| M/I Homes is engaged primarily in the construction and sale of single-family residential homes. Co. designs, sells and builds single-family homes on developed lots, which it develops or purchases ready for home construction. Co. also purchases undeveloped land to develop into developed lots for future construction of single-family homes and, on a limited basis, for sale to others. Co. has two operations: homebuilding, which consists of the Midwest, Mid-Atlantic, and Southern regions; and financial services, which supports its homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations. We show 38 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.