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M/I Homes signals 5% community count growth for 2025 as gross margins stabilize amid market challenges Oct. 22, 2025 1:04 PM ETM/I Homes, Inc. (MHO) StockAI-Generated Earnings Calls Insights Comments Earnings Call Insights: M/I Homes, Inc. (MHO) Q3 2025 Management View CEO Robert Schottenstein opened by noting "Despite the continued challenging market conditions and choppy, uneven demand environment, we had a very solid third quarter." He reported $140 million pretax income, down 26% year-over-year, and highlighted a pretax Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking Alpha website. The insights are generated by an AI tool and have not been curated or reviewed by editors. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of the earnings call insights cannot be guaranteed. Please see full earnings call transcripts here. The earnings call insights are intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Quick Insights Management stated that rate buydowns are the primary reason for declining gross margins; they acknowledged further margin pressure but see this as necessary to drive sales in the current demand environment. M/I Homes reiterated a target of about 5% community count growth, with management expressing confidence in achieving this despite choppy demand and uneven market conditions. Management and analysts noted diverging regional trends, with markets like Orlando holding up better than Austin or Houston, indicating regionally specific risks and varying margin performance across the portfolio. Recommended For You More Trending News
