M/I Homes Inc has a consensus price target of $197.5 based on the ratings of 3 analysts. The high is $210 issued by Raymond James on August 2, 2024. The low is $185 issued by Wedbush on November 4, 2024. The 3 most-recent analyst ratings were released by Wedbush, Raymond James, and Raymond James on November 4, 2024, August 2, 2024, and July 24, 2024, respectively. With an average price target of $198.33 between Wedbush, Raymond James, and Raymond James, there's an implied 28.29% upside for M/I Homes Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for M/I Homes (NYSE:MHO) was reported by Wedbush on November 4, 2024. The analyst firm set a price target for $185.00 expecting MHO to rise to within 12 months (a possible 18.45% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for M/I Homes (NYSE:MHO) was provided by Wedbush, and M/I Homes upgraded their outperform rating.
The last upgrade for M/I Homes Inc happened on November 4, 2024 when Wedbush raised their price target to $185. Wedbush previously had a neutral for M/I Homes Inc.
The last downgrade for M/I Homes Inc happened on December 18, 2023 when Wedbush changed their price target from N/A to $116 for M/I Homes Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of M/I Homes, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for M/I Homes was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest M/I Homes (MHO) rating was a upgraded with a price target of $0.00 to $185.00. The current price M/I Homes (MHO) is trading at is $156.19, which is within the analyst’s predicted range.
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