M/I Homes, Inc. is a builder of single-family homes. Co. designs, markets, constructs and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, and luxury buyers. The company primarily constructs homes in planned development communities and mixed-use communities. It offers homes for sale in approximately 213 communities within 17 markets located in 10 states. Co. operates through two distinct operations: homebuilding and financial services. Its homebuilding operations are aggregated for reporting purposes into two reporting segments: the Northern and Southern regions. We show 59 historical shares outstanding datapoints in our MHO shares outstanding history coverage, used to compute MHO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MHO market cap history over the course of time is important for investors
interested in comparing MHO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MHO versus a peer is one thing; comparing
MHO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MHO can fluctuate over the course of history.
With this page we aim to empower investors researching MHO by allowing them to research the MHO market cap history. |
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Video: The Importance of Market Cap
