Guggenheim Upgrades M/I Homes to Buy (MHO)

By admin | 6 years ago

M/I Homes (NYSE: MHO) was upgraded by analysts at Guggenheim from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday.

M/I Homes traded up 4.20% on Monday, hitting $15.13. M/I Homes has a 52-week low of $5.08 and a 52-week high of $15.09. The company’s market cap is $284.7 million.

M/I Homes last posted its quarterly earnings results on Thursday, April 26th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.23. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. Analysts expect that M/I Homes will post $0.01 EPS next quarter.

M/I Homes, Inc. is a builder of single-family homes. During the year ended December 31, 2009, it delivered 2,409 homes.

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