M/I Homes (MHO) Earning Somewhat Favorable News Coverage, Report Shows

Press coverage about M/I Homes (NYSE:MHO) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. M/I Homes earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 45.7369544541613 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of M/I Homes (MHO) traded down 0.45% during trading on Tuesday, hitting $24.37. The stock had a trading volume of 25,685 shares. The stock has a market cap of $611.78 million, a P/E ratio of 11.53 and a beta of 1.07. M/I Homes has a one year low of $20.40 and a one year high of $29.42. The stock’s 50 day moving average price is $25.39 and its 200-day moving average price is $26.28.

M/I Homes (NYSE:MHO) last released its quarterly earnings data on Wednesday, July 26th. The construction company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.05. The business had revenue of $456.87 million during the quarter, compared to analysts’ expectations of $456.56 million. M/I Homes had a net margin of 3.57% and a return on equity of 12.99%. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.52 EPS. Analysts expect that M/I Homes will post $3.00 earnings per share for the current fiscal year.

A number of brokerages recently commented on MHO. BidaskClub downgraded shares of M/I Homes from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Zacks Investment Research downgraded shares of M/I Homes from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 28th. ValuEngine raised shares of M/I Homes from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Finally, JMP Securities raised shares of M/I Homes from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Monday, July 31st. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. M/I Homes has an average rating of “Buy” and a consensus price target of $30.33.

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About M/I Homes

M/I Homes, Inc is a builder of single-family homes. The Company consists of two operations: homebuilding and financial services. It operates through Midwest homebuilding, Southern homebuilding, Mid-Atlantic homebuilding and financial services operations segments. The Company and its subsidiaries are engaged primarily in the construction and sale of single-family residential homes in 15 markets: Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St.

Insider Buying and Selling by Quarter for M/I Homes (NYSE:MHO)

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