M/I Homes Inc (MHO) Stock AnalysisMHOM/I Homes Inc

M/I Homes, Inc. is a homebuilder of single-family homes. The Company's operations include homebuilding and financial services. The Company's homebuilding operations include the Northern and Southern regions. It designs, markets, constructs and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, and luxury buyers. Its homebuilding operations are also engaged in the sale of land and lots. The Company primarily constructs homes in planned development communities and mixed-use communities. It has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Fort Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina, and Nashville, Tennessee. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. It operates in the Consumer Cyclicals sector (OPERATIVE BUILDERS industry).

M/I Homes Inc is not a good buy right now due to its current price of $124.48, which is significantly below its analyst price target of $170, but the recent RSI of 28.279 indicates oversold conditions. However, the company is facing negative sentiment with a 10.34% decline over the last 20 days and a concerning increase in insider selling activity by 1469.60%, which raises red flags about future performance.

3 analysts cover MHO: 3 rate it Buy, 0 Hold and 0 Sell. The average price target is 168.33.