Zacks Research Has Positive Outlook of NMI FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 earnings estimate for NMI Holdings Inc to $4.92 per share, slightly above its previous forecast of $4.91.
• NMI reported $1.22 EPS for Q2, surpassing analysts' expectations of $1.16, although revenues fell short at $149.07 million compared to forecasts.
• The stock has received mixed analyst ratings, with four analysts rating it as a Buy, and the current average target price set at $42.33.

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Equities research analysts at Zacks Research increased their FY2025 earnings per share (EPS) estimates for shares of NMI in a research report issued on Thursday, October 9th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $4.92 per share for the year, up from their previous forecast of $4.91. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.35 EPS, FY2026 earnings at $5.10 EPS and FY2027 earnings at $5.44 EPS.

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

A number of other research firms have also recently weighed in on NMIH. Barclays reaffirmed a "cautious" rating on shares of NMI in a report on Monday. Wall Street Zen cut NMI from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Keefe, Bruyette & Woods cut NMI from an "outperform" rating to a "market perform" rating and upped their price target for the stock from $42.00 to $43.00 in a report on Monday, July 7th. JPMorgan Chase & Co. reduced their price target on NMI from $44.00 to $43.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of NMI in a report on Wednesday. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $42.33.

NMI Stock Performance

NASDAQ NMIH opened at $35.83 on Friday. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 7.61, a PEG ratio of 1.04 and a beta of 0.56. NMI has a twelve month low of $31.90 and a twelve month high of $43.20. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average of $38.82 and a 200 day moving average of $38.15.

Insider Activity

In other news, Director Steven Scheid sold 19,926 shares of NMI stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $39.31, for a total value of $783,291.06. Following the sale, the director directly owned 78,960 shares of the company's stock, valued at $3,103,917.60. The trade was a 20.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.00% of the stock is owned by corporate insiders.

Institutional Trading of NMI

A number of institutional investors have recently made changes to their positions in NMIH. Wealth Enhancement Advisory Services LLC boosted its stake in shares of 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 last quarter. GAMMA Investing LLC increased its holdings in shares of NMI by 7,260.6% in the first quarter. GAMMA Investing LLC now owns 56,382 shares of the financial services provider's stock valued at $2,033,000 after purchasing an additional 55,616 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of NMI in the first quarter valued at approximately $530,000. Integrated Advisors Network LLC acquired a new stake in shares of NMI in the first quarter valued at approximately $326,000. Finally, Assenagon Asset Management S.A. increased its holdings in shares of NMI by 70.9% in the first quarter. Assenagon Asset Management S.A. now owns 2,034,419 shares of the financial services provider's stock valued at $73,341,000 after purchasing an additional 844,037 shares during the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

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.

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