Norman Traeger - MI Homes Independent Director

MHO Stock  USD 116.22  5.00  4.12%   

Director

Mr. Norman L. Traeger is Independent Director of M I Homes Inc. He is Founded United Skates of America, a chain of family fun centers, in 1971 and The Discovery Group, a VC firm, in 1983. Mr. Traeger currently owns and manages industrial, commercial and office real estate. Mr. Traeger currently serves as a director of The Discovery Group since 1997.
Age 80
Tenure 27 years
Address 4131 Worth Avenue, Columbus, OH, United States, 43219-6011
Phone614 418 8000
Webhttps://www.mihomes.com
Traeger’s diverse background as a business owner and operator, VCist and real estate developer provides the Board with significant experience in sales, marketing, strategic planning and capital formation, as well as entrepreneurial and operational expertise.

MI Homes Management Efficiency

The company has Return on Asset of 0.0964 % which means that on every $100 spent on assets, it made $0.0964 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2075 %, implying that it generated $0.2075 on every 100 dollars invested. MI Homes' management efficiency ratios could be used to measure how well MI Homes manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MI Homes' Return On Tangible Assets are very stable compared to the past year. As of the 1st of May 2024, Return On Assets is likely to grow to 0.12, while Return On Capital Employed is likely to drop 0.13. At this time, MI Homes' Debt To Assets are very stable compared to the past year. As of the 1st of May 2024, Fixed Asset Turnover is likely to grow to 80.39, while Non Currrent Assets Other are likely to drop about 56.8 M.
The company has 936.49 M in debt with debt to equity (D/E) ratio of 0.48, which is OK given its current industry classification. MI Homes has a current ratio of 6.6, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist MI Homes until it has trouble settling it off, either with new capital or with free cash flow. So, MI Homes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MI Homes sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MHO to invest in growth at high rates of return. When we think about MI Homes' use of debt, we should always consider it together with cash and equity.

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MI Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. MI Homes, Inc. was founded in 1976 and is based in Columbus, Ohio. MI Homes operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1657 people. MI Homes (MHO) is traded on New York Stock Exchange in USA. It is located in 4131 Worth Avenue, Columbus, OH, United States, 43219-6011 and employs 1,607 people. MI Homes is listed under Household Durables category by Fama And French industry classification.

Management Performance

MI Homes Leadership Team

Elected by the shareholders, the MI Homes' board of directors comprises two types of representatives: MI Homes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MHO. The board's role is to monitor MI Homes' management team and ensure that shareholders' interests are well served. MI Homes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MI Homes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Norman Traeger, Independent Director
Ann Hunker, Chief VP
Kevin Hake, Senior Development
Kumi Walker, Independent Director
Derek Klutch, President Financial
Friedrich Bohm, Lead Independent Director
Elizabeth Ingram, Independent Director
Sharen Turney, Independent Director
William Carter, Independent Director
Phillip Creek, CFO, Executive VP, Director and Member of Executive Committee
Fred Sikorski, Sarasota, Columbus
Thomas Mason, Chief Legal Officer, Executive VP, Secretary and Director
Thomas Jacobs, Austin and President
Susan Krohne, Senior Vice President Chief Legal Officer and Secretary
Mark Kirkendall, VP Treasurer
Michael Glimcher, Independent Director
Robert Schottenstein, Chairman, CEO and President Assistant Secretary and Chairman of Executive Committee
Kevin Brown, Area President
J Mason, Executive Vice President Secretary, Chief Legal Officer, Director
Nancy Kramer, Independent Director
Joe Fontana, Pres Division

MHO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MI Homes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running MI Homes' price analysis, check to measure MI Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
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Is MI Homes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.313
Earnings Share
17.35
Revenue Per Share
146.322
Quarterly Revenue Growth
0.046
Return On Assets
0.0964
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.