Last $22.01 USD
Change Today -0.33 / -1.48%
Volume 238.7K
MHO On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

m/i homes inc (MHO) Snapshot

Open
$22.27
Previous Close
$22.34
Day High
$22.42
Day Low
$21.60
52 Week High
05/20/13 - $27.88
52 Week Low
10/9/13 - $17.82
Market Cap
538.5M
Average Volume 10 Days
241.6K
EPS TTM
$5.18
Shares Outstanding
24.5M
EX-Date
07/31/08
P/E TM
4.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for M/I HOMES INC (MHO)

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m/i homes inc (MHO) Details

M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in the United States. The company operates through Midwest Homebuilding, Southern Homebuilding, Mid-Atlantic Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes, attached townhomes, and condominiums to first-time, move-up, empty-nester, and luxury buyers under M/I Homes brand name, as well as Triumph Homes name. The company also purchases undeveloped land to develop into finished lots for the construction of single-family homes, as well as for the sale to others. As of December 31, 2013, it had 3,041 developed lots and 1,656 lots under development in inventory, as well as owned raw land expected to be developed into approximately 5,402 lots. In addition, the company originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. M/I Homes, Inc. was founded in 1973 and is based in Columbus, Ohio.

827 Employees
Last Reported Date: 02/28/14
Founded in 1973

m/i homes inc (MHO) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $891.3K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $594.2K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $450.0K
Compensation as of Fiscal Year 2013.

m/i homes inc (MHO) Key Developments

M/I Homes, Inc. Proposes Amendment to Amended and Restated Articles of Incorporation

M/I Homes, Inc. will consider and vote upon a proposal to adopt 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 from 38,000,000 common shares to 58,000,000 common shares at AGM to be held on May 6, 2014.

M/I Homes, Inc. Announces Quarterly Cash Dividend on Preferred Shares, Payable on March 17, 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 1/1,000th of a Series A Preferred Share of M/I Homes, for the first quarter of 2014. The dividend is payable on March 17, 2014 to holders of record of the Depositary Shares on March 1, 2014.

M/I Homes, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2013

M/I Homes, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the fourth quarter of 2013, the company reported net income to commons shareholders of $13,043,000, or $0.48 per diluted share. This compares to net income of $5,015,000, or $0.23 per diluted share for the fourth quarter of 2012. Net income for the fourth quarter of 2013 includes $1,600,000 of pre-tax asset impairment charges and a $1,200,000 non-operating benefit from the reversal of a portion of the company’s state deferred tax asset valuation allowance. Total revenue was $336,307,000 against $250,911,000 a year ago. Operating income was $19,026,000 against $9,387,000 a year ago. Income before income taxes was $15,302,000 against $5,382,000 a year ago. Adjusted EBITDA was $26,537,000 against $18,215,000 a year ago. Cash used in operating activities was $33,538,000 against $30,674,000 a year ago. For the year ended December 31, 2013, the company reported net income to commons shareholders of $145,577,000 or $5.24 per diluted share, compared to $13,347,000, or $0.67 per diluted share for the year ended December 31, 2012. Total revenue was $1,036,782,000 against $761,905,000 a year ago. Operating income was $58,693,000 against $28,830,000 a year ago. Income before income taxes was $41,335,000 against $12,759,000 a year ago. Book value per common share as on December 31, 2013 was $18.18 against $10.86 as on December 31, 2012. Adjusted EBITDA was $89,204,000 against $55,966,000 a year ago. Cash used in operating activities was $73,974,000 against $46,995,000 a year ago. For the fourth quarter, the company reported pre-tax asset impairment charges of $1,568,000 against $1,626,000 a year ago.

 

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MHO:US $22.01 USD -0.33

MHO Competitors

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Company Last Change
AV Homes Inc $17.32 USD -0.02
Beazer Homes USA Inc $18.52 USD -0.47
Hovnanian Enterprises Inc $4.46 USD -0.02
TRI Pointe Homes Inc $15.88 USD -0.07
WCI Communities Inc $19.99 USD -0.08
View Industry Companies
 

Industry Analysis

MHO

Industry Average

Valuation MHO Industry Range
Price/Earnings 4.3x
Price/Sales 0.5x
Price/Book 1.2x
Price/Cash Flow 3.6x
TEV/Sales NM Not Meaningful
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