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Shana Sissel's M/I Homes Inc Trade

Shana Sissel of Spotlight Asset Group spoke on CNBC's "Fast Money" about M/I Homes Inc (NYSE: MHO).

Benzinga · 09/01/2021 07:03

Shana Sissel of Spotlight Asset Group spoke on CNBC's "Fast Money" about M/I Homes Inc (NYSE:MHO). She said it's a high-quality home builder, present in some of the hottest markets in the country. Around 56% of its revenue in the last quarter came from Texas, Florida, South Carolina and North Carolina.

The company is anticipating earnings growth of 37% this year and the stock is trading at 5 times earnings. It has a strong balance sheet, it's increasing cash flows and decreasing debt. Sissel sees M/I Homes as the acquisition candidate because it could be a quick way for large players to get into these hot housing markets.