M/I Homes (NYSE:MHO) reported third-quarter 2026 revenue of $1.076 billion, down 5% from $1.132 billion a year earlier. Net income fell to $66.6 million, or $2.56 per diluted share, from $106.5 million, or $3.92 per diluted share.
The homebuilder delivered 2,241 homes and recorded 1,861 new contracts during the quarter, both down 2% year over year. Third-quarter results included $4.7 million of pre-tax inventory charges.
- Income before income taxes was $86.9 million, compared with $139.8 million in the prior-year quarter.
- Gross margin was 20.9%, or 21.3% excluding inventory charges.
- Backlog sales value was $1.1 billion as of September 30, down 9% year over year, with 2,046 units in backlog.
- Shareholders’ equity reached $3.3 billion, while cash totaled $620.6 million.
- M/I Homes repurchased $50 million of common stock and reported an 18% homebuilding debt-to-capital ratio.
$MHO Insider Trading Activity
$MHO insiders have traded $MHO stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $MHO stock by insiders over the last 6 months:
- PHILLIP G CREEK (Ex. Vice President and CFO) has made 0 purchases and 5 sales selling 30,000 shares for an estimated $4,504,049.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MHO Hedge Fund Activity
We have seen 175 institutional investors add shares of $MHO stock to their portfolio, and 144 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 516,855 shares (+361.1%) to their portfolio in Q2 2026, for an estimated $83,105,115
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 309,075 shares (+inf%) to their portfolio in Q2 2026, for an estimated $49,696,169
- JPMORGAN CHASE & CO added 271,728 shares (+inf%) to their portfolio in Q2 2026, for an estimated $43,691,145
- GRS ADVISORS, LLC added 257,646 shares (+inf%) to their portfolio in Q2 2026, for an estimated $41,426,900
- VICTORY CAPITAL MANAGEMENT INC added 221,771 shares (+2239.0%) to their portfolio in Q2 2026, for an estimated $35,658,559
- GOLDMAN SACHS GROUP INC added 160,139 shares (+36.7%) to their portfolio in Q2 2026, for an estimated $25,748,749
- AMERICAN CENTURY COMPANIES INC removed 132,037 shares (-18.8%) from their portfolio in Q2 2026, for an estimated $21,230,229
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
