M/I Homes, Inc. logo MHO - M/I Homes, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
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HOLD 6
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| PRICE TARGET: $165.00 DETAILS
HIGH: $165.00
LOW: $165.00
MEDIAN: $165.00
CONSENSUS: $165.00
UPSIDE: 12.37%

About M/I Homes, Inc. (https://www.mihomes.com)

M/I Homes, Inc. (MHO), along with its affiliated companies, constructs single-family residences across a broad geographical area, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into three primary segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. Under the M/I Homes brand, the company engages in the entire process of home development, from conceptual design and construction to marketing and sales. It caters to a diverse clientele, encompassing first-time purchasers, millennials, those upgrading their homes, empty-nesters, and luxury market consumers, offering both detached single-family houses and attached townhouses. Beyond building, M/I Homes acquires raw land, transforming it into ready-to-build lots. These developed parcels are then utilized for its own single-family home construction projects or sold to external parties. Furthermore, its financial services division facilitates homeownership by originating and selling mortgage loans. This segment also operates as a title insurance provider, offering policies, conducting examinations, and managing closing services for individuals buying M/I Homes properties. Originally established in Columbus, Ohio, in 1976, the company was initially named M/I Schottenstein Homes, Inc. It adopted its current name, M/I Homes, Inc., in January 2004.

Key Executives

NAME TITLE DOB SALARY
Robert H. Schottenstein Chairman, President & Chief Executive Officer 1953 $4,969,430 USD
Phillip G. Creek Executive Vice President, Chief Financial Officer & Director 1953 $2,468,474 USD
Susan E. Krohne Senior Vice President, Chief Legal Officer & Secretary 1972 $1,094,647 USD
Ann Marie W. Hunker Vice President, Chief Accounting Officer & Corporate Controller
Derek J. Klutch President & Chief Executive Officer of M/I Financial 1964
Fred J. Sikorski Region President of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions 1955
Mark Kirkendall Vice President & Treasurer
Thomas W. Jacobs Reg. President of Austin, Dallas, Houston, SA, Chicago, MPLS/St. Paul, Indy, Detroit and Nashv. Div. 1966

Company Peers

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