MHO (M/I Homes) Beta : 1.82 (As of Oct. 31, 2024)

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What is M/I Homes Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-10-31), M/I Homes's Beta is 1.82.

M/I Homes Beta Historical Data

The historical data trend for M/I Homes's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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M/I Homes Beta Chart

M/I Homes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beta

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0.82

2.10

2.40

2.12

1.89

M/I Homes Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Beta	Get a 7-Day Free Trial															1.44	1.60	1.89	1.83	1.82

Competitive Comparison of M/I Homes's Beta

For the Residential Construction subindustry, M/I Homes's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

M/I Homes's Beta Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's Beta distribution charts can be found below:

* The bar in red indicates where M/I Homes's Beta falls into.

M/I Homes Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

M/I Homes (NYSE:MHO) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

M/I Homes Beta Related Terms

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M/I Homes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » M/I Homes Inc (NYSE:MHO) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

0A8X:UK 4MI:Germany 4MI:Germany

Address

4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219

Website

https://www.mihomes.com

M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprise the most significant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.

Executives

Robert H Schottenstein	director, officer: Chairman, CEO & President
Ann Marie Hunker	officer: Principal Accounting Officer
Phillip G Creek	director, officer: Ex. Vice President and CFO
Susan E Krohne	officer: Chief Legal Officer, Secretary	4131 WORTH AVE, SUITE 500, COLUMBUS OH 43219
Bruce A Soll	director	17655 WATERVIEW PKWY, DALLAS TX 75252
Norman L Traeger	director
J Thomas Mason	director, officer: Ex. VP & Chief Legal Officer	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Kumi D Walker	director	17 STANBERRY AVENUE, BEXLEY OH 43209
William H Carter	director	C/O MOMENTIVE SPECIALTY CHEMICALS INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Michael P Glimcher	director	C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Nancy J Kramer	director
Friedrich Km Bohm	director
Elizabeth K Ingram	director	555 W. GOODALE STREET, COLUMBUS OH 43215
Thomas D Igoe	director
Sharen J Turney	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230