Corporate Webpages M / I Homes Inc.
M/I Homes, Inc. (MOH) is a moderate-sized residential home
builder operating primarily in the eastern part of the U.S. and
Texas, based in Columbus, and formerly known as M/I
Schottenstein Homes, Inc. It was formed in 1976.
Our impression of the corporation website is that it is well
designed to sell quality upper range homes, well-built, but
lacking in investor concern. There is a reliance on conference
calls for CEO communications, and transcripts for these are
obtainable only through other websites, not the company one.
After lagging, the stock is playing catch-up to other home
builders enjoying a very strong industry group performance,
albeit with many competitors, after the 2008 recession and crash.
Currently residential real estate is booming in a sellers'
market pretty much nationwide, and recently given an interest
rate cut boost by the Fed.
The company has issued high-rated attractive interest rate
bonds. Borrowings resulted in many acquisitions across the
country. The corporation is currently wrapping up developments
in the Washington, D.C. area.
The corporation has an unacceptably-low Zenith Index, but has a
current p/e below its five-year average suggesting it has been
overlooked until now, and recently touted by Zack's.
The company is paying a nearly 3% dividend which is not being
reported for unknown reasons on a number of sites upon which we depend.
This is adding to its overlooked status, along with a rather low
p/e ratio.
One warning is that earnings are increasing faster than
revenues, a trend which is not sustainable.
Researchers and analysts are neutral to negative on the stock,
but institutions are net acquirers, and Dimensional Fund Advisors
is among the largest institutional shareholders, a good sign.
The chart pattern is looking "toppy" after a recent big run-up,
but the overall pattern seems to be more of a buy-and-hold one
rather than relying upon a trading range.
News on this comparitively low-risk stock consists mainly of few
surprises, earnings reports, various borrowings, opening up or acquisitions
in new areas of the country, and personnel changes.
08-13-2019: M / I Homes Inc. (MHO): Mid-Sized Quality Residential Home Builder
(WAIT FOR PAGE TO LOAD COMPLETELY BEFORE LINKS WORK.)
Company Profile
Company History
News
Comparison with Peers
Bond Issue
Zenith Index
Financial Statements
Avg. P/E to Current P/E
Financial Ratios
Intrinsic Value (Disc. CashFlow)
Fair Value Estimator
Projected Earnings
Research Reports
Analysts' Opinions
Insider Activity
Institutional Activity
Sentiment
Short Interest
Standard & Poor's
Management's Discussion
Channel Potential
MACD Histogram
Intraday Chart
Val Idea
Stock Consultant
Point & Figure Chart
Wall Street Analyzer
Marketspace Chart
Time Series Forecast
Neural Network Prediction
Stock Options
Ultimate Trading Systems
Recommendation
Corporate Wepages
Company Profile |
Company History |
News |
Comparison |
Similar Companies Performance:
Bond Issue |
Zenith Index |
Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. Dividend data immedately below is inaccurate as an example. More accurate financial statements follow in the next section.
M/I Homes, Inc. (MHO) Exchange: NYSE
3 Easton Oval
Suite 500 Sector: Consumer Cyclical
Columbus, OH 43219 Industry: Residential Construction
M/I Homes, Inc., together with its subsidiaries, operates as a builder
of single-family homes in Ohio, Indiana, Illinois, Minnesota, Maryland,
Virginia, North Carolina, Florida, and Texas, the United States. The
company operates through Midwest Homebuilding, Southern Homebuilding,
Mid-Atlantic Homebuilding, and Financial Services segments. It designs,
constructs, markets, and sells single-family homes and attached
townhomes to first-time, millennial, move-up, empty-nester, and luxury
buyers under the M/I Homes and Showcase Collection brand names. The
company also purchases undeveloped land to develop into developed lots
for the construction of single-family homes, as well as for sale to
others. In addition, it originates and sells mortgages; and serves as a
title insurance agent by providing title insurance policies,
examination, and closing services to purchasers of its homes. The
company was formerly known as M/I Schottenstein Homes, Inc. and changed
its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was
incorporated in 1973 and is based in Columbus, Ohio.
Last Trade: 35.61 52-Week Range: 36.42 - 20.35
Employees: 1,359 Avg.Volume: 229,548 Shares
Corporate Governance:
Pllar scores are Audit: 2; Board: 5; Shareholder Rights: 9; Compensation: 3.
(A lower number means less governance risk.)
EPS: 3.88 Dividend Amount: $ 0.00 Yield: 0.00%
Ex-Dividend Date: Jun 26, 2008 Payout Ratio: 0.00
Key Statistics:
Trailing P/E: 9.09 Forward P/E (est.): 8.37
Target Price: 35.00
Qrtly Stock Price Growth (yoy): 43.65% Beta: 0.00
Qrtly S&P Index Growth (yoy): 0.00% Short Ratio: 2.25%
Qrtly Revenue Growth (yoy): 4.12% Shares Out: 27540000
Qrtly Earnings Growth (yoy): 0.00%
Book Value: 0.00 Debt/Equity: 0.00%
Price/Book Value: 1.08 Operating Profit Margin: 0.00%
Price/Sales: 0.41 Profit Margin: 0.00%
Market Cap: 973,237,000 Return on Equity: 0.00%
Enterprise Value: 1,910,000,000 Return on Assets: 0.00%
Operating Cash Flow: -2,592
Free Cash Flow: -142,924
Annual Income Statement: (All numbers in thousands)
Period Ending 12/31/2018 12/31/2017 12/31/2016
Total Revenue 2,286,282 1,961,971 1,691,327
Cost of Revenue 1,834,826 1,563,779 1,360,295
Gross Profit 451,456 398,192 331,032
Operating Expenses:
Research & Development 0 0 0
Selling, General & Administrative 280,608 254,609 220,409
Non-Recurring Expenses 0 0 0
Other Operating Expenses 0 0 0
Total Operating Expenses 2,115,434 1,818,388 1,580,704
Operating Income or Loss 170,848 143,583 110,623
Income from Continuing Operations:
Total Other Income/Expenses Net -29,559 -23,259 -18,838
Earnings Before Interest & Taxes 170,848 143,583 110,623
Interest Expense -17,215 -16,117 -15,486
Income Before Taxes 141,289 120,324 91,785
Income Tax Expense 33,626 48,243 35,176
Minority Interest 0 0 0
Net Income from Continuing Op.s 107,663 72,081 56,609
Non-recurring Events:
Discontinued Operations 0 0 0
Extraordinary Items 0 0 0
Effect of Accounting Changes 0 0 0
Other Items 0 0 0
Net Income 107,663 72,081 56,609
Preferred Stock & Other Adjustments 0 0 0
Net Income Avail to Common Shares 107,663 66,168 51,734
Annual Cash Flow Statement: (All numbers in thousands)
Period Ending 12/31/2018 12/31/2017 12/31/2016
Net Income 107,663 72,081 56,609
Operating Activities:
Depreciation 11,740 10,699 10,204
Adjustments to Net Income 12,583 2,404 7,390
Changes in Accounts Recv'bls 0 0 0
Changes in Liabilities 3,750 14,021 16,334
Changes in Investories -157,573 -168,622 -83,775
Changes in other Oper'g Acts 16,454 12,758 24,033
Total Cash Flow f Operations -2,592 -53,184 34,197
Investing Activities:
Capital Exenditures -8,141 -8,799 -13,106
Investments -31,191 -8,570 -18,539
Other Cash Flows fr Investing 0 0 0
Total Cash Flows from Investing -133,957 -9,157 -31,645
Financing Activities:
Dividends Paid 0 -3,656 -4,875
Sale of Purchase of Stock 0 0 0
Net Borrowings 31,794 229,161 23,721
Other Cash Flows fr Financing -248 -6,707 0
Total Cash Flows from Financing 6,375 179,603 18,788
Effect of Exchange Rate Chg 0 0 0
Change in Cash & Cash Equiv. -130,174 117,262 21,340
Annual Balance Sheets: (All Numbers in Thousands)
Period Ending 12/31/2018 12/31/2017 12/31/2016
Current Assets:
Cash & Cash Equivalents 20,829 150,703 33,341
Short Term Investments 0 0 0
Net Receivables 13,632 14,981 15,698
Inventory 1,674,460 1,414,574 1,215,934
Other Current Assets 170,351 172,769 155,350
Total Current Assets 1,888,866 1,762,320 1,431,800
Long-Term Investments 35,870 20,525 28,016
Property, Plant & Equipt 29,395 26,816 22,299
Goodwill 16,400 0 0
Intangible Assets 6,477 7,821 11,443
Accumulated Amortization 0 0 0
Other Assets 44,573 47,289 54,953
Deferred LT Asset Charges 13,482 18,438 30,875
Total Assets 2,021,581 1,864,771 1,548,511
Current Liabilities:
Accounts Payable 131,511 117,233 103,212
Current Portion LT Debt 0 86,132 57,093
Other Current Liabilities 45,767 47,678 35,260
Total Current Liabilities 361,874 447,366 374,600
Long Term Debt 667,793 553,407 427,815
Other Liabilities 136,611 116,700 91,922
Deferred LT Liab. Charges 7,873 5,634 4,740
Minority Interest 0 0 0
Negative Goodwill 0 0 0
Total Liabilities 1,166,278 1,117,473 894,337
Stockholder Equity:
Misc. Options, Warrants 0 0 0
Redeemable Preferred Stock 0 0 0
Preferred Stock 0 0 0
Common Stock 301 295 271
Retained Earnings 580,992 473,329 407,161
Treasury Stock -56,507 -32,809 -47,970
Capital Surplus 330,517 306,483 246,549
Other Stockhohlder Equity 0 0 0
Total Stockholder Equity 855,303 747,298 606,011
Net Tangible Assets 832,426 739,477 594,568
M/I Homes, Inc. (MHO) [Indices near +3.0, near zero,
or < zero bear special attention.]
P/E Ratio Tests:
P/E Ratio < 28? 3.0000 P/E Ratio > 5? 1.0000
P/E Ratio Vs Growth Rate: 0.0000 Forward P/E Ratio < 28? 3.0000
Price/Sales Ratio < 2.3? 3.0000 Inventory/Sales < 5%? 0.0683
Sales < $1 Billion? 0.4374 Operating Margin < 7.5%? 0.0000
Balance Sheet Tests:
Debt/Equity < 0.40? 1.0000 Long-Term Debt Service: 1.2808
LTD Being Reduced? -3.0000 Short-Term Debt Service: -3.0000
Current Ratio > 2? 2.6098 Working Capital >= 1.5? 0.2912
Leverage Ratio < 20%? 0.5657 Debt/Assets < 1? 3.0000
Quick Ratio > 1? 3.0000 Inventory Turnover > 1? 0.7915
Share Equity Increase: 2.3777 Market Cap.< 1.5 Billion? 1.5412
Intangibles < 3% Assets? 2.6510
Income Tests:
Profit Margin < 7.5%? 0.0000 EPS Annual Growth > 10%? 0.0615
Dividend Yield > 2.0%? 0.0000 EPS 3-yr Growth > 15? 0.0721
Enterprise Value/Revenue 0.4260 EPS Growth Consistent? 2.0000
Enterprise Value/EBITDA: 3.0000 Collection < 45 days? 3.0000
EPS Qrtly Growth > 10%? 0.0000 Gross Pft/Cur. LTD > 1? 3.0000
Borrowing Int. Rate < 6%? -2.3275
Stock Performance Tests:
Volatility > 25%? 1.7650 % Held by Insiders < 5%? 2.1739
Beta > 1.25? 0.0000 % Held by Institut. < 50? 0.5052
50 Da MA > 200 Da MA? 0.2291 % Held by Institut. > 30? 3.0000
52-Wk Change vs. S&P 500: 3.0000 Short Ratio > 5? 0.4500
Price/Book Value < 3? 3.0000 Short % of Float > 20? 0.0950
Return on Assets > 17%? 0.0000 Average Volume > 100,000? 2.2955
Cash Flow Tests:
Oper. C.F. > Lever'd C.F: 0.0181 Positive Free Cash Flow? -1.0000
Positive Oper. Cash Flow? -1.0000 Price to C.F.Ratio < 14?: 2.0560
Cash Flow / Assets > 10%? 0.7070
MHO M/I Homes, Inc. Overall Zenith Index: 1.0233
Financial Statements |
M/I HOMES INC (MHO) INCOME STATEMENT Fiscal year ends in December. 2014-12 2015-12 2016-12 2017-12 2018-12 TTM Revenue 1,215,180,032 1,418,395,008 1,691,326,976 1,961,970,944 2,286,281,984 2,395,121,920 Cost of revenue 958,990,976 1,114,663,040 1,358,183,040 1,561,021,952 1,836,704,000 1,930,989,952 Gross profit 256,188,992 303,732,000 333,144,000 400,948,992 449,577,984 464,132,000 Operating expenses Sales, General and administrative 169,978,000 188,300,000 220,408,992 254,608,992 280,608,000 288,203,008 Restructuring, merger and acquisition 0 0 0 0 1,700,000 0 Other operating expenses 0 0 0 0 -1,700,000 0 Total operating expenses 169,978,000 188,300,000 220,408,992 254,608,992 280,608,000 288,203,008 Operating income 86,211,000 115,432,000 112,735,000 146,340,000 168,970,000 175,928,992 Interest Expense 13,365,000 17,521,000 17,598,000 18,874,000 20,484,000 21,707,000 Other income (expense) -3,110,000 -10,982,000 -3,352,000 -7,142,000 -7,197,000 -5,655,000 Income before taxes 69,736,000 86,929,000 91,785,000 120,324,000 141,288,992 148,567,008 Provision for income taxes 18,947,000 35,166,000 35,176,000 48,243,000 33,626,000 38,909,000 Net income from continuing operations 50,789,000 51,763,000 56,609,000 72,081,000 107,663,000 109,658,000 Net income 50,789,000 51,763,000 56,609,000 72,081,000 107,663,000 109,658,000 Preferred dividend 4,875,000 4,875,000 4,875,000 3,656,000 0 0 Net income available to common shareholders 45,914,000 46,888,000 51,734,000 68,425,000 107,663,000 109,658,000 Earnings per share Basic 1.88 1.91 2.10 2.57 3.81 3.93 Diluted 1.65 1.68 1.84 2.26 3.70 3.85 Weighted average shares outstanding Basic 24,463,000 24,575,000 24,666,000 25,769,000 28,234,000 27,834,000 Diluted 29,912,000 30,047,000 30,116,000 30,688,000 29,178,000 28,282,500 ____________________________________________________________________________________________________________________________________________ M/I HOMES INC (MHO) BALANCE SHEET Fiscal year ends in December. 2014-12 2015-12 2016-12 2017-12 2018-12 Assets Current assets Cash Total cash 15,535,000 10,205,000 34,441,000 151,703,008 21,529,000 Inventories 918,588,992 1,112,041,984 1,215,933,952 1,414,573,952 1,674,460,032 Other current assets 99,745,000 129,897,000 154,020,000 171,580,000 169,651,008 Total current assets 1,033,868,992 1,252,144,000 1,404,395,008 1,737,857,024 1,865,639,936 Non-current assets Property, plant and equipment Gross property, plant and equipment 36,260,000 37,601,000 47,793,000 52,299,000 51,808,000 Accumulated Depreciation -24,771,000 -24,704,000 -25,494,000 -25,483,000 -22,413,000 Net property, plant and equipment 11,489,000 12,897,000 22,299,000 26,816,000 29,395,000 Equity and other investments 27,769,000 36,967,000 28,016,000 20,525,000 35,870,000 Goodwill 0 0 0 0 16,400,000 Deferred income taxes 94,412,000 67,404,000 30,875,000 18,438,000 13,482,000 Other long-term assets 43,870,000 46,142,000 62,926,000 61,135,000 60,794,000 Total non-current assets 177,540,000 163,410,000 144,116,000 126,914,000 155,940,992 Total assets 1,211,409,024 1,415,554,048 1,548,510,976 1,864,770,944 2,021,581,056 Liabilities and stockholders' equity Liabilities Current liabilities Accounts payable 75,338,000 86,878,000 103,212,000 117,233,000 131,511,000 Deferred revenues 11,759,000 19,567,000 22,156,000 26,378,000 32,055,000 Total current liabilities 87,097,000 106,445,000 125,368,000 143,611,008 163,566,000 Non-current liabilities Long-term debt 497,116,000 611,848,000 637,803,008 807,734,016 820,961,024 Accrued liabilities 0 0 61,557,000 65,308,000 77,501,000 Other long-term liabilities 82,902,000 100,695,000 69,609,000 100,820,000 104,250,000 Total non-current liabilities 580,017,984 712,542,976 768,969,024 973,862,016 1,002,712,000 Total liabilities 667,115,008 818,988,032 894,337,024 1,117,473,024 1,166,278,016 Stockholders' equity Preferred stock 48,163,000 48,163,000 48,163,000 0 0 Common stock 271,000 271,000 271,000 295,000 301,000 Additional paid-in capital 238,560,000 241,239,008 246,548,992 306,483,008 330,516,992 Retained earnings 308,539,008 355,427,008 407,160,992 473,328,992 580,992,000 Treasury stock -51,238,000 -48,534,000 -47,970,000 -32,809,000 -56,507,000 Total stockholders' equity 544,294,976 596,566,016 654,174,016 747,297,984 855,302,976 Total liabilities and stockholders' equity 1,211,410,048 1,415,554,048 1,548,510,976 1,864,770,944 2,021,581,056 ____________________________________________________________________________________________________________________________________________ M/I HOMES INC (MHO) Statement of CASH FLOW Fiscal year ends in December. USD. 2014-12 2015-12 2016-12 2017-12 2018-12 TTM Cash Flows From Operating Activities Net income 50,789,000 51,763,000 56,609,000 72,081,000 107,663,000 109,658,000 Depreciation & amortization 5,175,000 6,612,000 8,552,000 9,630,000 10,956,000 11,376,000 Investment/asset impairment charges 3,457,000 3,638,000 3,992,000 7,681,000 5,809,000 0 Deferred income taxes 16,499,000 32,526,000 31,311,000 12,437,000 4,957,000 4,935,000 Stock based compensation 3,215,000 3,942,000 5,315,000 6,044,000 5,974,000 5,838,000 Change in working capital -200,366,000 -145,282,000 -43,408,000 -141,843,008 -137,368,992 -92,709,000 Inventory -209,318,000 -159,011,008 -83,775,000 -168,622,000 -157,572,992 -109,737,000 Accounts payable 5,112,000 9,827,000 16,334,000 14,021,000 3,750,000 12,580,000 Other working capital 3,840,000 3,902,000 24,033,000 12,758,000 16,454,000 4,448,000 Other non-cash items -11,444,000 -35,358,000 -28,174,000 -18,560,000 -582,000 -10,148,000 Net cash provided by operating activities -132,675,000 -82,159,000 34,197,000 -52,530,000 -2,592,000 28,950,000 Cash Flows From Investing Activities Investments in property, plant, and equipmen -2,946,000 -3,659,000 -13,106,000 -8,799,000 -8,141,000 -5,125,000 Acquisitions, net -20,415,000 -42,112,000 -21,746,000 -12,088,000 -132,827,000 -42,827,000 Sales/Maturities of investments 1,523,000 1,226,000 3,207,000 3,518,000 676,000 150,000 Other investing activities 9,257,000 6,914,000 0 7,558,000 6,335,000 0 Net cash used for investing activities -12,581,000 -37,631,000 -31,645,000 -9,811,000 -133,957,000 -47,802,000 Cash Flows From Financing Activities Debt issued 199,678,000 755,569,024 380,747,008 667,761,024 585,632,000 698,040,000 Debt repayment -162,600,000 -631,451,008 -357,025,984 -438,600,000 -553,838,016 -698,969,024 Preferred stock repaid 0 0 0 -50,420,000 0 0 Common stock repurchased 0 0 0 0 -25,709,000 -30,859,000 Dividend paid -4,875,000 -4,875,000 -4,875,000 -3,656,000 0 0 Other financing activities -137,000 -4,783,000 -58,000 4,518,000 290,000 3,216,000 Net cash provided by (used for) financing 32,066,000 114,460,000 18,788,000 179,603,008 6,375,000 -28,572,000 Net change in cash -113,190,000 -5,330,000 21,340,000 117,262,000 -130,174,000 -47,424,000 Cash at beginning of period 128,725,000 15,535,000 13,101,000 34,441,000 151,703,008 67,817,000 Cash at end of period 15,535,000 10,205,000 34,441,000 151,703,008 21,529,000 20,393,000 Free Cash Flow Operating cash flow -132,675,000 -82,159,000 34,197,000 -52,530,000 -2,592,000 28,950,000 Capital expenditure -2,946,000 -3,659,000 -13,106,000 -8,799,000 -8,141,000 -5,125,000 Free cash flow -135,620,992 -85,818,000 21,091,000 -61,329,000 -10,733,000 23,825,000 ____________________________________________________________________________________________________________________________________________
Average to Current P/E Ratios |
(MHO) M/I Homes Inc.
2014 2015 2016 2017 2018
Annual Earnings: 1.65 1.68 1.84 2.33 3.70
Average Price During Year: 22.90 23.64 20.31 26.95 28.24
P/E Ratio: 13.88 14.07 11.04 11.57 7.63
Average 5-Year P/E Ratio = 11.64
Current Price = 35.24
Previous 5 Quarter Earnings: 2.29 1.56 0.81 1.21 1.21
Current Annualized (Last Four Quarters) Earnings = 3.23
________
Average PE / Current PE = 1.07
--------
...a number above 1.00 is good
1.00 or below is bad
Financial Ratios |
. . . . . . . . . . . . Lowest to Highest, Compared to Industry
Intrinsic Value (DCF) |
Intrinsic Value by Discounted Cash Flow Method:
Fair Value Estimator |
Fair Value Estimate:
Projected Earnings |
Research Reports |
Analysts' Opinions |
Insider Activity |
Institutional Activity |
Institutional Orders to Buy or Sell:
Sentiment |
Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.
Short Interest Ratio |
As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.
Standard & Poor's |
Management's Discussion of Results of Operations Excerpts |
Channeling Potential |
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility. Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.
Results for M/I HOMES INC.:
Symbol? MHO
Total Months Available: 25
Months in Cycle? 4
Months Covered by Periods: 12
Period 1 Period 2 Period 3
H1 L1 H2 L2 H3 L3
26.72 21.30 29.78 20.34 36.42 26.72
RANGE = 36.42 TO 20.34 Close = 35.61
CHANNEL = 26.72 TO 26.72 Degree = 0
Volatility = 0.00% Index = 0
MACD Histogram Divergence |
The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.
Intraday Chart |
2 Days:
Val Idea |
6 out of 11 favorable, (positive opinion.)
Stock Consultant |
Point & Figure Chart |
Wall Street Analyzer |
Marketspace Chart |
Time Series Forecast |
Neural Network Prediction |
"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."
Ultimate Trading Systems |
3 out of 3 of the ultimate systems favor an upmove.
System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.
Recommendation |
| Factors | Weighted Points |
|---|---|
| News | + 1 |
| Comparison | - 1 |
| Industry | + 1 |
| Bond Issue | + 1 |
| Zenith Index | - 1 |
| Non-GAAP vs. GAAP Earnings | - 1 |
| Cash Flow | - 1 |
| Average to Current P/E | + 1d |
| Ratios | + 1 |
| Intrinsic Value DCF | - 1 |
| Fair Value Estimator | + 1 |
| Projected Earnings | + 1 |
| Research Reports | - 1 |
| Analysts | - 1 |
| Executive Perquisites | + 1 |
| Insider Activity | - 1 |
| Institutional Activity | - 1 |
| Management Reporting | + 1 |
| Short Interest | + 1 |
| Sentiment | + 1 |
| Standard & Poor's | - 1 |
| MACD Histogram Divergence | + 1 |
| Val Idea | + 1 |
| Stock Consultant | - 1 |
| Point & Figure | + 1 |
| Wall Street Analyzer | - 1 |
| Marketspace Chart | + 1 |
| Time Series Chart | - 1 |
| Neural Network | - 1 |
| Stock Options | - 1 |
| Ultimate Trading Systems | + 1 |
| Total | + 1 |
Place 850 shares of M/I Homes, Inc. (MHO) on the Active List.
