NMI Holdings, Inc. Expected to Earn Q1 2025 Earnings of $1.09 Per Share (NASDAQ:NMIH)

NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) - Research analysts at Zacks Research upped their Q1 2025 EPS estimates for shares of NMI in a report issued on Thursday, March 28th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $1.09 per share for the quarter, up from their previous estimate of $1.08. The consensus estimate for NMI's current full-year earnings is $4.04 per share.

A number of other equities research analysts have also issued reports on NMIH. JPMorgan Chase & Co. upped their target price on shares of NMI from $33.00 to $34.00 and gave the stock an "overweight" rating in a report on Thursday, February 15th. StockNews.com lowered shares of NMI from a "buy" rating to a "hold" rating in a report on Thursday, March 21st. UBS Group began coverage on shares of NMI in a report on Wednesday, December 6th. They set a "buy" rating and a $36.00 target price for the company. Royal Bank of Canada upped their target price on shares of NMI from $31.00 to $33.00 and gave the stock a "sector perform" rating in a report on Thursday, February 15th. Finally, Truist Financial upped their target price on shares of NMI from $34.00 to $36.00 and gave the stock a "buy" rating in a report on Thursday, February 15th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, NMI presently has a consensus rating of "Moderate Buy" and an average target price of $34.13.

NMI Price Performance

NASDAQ NMIH traded up $0.23 on Friday, hitting $32.34. The company had a trading volume of 558,285 shares, compared to its average volume of 552,627. NMI has a 12-month low of $21.38 and a 12-month high of $32.50. The company has a market capitalization of $2.61 billion, a PE ratio of 8.42, a PEG ratio of 1.19 and a beta of 1.06. The company's fifty day moving average price is $30.38 and its 200-day moving average price is $28.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.73 and a quick ratio of 0.73.

NMI (NASDAQ:NMIH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The financial services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.95 by $0.06. The company had revenue of $151.38 million during the quarter, compared to analyst estimates of $131.70 million. NMI had a net margin of 55.63% and a return on equity of 17.97%. The firm's revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 EPS.

Insider Activity

In other news, Chairman Bradley M. Shuster sold 6,559 shares of the business's stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $29.81, for a total transaction of $195,523.79. Following the transaction, the chairman now owns 453,298 shares of the company's stock, valued at approximately $13,512,813.38. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other NMI news, EVP Mohammad Nawaz Yousaf sold 1,117 shares of the company's stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $29.95, for a total value of $33,454.15. Following the transaction, the executive vice president now owns 32,909 shares of the company's stock, valued at $985,624.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Bradley M. Shuster sold 6,559 shares of the company's stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $29.81, for a total transaction of $195,523.79. Following the completion of the transaction, the chairman now directly owns 453,298 shares in the company, valued at approximately $13,512,813.38. The disclosure for this sale can be found here. In the last quarter, insiders have sold 145,158 shares of company stock valued at $4,395,582. 2.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NMIH. Norges Bank acquired a new position in NMI in the fourth quarter valued at about $18,362,000. State Street Corp lifted its position in shares of NMI by 15.8% during the first quarter. State Street Corp now owns 4,053,585 shares of the financial services provider's stock worth $83,585,000 after purchasing an additional 551,924 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of NMI by 10.4% during the first quarter. Dimensional Fund Advisors LP now owns 4,441,230 shares of the financial services provider's stock worth $99,171,000 after purchasing an additional 417,095 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of NMI by 88.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 859,955 shares of the financial services provider's stock worth $25,523,000 after purchasing an additional 402,793 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of NMI by 40.7% during the third quarter. Morgan Stanley now owns 1,022,943 shares of the financial services provider's stock worth $27,712,000 after purchasing an additional 295,742 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company's stock.

NMI Company Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.