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M/I Homes Inc (MHO) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

M/I Homes Inc (MHO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. M/I Homes Inc is a part of the residential construction industry. It primarily builds single-family residential properties for the purpose of sale. M/I Homes Inc has a market cap of $766.220 million; its shares were traded at around $27.44 with a P/E ratio of 7.35 and P/S ratio of 0.38. M/I Homes Inc had annual average EBITDA growth of 21.90% over the past five years.


For the last quarter M/I Homes Inc reported a revenue of $722.5 million, compared with the revenue of $621.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.3 billion, an increase of 16.5% from last year. For the last five years M/I Homes Inc had an average revenue growth rate of 17.2% a year.

The reported diluted earnings per share was $3.7 for the year, an increase of 63.7% from previous year. Over the last five years M/I Homes Inc had an average EPS decline of 2% a year. The M/I Homes Inc had an operating margin of 7.14%, compared with the operating margin of 7.46% a year before. The 10-year historical median operating margin of M/I Homes Inc is 5.23%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, M/I Homes Inc has the cash and cash equivalents of $21.5 million, compared with $151.7 million in the previous year. The long term debt was $821.0 million, compared with $807.7 million in the previous year. The interest coverage to the debt is 8. M/I Homes Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $27.44, M/I Homes Inc is traded at 12.7% discount to its historical median P/S valuation band of $31.44. The P/S ratio of the stock is 0.38, while the historical median P/S ratio is 0.43. The stock lost 14.71% during the past 12 months.

CEO Recent Trades:

  • Chairman, CEO & President Robert H Schottenstein sold 41,432 shares of MHO stock on 02/19/2019 at the average price of $27.01. The price of the stock has increased by 1.59% since.

CFO Recent Trades:

  • Ex. Vice President and CFO Phillip G Creek sold 27,620 shares of MHO stock on 02/19/2019 at the average price of $27.01. The price of the stock has increased by 1.59% since.

Directors and Officers Recent Trades:

  • Ex. VP & Chief Legal Officer J Thomas Mason sold 61,190 shares of MHO stock on 02/19/2019 at the average price of $27.01. The price of the stock has increased by 1.59% since.
  • Principal Accounting Officer Ann Marie Hunker sold 10,600 shares of MHO stock on 02/07/2019 at the average price of $27.67. The price of the stock has decreased by 0.83% since.

For the complete 20-year historical financial data of MHO, click here.

This article first appeared on GuruFocus.