Zacks Research Has Positive Outlook for NMI FY2025 Earnings

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Analysts at Zacks Research raised their FY2025 EPS estimates for NMI in a research note issued on Tuesday, June 24th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $4.78 for the year, up from their prior estimate of $4.73. 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 $1.19 EPS, Q3 2026 earnings at $1.21 EPS, Q4 2026 earnings at $1.25 EPS and FY2026 earnings at $4.93 EPS.

A number of other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of NMI from $42.00 to $41.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Compass Point reiterated a "buy" rating and set a $37.00 price objective (up from $34.00) on shares of NMI in a report on Friday, May 23rd. Keefe, Bruyette & Woods reduced their price objective on shares of NMI from $43.00 to $42.00 and set an "outperform" rating for the company in a report on Tuesday, April 8th. Finally, Wall Street Zen upgraded shares of NMI from a "hold" rating to a "buy" rating in a report on Monday, May 5th. Two investment 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, NMI currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.29.

NMI Stock Down 0.1%

NASDAQ:NMIH traded down $0.05 during trading hours on Thursday, reaching $42.19. The company had a trading volume of 810,372 shares, compared to its average volume of 559,765. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.18. The firm has a market cap of $3.30 billion, a price-to-earnings ratio of 9.11, a P/E/G ratio of 1.43 and a beta of 0.55. The business's 50-day simple moving average is $38.39 and its two-hundred day simple moving average is $36.89. NMI has a twelve month low of $31.90 and a twelve month high of $42.49.

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

Institutional Trading of NMI

Hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new stake in NMI in the first quarter worth about $530,000. GAMMA Investing LLC raised its position in NMI by 7,260.6% in the first quarter. GAMMA Investing LLC now owns 56,382 shares of the financial services provider's stock worth $2,033,000 after acquiring an additional 55,616 shares during the period. Assetmark Inc. raised its position in NMI by 12.6% in the fourth quarter. Assetmark Inc. now owns 88,010 shares of the financial services provider's stock worth $3,235,000 after acquiring an additional 9,842 shares during the period. Charles Schwab Investment Management Inc. raised its position in NMI by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,075,428 shares of the financial services provider's stock worth $39,533,000 after acquiring an additional 11,347 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in NMI by 5.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,051 shares of the financial services provider's stock worth $222,000 after acquiring an additional 325 shares during the period. Institutional investors own 94.12% of the company's stock.

Insider Activity

In other NMI news, insider William J. Leatherberry sold 13,111 shares of NMI stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of $35.56, for a total value of $466,227.16. Following the sale, the insider now owns 163,796 shares of the company's stock, valued at approximately $5,824,585.76. The trade was a 7.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Adam Pollitzer sold 57,166 shares of NMI stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $36.54, for a total transaction of $2,088,845.64. Following the completion of the sale, the chief executive officer now directly owns 329,465 shares in the company, valued at approximately $12,038,651.10. This represents a 14.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold 113,697 shares of company stock worth $4,210,337 over the last three months. 3.00% of the stock is currently owned by insiders.

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.