Contrasting M/I Homes (MHO) and Its Competitors

M/I Homes (NYSE:MHO) is one of 150 public companies in the “Household Durables” industry, but how does it compare to its competitors? We will compare M/I Homes to related businesses based on the strength of its dividends, institutional ownership, risk, earnings, analyst recommendations, profitability and valuation.

Profitability

This table compares M/I Homes and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
M/I Homes	6.59%	10.12%	6.74%
M/I Homes Competitors	-2.55%	-17.06%	1.25%

Analyst Recommendations

This is a summary of recent ratings and price targets for M/I Homes and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
M/I Homes	1	2	3	1	2.57
M/I Homes Competitors	1815	7446	8167	316	2.39

M/I Homes currently has a consensus price target of $164.40, indicating a potential upside of 24.92%. As a group, “Household Durables” companies have a potential upside of 39.39%. Given M/I Homes’ competitors higher probable upside, analysts clearly believe M/I Homes has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

95.1% of M/I Homes shares are owned by institutional investors. Comparatively, 53.6% of shares of all “Household Durables” companies are owned by institutional investors. 3.6% of M/I Homes shares are owned by insiders. Comparatively, 18.1% of shares of all “Household Durables” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk & Volatility

M/I Homes has a beta of 1.67, meaning that its stock price is 67% more volatile than the S&P 500. Comparatively, M/I Homes’ competitors have a beta of 1.77, meaning that their average stock price is 77% more volatile than the S&P 500.

Earnings and Valuation

This table compares M/I Homes and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
M/I Homes	$4.42 billion	$402.94 million	12.51
M/I Homes Competitors	$5.33 billion	$313.99 million	9.23

M/I Homes’ competitors have higher revenue, but lower earnings than M/I Homes. M/I Homes is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

M/I Homes beats its competitors on 8 of the 13 factors compared.

M/I Homes Company Profile

M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, the company originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.