M/I Homes, Inc.

M/I Homes, Inc. is a homebuilder that constructs and sells single-family residential homes across multiple U.S. states. The company operates through three segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. It designs, builds, and markets single-family homes and attached townhomes for first-time, move-up, empty-nester, multi-generational, and luxury buyers under the M/I Homes brand. Additionally, it purchases undeveloped land to develop into lots for its own construction or for sale to others. Through its financial services arm, the company originates and sells mortgages and provides title insurance, examination, and closing services to homebuyers.

M/I Homes, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MHO. Its shares trade in U.S. dollars (USD), as the company is based in the United States and operates primarily in the domestic market.

M/I Homes operates in the Consumer Cyclical sector, specifically within the Residential Construction industry. This means the company's performance is closely tied to the economic cycle, as homebuilding activity tends to rise and fall with consumer confidence, interest rates, and overall economic conditions. As a residential construction firm, M/I Homes focuses on building and selling homes to individual buyers, making it a key player in the housing market.

M/I Homes is headquartered in Columbus, Ohio, and was founded there in 1976. The company builds and sells homes in ten U.S. states: Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into Northern and Southern Homebuilding segments, reflecting its geographic footprint across the Midwest, South, and parts of the Southeast. This broad market coverage allows M/I Homes to serve a diverse range of homebuyers in various regional housing markets.

M/I Homes generates revenue primarily through the construction and sale of single-family homes and townhomes. The company also earns income from land development, selling developed lots to other builders. Additionally, its Financial Services segment contributes by originating and selling mortgages to homebuyers and providing title insurance and closing services. This integrated model allows M/I Homes to capture revenue from both homebuilding and related financial transactions, enhancing its overall profitability. The company targets a wide range of buyers, from first-time homeowners to luxury buyers, across its various geographic markets.