NMI (NMIH) Stock Price, News & Analysis

Company Overview

NMI Holdings, Inc., through its principal subsidiary NewRez LLC, is a diversified residential mortgage company that originates, acquires and services mortgage loans across the United States. The firm operates multiple production channels—including retail, wholesale and correspondent—and offers purchase, refinancing and specialized loan programs designed to meet the needs of first-time buyers, move-up purchasers and investors. By combining in-house underwriting with advanced digital tools, NMI Holdings seeks to deliver a streamlined application experience for borrowers and a flexible platform for referral partners.

In addition to origination, NMI Holdings provides comprehensive servicing solutions for both performing and non-performing loans. Its servicing arm manages loan administration functions such as payment processing, escrow accounting, customer care and loss mitigation. The company also offers specialized subservicing services for financial institutions and investors seeking to outsource back-office operations. Through a network of regional offices and call centers, NMI Holdings supports borrowers across all 50 states, focusing on compliance, risk management and ongoing portfolio performance.

Since its initial public offering in 2012, NMI Holdings has grown through a combination of organic expansion and strategic acquisitions, including the integration of established servicing businesses that have broadened its product suite and investor base. Headquartered in Fort Washington, Pennsylvania, the company maintains a decentralized operating model that allows regional teams to adapt to local market conditions. Its technology investments emphasize data analytics, automated loan tracking and borrower self-service tools, aiming to enhance operational efficiency and customer satisfaction.

NMI Holdings’ management team is led by a seasoned executive group with extensive experience in mortgage banking, servicing, finance and regulatory compliance. Supported by a board of directors drawn from the banking, risk management and financial services industries, the company emphasizes strong governance and transparent reporting. As it continues to refine its service offerings and expand its geographic footprint, NMI Holdings seeks to maintain a balanced business mix between loan production and servicing portfolios.

Key Stats

• Today's Range: $38.61 to $39.83
• 50-Day Range: $36.38 to $43.14
• 52-Week Range: $31.90 to $43.20
• Volume: 79,162 shs
• Average Volume: 589,197 shs
• Market Capitalization: $3.05 billion
• P/E Ratio: 8.44
• Dividend Yield: N/A
• Price Target: $42.57
• Consensus Rating: Moderate Buy

NMI Stock Analysis - MarketRank™

NMI scored higher than 41% of companies evaluated by MarketBeat, and ranked 674th out of 903 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NMI has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NMI has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.09%

Earnings Growth

Earnings for NMI are expected to grow by 9.09% in the coming year, from $4.62 to $5.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NMI is 8.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.89.

Price to Earnings Ratio vs. Sector

The P/E ratio of NMI is 8.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.00.

Price to Earnings Growth Ratio

NMI has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NMI has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.42% of the float of NMI has been sold short.

Short Interest Ratio / Days to Cover

NMI has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NMI has recently increased by 5.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NMI does not currently pay a dividend.

Dividend Growth

NMI does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.42% of the float of NMI has been sold short.

Short Interest Ratio / Days to Cover

NMI has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NMI has recently increased by 5.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

NMI has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for NMI this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for NMIH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NMI insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,210,337.00 in company stock.

Percentage Held by Insiders

Only 3.00% of the stock of NMI is held by insiders.

Percentage Held by Institutions

94.12% of the stock of NMI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NMIH Stock Analysis - Frequently Asked Questions

How have NMIH shares performed this year?

NMI's stock was trading at $36.76 on January 1st, 2025. Since then, NMIH stock has increased by 8.9% and is now trading at $40.02.

How were NMI's earnings last quarter?

NMI Holdings Inc (NASDAQ:NMIH) issued its quarterly earnings data on Tuesday, April, 29th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.18. NMI's revenue was up 10.8% on a year-over-year basis.
Read the conference call transcript.

Who are NMI's major shareholders?

Top institutional shareholders of NMI include Gallacher Capital Management LLC (0.02%), Livforsakringsbolaget Skandia Omsesidigt (0.02%), Financiere des Professionnels Fonds d investissement inc. (0.01%) and Pallas Capital Advisors LLC (0.01%). Insiders that own company stock include Bradley M Shuster, Adam Pollitzer, William J Leatherberry, Robert Owen Smith, Michael Curry Montgomery, Michael J Embler, Mohammad Nawaz Yousaf, Norman Peter Fitzgerald, Nicholas Daniel Realmuto and James G Jones.
View institutional ownership trends.

How do I buy shares of NMI?

Shares of NMIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NMI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NMI investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 4/29/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: INS - PROP&CASLTY
• Sub-Industry: Insurance
• Current Symbol: NASDAQ:NMIH
• CIK: 1547903
• Web: www.nationalmi.com
• Phone: (855) 530-6642
• Fax: N/A
• Employees: 234
• Year Founded: 2011

Price Target and Rating

• Average Price Target for NMI: $42.57
• High Price Target: $47.00
• Low Price Target: $37.00
• Potential Upside/Downside: +10.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.63
• Trailing P/E Ratio: 8.40
• Forward P/E Ratio: 8.38
• P/E Growth: 1.39
• Net Income: $360.11 million
• Net Margins: 55.93%
• Pretax Margin: 71.89%
• Return on Equity: 17.27%
• Return on Assets: 11.46%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.74
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $650.97 million
• Price / Sales: 4.65
• Cash Flow: $4.52 per share
• Price / Cash Flow: 8.56
• Book Value: $28.02 per share
• Price / Book: 1.38

Miscellaneous

• Outstanding Shares: 78,120,000
• Free Float: 75,779,000
• Market Cap: $3.02 billion
• Optionable: Optionable
• Beta: 0.55