Media stories about M/I Homes (NYSE:MHO) have been trending positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. M/I Homes earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment’s analysis:

Several equities research analysts recently commented on the stock. BidaskClub lowered shares of M/I Homes from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Zacks Investment Research lowered shares of M/I Homes from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 28th. ValuEngine raised shares of M/I Homes from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Wedbush set a $32.00 target price on shares of M/I Homes and gave the stock a “buy” rating in a research note on Thursday, April 27th. Finally, JMP Securities raised shares of M/I Homes from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research note on Monday. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $31.00.

Shares of M/I Homes (NYSE MHO) traded down 0.85% during midday trading on Thursday, reaching $25.61. 118,281 shares of the company’s stock traded hands. The stock’s 50 day moving average is $27.59 and its 200-day moving average is $26.13. M/I Homes has a 52 week low of $20.40 and a 52 week high of $29.42. The company has a market capitalization of $642.94 million, a PE ratio of 12.08 and a beta of 1.10.

M/I Homes (NYSE:MHO) last released its quarterly earnings results on Wednesday, July 26th. The construction company reported $0.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.05. M/I Homes had a return on equity of 12.74% and a net margin of 3.57%. The firm had revenue of $456.87 million during the quarter, compared to analysts’ expectations of $456.56 million. During the same period last year, the firm posted $0.52 EPS. The business’s revenue was up 13.9% on a year-over-year basis. On average, analysts forecast that M/I Homes will post $2.99 earnings per share for the current fiscal year.

In related news, VP J Thomas Mason sold 27,594 shares of the firm’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $28.42, for a total transaction of $784,221.48. Following the completion of the sale, the vice president now directly owns 19,594 shares of the company’s stock, valued at approximately $556,861.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 4.70% of the company’s stock.

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About M/I Homes

M/I Homes, Inc is a builder of single-family homes. The Company consists of two operations: homebuilding and financial services. It operates through Midwest homebuilding, Southern homebuilding, Mid-Atlantic homebuilding and financial services operations segments. The Company and its subsidiaries are engaged primarily in the construction and sale of single-family residential homes in 15 markets: Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St.

Insider Buying and Selling by Quarter for M/I Homes (NYSE:MHO)

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