NMI (NMIH) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NMI in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NMIH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NMIH, but not buy additional shares or sell existing shares.
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6 equities research analysts have issued twelve-month target prices for NMI's stock. Their NMIH share price forecasts range from $20.00 to $30.00. On average, they anticipate the company's share price to reach $25.38 in the next year. This suggests that the stock has a possible downside of 2.8%.
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NMI's stock was trading at $20.90 at the start of the year. Since then, NMIH shares have increased by 24.9% and is now trading at $26.10.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our NMIH earnings forecast.

NMI Holdings, Inc. (NASDAQ:NMIH) issued its quarterly earnings data on Tuesday, May, 2nd. The financial services provider reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.02. The financial services provider earned $133.10 million during the quarter, compared to analyst estimates of $134.93 million. NMI had a net margin of 56.26% and a trailing twelve-month return on equity of 18.75%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the business posted $0.77 EPS.

ETFs with the largest weight of NMI (NASDAQ:NMIH) stock in their portfolio include Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Small Cap Value AlphaDEX Fund (FYT), iShares US Small Cap Value Factor ETF (SVAL), Royce Quant Small-Cap Quality Value ETF (SQLV), Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL), SPDR S&P Bank ETF (KBE) and First Trust Small Cap Core AlphaDEX Fund (FYX).

3 employees have rated NMI Chief Executive Officer Claudia Merkle on Glassdoor.com. Claudia Merkle has an approval rating of 100% among the company's employees. This puts Claudia Merkle in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other NMI investors own include Alibaba Group (BABA), Mastercard (MA), Paycom Software (PAYC), Fortinet (FTNT), Verizon Communications (VZ), NextEra Energy (NEE), NVIDIA (NVDA), Lululemon Athletica (LULU), PayPal (PYPL) and Veeva Systems (VEEV).

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

NMI's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.16%), Dimensional Fund Advisors LP (5.33%), Macquarie Group Ltd. (4.60%), FMR LLC (3.79%), State Street Corp (3.78%) and Frontier Capital Management Co. LLC (3.13%). Insiders that own company stock include Adam Pollitzer, Bradley M Shuster, Bradley M Shuster, Claudia J Merkle, Julie Norberg, Michael Curry Montgomery, Michael J Embler, Mohammad Nawaz Yousaf, Patrick L Mathis, Patrick L Mathis, William J Leatherberry and William J Leatherberry.
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Shares of NMIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NMIH stock can currently be purchased for approximately $26.10.

NMI (NASDAQ:NMIH) has a market capitalization of $2.17 billion and generates $523.34 million in revenue each year. The financial services provider earns $292.90 million in net income (profit) each year or $3.50 on an earnings per share basis.

The company employs 247 workers across the globe.

NMI's mailing address is 2100 POWELL STREET 12TH FLOOR, EMERYVILLE CA, 94608. The official website for the company is www.nationalmi.com. The financial services provider can be reached via phone at (855) 530-6642 or via email at john.swenson@nationalmi.com.