MHO (M/I Homes) 3-Year Share Buyback Ratio: 2.10% (As of Jun. 2026) — 950% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MHO M/I Homes Inc MHO
82 GF Score
Price $152.28
GF Value $135.04
Valuation Modestly Overvalued
! 8 Warning Signs
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What is M/I Homes 3-Year Share Buyback Ratio?

M/I Homes MHO +2.82% 82 3-Year Share Buyback Ratio is 2.10 as of Jun. 2026, which is 950% above its 10-year median of 0.20. GuruFocus rates MHO with a GF Score™ of 82/100 and a GF Value™ of $135.04 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 71 Homebuilding & Construction companies, M/I Homes ranks better than 77.46% on this metric.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. M/I Homes's current 3-Year Share Buyback Ratio was 2.10%.

The historical rank and industry rank for M/I Homes's 3-Year Share Buyback Ratio or its related term are showing as below:

MHO' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -10.1   Med: 0.2   Max: 5.4
Current: 2.1

During the past 13 years, M/I Homes's highest 3-Year Share Buyback Ratio was 5.40%. The lowest was -10.10%. And the median was 0.20%.

MHO's 3-Year Share Buyback Ratio is ranked better than
77.46% of 71 companies
in the Homebuilding & Construction industry
Industry Median: -0.1 vs MHO: 2.10

M/I Homes (NYSE:MHO) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


M/I Homes 3-Year Share Buyback Ratio Related Terms


MHO vs KBH, CVCO, SKY: 3-Year Share Buyback Ratio Comparison

For the Residential Construction subindustry, M/I Homes's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M/I Homes 3-Year Share Buyback Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where M/I Homes's 3-Year Share Buyback Ratio falls into.


MHO
82GF Score
M/I Homes Inc MHO
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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M/I Homes 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of 2.10 mean?
M/I Homes (MHO) has a 3-Year Share Buyback Ratio of 2.10 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for M/I Homes and its competitors. This is 950% above median its historical median of 0.20. According to the industry distribution chart, M/I Homes ranks #16 out of 71 companies in the Homebuilding & Construction industry, placing it in the top 22.5%.
Is M/I Homes' 3-Year Share Buyback Ratio too high?
M/I Homes' current 3-Year Share Buyback Ratio of 2.10 is 950% above median its 10-year median of 0.20. Based on the distribution chart, M/I Homes ranks #16 out of 71 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, M/I Homes has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M/I Homes' 3-Year Share Buyback Ratio compare to KBH and CVCO?
According to the Homebuilding & Construction industry distribution chart, M/I Homes ranks #16 out of 71 companies for 3-Year Share Buyback Ratio. This places M/I Homes in the top 23% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Homebuilding & Construction company?
A good 3-Year Share Buyback Ratio depends on the Homebuilding & Construction industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for M/I Homes and its competitors. M/I Homes's current 3-Year Share Buyback Ratio is 2.10, which is 950% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M/I Homes stock overvalued right now?
Based on GuruFocus' analysis, M/I Homes (MHO) is currently considered Modestly Overvalued. The stock's GF Value™ is $135.04, compared to a current price of $152.28 — trading 12.8% above its estimated fair value. The current 3-Year Share Buyback Ratio is 2.10, which is 950% above median its 10-year median of 0.20. M/I Homes' overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For M/I Homes (MHO), the current 3-Year Share Buyback Ratio is 2.10 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is M/I Homes (MHO) Overvalued in 2026?

Based on GuruFocus' analysis, M/I Homes stock appears to be overvalued. The current stock price of $152.28 is trading 12.8% above its estimated GF Value™ of $135.04. GuruFocus considers M/I Homes to be Modestly Overvalued.

Key valuation signals for MHO:

  • 3-Year Share Buyback Ratio: 2.10 (950% above median its 10-year median of 0.20)
  • GF Value™: $135.04 vs. price of $152.28 (12.8% above fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the MHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M/I Homes Business Description

Other Exchanges 0A8X:UK4MI:Germany
Address 4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions, and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprises a predominant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
82GF Score

Get the complete analysis for MHO

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$152.28
Price
$135.04
GF Value