NMI (NMIH) Projected to Post Quarterly Earnings on Tuesday

NMI (NASDAQ:NMIH - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect NMI to post earnings of $1.09 per share and revenue of $169.04 million for the quarter.

NMI (NASDAQ:NMIH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.14 by ($0.07). NMI had a return on equity of 17.33% and a net margin of 55.32%. On average, analysts expect NMI to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

NMI Trading Down 1.5 %

NMIH traded down $0.50 during trading on Friday, reaching $33.40. The company had a trading volume of 693,438 shares, compared to its average volume of 536,548. The stock has a market cap of $2.61 billion, a P/E ratio of 7.54, a PEG ratio of 1.41 and a beta of 0.62. The business has a 50 day simple moving average of $34.93 and a 200-day simple moving average of $36.91. NMI has a 52 week low of $30.35 and a 52 week high of $42.49. The company has a quick ratio of 0.83, a current ratio of 0.60 and a debt-to-equity ratio of 0.19.

Insiders Place Their Bets

In other news, EVP Norman Peter Fitzgerald sold 20,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $35.88, for a total transaction of $717,600.00. Following the transaction, the executive vice president now directly owns 37,470 shares in the company, valued at approximately $1,344,423.60. This trade represents a 34.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $35.44, for a total transaction of $38,381.52. Following the transaction, the executive vice president now owns 49,218 shares in the company, valued at approximately $1,744,285.92. This represents a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.00% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on NMIH. Barclays downgraded NMI from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $48.00 to $41.00 in a research report on Monday, January 6th. Keefe, Bruyette & Woods lowered their price target on NMI from $43.00 to $42.00 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. UBS Group lowered their price target on NMI from $42.00 to $41.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. lowered their target price on shares of NMI from $42.00 to $41.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, NMI has an average rating of "Moderate Buy" and an average target price of $42.14.

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.