M/I Homes: 3 Reasons To Continue To Fade The Rally [Seeking Alpha]
M/I Homes, Inc. (MHO)
Last m/i homes, inc. earnings: 4/29 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
mihomes.com/support/investors
Company Research
Source: Seeking Alpha
Despite a cheap P/E ratio, there are several reasons to believe the stock of this home builder will continue to succumb to additional profit taking. These include average mortgage rates north of seven percent, fading momentum and a noticeable recent uptick in insider selling. An analysis around M/I Homes follows in the paragraphs below. Looking for a helping hand in the market? Members of The Insiders Forum get exclusive ideas and guidance to navigate any climate. Learn More » Today, we put home builder M/I Homes, Inc. ( MHO in the spotlight. Despite average 30-Year mortgage rates still hovering near seven percent, more than double where they started 2022 at, the stock of the company has rallied just over 60% from its October lows. The shares are still cheap on a P/E basis compared to the overall market. However, there are several reasons to believe the big rise in the equity is done, and the stock could be vulnerable to some further profit taking in the months ahead. M/I H
Show less
Read more
Impact Snapshot
Event Time:
MHO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MHO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MHO alerts
High impacting M/I Homes, Inc. news events
Weekly update
A roundup of the hottest topics
MHO
News
- Should Value Investors Buy MI Homes (MHO) Stock? [Yahoo! Finance]Yahoo! Finance
- M/I Homes, Inc. (NYSE: MHO) was upgraded by analysts at Wedbush from a "neutral" rating to an "outperform" rating. They now have a $185.00 price target on the stock, up previously from $155.00.MarketBeat
- M/I Homes, Inc. (NYSE: MHO) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- M/I Homes Reports 2024 Third Quarter ResultsPR Newswire
- Should M/I Homes Stock be Part of Your Portfolio Ahead of Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
MHO
Earnings
- 10/30/24 - Beat
MHO
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 144
- 11/7/24 - Form 4
- MHO's page on the SEC website