Zacks Research Predicts NMI's Q2 Earnings (NASDAQ:NMIH)

Key Points

• Analysts at Zacks Research have raised their Q2 2026 earnings estimate for NMI Holdings Inc to $1.25 per share, up from the previous estimate of $1.24.
• NMI reported a quarterly EPS of $1.22 in its last earnings announcement, exceeding analyst expectations of $1.16, with revenues increasing by 7.2% year-over-year.
• The stock currently has a consensus rating of "Moderate Buy" from analysts, with a target price set at $42.33.

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Stock analysts at Zacks Research lifted their Q2 2026 earnings estimates for NMI in a research report issued to clients and investors on Thursday, October 9th. Zacks Research analyst Team now anticipates that the financial services provider will earn $1.25 per share for the quarter, up from their prior estimate of $1.24. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q1 2027 earnings at $1.36 EPS and Q2 2027 earnings at $1.37 EPS.

NMI (NASDAQ:NMIH - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.06. The business had revenue of $149.07 million during 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 firm's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.20 earnings per share.

Several other research firms have also issued reports on NMIH. Weiss Ratings reissued a "buy (b)" rating on shares of NMI in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of NMI from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. JPMorgan Chase & Co. dropped their price target on shares of NMI from $44.00 to $43.00 and set an "overweight" rating for the company in a research report on Tuesday, October 7th. Barclays reissued a "cautious" rating on shares of NMI in a research report on Monday, October 6th. Finally, Keefe, Bruyette & Woods lowered shares of NMI from an "outperform" rating to a "market perform" rating and increased their price target for the stock from $42.00 to $43.00 in a research report on Monday, July 7th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $42.33.

NMI Stock Down 1.0%

Shares of NMIH opened at $35.47 on Monday. NMI has a 52 week low of $31.90 and a 52 week high of $43.20. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $2.75 billion, a P/E ratio of 7.53, a P/E/G ratio of 1.02 and a beta of 0.56. The company has a 50-day simple moving average of $38.78 and a 200-day simple moving average of $38.17.

Insiders Place Their Bets

In other NMI news, Director Steven Scheid sold 19,926 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $39.31, for a total transaction of $783,291.06. Following the sale, the director directly owned 78,960 shares of the company's stock, valued at approximately $3,103,917.60. This represents a 20.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.00% of the company's stock.

Institutional Trading of NMI

Several large investors have recently added to or reduced their stakes in the company. American Century Companies Inc. grew its stake in NMI by 5.4% during the second quarter. American Century Companies Inc. now owns 2,249,799 shares of the financial services provider's stock worth $94,919,000 after buying an additional 115,854 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of NMI by 0.3% during the second quarter. Geode Capital Management LLC now owns 1,966,970 shares of the financial services provider's stock valued at $82,996,000 after purchasing an additional 5,628 shares during the last quarter. Millennium Management LLC grew its stake in shares of NMI by 209.9% during the first quarter. Millennium Management LLC now owns 1,432,950 shares of the financial services provider's stock valued at $51,658,000 after purchasing an additional 970,551 shares during the last quarter. Nuveen LLC bought a new stake in shares of NMI during the first quarter valued at approximately $44,886,000. Finally, Frontier Capital Management Co. LLC grew its stake in shares of NMI by 3.9% during the second quarter. Frontier Capital Management Co. LLC now owns 1,119,957 shares of the financial services provider's stock valued at $47,251,000 after purchasing an additional 42,436 shares during the last quarter. 94.12% of the stock is owned by institutional investors.

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.

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