Last $20.58 USD
Change Today -0.20 / -0.96%
Volume 336.4K
As of 8:04 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

m/i homes inc (MHO) Key Developments

M/I Homes, Inc. Announces Effective Tax Rate Guidance for Full Year of 2014

M/I Homes, Inc. announced guidance for full year of 2014. The company expects effective tax rate for the remainder of 2014 to approximate 39%.

M/I Homes, Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

M/I Homes, Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total homebuilding revenue of $275,138,000 compared to $227,301,000 a year ago. Total revenue was $281,608,000 compared to $234,553,000 a year ago. Operating income was $18,055,000 compared to $11,792,000 a year ago. Income before income taxes was $15,303,000 compared to $7,395,000 a year ago. Net income to common shareholders was $12,335,000 or $0.44 per diluted share compared to $6,045,000 or $0.25 per diluted share a year ago. Adjusted EBITDA was $25,601,000 compared to $19,379,000 a year ago. Cash flow used in operating activities was $64,566,000 compared to $33,736,000 a year ago. For the six months, the company reported total homebuilding revenue of $502,114,000 compared to $409,618,000 a year ago. Total revenue was $516,449,000 compared to $425,280,000 a year ago. Operating income was $34,648,000 compared to $21,018,000 a year ago. Income before income taxes was $27,788,000 compared to $12,281,000 a year ago. Net income to common shareholders was $23,748,000 or $0.85 per diluted share compared to $8,442,000 or $0.36 per diluted share a year ago. Book value per common share was $19.21 compared to $12.50 a year ago. Adjusted EBITDA was $47,777,000 compared to $35,405,000 a year ago. Cash flow used in operating activities was $66,669,000 compared to $25,178,000 a year ago.

M/I Homes, Inc., Q2 2014 Earnings Call, Jul 24, 2014

M/I Homes, Inc., Q2 2014 Earnings Call, Jul 24, 2014

M/I Homes, Inc. Approves Amendments to Amended and Restated Articles of Incorporation

On May 6, 2014, at the 2014 annual meeting of shareholders of M/I Homes, Inc. the shareholders of the company approved an amendment to the company's amended and restated articles of incorporation to increase the number of common shares that the company is authorized to issue.

M/I Homes, Inc. Declares Quarterly Cash Dividend on Preferred Shares, Payable on June 16, 2014

M/I Homes, Inc. announced that its Board of Directors has declared a cash dividend of $0.609375 per share on its outstanding depositary shares, each representing 1/1,000(th) of a Series A Preferred Share of M/I Homes, for the second quarter of 2014. The dividend is payable on June 16, 2014 to holders of record of the Depositary Shares on June 1, 2014.

 

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MHO Competitors

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Company Last Change
AV Homes Inc $15.59 USD +0.26
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Hovnanian Enterprises Inc $4.00 USD -0.13
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William Lyon Homes $24.62 USD -0.79
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MHO

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Valuation MHO Industry Range
Price/Earnings 4.1x
Price/Sales 0.5x
Price/Book 1.1x
Price/Cash Flow 3.1x
TEV/Sales NM Not Meaningful
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