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M/I Homes Expands Credit Facility to $900 Million

Story Highlights
  • M/I Homes increased its credit facility to $900 million, extending maturity to 2030.
  • The amendment reduced the SOFR margin and adjusted fees, offering financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
M/I Homes Expands Credit Facility to $900 Million

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M/I Homes ( (MHO) ) has provided an announcement.

On September 18, 2025, M/I Homes, Inc. amended its unsecured revolving credit facility, increasing lender commitments to $900 million and extending the maturity to 2030. The amendment also introduced an accordion feature allowing potential expansion to $1.05 billion, reduced the SOFR margin, and adjusted commitment fees based on leverage ratios, enhancing financial flexibility for the company.

The most recent analyst rating on (MHO) stock is a Buy with a $163.00 price target. To see the full list of analyst forecasts on M/I Homes stock, see the MHO Stock Forecast page.

Spark’s Take on MHO Stock

According to Spark, TipRanks’ AI Analyst, MHO is a Outperform.

M/I Homes’ strong financial performance and attractive valuation are the primary drivers of its high score. The technical analysis indicates a strong upward trend, although overbought conditions suggest caution. The earnings call reflects resilience but also highlights challenges such as declining new contracts and interest rate impacts.

To see Spark’s full report on MHO stock, click here.

More about M/I Homes

M/I Homes, Inc. operates in the homebuilding industry, focusing on constructing and selling single-family homes. The company is involved in residential development and offers a range of homes targeting various market segments.

Average Trading Volume: 307,389

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.01B

See more data about MHO stock on TipRanks’ Stock Analysis page.

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