MHO

PulteGroup, M/I Homes and Century have been highlighted in this Industry Outlook article.

Although affordability challenges and land/labor costs pose risks, better operating leverage and marketing strategies are likely to drive homebuilders like PHM, MHO and CCS.

COLUMBUS, Ohio, Aug. 12, 2026 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) today announced that its Board of Directors approved a share repurchase authorization, pursuant to which the Company may purchase up to $250 million of its common shares.  The $250 million authorization replaces the Company's prior authorization.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

M/I Homes NYSE: MHO reported record second-quarter new contracts as demand increased despite higher mortgage rates, economic uncertainty and what management described as a choppy housing market. The homebuilder sold 2,387 homes during the quarter, a 15% increase from a year earlier, while first-half sales rose 8% to 4,737 homes.

M/I Homes (MHO) came out with quarterly earnings of $3.14 per share, missing the Zacks Consensus Estimate of $3.17 per share. This compares to earnings of $4.42 per share a year ago.

COLUMBUS, Ohio, July 29, 2026 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for the three and six months ended June 30, 2026. 2026 Second Quarter Results: New contracts increased 15% to 2,387, a second quarter record Homes delivered decreased 6% to 2,206 Revenue declined 9% to $1.1 billion Gross margin of 22% Pre-tax income of $105 million, including inventory charges of $4 million, 10% of revenue, down 35% Net income of $79 million ($3.02 per diluted share) versus $121 million ($4.42 per diluted share) Shareholders' equity reached a record $3.2 billion, with book value per share increasing to a record $128 Repurchased $50 million of common stock Return on equity of 10% Homebuilding debt to capital ratio of 18% The Company reported pre-tax income of $104.6 million and net income of $79.1 million ($3.02 per diluted share).

M/I Homes (MHO) reached $146.66 at the closing of the latest trading day, reflecting a -1.92% change compared to its last close.

M/I Homes (MHO) closed at $148.11 in the latest trading session, marking a +1.4% move from the prior day.

M/I Homes (MHO) closed at $152.37 in the latest trading session, marking a -2.85% move from the prior day.