12 Best Residential Real Estate Stocks To Buy According to Analysts

2. M/I Homes, Inc. (NYSE:MHO)

Average Upside Potential: 61.98%

M/I Homes, Inc. (NYSE:MHO) is a US single-family home builder with more than 40 years of experience in building quality new construction homes across the nation. While the firm was founded in 1976 by Irving and Melvin Schottenstein, it has materialized the dreams of more than 150,000 homeowners over the years. The firm has a diversified customer base including first-time, move-up, luxury, and empty-nester buyers.

M/I Homes has earned itself solid repute by focusing on innovative design, superior customer service, quality construction, and premium locations. The firm favors from a promising scale and market share, with a diversified geographic footprint across 17 markets in 10 states in addition to a top 5 position in 8 markets and a top 10 position in 13 markets, as revealed by the latest investor presentation.

The homebuilder tends to be in a robust financial condition as it closed 2024 with all-time records in homes delivered, revenue, and income. Homes delivered by M/I Homes, Inc. (NYSE:MHO) in 2024’s fourth quarter hit an all-time quarterly record of 2,402. Simultaneously, home deliveries for the twelve months ended December 31 rose 12% to a record 9,055. While 2024 revenue rose 12% to $4.5 billion, net income climbed 21% to $564 million.