What is Zacks Research's Estimate for NMI FY2025 Earnings?

Key Points

• Zacks Research has upgraded its FY2025 earnings per share (EPS) estimate for NMI Holdings Inc to $4.88, up from $4.82, while the current full-year consensus estimate stands at $4.62.
• Several analysts have adjusted their ratings on NMI, with JPMorgan increasing its price target from $41.00 to $44.00 and Barclays adjusting its target from $41.00 to $42.00.
• NMI reported a quarterly EPS of $1.22, surpassing expectations of $1.16, while its revenue for the quarter was $149.07 million, below analyst forecasts of $173.39 million.

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Analysts at Zacks Research raised their FY2025 earnings per share estimates for shares of NMI in a research note issued to investors on Monday, August 18th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $4.88 for the year, up from their prior forecast of $4.82. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q1 2026 earnings at $1.22 EPS and Q2 2027 earnings at $1.36 EPS.

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

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

NMI Trading Up 2.9%

Shares of NASDAQ:NMIH traded up $1.12 during midday trading on Wednesday, reaching $40.35. The company had a trading volume of 334,665 shares, compared to its average volume of 420,311. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.74 and a current ratio of 0.74. NMI has a 1-year low of $31.90 and a 1-year high of $43.20. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 8.57, a price-to-earnings-growth ratio of 1.13 and a beta of 0.57. The company has a fifty day simple moving average of $39.56 and a two-hundred day simple moving average of $37.44.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NMIH. Wells Fargo & Company MN raised its stake in shares of NMI by 2.1% in the 4th quarter. Wells Fargo & Company MN now owns 50,662 shares of the financial services provider's stock valued at $1,862,000 after acquiring an additional 1,033 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of NMI by 21.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 38,943 shares of the financial services provider's stock valued at $1,432,000 after acquiring an additional 6,759 shares in the last quarter. Bank of Montreal Can raised its stake in shares of NMI by 7.9% in the 4th quarter. Bank of Montreal Can now owns 12,011 shares of the financial services provider's stock valued at $442,000 after acquiring an additional 882 shares in the last quarter. Sterling Capital Management LLC raised its stake in shares of NMI by 786.1% in the 4th quarter. Sterling Capital Management LLC now owns 2,295 shares of the financial services provider's stock valued at $84,000 after acquiring an additional 2,036 shares in the last quarter. Finally, Capital World Investors raised its stake in shares of NMI by 21.1% in the 4th quarter. Capital World Investors now owns 1,150,000 shares of the financial services provider's stock valued at $42,274,000 after acquiring an additional 200,000 shares in the last quarter. 94.12% of the stock is owned by institutional investors.

Insider Buying and Selling at NMI

In related news, Chairman Bradley M. Shuster sold 21,545 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $39.56, for a total value of $852,320.20. Following the transaction, the chairman directly owned 409,792 shares of the company's stock, valued at approximately $16,211,371.52. This trade represents a 4.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.00% 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.