M/ I Homes stock falls 1.67 percent as estimates weaken

Published on 10/05/2026 at 21:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

M/I Homes stock carries a Moderate Buy consensus from seven analysts and an average USD 164.25 target. Second-quarter revenue fell 9 percent to USD 1.1 billion.

MHO, US55305B1017, Illustration mit AI erstellt.

M/I Homes (ISIN US55305B1017) stock was trading at USD 132.51 on the NYSE at 3:45 p.m. ET on October 5, 2026, down 1.67 percent from the prior close. The move comes as Zacks assigned the homebuilder a Rank #5 Strong Sell on September 29, citing weaker earnings revisions.

Second-quarter earnings weaken

M/I Homes generated USD 1.1 billion of revenue in Q2 2026, down 9 percent from the prior-year quarter, according to Yahoo Finance. Diluted EPS fell to USD 3.02 from USD 4.42, while quarterly pre-tax income declined 35 percent to USD 105 million.

The operating picture was mixed. M/I Homes sold 2,387 homes in Q2 2026, 15 percent more than in the prior-year quarter, but EBITDA declined to USD 120 million from USD 169 million, according to the same earnings-call transcript from Yahoo Finance. Home sales therefore improved while profitability contracted.

Analysts retain a Moderate Buy

MarketBeat reported on September 16, 2026, that seven analysts carried a Moderate Buy consensus. The average price target was USD 164.25, with targets ranging from USD 155.00 to USD 172.00.

At USD 132.51, the average target lies 23.95 percent above the October 5 price. The consensus contrasts with the more cautious revision trend: Zacks said adjusted Q3 earnings expectations fell 13 percent after the Q2 report, while the fiscal 2026 estimate declined 5 percent.

Next report arrives October 21

M/I Homes is scheduled to report Q3 2026 results before the market opens on October 21, 2026, followed by a webcast at 10:30 a.m. ET, according to Yahoo Finance. Market expectations call for Q3 EPS of USD 3.25 and revenue of USD 1.11 billion, making the October release a test of whether higher unit sales can offset margin pressure.

Stock trades below its yearly high

M/I Homes stock was trading at USD 132.51 on the NYSE on October 5, 2026, with a 52-week range of USD 116.78 to USD 163.66. The company had a market capitalization of USD 3.4 billion and volume of 98,865 shares at the quoted time.