Zacks Research Brokers Increase Earnings Estimates for NMI

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Research analysts at Zacks Research raised their Q2 2025 EPS estimates for NMI in a report issued on Tuesday, June 24th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $1.15 per share for the quarter, up from their previous estimate of $1.13. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q3 2025 earnings at $1.16 EPS, Q1 2026 earnings at $1.24 EPS and Q1 2027 earnings at $1.35 EPS.

Several other analysts have also issued reports on the company. Keefe, Bruyette & Woods cut their target price on NMI from $43.00 to $42.00 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. Wall Street Zen raised shares of NMI from a "hold" rating to a "buy" rating in a research note on Monday, May 5th. Compass Point reiterated a "buy" rating and issued a $37.00 target price (up previously from $34.00) on shares of NMI in a research report on Friday, May 23rd. Finally, JPMorgan Chase & Co. lowered their price target 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. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $42.29.

NMI Stock Performance

Shares of NASDAQ NMIH opened at $42.24 on Friday. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 9.12, a P/E/G ratio of 1.41 and a beta of 0.55. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.18. NMI has a 1-year low of $31.90 and a 1-year high of $42.49. The stock's 50-day moving average is $38.22 and its 200 day moving average is $36.88.

NMI (NASDAQ:NMIH - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.18. NMI had a return on equity of 17.27% and a net margin of 55.93%. The business had revenue of $173.25 million for the quarter, compared to the consensus estimate of $169.04 million. During the same quarter last year, the business posted $1.08 earnings per share. The company's revenue for the quarter was up 10.8% on a year-over-year basis.

Institutional Investors Weigh In On NMI

A number of large investors have recently made changes to their positions in the business. Principal Securities Inc. raised its holdings in shares of NMI by 66.5% during the fourth quarter. Principal Securities Inc. now owns 716 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 286 shares in the last quarter. New York State Common Retirement Fund raised its holdings in NMI by 196.3% in the 4th quarter. New York State Common Retirement Fund now owns 75,013 shares of the financial services provider's stock worth $2,757,000 after purchasing an additional 49,700 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in NMI by 15.6% in the 4th quarter. Handelsbanken Fonder AB now owns 19,300 shares of the financial services provider's stock worth $709,000 after purchasing an additional 2,600 shares in the last quarter. Illinois Municipal Retirement Fund lifted its position in shares of NMI by 1.3% in the 4th quarter. Illinois Municipal Retirement Fund now owns 44,032 shares of the financial services provider's stock worth $1,619,000 after purchasing an additional 566 shares during the period. Finally, Versor Investments LP boosted its stake in shares of NMI by 6.7% during the 4th quarter. Versor Investments LP now owns 22,311 shares of the financial services provider's stock valued at $820,000 after purchasing an additional 1,400 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NMI

In related news, Chairman Bradley M. Shuster sold 21,545 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $39.56, for a total transaction of $852,320.20. Following the transaction, the chairman now owns 409,792 shares in the company, valued at $16,211,371.52. The trade was a 4.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Adam Pollitzer sold 57,166 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $36.54, for a total value of $2,088,845.64. Following the transaction, the chief executive officer now directly owns 329,465 shares of the company's stock, valued at $12,038,651.10. The trade was a 14.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold 113,697 shares of company stock valued at $4,210,337 in the last quarter. Company insiders own 3.00% of the company's stock.

About NMI

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.

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