MI Homes (MHO)
(Delayed Data from NYSE)
$165.54 USD
+7.14 (4.51%)
Updated Jul 26, 2024 04:00 PM ET
After-Market: $167.00 +1.46 (0.88%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth A Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MHO 165.54 +7.14(4.51%)
Will MHO be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for MHO based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MHO
M/I Homes (MHO) Gears Up for Q2 Earnings: What to Expect?
Tri Pointe Homes (TPH) Beats Q2 Earnings and Revenue Estimates
MHO: What are Zacks experts saying now?
Zacks Private Portfolio Services
M/I Homes (MHO) Stock Moves -1.63%: What You Should Know
Century Communities (CCS) Tops Q2 Earnings Estimates
Here's Why M/I Homes (MHO) Fell More Than Broader Market
Other News for MHO
Homebuilder Stocks Rally To Record Highs On Rate-Cut Frenzy But Housing Sales Still Struggle
TMHC, MTH get Outperform rates as RayJay expands homebuilder coverage
M/I Homes initiated with bullish view at Raymond James
M/I Homes, Inc. Announces Second Quarter Earnings Webcast
Cavco Industries: Fair Performance, Fair Valuation (Rating Downgrade)