuyers with integrated mortgage and title services. While potential material shortages may pose challenges, the overall demand trajectory for housing suggests a favorable environment for M/I Homes to capitalize on market opportunities.

Bear case

M/I Homes Inc. faces several significant risks that contribute to a negative outlook on its stock. Firstly, the company's reliance on general contractors rather than in-house construction teams makes it vulnerable to labor shortages, which could lead to increased construction costs and delays. Secondly, maintaining a limited supply of finished unsold inventory heightens the risk of forced discounting if sales pace declines, potentially adversely affecting profitability if customer demand or pricing changes in the industry.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.