If You Invested $100 In This Stock 10 Years Ago, You Would Have $500 Today

M/I Homes, Inc. +0.40%

M/I Homes, Inc.

MHO

148.20

+0.40%

M/I Homes (NYSE:MHO) has outperformed the market over the past 10 years by 8.0% on an annualized basis producing an average annual return of 18.52%. Currently, M/I Homes has a market capitalization of $3.39 billion.

Buying $100 In MHO: If an investor had bought $100 of MHO stock 10 years ago, it would be worth $546.71 today based on a price of $122.17 for MHO at the time of writing.

M/I Homes's Performance Over Last 10 Years

comp_fig

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.

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