M/I Homes (NYSE:MHO) has outperformed the market over the past 10 years by 8.1% on an annualized basis producing an average annual return of 18.86%. Currently, M/I Homes has a market capitalization of $3.42 billion.
Buying $100 In MHO: If an investor had bought $100 of MHO stock 10 years ago, it would be worth $555.84 today based on a price of $123.23 for MHO at the time of writing.
M/I Homes's Performance Over Last 10 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.