M/I Homes, Inc. (MHO) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Hold
Based on 10 analysts9.8% Below Target
MHO trades 9.8% below Wall Street's consensus target of $165.00.
Current Price$150.28
Average Target$165.00
Low$165.00
Median$165.00
High$165.00
Analyst Target Range
Forward P/E11.6x
(Value)
PEG Ratio0.94
(Undervalued)
Implied Growth-4.6%
(Declining)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes MHO achieves its forward estimates and maintains a stable P/E multiple of 11.6x. This scenario reflects the blended consensus of 10 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
MHO Price Target Analysis
Updated July 8, 2026As of July 8, 2026, M/I Homes, Inc. (MHO) has a Wall Street consensus price target of $165.00, based on estimates from 10 covering analysts. With the stock currently trading at $150.28, this represents a potential upside of +9.8%. The company has a market capitalization of $3.87B.
Analyst price targets range from a low of $165.00 to a high of $165.00, representing a 0% spread in expectations. The median target of $165.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 5 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, MHO trades at a trailing P/E of 10.2x and forward P/E of 11.6x. The forward PEG ratio of 0.94 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -4.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $178.01, with bear and bull scenarios of $112.15 and $234.55 respectively. Model confidence stands at 40/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Cyclical stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+13.4%
Industry Consensus
Avg Forward P/E
19.2x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SKYChampion Homes, Inc. | $4.6B | $82.95 | $93.00 | +12.1% | Buy | 22.0x | 8 |
 TMHCTaylor Morrison Home Corporation | $6.7B | $71.77 | $72.75 | +1.4% | Buy | 13.6x | 31 |
 GRBKGreen Brick Partners, Inc. | $3.2B | $74.81 | — | — | Hold | 12.8x | 12 |
 CCSCentury Communities, Inc. | $1.9B | $65.42 | $60.67 | -7.3% | Buy | 16.7x | 11 |
 LGIHLGI Homes, Inc. | $1.4B | $58.92 | $88.80 | +50.7% | Buy | 20.4x | 13 |
 DBRGDigitalBridge Group, Inc. | $2.9B | $15.77 | $21.00 | +33.2% | Hold | 45.1x | 12 |
 DHID.R. Horton, Inc. | $44.2B | $155.72 | $163.86 | +5.2% | Hold | 14.7x | 52 |
 LENLennar Corporation | $21.5B | $86.74 | $89.17 | +2.8% | Buy | 15.4x | 50 |
 PHMPulteGroup, Inc. | $25.0B | $129.92 | $144.50 | +11.2% | Hold | 13.0x | 44 |
 NVRNVR, Inc. | $18.1B | $6693.69 | $7465.33 | +11.5% | Buy | 18.7x | 24 |
MHO — Frequently Asked Questions
Quick answers to the most common questions about buying MHO stock.
What is the MHO stock price target for 2026?
The consensus price target for MHO is $165, close to the current price of $150.28 (9.8% implied move). Based on 10 analyst estimates, the stock appears fairly valued near current levels.
Is MHO a buy, sell, or hold?
MHO has a consensus rating of "Hold" based on 10 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $165 implies 9.8% upside from current levels.
Is MHO stock overvalued or undervalued?
With a forward P/E of 11.6361x, MHO trades at a relatively low valuation. The consensus target of $165 implies 9.8% appreciation, suggesting the market may be pricing in risks.
How high can MHO stock go?
The most bullish Wall Street analyst has a price target of $165 for MHO, while the most conservative target is $165. The consensus of $165 represents the median expectation. Our quantitative valuation model projects a bull case target of $235 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover MHO stock?
MHO is moderately covered, with 10 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 4 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the MHO stock forecast?
The 12-month MHO stock forecast based on 10 Wall Street analysts shows a consensus price target of $165, with estimates ranging from $165 (bear case) to $165 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $178, with bear/bull scenarios of $112/$235.
What is MHO's fair value based on fundamentals?
Our quantitative valuation model calculates MHO's fair value at $178 (base case), with a bear case of $112 and bull case of $235. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 40/100.
What is MHO's forward P/E ratio?
MHO trades at a forward P/E ratio of 11.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 10.2x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy MHO stock?
MHO appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $165 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do MHO price targets vary so much?
MHO analyst price targets range from $165 to $165, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $165 consensus represents the middle ground. Our model's $112-$235 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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