M/ I Homes stock heads toward its October 21 earnings

Published on 10/07/2026 at 01:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 9 percent to USD 1.1 billion, while diluted EPS dropped to USD 3.02 from USD 4.42. Seven analysts set a Moderate Buy consensus.

MHO, US55305B1017, Illustration mit AI erstellt.

M/I Homes stock was last at USD 133.29 on the NYSE on October 6, 2026, up 0.98 percent from the prior close. The next company checkpoint is third-quarter earnings before the market opens on October 21, 2026, with a webcast scheduled for 10:30 a.m. ET, according to ScanX News.

Second quarter shows the split

M/I Homes sold a second-quarter record 2,387 homes, 15 percent more than a year earlier, according to the company's July 29, 2026 earnings-call transcript published by Yahoo Finance. The operating result was less favorable: second-quarter revenue fell 9 percent year over year to USD 1.1 billion, while diluted EPS declined to USD 3.02 from USD 4.42.

The same transcript reported a 22 percent gross margin, including USD 4 million of inventory charges, and USD 120 million of EBITDA versus USD 169 million in the prior-year quarter. For investors, the key tension is clear: orders improved, but deliveries and profitability remained under pressure.

Consensus stays above the stock

According to MarketBeat, seven analysts hold a Moderate Buy consensus and an average price target of USD 164.25. That target lies 23.2 percent above the USD 133.29 NYSE price on October 6, 2026.

The rating picture is mixed. MarketBeat reported that Zacks Research cut its view from Hold to Strong Sell on September 11, 2026, while New Street Research had set a USD 172.00 target on August 4, 2026. The contrast reflects the market's debate over weaker earnings revisions and the company's continuing order growth.

October results set the next test

Zacks said on October 6, 2026, that its consensus forecast called for third-quarter EPS of USD 3.05, down 26.33 percent year over year, and revenue of USD 1.09 billion, down 3.31 percent, according to Zacks. The forecast makes October 21 the clearest near-term test for whether stronger contracts can offset lower deliveries and margin pressure.

Stock remains below its yearly high

M/I Homes stock was last at USD 133.29 on the NYSE on October 6, 2026 at 4:00 p.m. ET. Its 52-week range was USD 116.78 to USD 163.66, while market capitalization stood at USD 3.4 billion.