# M/I Homes share price today (M/I Homes, Inc., MHO) > M/I Homes, Inc.'s share price has risen faster than its earnings: +2.9% in a year, against −25.2% for earnings per share. MHO · Consumer Discretionary · Residential Construction · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mho Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: $128.84 (+2.9% in a year) - P/E: 12.2× (higher than 95% of the last 4.6 years) - Revenue (Sep 2026): $1.1 B (−4.9% on a year ago) - Profit (Sep 2026): $66.6 M (−37.5% on a year ago) - Operating margin: 7.9% (−4.4 points on a year ago) - ROE: 13%, FY25 - ROIC: 8.3%, against a 10.0% cost of capital: −1.7 points The main question: the share price moved +2.9% in a year while yearly earnings per share moved −25.2%. The difference came from the market paying a higher multiple. ## What is the M/I Homes share price today? M/I Homes, Inc.'s share price was $128.84 at the close on 3 November 2026. It has been moving sideways for 6 weeks. That is 6.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $119 and $163, and at that close it sat 23% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 9 weeks running. Over the last 10 years the share price moved +552% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does M/I Homes pay? M/I Homes, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is M/I Homes on? M/I Homes is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is M/I Homes profitable? M/I Homes, Inc. earned $66.6 M of net profit in the Sep 2026 quarter, −37.5% on the same quarter a year earlier. Full-year FY25 profit was $403 M. Over 4 years profit has grown 0.4% a year on average. That is 6.2% of the quarter's revenue. The same quarter a year earlier earned $106 M. For the full year, FY25 profit was $403 M (−28.5% on the year before). Why profit moved: revenue changed −4.9% on a year earlier and the margin moved −4.4 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −40.8% and revenue −6.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does M/I Homes make, and is it growing? M/I Homes, Inc. reported $1.1 B of revenue in the Sep 2026 quarter, −4.9% on the same quarter a year earlier. Over 4 years it has grown 4.2% a year on average. The last full year, FY25, came in at $4.4 B. The last four reported quarters add to $4.2 B. FY25 revenue was $4.4 B, −1.9% on the year before. Recent pace: the last four quarters grew −6.0% on average, against 4.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −6.0%, against −0.8% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −41.3%, against −28.0% a year (rolling over). ## How much of every $100 of sales does M/I Homes keep? M/I Homes, Inc.'s operating margin was 7.9% in the Sep 2026 quarter, 4.4 percentage points lower than the same quarter a year ago. Across 5 years it has been between 12.3% and 15.4%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −4.4 percentage points on the year while gross margin changed −3.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is M/I Homes' profit turning into cash? Over the last 3 years, 61% of M/I Homes, Inc.'s reported profit came in as cash from its operations, so most of the profit is real cash. In FY25 it brought in $137 M of operating cash against $403 M of profit. After $9.6 M of spending on assets, $128 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does M/I Homes' cash go? M/I Homes, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $23.8 M on assets over the last 3 years. Averaged over those years that is 0.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $23.8 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is M/I Homes' P/E ratio, and how does it compare with its own history? M/I Homes, Inc.'s P/E is 12.2×, near the high end of its own history: higher than 95% of past readings. Its usual P/E (the middle reading) is 6.8×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −25.2% while the price moved +2.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +10.8% a year; about −15.2% a year came from earnings growth and about +26.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the M/I Homes business getting better or worse? M/I Homes, Inc.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −6.0% in the latest quarter, against +11.7% at its best in 12 quarters, with ROCE falling at 8.9%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does M/I Homes earn on its capital? M/I Homes, Inc. earned a ROE of 13% in FY25. Its return on capital used (ROIC) is 1.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 9.1% net margin and 0.92× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 9.1% net margin × 0.92× asset turnover × 1.51× leverage (assets divided by equity) ≈ 12.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 8.3% − 10.0% = −1.7 percentage points. The 10.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 12.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does M/I Homes have too much debt? M/I Homes, Inc. has total debt of $996 M against shareholder equity of $3.3 B as of Sep 2026, so its debt is 0.31× its equity. Year by year, that ratio went from 0.62 in FY21 to 0.33 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the M/I Homes shareholding pattern? 6.0% of M/I Homes, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 6.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is M/I Homes from balance-sheet trouble? For M/I Homes, Inc., the Z-score is 4.42. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.42 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does M/I Homes rank in its industry? 40.4 out of 100, rank 12 of 18 in Residential Construction, with 85% of the evidence available. M/I Homes, Inc. scores 40.4 out of 100 against the 18 companies it is compared with in Residential Construction, ranking 12. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 10 + 10.1 + 14.4 + 5.9 = 40.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is M/I Homes compared with? M/I Homes ranks 12 of 18 Residential Construction companies on the 4-Factor Sector Score, with 40.4 out of 100. 1. [Cavco Industries, Inc.](https://www.sectoralpha.in/us/stocks/cvco) CVCO · turning · Most evidence points up · 81% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 9.7% · Profit -4.3% · Operating margin change -1 points · 83% evidence Capital efficiency 17.3/25 · ROCE 19.5% · Operating margin 9.8% · 76% evidence Valuation 9.4/20 · P/E 26.3× · PEG 1.23 · 65% evidence Relative strength 19.4/20 · Lead over its industry 17.1% · Lead over S&P 500 9.8% · 1 year 12.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 23.8 + 17.3 + 9.4 + 19.4 = 69.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Legacy Housing Corporation](https://www.sectoralpha.in/us/stocks/legh) LEGH · turning · Most evidence points up · 81% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Revenue -3.3% · Profit -8.9% · Operating margin change 6.4 points · 83% evidence Capital efficiency 13.7/25 · ROCE 10.4% · Operating margin 39.9% · 76% evidence Valuation 10.7/20 · P/E 12.2× · PEG 1.42 · 65% evidence Relative strength 19.5/20 · Lead over its industry 29.7% · Lead over S&P 500 22.8% · 1 year 37.6% · 100% evidence · 9 of 12 weeks ahead Exact sum: 23 + 13.7 + 10.7 + 19.5 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Toll Brothers, Inc.](https://www.sectoralpha.in/us/stocks/tol) TOL · quiet · Evidence leans up · 85% evidence 64.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.8/35 · Revenue -1.1% · Profit -12.8% · Operating margin change -2.8 points · 95% evidence Capital efficiency 15.0/25 · ROCE 13.7% · Operating margin 14.6% · 76% evidence Valuation 15.1/20 · P/E 11.4× · PEG 0.73 · 65% evidence Relative strength 16.1/20 · Lead over its industry 5.7% · Lead over S&P 500 -0.8% · 1 year 11.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 17.8 + 15 + 15.1 + 16.1 = 64 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [PulteGroup, Inc.](https://www.sectoralpha.in/us/stocks/phm) PHM · basing · Evidence leans up · 85% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.0/35 · Revenue -9.3% · Profit -31.7% · Operating margin change -1.7 points · 95% evidence Capital efficiency 16.8/25 · ROCE 15.9% · Operating margin 16% · 76% evidence Valuation 15.3/20 · P/E 12.1× · PEG 0.52 · 65% evidence Relative strength 14.5/20 · Lead over its industry 3.7% · Lead over S&P 500 -2.8% · 1 year 5.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 11 + 16.8 + 15.3 + 14.5 = 57.6 · What this means: Relative strength against the index is -2.8%, and revenue and profit growth are weak. 5. [D.R. Horton, Inc.](https://www.sectoralpha.in/us/stocks/dhi) DHI · basing · Evidence leans up · 81% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue -3.5% · Profit -23% · Operating margin change -1.6 points · 83% evidence Capital efficiency 14.0/25 · ROCE 13.1% · Operating margin 13% · 76% evidence Valuation 9.0/20 · P/E 15.1× · PEG 1.6 · 65% evidence Relative strength 12.4/20 · Lead over its industry -0.7% · Lead over S&P 500 -6.8% · 1 year 0.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.7 + 14 + 9 + 12.4 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Champion Homes, Inc.](https://www.sectoralpha.in/us/stocks/sky) SKY · quiet · Evidence leans down · 81% evidence 49.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.6/35 · Revenue 4.5% · Profit -10.4% · Operating margin change -3.1 points · 83% evidence Capital efficiency 14.2/25 · ROCE 14.2% · Operating margin 8.5% · 76% evidence Valuation 4.4/20 · P/E 25.5× · PEG 2.76 · 65% evidence Relative strength 12.6/20 · Lead over its industry 5.2% · Lead over S&P 500 -1.5% · 1 year 4.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.6 + 14.2 + 4.4 + 12.6 = 49.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Green Brick Partners, Inc.](https://www.sectoralpha.in/us/stocks/grbk) GRBK · basing · Evidence leans down · 81% evidence 49.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue -6.3% · Profit -16.8% · Operating margin change -1.4 points · 83% evidence Capital efficiency 17.9/25 · ROCE 16.9% · Operating margin 19.5% · 76% evidence Valuation 12.5/20 · P/E 12× · PEG 1.09 · 65% evidence Relative strength 4.3/20 · Lead over its industry -8.9% · Lead over S&P 500 -14.6% · 1 year -1.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.1 + 17.9 + 12.5 + 4.3 = 49.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [NVR, Inc.](https://www.sectoralpha.in/us/stocks/nvr) NVR · basing · Evidence leans down · 85% evidence 47.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue -11% · Profit -27% · Operating margin change -3 points · 95% evidence Capital efficiency 19.8/25 · ROCE 29.3% · Operating margin 14.1% · 76% evidence Valuation 8.8/20 · P/E 15.7× · PEG 1.55 · 65% evidence Relative strength 9.5/20 · Lead over its industry -8.6% · Lead over S&P 500 -14.5% · 1 year -16.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 19.8 + 8.8 + 9.5 = 47.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Installed Building Products, Inc.](https://www.sectoralpha.in/us/stocks/ibp) IBP · basing · Evidence leans down · 81% evidence 46.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 0.3% · Profit 0.4% · Operating margin change -1.1 points · 83% evidence Capital efficiency 18.3/25 · ROCE 19.9% · Operating margin 12.3% · 76% evidence Valuation 3.9/20 · P/E 24.5× · PEG 4.01 · 65% evidence Relative strength 3.4/20 · Lead over its industry -14% · Lead over S&P 500 -19.9% · 1 year -17.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 20.5 + 18.3 + 3.9 + 3.4 = 46.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 10. [Lennar Corporation](https://www.sectoralpha.in/us/stocks/len) LEN · turning · Evidence leans down · 85% evidence 41.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.0/35 · Revenue -8% · Profit -51.3% · Operating margin change -2.3 points · 95% evidence Capital efficiency 8.9/25 · ROCE 5.9% · Operating margin 5.7% · 76% evidence Valuation 11.8/20 · P/E 15.6× · PEG 1.01 · 65% evidence Relative strength 9.2/20 · Lead over its industry -8.9% · Lead over S&P 500 -15.1% · 1 year -29.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12 + 8.9 + 11.8 + 9.2 = 41.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Meritage Homes Corporation](https://www.sectoralpha.in/us/stocks/mth) MTH · basing · Evidence leans down · 81% evidence 41.1 out of 100 Growth Capital Valuation Relative 12. M/I Homes, Inc. this page MHO · basing · Evidence leans down · 85% evidence 40.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.0/35 · Revenue -6% · Profit -41% · Operating margin change -4.4 points · 95% evidence Capital efficiency 10.1/25 · ROCE 8.8% · Operating margin 7.9% · 76% evidence Valuation 14.4/20 · P/E 12.3× · PEG 0.66 · 65% evidence Relative strength 5.9/20 · Lead over its industry -4.3% · Lead over S&P 500 -10.1% · 1 year 0.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 10 + 10.1 + 14.4 + 5.9 = 40.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 13. [KB Home](https://www.sectoralpha.in/us/stocks/kbh) KBH · basing · Most evidence points down · 85% evidence 32.0 out of 100 Growth Capital Valuation Relative 14. [Dream Finders Homes, Inc.](https://www.sectoralpha.in/us/stocks/dfh) DFH · basing · Most evidence points down · 81% evidence 30.7 out of 100 Growth Capital Valuation Relative 15. [LGI Homes, Inc.](https://www.sectoralpha.in/us/stocks/lgih) LGIH · basing · Most evidence points down · 81% evidence 27.5 out of 100 Growth Capital Valuation Relative 16. [Hovnanian Enterprises, Inc.](https://www.sectoralpha.in/us/stocks/hov) HOV · quiet · Most evidence points down · 85% evidence 27.2 out of 100 Growth Capital Valuation Relative 17. [Taylor Morrison Home Corporation](https://www.sectoralpha.in/us/stocks/tmhc) TMHC · Too little evidence to rank firmly · 46% evidence 51.8 out of 100 Growth Capital Valuation Relative 18. [Beazer Homes USA, Inc.](https://www.sectoralpha.in/us/stocks/bzh) BZH · Too little evidence to rank firmly · 44% evidence 31.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Residential Construction](https://www.sectoralpha.in/us/sectors/residential-construction), all 18 compared on one page. ## Which companies are close to M/I Homes in size? M/I Homes is the 11th largest of 18 Residential Construction companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Cavco Industries, Inc., Champion Homes, Inc. and Meritage Homes Corporation. Just below it: KB Home, Green Brick Partners, Inc. and LGI Homes, Inc. ### Residential Construction companies close in size 1. [Cavco Industries, Inc.](https://www.sectoralpha.in/us/stocks/cvco) $4.9 billion 2. [Champion Homes, Inc.](https://www.sectoralpha.in/us/stocks/sky) $4.7 billion 3. [Meritage Homes Corporation](https://www.sectoralpha.in/us/stocks/mth) $4.3 billion 4. M/I Homes, Inc. $3.2 billion 5. [KB Home](https://www.sectoralpha.in/us/stocks/kbh) $3 billion 6. [Green Brick Partners, Inc.](https://www.sectoralpha.in/us/stocks/grbk) $2.6 billion 7. [LGI Homes, Inc.](https://www.sectoralpha.in/us/stocks/lgih) $1 billion [All 18 Residential Construction companies, largest first](https://www.sectoralpha.in/us/sectors/residential-construction#all-companies) ### Companies close in size in other industries 1. [Golub Capital BDC, Inc.](https://www.sectoralpha.in/us/stocks/gbdc) $3.3 billion · Asset Management 2. [Freshpet, Inc.](https://www.sectoralpha.in/us/stocks/frpt) $3.3 billion · Packaged Foods 3. M/I Homes, Inc. $3.3 billion 4. [Shift4 Payments, Inc.](https://www.sectoralpha.in/us/stocks/four) $3.3 billion · Software - Infrastructure 5. [The Vita Coco Company, Inc.](https://www.sectoralpha.in/us/stocks/coco) $3.3 billion · Beverages - Non-Alcoholic ## What else do people ask about M/I Homes? ### What were M/I Homes's latest quarterly results? M/I Homes, Inc. reported revenue of $1.1 B and net profit of $66.6 M for the Sep 2026 quarter. Revenue fell 4.9% and profit fell 37.5% compared with a year earlier. Earnings per share were $2.56. The operating margin was 7.9%, 4.4 percentage points lower than a year earlier (as of 3 November 2026). ### What is M/I Homes's market cap? M/I Homes, Inc.'s market capitalisation is $3.2 B at a stock price of $128.84. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is M/I Homes performing? M/I Homes, Inc.'s share price has been moving sideways for 6 weeks. In its latest quarter, revenue fell 4.9% and profit fell 37.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 9 weeks running (as of 3 November 2026). ### Will M/I Homes's stock price go up? This page does not forecast M/I Homes, Inc.'s stock price. What it shows instead: the stock price is $128.84, and it has been moving sideways for 6 weeks. Its P/E of 12.2× is higher than 95% of its own last 5 years (as of 3 November 2026). ### Where is M/I Homes in its business cycle? M/I Homes, Inc.'s FY25 operating margin was 12.3%, against a 5-year range of 12.3% to 15.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 7.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the M/I Homes story? The main question: the share price moved +2.9% in a year while yearly earnings per share moved −25.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is M/I Homes a stock worth studying right now? What the numbers show: M/I Homes, Inc.'s share price has risen faster than its earnings: +2.9% in a year, against −25.2% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.