MI Homes Stock Target Price and Analyst Consensus

MHO Stock  USD 116.22  5.00  4.12%   
The current analyst and expert consensus on MI Homes is Hold, with no strong buy opinions. The current projected MI Homes target price consensus is 93.50 with 1 analyst opinions. The most common way MI Homes analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview MI Homes executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on MI Homes. We encourage you to use your own analysis of MI Homes to validate this buy or sell advice. MI Homes buy-or-sell recommendation module provides average expert sentiment on the projected MI Homes target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on MI Homes to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
Lowest Forecast
85.09
Highest Forecast
103.79
Target Price
93.5
At this time, MI Homes' Gross Profit is very stable compared to the past year. As of the 1st of May 2024, Pretax Profit Margin is likely to grow to 0.16, while Gross Profit Margin is likely to drop 0.15. At this time, MI Homes' Retained Earnings are very stable compared to the past year. As of the 1st of May 2024, Accounts Payable is likely to grow to about 214.9 M, while Short and Long Term Debt Total is likely to drop about 474.9 M.
  
It's important to approach MI Homes' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize MI Homes price targets

MI Homes' stock target price is an estimate of its future price, usually made by analysts. Using MI Homes' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at MI Homes' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if MI Homes' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional MI Homes Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of MI Homes is a key component of MI Homes valuation and have some predictive power on the future returns of a MI Homes.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MI Homes' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
113.31115.78118.25
Details
Intrinsic
Valuation
LowRealHigh
101.16103.63127.84
Details
Naive
Forecast
LowNextHigh
123.43125.90128.37
Details
Earnings
Estimates (0)
LowProjected EPSHigh
4.784.784.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MI Homes. Your research has to be compared to or analyzed against MI Homes' peers to derive any actionable benefits. When done correctly, MI Homes' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MI Homes.

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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 Macroaxis Advice on MI Homes to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for MHO Stock analysis

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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The data published in MI Homes' official financial statements usually reflect MI Homes' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MI Homes. For example, before you start analyzing numbers published by MHO accountants, it's critical to develop an understanding of what MI Homes' liquidity, profitability, and earnings quality are in the context of the Household Durables space in which it operates.
Please note, the presentation of MI Homes' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MI Homes' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MI Homes' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MI Homes. Please utilize our Beneish M Score to check the likelihood of MI Homes' management manipulating its earnings.