Zacks Research Estimates NMI's Q3 Earnings (NASDAQ:NMIH)

Key Points

• Zacks Research has raised its Q3 2025 EPS estimate for NMI Holdings Inc to $1.20, up from $1.17, with expectations for FY2025 earnings at $4.91 EPS.
• NMI reported Q2 earnings of $1.22 per share, exceeding analysts' estimates, although revenue fell short with $149.07 million compared to the expected $173.39 million.
• Institutional investors hold 94.12% of NMI's stock, indicating strong institutional confidence in the company.

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Equities researchers at Zacks Research upped their Q3 2025 earnings estimates for shares of NMI in a research note issued to investors on Thursday, September 11th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $1.20 per share for the quarter, up from their previous estimate of $1.17. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q4 2025 earnings at $1.22 EPS, FY2025 earnings at $4.91 EPS, Q4 2026 earnings at $1.33 EPS, Q1 2027 earnings at $1.35 EPS and FY2027 earnings at $5.40 EPS.

NMIH has been the subject of several other research reports. Keefe, Bruyette & Woods downgraded NMI from an "outperform" rating to a "market perform" rating and lifted their price target for the stock from $42.00 to $43.00 in a research note on Monday, July 7th. Compass Point reaffirmed a "buy" rating and set a $37.00 price target (up previously from $34.00) on shares of NMI in a research note on Friday, May 23rd. JPMorgan Chase & Co. lifted their price target on NMI from $41.00 to $44.00 and gave the stock an "overweight" rating in a research note on Friday, July 11th. Barclays lifted their price target on NMI from $41.00 to $42.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. Finally, Wall Street Zen downgraded NMI from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, NMI currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.33.

NMI Price Performance

Shares of NASDAQ NMIH traded up $0.07 during trading on Monday, hitting $39.46. 1,027,385 shares of the company were exchanged, compared to its average volume of 301,815. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 1.14 and a beta of 0.55. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.74. NMI has a 1 year low of $31.90 and a 1 year high of $43.20. The firm's fifty day moving average price is $38.86 and its 200 day moving average price is $37.91.

NMI (NASDAQ:NMIH - Get Free Report) last issued its earnings results on Tuesday, July 29th. The financial services provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.16 by $0.06. The company had revenue of $149.07 million for the quarter, compared to analyst estimates of $173.39 million. NMI had a net margin of 55.57% and a return on equity of 16.51%. The business's revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.20 EPS.

Insiders Place Their Bets

In related news, Director Steven Scheid sold 19,926 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $39.31, for a total value of $783,291.06. Following the completion of the transaction, the director owned 78,960 shares of the company's stock, valued at approximately $3,103,917.60. The trade was a 20.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. raised its stake in NMI by 191.1% in the 2nd quarter. Osaic Holdings Inc. now owns 4,587 shares of the financial services provider's stock valued at $177,000 after purchasing an additional 3,011 shares during the last quarter. Kestra Investment Management LLC raised its stake in NMI by 1,520.4% in the 2nd quarter. Kestra Investment Management LLC now owns 5,412 shares of the financial services provider's stock valued at $228,000 after purchasing an additional 5,078 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in NMI by 4.1% in the 2nd quarter. Public Sector Pension Investment Board now owns 567,106 shares of the financial services provider's stock valued at $23,926,000 after buying an additional 22,383 shares during the period. CANADA LIFE ASSURANCE Co grew its holdings in NMI by 2.9% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 83,518 shares of the financial services provider's stock valued at $3,526,000 after buying an additional 2,362 shares during the period. Finally, Tower Research Capital LLC TRC grew its holdings in NMI by 151.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,261 shares of the financial services provider's stock valued at $475,000 after buying an additional 6,784 shares during the period. Institutional investors and hedge funds own 94.12% of the company's stock.

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.