St. Joe (JOE) vs M/I Homes (MHO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
St. Joe (JOE) has outperformed M/I Homes (MHO) over the past year, gaining 37.6% versus a loss of 5.1%. Over five years, MHO leads with a +118.2% price change compared with +46.8% for JOE. St. Joe is the larger company by market cap ($3.71 billion vs $3.29 billion), about 1.1 times the size.
On valuation, M/I Homes trades at a lower forward P/E (9.2x vs 593.2x for St. Joe). St. Joe pays a dividend yielding 0.95%, while M/I Homes does not currently pay one. St. Joe converts more of its revenue into profit, with a net margin of 22.5% versus 9.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | JOE | MHO |
|---|---|---|
| Share price | $65.25 | $130.17 |
| Market cap | $3.71B | $3.29B |
| 1-day change | +0.54% | +0.66% |
| YTD return | +9.31% | +1.07% |
| 1-year return | +37.59% | -5.07% |
| 5-year return | +46.77% | +118.22% |
| P/E ratio (TTM) | 30.63 | 10.93 |
| Forward P/E | 593.18 | 9.25 |
| EPS (TTM) | $2.13 | $11.91 |
| Dividend yield | 0.95% | 0.00% |
| Annual dividend | $0.62 | $0.00 |
| Revenue (latest FY) | $513.25M | $4.42B |
| Revenue growth (YoY) | +27.44% | -1.93% |
| Net income (latest FY) | $115.63M | $402.94M |
| Gross margin | 43.05% | 23.03% |
| Operating margin | 28.49% | 11.47% |
| Net margin | 22.53% | 9.12% |
| 52-week high | $73.54 | $163.66 |
| 52-week low | $46.37 | $116.78 |
| Distance from 52-week high | -11.27% | -20.46% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +31.11% |
| Average volume | 236.77K | 208.74K |
| Shares outstanding | 56.93M | 25.28M |
| Employees | 906 | 1,801 |
| Sector | Real Estate | Consumer Discretionary |
| Industry | Homebuilding | Homebuilding |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- JOE has outperformed MHO by 42.7 percentage points over the past year.
- St. Joe trades at a higher earnings multiple (30.6x vs 10.9x trailing P/E).
- St. Joe is more profitable, keeping 22.5 cents of every revenue dollar as net income versus 9.1 cents for M/I Homes.
- St. Joe grew revenue faster in its latest fiscal year (+27.44% vs -1.93%).
- The two companies sit in different sectors: St. Joe in Real Estate and M/I Homes in Consumer Discretionary.
About St. Joe
JOE stock →The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in the United States.
Real Estate · Homebuilding · 906 employees
About M/I Homes
MHO stock →M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.
Consumer Discretionary · Homebuilding · 1,801 employees
JOE vs MHO FAQ
Which is bigger, St. Joe or M/I Homes?
St. Joe (JOE) is larger, with a market capitalization of $3.71B compared with $3.29B for M/I Homes (MHO).
Which stock has performed better over the past year, JOE or MHO?
JOE returned +37.59% over the past 12 months, compared with -5.07% for MHO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, JOE or MHO?
MHO has the lower trailing P/E at 10.9, versus 30.6 for JOE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, St. Joe or M/I Homes?
St. Joe pays a dividend yielding 0.95%, while M/I Homes does not currently pay a regular dividend.
Are St. Joe and M/I Homes in the same industry?
Yes. Both are classified in the Homebuilding industry within the Real Estate sector.