Wedbush Has Negative Estimate for M/I Homes Q3 Earnings

M/I Homes, Inc. (NYSE:MHO) – Stock analysts at Wedbush dropped their Q3 2025 EPS estimates for shares of M/I Homes in a note issued to investors on Thursday, July 24th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $4.56 per share for the quarter, down from their previous estimate of $4.95. The consensus estimate for M/I Homes’ current full-year earnings is $18.44 per share. Wedbush also issued estimates for M/I Homes’ Q4 2025 earnings at $4.79 EPS, FY2025 earnings at $17.75 EPS, Q1 2026 earnings at $3.58 EPS, Q2 2026 earnings at $4.89 EPS, Q3 2026 earnings at $5.06 EPS, Q4 2026 earnings at $5.42 EPS and FY2026 earnings at $18.94 EPS.

M/I Homes (NYSE:MHO) last posted its earnings results on Wednesday, July 23rd. The construction company reported $4.42 earnings per share for the quarter, missing the consensus estimate of $4.43 by ($0.01). M/I Homes had a net margin of 11.40% and a return on equity of 17.23%. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.12 billion. The business’s revenue for the quarter was up 4.8% on a year-over-year basis.

Several other equities research analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of M/I Homes from a “buy” rating to a “hold” rating in a research note on Friday, April 25th. Raymond James Financial dropped their price target on shares of M/I Homes from $168.00 to $140.00 and set a “strong-buy” rating on the stock in a research note on Tuesday, April 29th.

M/I Homes Stock Performance

M/I Homes stock opened at $122.28 on Monday. M/I Homes has a 12-month low of $100.22 and a 12-month high of $176.18. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 6.71 and a beta of 1.64. The company has a debt-to-equity ratio of 0.32, a current ratio of 7.21 and a quick ratio of 1.72. The firm’s fifty day moving average price is $112.39 and its 200 day moving average price is $115.27.

Institutional Investors Weigh In On M/I Homes

Several hedge funds and other institutional investors have recently modified their holdings of MHO. Fifth Third Bancorp increased its position in shares of M/I Homes by 38.3% in the 1st quarter. Fifth Third Bancorp now owns 379 shares of the construction company’s stock worth $43,000 after purchasing an additional 105 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of M/I Homes during the 4th quarter valued at about $50,000. Covestor Ltd grew its position in shares of M/I Homes by 134.8% during the 1st quarter. Covestor Ltd now owns 655 shares of the construction company’s stock valued at $75,000 after buying an additional 376 shares during the last quarter. GAMMA Investing LLC grew its position in shares of M/I Homes by 57.6% during the 1st quarter. GAMMA Investing LLC now owns 919 shares of the construction company’s stock valued at $105,000 after buying an additional 336 shares during the last quarter. Finally, National Bank of Canada FI grew its position in shares of M/I Homes by 72.4% during the 4th quarter. National Bank of Canada FI now owns 855 shares of the construction company’s stock valued at $114,000 after buying an additional 359 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

About M/I Homes

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.