Published on 12 Oct 2023 on Simply Wall St. via Yahoo Finance
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of M/I Homes, Inc. (NYSE:MHO) stock is up an impressive 269% over the last five years. And in the last week the share price has popped 5.1%. But this might be partly because the broader market had a good week last week, gaining 2.9%.
Since the stock has added US$112m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
Check out our latest analysis for M/I Homes