secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0000799292-21-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes Q3 net income up 24% to $91M ($3.03 EPS); enters Nashville market
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- Revenue record $904M (+7% YoY); gross margin 24.5% (+160 bps); ROE 27%.
- Net income $91M ($3.03 diluted EPS) vs $73.5M ($2.51) in Q3 2020; includes $9.1M debt extinguishment charge.
- Backlog units record 5,407 (+20%); backlog value $2.5B (+40%); community count down 15% to 176.
- Issued $300M 3.95% senior notes due 2030; repurchased $16M shares; homebuilding debt to capital 31%.
- Announced market entry to Nashville, TN; operations commencing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929221000109/0000799292-21-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929221000109/mho-20211027.htm
  HTML page:      https://secwatch.observer/filing/0000799292-21-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer