M/I Homes Inc

M/I Homes closed the most recent trading day at $132.00, down 2.05% from the previous session, trailing the S&P 500's 0.66% gain. The homebuilder's shares have depreciated 9.11% over the past month, underperforming the Construction sector's 2.15% loss and the S&P 500's 0.55% gain. M/I Homes is expected to report earnings on October 21, 2026, with a projected $3.05 per share, a year-over-year decline of 26.33%, on revenue of $1.09 billion, down 3.31% from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $12 per share and revenue of $4.18 billion, representing changes of -18.59% and -5.37% respectively from the prior year. The consensus EPS projection has moved 3.96% lower within the past 30 days, and M/I Homes currently holds a Zacks Rank of #5 (Strong Sell), with a Forward P/E ratio of 11.23 versus its industry average of 12.72.

M/I Homes ended its latest session at $142.33, up 1.22% while the S&P 500 fell 0.45%, but the homebuilder's stock is down 7% over the past month, a steeper drop than the Construction sector's 10.71% decline and worse than the S&P 500's 1.99% loss. The company is slated to report earnings on October 21, 2026, with analysts anticipating EPS of $3.05, a 26.33% fall from the same quarter a year earlier, and revenue of $1.09 billion, down 3.31%. For the full year, the Zacks Consensus Estimates project earnings of $12 per share and revenue of $4.18 billion, representing declines of 18.59% and 5.37% respectively from the prior year. Over the past month the Zacks Consensus EPS estimate has fallen 3.96%, and M/I Homes currently carries a Zacks Rank of #4 (Sell). The stock trades at a Forward P/E of 11.72 versus an industry average of 13.14, and the Building Products - Home Builders industry holds a Zacks Industry Rank of 181, placing it in the bottom 27% of more than 250 industries.

M/I Homes Inc. reported a decline in second-quarter profit, with earnings falling to $79.06 million, or $3.02 per share, from $121.24 million, or $4.42 per share, in the same period last year. Adjusted earnings, which exclude certain items, came in at $82.24 million, or $3.14 per share. Revenue for the quarter decreased 8.5% to $1.063 billion from $1.162 billion a year earlier.