M/I Homes Q4 revenue beats estimates on higher contract volumes

Reuters01-28
M/I Homes Q4 revenue beats estimates on higher contract volumes 

Overview

  • Homebuilder's Q4 revenue declined 5% but beat analyst expectations

  • Adjusted EPS for Q4 beat analyst expectations

  • Company repurchased $50 mln of stock in Q4

Result Drivers

  • NEW CONTRACTS INCREASE - M/I Homes reported a 9% increase in new contracts in Q4 2025 compared to the same period in 2024

  • INVENTORY AND WARRANTY CHARGES - The company incurred $51 mln in charges related to inventory and warranty in Q4 2025, affecting pre-tax income

  • ACTIVE COMMUNITIES GROWTH - M/I Homes increased its active communities to 232 by the end of Q4 2025, up from 220 a year ago

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$1.15 bln

$1.11 bln (3 Analysts)

Q4 Adjusted EPS

Beat

$3.91

$3.88 (3 Analysts)

Q4 Net Income

$64 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the homebuilding peer group is "hold."

  • Wall Street's median 12-month price target for M/I Homes Inc is $155.00, about 20.5% above its January 27 closing price of $128.60

  • The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPnrp8m0a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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