M/I Homes (NYSE:MHO) has outperformed the market over the past 15 years by 2.25% on an annualized basis producing an average annual return of 14.3%. Currently, M/I Homes has a market capitalization of $3.23 billion.
Buying $100 In MHO: If an investor had bought $100 of MHO stock 15 years ago, it would be worth $650.82 today based on a price of $116.22 for MHO at the time of writing.
M/I Homes's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.