Zacks Research Issues Negative Estimate for NMI Earnings

NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) - Zacks Research cut their Q2 2025 EPS estimates for NMI in a research note issued to investors on Monday, May 19th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $1.13 per share for the quarter, down from their previous forecast of $1.14. 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 $1.15 EPS, FY2025 earnings at $4.73 EPS, Q2 2026 earnings at $1.23 EPS, Q3 2026 earnings at $1.22 EPS and FY2026 earnings at $4.94 EPS.

NMI (NASDAQ:NMIH - Get Free Report) last released 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 had a return on equity of 17.33% and a net margin of 55.32%. The business had revenue of $173.25 million during the quarter, compared to analyst estimates of $169.04 million. During the same quarter in the previous year, the firm posted $1.08 EPS. The business's revenue for the quarter was up 10.8% compared to the same quarter last year.

Several other brokerages also recently weighed in on NMIH. UBS Group cut their price objective on shares of NMI from $42.00 to $41.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. Compass Point reaffirmed a "buy" rating and set a $37.00 price target (up previously from $34.00) on shares of NMI in a report on Friday. Keefe, Bruyette & Woods decreased their price objective on NMI from $43.00 to $42.00 and set an "outperform" rating for the company in a report on Tuesday, April 8th. Wall Street Zen upgraded NMI from a "hold" rating to a "buy" rating in a research report on Monday, May 5th. Finally, JPMorgan Chase & Co. reduced their price target on NMI from $42.00 to $41.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $42.29.

NMI Stock Performance

Shares of NMIH traded up $0.19 during midday trading on Wednesday, hitting $37.96. 672,559 shares of the stock traded hands, compared to its average volume of 550,656. The business's 50 day moving average price is $35.70 and its two-hundred day moving average price is $36.63. The firm has a market capitalization of $2.97 billion, a PE ratio of 8.57, a price-to-earnings-growth ratio of 1.41 and a beta of 0.56. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60. NMI has a 1-year low of $31.60 and a 1-year high of $42.49.

Institutional Trading of NMI

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sound Income Strategies LLC bought a new stake in NMI during the first quarter worth approximately $25,000. Principal Securities Inc. lifted its position in shares of NMI by 66.5% during the 4th 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 during the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of NMI during the 1st quarter worth $33,000. Neo Ivy Capital Management bought a new stake in shares of NMI during the 1st quarter worth $47,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of NMI in the 1st quarter worth $48,000. 94.12% of the stock is currently owned by institutional investors.

Insider Activity

In other NMI news, CEO Adam Pollitzer sold 57,166 shares of the business's stock in a transaction dated 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 sale, the chief executive officer now directly owns 329,465 shares in the company, valued at approximately $12,038,651.10. The trade was a 14.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William J. Leatherberry sold 13,111 shares of the company's stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of $35.56, for a total transaction of $466,227.16. Following the completion of the sale, the insider now directly owns 163,796 shares of the company's stock, valued at $5,824,585.76. The trade was a 7.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 92,152 shares of company stock worth $3,358,017 over the last three months. Corporate 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.