Zacks Research Analysts Raise Earnings Estimates for NMI

NMI Holdings Inc (NASDAQ:NMIH - Free Report) - Stock analysts at Zacks Research upped their Q3 2025 EPS estimates for NMI in a report released on Wednesday, July 23rd. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $1.17 per share for the quarter, up from their previous estimate of $1.16. 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 $1.21 EPS, FY2025 earnings at $4.82 EPS, Q1 2026 earnings at $1.23 EPS, Q2 2026 earnings at $1.25 EPS, Q4 2026 earnings at $1.31 EPS, Q1 2027 earnings at $1.34 EPS, Q2 2027 earnings at $1.33 EPS and FY2027 earnings at $5.34 EPS.

NMI (NASDAQ:NMIH - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.18. The firm had revenue of $173.25 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.08 earnings per share.

Several other research firms also recently commented on NMIH. JPMorgan Chase & Co. boosted their target price on shares of NMI from $41.00 to $44.00 and gave the stock an "overweight" rating in a research report on Friday, July 11th. Wall Street Zen downgraded shares of NMI from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Keefe, Bruyette & Woods downgraded shares of NMI from an "outperform" rating to a "market perform" rating and upped their price objective for the stock from $42.00 to $43.00 in a research report on Monday, July 7th. Compass Point reaffirmed a "buy" rating and issued a $37.00 price objective (up from $34.00) on shares of NMI in a research report on Friday, May 23rd. Finally, Barclays upped their price objective on shares of NMI from $41.00 to $42.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $43.00.

NMI Stock Up 0.0%

Shares of NASDAQ:NMIH traded up $0.01 during midday trading on Thursday, hitting $38.07. 471,688 shares of the company's stock were exchanged, compared to its average volume of 489,471. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a 50 day moving average price of $39.77 and a 200-day moving average price of $37.29. The company has a market cap of $2.97 billion, a PE ratio of 8.22, a price-to-earnings-growth ratio of 1.16 and a beta of 0.55. NMI has a 12 month low of $31.90 and a 12 month high of $43.20.

Insider Transactions at NMI

In other NMI news, Chairman Bradley M. Shuster sold 21,545 shares of the business's stock in a transaction dated Friday, June 6th. The shares were 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 in the company, valued at $16,211,371.52. The trade was a 4.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Curry Montgomery sold 1,875 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $38.05, for a total transaction of $71,343.75. Following the completion of the transaction, the director owned 66,068 shares in the company, valued at approximately $2,513,887.40. The trade was a 2.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 113,697 shares of company stock valued at $4,210,337. Corporate insiders own 3.00% of the company's stock.

Institutional Trading of NMI

A number of institutional investors have recently modified their holdings of NMIH. Nuveen LLC purchased a new stake in shares of NMI during the 1st quarter valued at approximately $44,886,000. Millennium Management LLC lifted its stake in NMI by 209.9% in the 1st quarter. Millennium Management LLC now owns 1,432,950 shares of the financial services provider's stock worth $51,658,000 after purchasing an additional 970,551 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in NMI by 70.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 2,034,419 shares of the financial services provider's stock worth $73,341,000 after purchasing an additional 844,037 shares in the last quarter. Norges Bank purchased a new stake in shares of NMI during the 4th quarter valued at $13,174,000. Finally, Public Sector Pension Investment Board raised its position in shares of NMI by 176.2% during the 1st quarter. Public Sector Pension Investment Board now owns 544,723 shares of the financial services provider's stock valued at $19,637,000 after buying an additional 347,524 shares in the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

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.