NASDAQ:NMIHNMI Stock Price, Forecast & News

NMI's stock was trading at $20.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NMIH shares have decreased by 25.6% and is now trading at $15.40. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NMI in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NMI.

NMI is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for NMI.

NMI Holdings Inc (NASDAQ:NMIH) released its earnings results on Wednesday, May, 6th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.03. The financial services provider earned $107.60 million during the quarter, compared to the consensus estimate of $106.08 million. NMI had a net margin of 48.69% and a return on equity of 21.90%. NMI's revenue for the quarter was up 32.7% compared to the same quarter last year. View NMI's earnings history.

11 analysts have issued 12 month price targets for NMI's stock. Their forecasts range from $17.00 to $38.00. On average, they expect NMI's share price to reach $27.15 in the next twelve months. This suggests a possible upside of 76.3% from the stock's current price. View analysts' price targets for NMI.

Press coverage about NMIH stock has trended extremely negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. NMI earned a daily sentiment score of -4.8 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutNMI.

Some companies that are related to NMI include Essent Group (ESNT), MGIC Investment (MTG), Radian Group (RDN), Assured Guaranty (AGO), Ambac Financial Group (AMBC), MBIA (MBI) and Syncora (SYCRF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NMI investors own include Alibaba Group (BABA), Fortinet (FTNT), Paycom Software (PAYC), NextEra Energy (NEE), Advanced Micro Devices (AMD), Arch Capital Group (ACGL), Energy Transfer LP Unit (ET), Mastercard (MA), NVIDIA (NVDA) and Verizon Communications (VZ).

NMI trades on the NASDAQ under the ticker symbol "NMIH."

NMI's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.22%), Primecap Management Co. CA (4.14%), Wellington Management Group LLP (3.65%), State Street Corp (3.29%), Eagle Asset Management Inc. (1.89%) and Carillon Tower Advisers Inc. (1.54%). Company insiders that own NMI stock include Adam Pollitzer, Bradley M Shuster, Claudia J Merkle, James G Jones, James Ozanne, Julie Norberg, Michael Curry Montgomery, Michael J Embler, Patrick L Mathis, Robert Owen Smith, Steven Scheid and William J Leatherberry. View institutional ownership trends for NMI.

NMIH stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Morgan Stanley, Morgan Stanley, Carillon Tower Advisers Inc., Eagle Asset Management Inc., Nuveen Asset Management LLC, APG Asset Management N.V., and APG Asset Management N.V.. Company insiders that have sold NMI company stock in the last year include Adam Pollitzer, Bradley M Shuster, Claudia J Merkle, James G Jones, James Ozanne, Michael Curry Montgomery, Michael J Embler, Robert Owen Smith, Steven Scheid, and William J Leatherberry. View insider buying and selling activity for NMI.

NMIH stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Primecap Management Co. CA, NFC Investments LLC, Ziegler Capital Management LLC, Citigroup Inc., Hillcrest Asset Management LLC, Wellington Management Group LLP, and Healthcare of Ontario Pension Plan Trust Fund. View insider buying and selling activity for NMI.

Shares of NMIH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NMIH stock can currently be purchased for approximately $15.40.

NMI has a market capitalization of $1.06 billion and generates $378.77 million in revenue each year. The financial services provider earns $171.96 million in net income (profit) each year or $2.62 on an earnings per share basis. NMI employs 308 workers across the globe.

The official website for NMI is www.nationalmi.com.

NMI's mailing address is 2100 POWELL STREET, EMERYVILLE CA, 94608. The financial services provider can be reached via phone at 855-530-6642 or via email at [email protected]