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Upturn AI Summary - About
M/I Homes Inc(MHO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MHO
11/04/2026: MHO (2-star) is currently NOT-A-BUY. Pass it for now.
M/I Homes Inc is a residential builder that operates as a stock tied closely to the cyclical US housing market. The company is known for its solid balance sheet and a diversified portfolio ranging from entry-level to luxury move-up homes, which helps balance revenue sources. Its primary investment story rests on expanding its presence in growing regional markets while maintaining operational efficiency. However, the company faces significant risks from interest rate volatility, construction cost inflation, and competition from large national builders. It remains best suited for investors comfortable with sector cyclicity, as the stock does not pay dividends and carries moderate sensitivity to macroeconomic factors.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company offers growth through geographic expansion and increased housing demand, making it an attractive play on the US residential sector. |
| Momentum investor | Mixed fit | Momentum depends on positive housing market sentiment and broader economic upturns, requiring a watch for buy signals. |
| Value investor | Strong fit | M/I Homes often trades at moderate valuation multiples relative to earnings, appealing to value-conscious investors. |
| Dividend investor | Weak fit | The company does not pay a regular cash dividend, prioritizing capital allocation toward growth and share repurchases. |
| Low-risk investor | Mixed fit | Homebuilders are inherently cyclical and prone to volatility, which may not align with low-risk investment mandates. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Homebuilder stocks react strongly to macroeconomic news, specifically interest rate and inflation data. |
| Valuation risk | Medium | Cyclical peaks can lead to compressed multiples if investors anticipate a downturn in the housing market. |
| Competition risk (National homebuilder scale) | Medium / high | Larger competitors with more capital and scale can outbid for land or offer more aggressive incentives. |
| Business quality | Medium | Quality is solid, but the business is highly operational-intensive and tied to external economic factors. |
| Dividend income | Low / none | The absence of a dividend means investors rely entirely on capital appreciation for returns. |
| Execution risk | Medium | Success depends on accurately timing land development and managing supply chain costs in a fluctuating environment. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 40.87% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/04/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.49B USD | Price to earnings Ratio 13.06 | 1Y Target Price 156.67 |
Price to earnings Ratio 13.06 | 1Y Target Price 156.67 | ||
Volume (30-day avg) 322.3K shares | Beta 1.67 | 52 Weeks Range 113.40 - 163.66 | Updated Date 11/04/2026 |
52 Weeks Range 113.40 - 163.66 | Updated Date 11/04/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 10.56 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Homebuilding | Construction and sale of single-family homes and townhomes. | The company generates the vast majority of its revenue by selling newly constructed homes to buyers. |
| Financial Services | Mortgage, title, and insurance services for homebuyers. | This segment provides an additional revenue stream and helps close more home sales by offering internal financing. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-21 | When Before Market | Estimate 3.05 | Actual 2.7 |
Profitability
Profit Margin 6.59% | Operating Margin (TTM) 7.94% |
Management Effectiveness
Return on Assets (TTM) 4.97% | Return on Equity (TTM) 8.67% |
Valuation
Trailing PE 13.06 | Forward PE 10.73 | Enterprise Value 3.62B | Price to Sales(TTM) 0.83 |
Enterprise Value 3.62B | Price to Sales(TTM) 0.83 | ||
Enterprise Value to Revenue 0.86 | Enterprise Value to EBITDA 8.8 | Shares Outstanding 25.28M | Shares Floating 24.47M |
Shares Outstanding 25.28M | Shares Floating 24.47M | ||
Percent Insiders 2.21 | Percent Institutions 102.49 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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