How to Buy M/I Homes Stock
M/I Homes Inc
M/I Homes is a construction company located in Ohio, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MHO on the NYSE exchange.
M/I Homes stock last closed at $122.42, up 2.47% from the previous day, and has increased 86.5% in one year. It has overperformed other stocks in the Residential Construction industry by 0.54 percentage points. M/I Homes stock is currently +93.12% from its 52-week low of $63.39, and -13.01% from its 52-week high of $140.73.
At the moment, there are 27.81M shares of MHO outstanding. The market value of MHO is $3.40B. In the last 24 hours, 452,638 MHO shares were traded.
How to Buy M/I Homes Stock
Wondering how to invest in M/I Homes stock? Here's how.
- Decide where to buy M/I Homes stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy M/I Homes stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your information.
- Analyze M/I Homes stock: The M/I Homes ticker symbol is MHO. Is M/I Homes stock a good investment? Should you buy shares of MHO? How do MHO's underlying business fundamentals look? Do top analysts think M/I Homes is a good buy? Why has MHO's stock price moved recently? (Hint: Our stock analysis website can help you decide if MHO is a good stock to buy).
- Make your MHO trade: Decide if you will purchase MHO shares at the current market price or use a limit order to buy MHO stock at a given price.
- Watch your MHO position: Create a watchlist to keep track of your new investment in M/I Homes shares.
Step 1: Decide where to buy M/I Homes stock
You need an online brokerage account in order to access the NYSE market and buy MHO shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can invest in MHO today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on our top ranked stock trading app, you can securely and quickly fund your account:
Watch the video below to see the process of transferring funds into your new brokerage account.
Step 4: Analyze M/I Homes stock
After you have chosen the best place to buy M/I Homes stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk and opportunity.
M/I Homes Numbers
Fundamentals of M/I Homes
WallStreetZen was designed to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on MHO's stock page.
Is MHO stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge MHO's true value.
Using relative valuations metrics:
- MHO could be undervalued based on its P/E ratio of 7.3x, relative to Residential Construction industry P/E ratio of 11.4x
- MHO could be undervalued based on its P/B ratio of 1.35x, relative to Residential Construction industry P/B ratio of 1.95x
- MHO could be overvalued based on its PEG ratio of 1.27x
You can access more valuation analysis on MHO's stock here.
MHO Financial Health Summary
Pros:
- Total MHO debt is lower than 5 years ago, relative to shareholder equity.
- MHO's operating cash flow of $552.13M allows it to safely service it's debt of $917.15M.
- MHO earnings of $587.26M is not sufficient to cover its interest payments.
Cons:
- MHO profit margin has gone down from 11.9% to 11.5% in the past year.
- MHO has a relatively high debt to equity ratio of 0.6.
Is MHO stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who track MHO, the consensus analyst rating on MHO is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the M/I Homes stock forecast page.
MHO Technical Indicators
Is MHO Making Money?
Last year, MHO earnings were $465.37M. Over the last five year, MHO's earnings have increased by 34.48% per year. This was faster than the Residential Construction industry average of 23.54%.
Last year, MHO revenue was $4.03B. In the last 5 year, MHO's revenue has increased by 12.02% per year. This was slower than the Residential Construction industry average of 12.03%.
You can analyze MHO's earnings and revenue performance here.
What are MHO insiders up to?
In the past year, executives and large shareholders at MHO have sold more shares than they have bought.
Ann Marie Hunker, Principal Accounting Officer of MHO, was the latest MHO insider to sell. They sold $13,003.00 worth of MHO stock on Mar 7, 2024.
Research more about who owns MHO shares here.
Does MHO stock generate passive income?
No, M/I Homes doesn't provide an income stream by paying out dividends.
What do other traders have to say about MHO?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your MHO trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you want more help with investing in stocks on eToro, watch the how to video below:
Step 6: Watch your MHO position
Now that you own some shares in MHO, you'll want to keep up with your stock purchase.
Put MHO on a watchlist to track the latest developments regarding your MHO stock.
MHO Feed
How to Buy Stock in M/I Homes
To reiterate, here are the 6 steps you need to take to buy M/I Homes stock right now:
- Decide where to buy M/I Homes stock
- Create your brokerage account
- Fund your brokerage account
- Analyze M/I Homes stock
- Make your MHO trade
- Watch your MHO position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in M/I Homes, click below.
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