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M/I Homes Inc (MHO_pa.N)

MHO_pa.N on New York Stock Exchange

25.61USD
4:02pm EDT
Change (% chg)

$-0.05 (-0.19%)
Prev Close
$25.66
Open
$25.76
Day's High
$25.76
Day's Low
$25.61
Volume
1,800
Avg. Vol
1,029
52-wk High
$26.05
52-wk Low
$24.03

Latest Key Developments (Source: Significant Developments)

M/I Homes Q4 earnings per share $0.67
Thursday, 2 Feb 2017 08:30am EST 

M/I Homes Inc : Q4 earnings per share $0.67 . M/I Homes reports fourth quarter and year-end results . Backlog sales value at quarter-end increased 20% to $685 million . Qtrly revenue increased 12% to $523 million . Qtrly homes delivered increased 13% . new contracts for 2016's Q4 of 999, increasing 11% from 2015's q4 of 897 .company's cancellation rate was 18% in 2016's Q4.  Full Article

M/I Homes files for mixed shelf of up to $400 mln
Monday, 31 Oct 2016 05:11pm EDT 

M/I Homes Inc :Files for mixed shelf of up to $400.0 million - SEC filing.  Full Article

M/I Homes reports Q2 EPS of $0.52
Wednesday, 27 Jul 2016 08:30am EDT 

M/I Homes Inc : M/I Homes reports 2016 second quarter results . Qtrly backlog sales value increased 28 pct to $842 million; backlog units increased 27 pct to 2,281 . Qtrly revenue $401.2 million versus $322.9 million . Q2 earnings per share $0.52 . Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S . Says Q2 new contracts increased 23 pct to 1,354 . Qtrly homes delivered increased 13 pct; average closing price increased 7 pct .Q2 revenue view $403.2 million -- Thomson Reuters I/B/E/S.  Full Article

M/I Homes- M/I Financial entered a second amended, restated mortgage warehousing agreement on June 24 - SEC Filing
Tuesday, 28 Jun 2016 05:56pm EDT 

M/I Homes Inc : On June 24, 2016, M/I Financial LLC entered into a second amended and restated mortgage warehousing agreement - SEC Filing . Maturity date was extended from June 24, 2016 to June 23, 2017 . m/i homes inc says minimum tangible net worth covenant was increased from $11 million to $12.5 million . Maximum amount of borrowing availability was increased from $110 million to $150 million from Sept 25 to Oct 15 . Minimum liquidity covenant was increased from $5.5 million to $6.3 million as per amendment . Maximum amount of borrowing availability was increased from $110 million to $150 million also for period from December 15, 2016 to Feb 2, 2017 .Maximum amount of borrowing availability was increased from $110 million to $125 million at all other times.  Full Article

M/I Homes Closes Minneapolis/St. Paul Acquisition
Tuesday, 1 Dec 2015 08:29am EST 

M/I Homes, Inc:closed the acquisition of residential homebuilding operations of Hans Hagen Homes, Inc., homebuilder in the Minneapolis/St. Paul market.  Full Article

M/I Homes, Inc announces pricing of $300 million of senior notes due 2021
Monday, 23 Nov 2015 04:31pm EST 

M/I Homes, Inc:Announces pricing of $300 million of senior notes due 2021.Says pricing of its offering of $300 million aggregate principal amount of 6.75% senior notes due 2021.Says the new senior notes will mature on January 15, 2021.  Full Article

M/I Homes, Inc. Announces Proposed Offering of Senior Notes
Monday, 23 Nov 2015 08:52am EST 

M/I Homes Inc MHO.N:Announces proposed offering of senior notes.Plans to offer $300 million aggregate principal amount of senior notes due 2020.To use a portion of the net proceeds from offering to redeem all $230 million amount of its outstanding 8.625% senior notes due 2018.Intends to use the remaining net proceeds to repay borrowings under its $400 million unsecured revolving credit facility.  Full Article

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BRIEF-M/I Homes Q4 earnings per share $0.67

* Backlog sales value at quarter-end increased 20% to $685 million