M Fi Homes traded at $149.62 this Wednesday July 15th, increasing $1.51 or 1.02 percent since the previous trading session. Looking back, over the last four weeks, M Fi Homes gained 3.16 percent. Over the last 12 months, its price rose by 29.71 percent. Looking ahead, we forecast M Fi Homes to be priced at 144.24 by the end of this quarter and at 135.38 in one year, according to Trading Economics global macro models projections and analysts expectations.
M/I Homes, Inc. is a homebuilding company, which consists of two operations, homebuilding, and financial services. The Company's homebuilding operations are aggregated into two reportable segments such as Northern and Southern region. Its homebuilding operations include construction and sale of single-family residential homes on developed lots, which it develops or purchases ready for home construction. The Company also purchases undeveloped land to develop into developed lots for future construction of single-family homes and, on a limited basis, for sale to others. The Company's financial service operations support the homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations and are reported as an independent segment. The Company conducts financial services through its subsidiary, M/I Financial, LLC., which offers mortgage banking services for homebuyers.