M/I Homes (MHO) Set to Announce Earnings on Tuesday

M/I Homes (NYSE:MHO) will announce its earnings results before the market opens on Tuesday, July 30th. Analysts expect the company to announce earnings of $4.79 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

M/I Homes Price Performance

Shares of MHO opened at $165.54 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.99 and a current ratio of 6.91. M/I Homes has a fifty-two week low of $74.79 and a fifty-two week high of $167.87. The firm has a 50-day simple moving average of $128.82 and a 200-day simple moving average of $126.08. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of 9.52 and a beta of 2.23.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. StockNews.com raised M/I Homes from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 26th. Raymond James started coverage on M/I Homes in a report on Wednesday, July 24th. They set a “strong-buy” rating and a $200.00 price target for the company. Finally, Wedbush reissued a “neutral” rating and issued a $130.00 price objective (up from $116.00) on shares of M/I Homes in a research note on Wednesday, April 24th.

M/I Homes Company Profile

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.