MHO
M/I Homes, Inc. Consumer Cyclical - Residential Construction Investor Relations →
M/I Homes, Inc. (MHO) closed at $141.86 as of 2026-02-02, trading 38.8% above its 200-week moving average of $102.22. The stock moved further from the line this week, up from 31.4% last week. The 14-week RSI sits at 65, indicating neutral momentum.
Over the past 1635 weeks of data, MHO has crossed below its 200-week moving average 20 times. On average, these episodes lasted 25 weeks. Historically, investors who bought MHO at the start of these episodes saw an average one-year return of +45.6%.
With a market cap of $3.7 billion, MHO is a mid-cap stock. Return on equity stands at 13.2%. The stock trades at 1.2x book value.
Over the past 31.4 years, a hypothetical investment of $100 in MHO would have grown to $3709, compared to $2525 for the S&P 500. That represents an annualized return of 12.2% vs 10.8% for the index — confirming MHO as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: MHO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MHO Crosses Below the Line?
Across 20 historical episodes, buying MHO when it crossed below its 200-week moving average produced an average return of +59.0% after 12 months (median +56.0%), compared to +15.6% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +100.2% vs +33.0% for the index.
Each line shows $100 invested at the moment MHO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MHO has crossed below its 200-week MA 20 times with an average 1-year return of +45.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1994 | Oct 1995 | 52 | 47.1% | +33.8% | +3445.6% |
| Jan 1996 | Jan 1996 | 1 | 0.8% | N/A | +2671.3% |
| Feb 1996 | Dec 1996 | 47 | 22.4% | -4.7% | +2736.5% |
| Jan 1997 | Apr 1997 | 13 | 4.3% | +104.8% | +2804.9% |
| Nov 1999 | Apr 2000 | 21 | 16.3% | +59.7% | +1865.0% |
| Jun 2000 | Jul 2000 | 4 | 3.0% | +121.7% | +1744.5% |
| Jan 2006 | Jan 2006 | 2 | 4.1% | -9.2% | +267.3% |
| Mar 2006 | Mar 2006 | 1 | 2.1% | -26.7% | +256.4% |
| May 2006 | Dec 2010 | 241 | 82.5% | -28.9% | +256.0% |
| Jan 2011 | Mar 2011 | 7 | 7.2% | -7.2% | +953.2% |
| Apr 2011 | Jan 2012 | 41 | 57.8% | -11.2% | +934.0% |
| Feb 2012 | Mar 2012 | 2 | 5.8% | +80.0% | +1071.4% |
| Dec 2015 | Dec 2015 | 2 | 3.9% | +23.6% | +574.9% |
| Jan 2016 | Jul 2016 | 29 | 26.5% | +32.5% | +649.8% |
| Oct 2016 | Nov 2016 | 3 | 4.4% | +49.1% | +564.4% |
| Sep 2018 | Sep 2018 | 1 | 2.6% | +48.2% | +485.0% |
| Sep 2018 | Jan 2019 | 17 | 14.4% | +54.6% | +492.8% |
| Mar 2020 | May 2020 | 10 | 54.7% | +132.8% | +490.3% |
| Jun 2022 | Jun 2022 | 2 | 14.4% | +118.3% | +295.3% |
| Aug 2022 | Nov 2022 | 13 | 16.4% | +139.9% | +237.6% |
| Average | 25 | — | +45.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02