NMI (NMIH) Stock Price, News & Analysis

Company Overview

NMI Holdings, Inc. (NASDAQ:NMIH) is a holding company whose principal operating subsidiary, National MI, provides private mortgage insurance in the United States. Mortgage insurance helps protect lenders and investors against losses when borrowers default on residential mortgage loans, enabling qualified borrowers to purchase homes with down payments below traditional requirements.

National MI primarily offers mortgage insurance for residential first-lien mortgages, including borrower-paid and lender-paid coverage. Its products are distributed through mortgage lenders, banks, credit unions and other lending institutions. The company also provides related risk-management and portfolio services designed to support lenders and the broader housing finance market.

National MI was established in 2012 and began operating as a mortgage insurer following the launch of its business in 2014. The company serves the U.S. residential housing market and focuses on helping lenders manage mortgage credit risk while expanding access to homeownership. NMI Holdings is headquartered in Emeryville, California.

Key Stats

• Today's Range: $37.92 to $39.05
• 50-Day Range: $37.32 to $45.71
• 52-Week Range: $34.84 to $46.74
• Volume: 1.02 million shs
• Average Volume: 705,505 shs
• Market Capitalization: $2.92 billion
• P/E Ratio: 7.64
• Dividend Yield: N/A
• Price Target: $49.14
• Consensus Rating: Moderate Buy

NMI Stock Analysis - MarketRank™

NMI scored higher than 79% of companies evaluated by MarketBeat, and ranked 231st out of 839 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: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NMI has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on no strong buy ratings, 5 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

NMI has a consensus price target of $49.14, representing about 26.6% upside from its current price of $38.83.

Amount of Analyst Coverage

NMI has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.57%

Earnings Growth

Earnings for NMI are expected to grow by 4.57% in the coming year, from $5.25 to $5.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NMI is 7.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of NMI is 7.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.42.

Price to Earnings Growth Ratio

NMI has a PEG Ratio of 1.05. 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 1.15. 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

2.69% 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 3.72, 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 8.72%, 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.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.48

News Sentiment

NMI has a news sentiment score of 0.48. 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 0.61 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for NMI this week, compared to 5 articles on an average week.

Company Ownership

• Score: 1.5 / 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 $8,800,740.00 in company stock.

Percentage Held by Insiders

2.44% 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.

Company Calendar

• Last Earnings: 7/30/2026
• Today: 10/04/2026
• Next Earnings (Estimated): 11/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Financial Services
• Sub-Industry: Commercial & Residential Mortgage Finance
• Current Symbol: NASDAQ:NMIH
• CIK: 1547903
• Web: www.nationalmi.com
• Phone: (855) 530-6642
• Fax: N/A
• Employees: 225
• Year Founded: 2011

Price Target and Rating

• Average Price Target for NMI: $49.14
• High Price Target: $54.00
• Low Price Target: $43.00
• Potential Upside/Downside: +26.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.08
• Trailing P/E Ratio: 7.64
• Forward P/E Ratio: 7.40
• P/E Growth: 1.05
• Net Income: $388.93 million
• Net Margins: 54.10%
• Pretax Margin: 69.34%
• Return on Equity: 15.13%
• Return on Assets: 10.21%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 0.65
• Quick Ratio: 0.65

Sales & Book Value

• Annual Sales: $706.44 million
• Price / Sales: 4.13
• Cash Flow: $5.18 per share
• Price / Cash Flow: 7.50
• Book Value: $33.72 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 75,220,000
• Free Float: 73,383,000
• Market Cap: $2.92 billion
• Optionable: Optionable
• Beta: 0.56