Why M/I Homes (MHO) Dipped More Than Broader Market Today
M/I Homes (MHO) declined 3.35% to $143.29, underperforming the S&P 500. The homebuilder faces headwinds with forecasted EPS down 23.91% quarter-over-quarter and full-year earnings expected to decline 15.2% compared to the prior year. The stock holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 11.86, trading at a discount to its industry average.