Zacks Research Issues Negative Outlook for NMI Earnings

NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) - Analysts at Zacks Research dropped their Q2 2025 EPS estimates for shares of NMI in a research report issued on Monday, May 19th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $1.13 per share for the quarter, down from their prior estimate 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.

A number of other analysts have also weighed in on NMIH. Compass Point upped their target price on shares of NMI from $34.00 to $37.00 and gave the stock a "buy" rating in a report on Friday. Keefe, Bruyette & Woods decreased their target price on shares of NMI from $43.00 to $42.00 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. UBS Group decreased their price target on shares of NMI from $42.00 to $41.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. JPMorgan Chase & Co. decreased their price target on shares of NMI from $42.00 to $41.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Wall Street Zen raised shares of NMI from a "hold" rating to a "buy" rating in a report on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, NMI presently has an average rating of "Moderate Buy" and a consensus price target of $42.29.

NMI Price Performance

NMI stock traded up $0.19 during midday trading on Wednesday, reaching $37.96. 672,559 shares of the stock were exchanged, compared to its average volume of 549,943. The company's fifty day moving average is $35.70 and its 200-day moving average is $36.65. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60. The firm has a market cap of $2.97 billion, a PE ratio of 8.57, a PEG ratio of 1.41 and a beta of 0.56. NMI has a 52 week low of $31.60 and a 52 week high of $42.49.

NMI (NASDAQ:NMIH - Get Free Report) last posted its earnings results on Tuesday, April 29th. The financial services provider reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.18. The business had revenue of $173.25 million for the quarter, compared to analyst estimates of $169.04 million. NMI had a net margin of 55.32% and a return on equity of 17.33%. NMI's revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.08 EPS.

Insider Transactions at NMI

In related news, EVP Norman Peter Fitzgerald sold 20,000 shares of the stock in a transaction 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 owns 37,470 shares of the company's stock, valued at approximately $1,344,423.60. This trade represents a 34.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Curry Montgomery sold 1,875 shares of the stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $38.05, for a total transaction of $71,343.75. Following the transaction, the director now directly owns 66,068 shares in the company, valued at approximately $2,513,887.40. This represents a 2.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,152 shares of company stock valued at $4,075,617 in the last quarter. Insiders own 3.00% of the company's stock.

Hedge Funds Weigh In On NMI

Several institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC bought a new position in shares of NMI during the 1st quarter valued at $1,224,000. Jane Street Group LLC grew its holdings in shares of NMI by 1,312.9% during the 1st quarter. Jane Street Group LLC now owns 224,152 shares of the financial services provider's stock valued at $8,081,000 after purchasing an additional 208,287 shares during the last quarter. Caxton Associates LLP purchased a new stake in NMI during the 1st quarter valued at $428,000. Sciencast Management LP purchased a new stake in NMI during the 1st quarter valued at $529,000. Finally, Voleon Capital Management LP purchased a new stake in NMI during the 1st quarter valued at $218,000. Institutional investors own 94.12% 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.