NMI Holdings Company Profile (NASDAQ:NMIH)

About NMI Holdings

NMI Holdings logoNMI Holdings, Inc. (NMIH) provides private mortgage guaranty insurance (MI) through its insurance subsidiaries. The Company's insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is an MI provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government-sponsored enterprises(GSEs)). The Company's reinsurance subsidiary, National Mortgage Reinsurance Inc One, provides reinsurance to NMIC on certain loans insured by NMIC. MI protects mortgage lenders from default-related losses on residential mortgage loans made to home buyers making down payments of less than 20% of the home's purchase price. The Company originates primary mortgage insurance coverage through its delegated and non-delegated underwriting programs. Its residential mortgage insurance products primarily provide first loss protection on loans originated by residential mortgage lenders and sold to the GSEs and on low down payment loans held by portfolio lenders.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Surety & Title Insurance
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: NMIH
  • CUSIP:
Key Metrics:
  • Previous Close: $10.95
  • 50 Day Moving Average: $10.81
  • 200 Day Moving Average: $9.04
  • 52-Week Range: $4.56 - $11.56
  • Trailing P/E Ratio: 10.14
  • Foreward P/E Ratio: 8.55
  • P/E Growth: 0.00
  • Market Cap: $647.64M
  • Outstanding Shares: 59,145,000
  • Beta: 0.65
Profitability:
  • Net Margins: -0.51%
  • Return on Equity: -0.13%
  • Return on Assets: -0.08%
Debt:
  • Debt-to-Equity Ratio: 0.34%
  • Current Ratio: 0.33%
  • Quick Ratio: 0.33%
Additional Links:
Companies Related to NMI Holdings:

Analyst Ratings

Consensus Ratings for NMI Holdings (NASDAQ:NMIH) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.17 (1.98% upside)

Analysts' Ratings History for NMI Holdings (NASDAQ:NMIH)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017FBR & CoBoost Price TargetOutperform$11.00 -> $12.00View Rating Details
1/5/2017BTIG ResearchBoost Price TargetBuy$11.00 -> $13.00View Rating Details
8/3/2016Keefe, Bruyette & WoodsSet Price TargetBuy$8.00 -> $8.50View Rating Details
4/27/2016Zelman & AssociatesUpgradeHold -> BuyView Rating Details
2/19/2016Compass PointBoost Price TargetBuy$9.00 -> $11.50View Rating Details
8/5/2015JMP SecuritiesUpgradeMarket Perform -> Outperform$6.79View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for NMI Holdings (NASDAQ:NMIH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
8/2/2016Q216($0.01)$0.03$24.79 million$29.50 millionViewN/AView Earnings Details
4/26/2016Q116($0.07)($0.07)$19.48 millionViewListenView Earnings Details
2/18/2016Q415($0.08)($0.08)$16.83 million$18.90 millionViewListenView Earnings Details
10/27/2015Q3($0.13)($0.08)$11.80 million$14.70 millionViewListenView Earnings Details
8/4/2015Q215($0.15)($0.18)$8.40 millionViewListenView Earnings Details
5/5/2015($0.20)($0.13)ViewListenView Earnings Details
2/19/2015($0.23)($0.17)ViewN/AView Earnings Details
11/7/2014($0.23)($0.19)ViewN/AView Earnings Details
8/7/2014Q2 14($0.25)($0.22)ViewN/AView Earnings Details
3/10/2014Q413($0.20)($0.23)$3.37 million$2.20 millionViewN/AView Earnings Details
11/20/2013Q313($0.25)$0.00 million$2.16 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NMI Holdings (NASDAQ:NMIH)
Current Year EPS Consensus Estimate: $0.75 EPS
Next Year EPS Consensus Estimate: $1.28 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161($0.04)($0.04)($0.04)
Q3 20162$0.02$0.07$0.05
Q4 20162$0.06$0.12$0.09
Q1 20171$0.16$0.16$0.16
Q2 20171$0.21$0.21$0.21
Q3 20171$0.28$0.28$0.28
Q4 20171$0.35$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Dividend History for NMI Holdings (NASDAQ:NMIH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for NMI Holdings (NASDAQ:NMIH)
Insider Ownership Percentage: 16.90%
Institutional Ownership Percentage: 79.52%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/26/2016James OzanneDirectorBuy5,000$7.92$39,600.00View SEC Filing  
8/3/2016James OzanneDirectorBuy5,000$6.78$33,900.00View SEC Filing  
6/16/2016James G. JonesDirectorBuy20,000$5.45$109,000.00View SEC Filing  
6/16/2016William J LeatherberryEVPBuy7,000$5.34$37,380.00View SEC Filing  
5/26/2016James OzanneDirectorBuy5,000$6.12$30,600.00View SEC Filing  
5/11/2016William J LeatherberryEVPBuy10,000$5.92$59,200.00View SEC Filing  
5/10/2016John Brandon OsmonInsiderSell2,062,800$6.30$12,995,640.00View SEC Filing  
5/2/2016Patrick L MathisEVPBuy20,000$6.28$125,600.00View SEC Filing  
3/16/2016William J LeatherberryEVPBuy10,000$5.06$50,600.00View SEC Filing  
2/24/2016Michael J. EmblerDirectorBuy10,000$4.90$49,000.00View SEC Filing  
2/23/2016Glenn Michael FarrellCFOBuy5,000$4.93$24,650.00View SEC Filing  
2/19/2016Glenn Michael FarrellCFOBuy5,000$5.07$25,350.00View SEC Filing  
12/8/2015James OzanneDirectorBuy10,000$7.09$70,900.00View SEC Filing  
12/7/2015William J LeatherberryEVPBuy10,000$6.97$69,700.00View SEC Filing  
12/4/2015James G JonesDirectorBuy22,800$7.14$162,792.00View SEC Filing  
11/13/2015William J LeatherberryEVPBuy3,675$7.25$26,643.75View SEC Filing  
11/12/2015Michael J EmblerDirectorBuy10,000$7.51$75,100.00View SEC Filing  
8/7/2015Glenn Michael FarrellCFOBuy10,000$8.58$85,800.00View SEC Filing  
6/16/2015James OzanneDirectorBuy10,000$8.07$80,700.00View SEC Filing  
5/11/2015Robert Hamilton Fore IIIVPSell1,224$7.81$9,559.44View SEC Filing  
5/8/2015James G JonesDirectorBuy12,000$7.90$94,800.00View SEC Filing  
4/28/2015Steven ScheidDirectorSell12,938$8.06$104,280.28View SEC Filing  
3/4/2015William J LeatherberryEVPBuy20,000$7.39$147,800.00View SEC Filing  
2/24/2015James OzanneDirectorBuy10,000$7.44$74,400.00View SEC Filing  
2/17/2015Bradley M ShusterCEOSell7,699$8.38$64,517.62View SEC Filing  
2/17/2015John M Sherwood JrPresidentSell3,771$8.38$31,600.98View SEC Filing  
2/13/2015Claudia J MerkleEVPSell1,465$8.47$12,408.55View SEC Filing  
12/10/2014James G JonesDirectorBuy20,000$8.62$172,400.00View SEC Filing  
11/17/2014James G JonesDirectorBuy25,000$9.28$232,000.00View SEC Filing  
11/10/2014Claudia J MerkleEVPSell537$9.64$5,176.68View SEC Filing  
6/3/2014James OzanneDirectorSell17,500$10.37$181,475.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for NMI Holdings (NASDAQ:NMIH)
DateHeadline
News IconNational MI’s Robin Logan, Jason Wroble named to local MBA Boards (NASDAQ:NMIH)
www.cuinsight.com - February 25 at 6:29 PM
finance.yahoo.com logoNMI HOLDINGS, INC. Financials (NASDAQ:NMIH)
finance.yahoo.com - February 23 at 6:55 PM
biz.yahoo.com logoNMI HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:NMIH)
biz.yahoo.com - February 23 at 6:55 PM
finance.yahoo.com logoNational MI's Robin Logan, Jason Wroble Named to Local MBA Boards (NASDAQ:NMIH)
finance.yahoo.com - February 23 at 8:55 AM
capitalcube.com logoNMI Holdings, Inc. :NMIH-US: Earnings Analysis: Q4, 2016 By the Numbers : February 22, 2017 (NASDAQ:NMIH)
www.capitalcube.com - February 22 at 6:56 PM
biz.yahoo.com logoNMI HOLDINGS, INC. Files SEC form 10-K, Annual Report (NASDAQ:NMIH)
biz.yahoo.com - February 17 at 4:31 PM
biz.yahoo.com logoQ4 2016 NMI Holdings Inc Earnings Release - After Market Close (NASDAQ:NMIH)
us.rd.yahoo.com - February 16 at 11:25 PM
biz.yahoo.com logoQ4 2016 NMI Holdings Inc Earnings Release - After Market Close (NASDAQ:NMIH)
us.rd.yahoo.com - February 16 at 11:25 PM
us.rd.yahoo.com logoNMI Holdings, Inc. Reports Fourth Quarter Net Income of $61.6 Million (NASDAQ:NMIH)
us.rd.yahoo.com - February 16 at 11:25 PM
us.rd.yahoo.com logoNMI Holdings, Inc. Reports Fourth Quarter Net Income of $61.6 Million (NASDAQ:NMIH)
us.rd.yahoo.com - February 16 at 11:25 PM
sg.finance.yahoo.com logoNMI Holdings posts 4Q profit (NASDAQ:NMIH)
sg.finance.yahoo.com - February 16 at 6:24 PM
biz.yahoo.com logoNMI HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NASDAQ:NMIH)
biz.yahoo.com - February 16 at 6:24 PM
finance.yahoo.com logoEdited Transcript of NMIH earnings conference call or presentation 15-Feb-17 10:00pm GMT (NASDAQ:NMIH)
finance.yahoo.com - February 16 at 6:24 PM
finance.yahoo.com logoNMI Holdings, Inc. Reduces Interest Rate and Extends Maturity of Term Loan (NASDAQ:NMIH)
finance.yahoo.com - February 10 at 7:47 PM
biz.yahoo.com logoNMI HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:NMIH)
biz.yahoo.com - February 10 at 7:47 PM
streetinsider.com logoNMI Holdings (NMIH) Announces Retirement of CFO Glenn Farrell; Adam Pollitzer Named to Succeed (NASDAQ:NMIH)
www.streetinsider.com - February 4 at 5:37 AM
finance.yahoo.com logoGlenn Farrell to Step Down as Chief Financial Officer of NMI Holdings, Inc. as of May 2017; Adam Pollitzer Named to Succeed Farrell as Next CFO (NASDAQ:NMIH)
finance.yahoo.com - February 3 at 7:36 PM
finance.yahoo.com logo8:02 am NMI Hldgs CFO Glenn Farrell to retire on July 31, 2017; Adam Pollitzer has been named to succeed Farrell as its next CFO effective May 2, 2017 (NASDAQ:NMIH)
finance.yahoo.com - February 3 at 7:36 PM
finance.yahoo.com logoNMI Holdings, Inc. to Announce Fourth Quarter 2016 Financial Results on February 15, 2017 (NASDAQ:NMIH)
finance.yahoo.com - January 19 at 11:10 PM
4-traders.com logoNMI : National MI Helps Mortgage Lenders Reach Out to Multicultural Home Buyers (NASDAQ:NMIH)
www.4-traders.com - January 17 at 7:11 PM
finance.yahoo.com logoNational MI Helps Mortgage Lenders Reach Out to Multicultural Home Buyers (NASDAQ:NMIH)
finance.yahoo.com - January 17 at 11:29 AM
marketexclusive.com logoAnalyst Activity – BTIG Research Raises Its Price Target On NMI Holdings (NASDAQ:NMIH) to (NASDAQ:NMIH)
marketexclusive.com - January 7 at 12:35 AM
finance.yahoo.com logoEnstar Group's Unit Adds Dana Companies to its Portfolio (NASDAQ:NMIH)
finance.yahoo.com - January 2 at 9:11 AM
zacks.com logoAllState's Fundamentals Strong, Low Interest Rate a Drag (NASDAQ:NMIH)
www.zacks.com - December 28 at 10:03 AM
zacks.com logoHCI Group Announces $20 Million Share Repurchase Program (NASDAQ:NMIH)
www.zacks.com - December 22 at 7:31 AM
zacks.com logoIs This the Right Time to Dump ProAssurance (PRA) Stock? (NASDAQ:NMIH)
www.zacks.com - December 20 at 12:51 PM
zacks.com logoUnum Group Affirms 2016 Outlook, Offers Guidance for 2017 (NASDAQ:NMIH)
www.zacks.com - December 19 at 9:33 AM
News IconEverest Re (RE) Growth Prospects Bright: Should You Buy? (NASDAQ:NMIH)
sports.yahoo.com - December 16 at 7:33 PM
News IconTraders are Taking a Closer Look at These Shares: Nmi Holdings Inc (NMIH) - Yankee Analysts (NASDAQ:NMIH)
yankeeanalysts.com - December 15 at 7:45 PM
zacks.com logoCincinnati Financial Poised for Growth Despite Cat Loss (NASDAQ:NMIH)
www.zacks.com - December 13 at 9:22 AM
News IconAverage Price Target for NMI Holdings Inc (NASDAQ:NMIH) is $10.38 - The Newburgh Press (NASDAQ:NMIH)
newburghpress.com - December 12 at 6:58 PM
News IconTrading Spotlight: Zooming in on Shares of Nmi Holdings Inc (NMIH) - Yankee Analysts (NASDAQ:NMIH)
yankeeanalysts.com - December 12 at 6:58 PM
News IconChecking the Numbers on Shares of Nmi Holdings Inc (NMIH) - StockTalk Daily (NASDAQ:NMIH)
stocktalkdaily.com - December 10 at 6:11 PM
News IconTraders are Keeping Track of Technicals on Shares of Nmi Holdings Inc (NMIH) - Yankee Analysts (NASDAQ:NMIH)
yankeeanalysts.com - December 9 at 8:19 PM
finance.yahoo.com logoProgressive Corp's Premiums Continue to Rise: Time to Hold? (NASDAQ:NMIH)
finance.yahoo.com - December 9 at 3:17 PM
finance.yahoo.com logoNational MI's Bradley Shuster Awarded with HousingWire 2016 Vanguard Award (NASDAQ:NMIH)
finance.yahoo.com - December 1 at 9:17 AM
insidermonkey.com logoHave Hedge Funds Uncovered A Hidden Gem in NMI Holdings Inc (NMIH)? (NASDAQ:NMIH)
www.insidermonkey.com - November 29 at 2:33 PM
finance.yahoo.com logoNMI Holdings, Inc. to Present at JP Morgan Fintech & Specialty Finance Forum (NASDAQ:NMIH)
finance.yahoo.com - November 22 at 6:36 PM
capitalcube.com logoNMI Holdings, Inc. :NMIH-US: Earnings Analysis: Q3, 2016 By the Numbers : November 21, 2016 (NASDAQ:NMIH)
www.capitalcube.com - November 21 at 11:43 AM
finance.yahoo.com logoW.R. Berkley Boosts Profile with New Cyber Risk Solution (NASDAQ:NMIH)
finance.yahoo.com - November 18 at 6:01 PM
finance.yahoo.com logoAllstate (ALL) Announces October Catastrophe Loss Estimate (NASDAQ:NMIH)
finance.yahoo.com - November 18 at 6:01 PM
finance.yahoo.com logoArgo Group and its Units Receive Rating Action from A.M. Best (NASDAQ:NMIH)
finance.yahoo.com - November 17 at 10:19 AM
finance.yahoo.com logoWhite Mountains Insurance and its Units Rated by A.M. Best (NASDAQ:NMIH)
finance.yahoo.com - November 16 at 10:07 AM
publicnow.com logoNational MI's Michael Dirrane Appointed by Massachusetts Governor Baker as Chairman of MassHousing (NASDAQ:NMIH)
www.publicnow.com - November 7 at 10:19 AM
finance.yahoo.com logoEdited Transcript of NMIH earnings conference call or presentation 1-Nov-16 8:30pm GMT (NASDAQ:NMIH)
finance.yahoo.com - November 2 at 9:58 AM
marketwired.com logoNMI Holdings, Inc. Reports Record Third Quarter Net Income of $6.2 Million (NASDAQ:NMIH)
www.marketwired.com - November 1 at 6:44 PM
sg.finance.yahoo.com logoNMI Holdings posts 3Q profit (NASDAQ:NMIH)
sg.finance.yahoo.com - November 1 at 6:44 PM
biz.yahoo.com logoQ3 2016 NMI Holdings Inc Earnings Release - After Market Close (NASDAQ:NMIH)
biz.yahoo.com - November 1 at 11:25 AM
capitalcube.com logoNMI Holdings, Inc. breached its 50 day moving average in a Bearish Manner : NMIH-US : October 28, 2016 (NASDAQ:NMIH)
www.capitalcube.com - October 28 at 10:06 AM
finance.yahoo.com logoNMI Holdings Investor Day Scheduled for November 18 in New York City, Guest Speaker Ivy Zelman Will Deliver Her 2017 Housing Outlook (NASDAQ:NMIH)
finance.yahoo.com - October 24 at 11:53 AM

Social

What is NMI Holdings' stock symbol?

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

Where is NMI Holdings' stock going? Where will NMI Holdings' stock price be in 2017?

4 brokerages have issued twelve-month target prices for NMI Holdings' shares. Their forecasts range from $8.50 to $13.00. On average, they expect NMI Holdings' stock price to reach $11.17 in the next twelve months.

When will NMI Holdings announce their earnings?

NMI Holdings is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns NMI Holdings stock?

NMI Holdings' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hayman Capital Management, LP (4.50%), FMR LLC (4.30%), Renaissance Technologies LLC (3.75%), Dimensional Fund Advisors LP (2.77%), State Street Corp (1.55%) and Old West Investment Management LLC (1.42%). Company insiders that own NMI Holdings stock include Glenn Michael Farrell, James G Jones, James Ozanne, John Brandon Osmon, Michael J Embler, Patrick L Mathis, Robert Hamilton Fore III, Steven Scheid and William J Leatherberry.

Who sold NMI Holdings stock? Who is selling NMI Holdings stock?

NMI Holdings' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Maltese Capital Management LLC, Oxford Asset Management, FMR LLC, Continental Advisors LLC, Old West Investment Management LLC, Dynamic Technology Lab Private Ltd and Ellington Management Group LLC.

Who bought NMI Holdings stock? Who is buying NMI Holdings stock?

NMI Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, Russell Investments Group Ltd., A.R.T. Advisors LLC, Friess Associates LLC, AQR Capital Management LLC and Teza Capital Management LLC. Company insiders that have bought NMI Holdings stock in the last two years include Glenn Michael Farrell, James G Jones, James Ozanne, Michael J Embler, Patrick L Mathis and William J Leatherberry.

How do I buy NMI Holdings stock?

Shares of NMI Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of NMI Holdings stock cost?

One share of NMI Holdings stock can currently be purchased for approximately $10.95.

NMI Holdings (NASDAQ:NMIH) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for NMI Holdings (NASDAQ:NMIH)

Earnings History Chart

Earnings by Quarter for NMI Holdings (NASDAQ:NMIH)

Dividend History Chart

Dividend Payments by Quarter for NMI Holdings (NASDAQ:NMIH)

Last Updated on 2/26/2017 by MarketBeat.com Staff