NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance; reinsurance on loans; 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. The company was founded in 2011 and is headquartered in Emeryville, California.
Industry, Sector and Symbol
Industry Surety insurance
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:NMIH
CUSIPN/A
Phone855-530-6642
Debt
Debt-to-Equity Ratio0.24
Current Ratio0.68
Quick Ratio0.68
Price-To-Earnings
Trailing P/E Ratio30.09
Forward P/E Ratio11.75
P/E GrowthN/A
Sales & Book Value
Annual Sales$182.74 million
Price / Sales6.15
Cash Flow$0.7529 per share
Price / Cash22.78
Book Value$8.48 per share
Price / Book2.02
Profitability
EPS (Most Recent Fiscal Year)$0.57
Net Income$22.05 million
Net Margins18.96%
Return on Equity10.27%
Return on Assets5.99%
Miscellaneous
Employees299
Outstanding Shares65,570,000
NMI (NASDAQ:NMIH) Frequently Asked Questions
What is NMI's stock symbol?
NMI trades on the NASDAQ under the ticker symbol "NMIH."
How were NMI's earnings last quarter?
NMI Holdings (NASDAQ:NMIH) posted its quarterly earnings results on Tuesday, May, 1st. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The financial services provider had revenue of $59.55 million for the quarter. NMI had a net margin of 18.96% and a return on equity of 10.27%. View NMI's Earnings History.
When is NMI's next earnings date?
What price target have analysts set for NMIH?
8 analysts have issued 12-month target prices for NMI's shares. Their forecasts range from $16.00 to $23.00. On average, they expect NMI's stock price to reach $19.8750 in the next twelve months. View Analyst Ratings for NMI.
What are Wall Street analysts saying about NMI stock?
Here are some recent quotes from research analysts about NMI stock:
- 1. According to Zacks Investment Research, "NMI Holdings, Inc., through its subsidiaries, provides private mortgage insurance in the United States. NMI Holdings, Inc. is based in Emeryville, California. " (5/8/2018)
- 2. BTIG Research analysts commented, "Earned and Adj. ROE Highlight Strong 4Q17 Report If investors in shares of NMI Holdings (NMIH) were concerned that the expectations bar for the stock had been raised too high heading into the company’s 4Q17 report today after the stock appreciated by over 83% in just over five months, they need not have worried. The report was solid across the board and featured an adjusted earnings beat – $0.22 which exceeded the consensus estimate of $0.20 while matching our estimate – as well as record highs for new insurance written (NIW), net premiums earned and adjusted ROE." (2/18/2018)
Who are some of NMI's key competitors?
Who are NMI's key executives?
NMI's management team includes the folowing people:
- Mr. Bradley Mize Shuster, Chairman & CEO (Age 63)
- Mr. Adam S. Pollitzer, Exec. VP & CFO (Age 38)
- Ms. Claudia J. Merkle, Exec. VP & COO (Age 59)
- Mr. Nicholas Ondrejka, Sr. VP & Chief Information Officer
- Mr. James R. McCourt, VP of Admin.
Has NMI been receiving favorable news coverage?
Media stories about NMIH stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NMI earned a news impact score of 0.13 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 41.45 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are NMI's major shareholders?
NMI's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.76%), Dimensional Fund Advisors LP (4.61%), Next Century Growth Investors LLC (1.33%), Northern Trust Corp (0.98%), Stifel Financial Corp (0.80%) and Principal Financial Group Inc. (0.75%). Company insiders that own NMI stock include Bradley M Shuster, Claudia J Merkle, James G Jones, James Ozanne, Julie Norberg, Patrick L Mathis, Regina Muehlhauser and William J Leatherberry. View Institutional Ownership Trends for NMI.
Which major investors are selling NMI stock?
NMIH stock was sold by a variety of institutional investors in the last quarter, including Next Century Growth Investors LLC, WINTON GROUP Ltd, Dimensional Fund Advisors LP, Continental Advisors LLC, Chicago Equity Partners LLC, Old West Investment Management LLC, Group One Trading L.P. and Group One Trading L.P.. Company insiders that have sold NMI company stock in the last year include Bradley M Shuster, Claudia J Merkle, Julie Norberg and Patrick L Mathis. View Insider Buying and Selling for NMI.
Which major investors are buying NMI stock?
NMIH stock was bought by a variety of institutional investors in the last quarter, including Stifel Financial Corp, BlackRock Inc., Old Mutual Global Investors UK Ltd., American Century Companies Inc., Millennium Management LLC, A.R.T. Advisors LLC, Waterstone Capital Management L.P. and Citadel Advisors LLC. Company insiders that have bought NMI stock in the last two years include James Ozanne, Regina Muehlhauser and William J Leatherberry. View Insider Buying and Selling for NMI.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is NMI's stock price today?
One share of NMIH stock can currently be purchased for approximately $17.1250.
How big of a company is NMI?
NMI has a market capitalization of $1.13 billion and generates $182.74 million in revenue each year. The financial services provider earns $22.05 million in net income (profit) each year or $0.57 on an earnings per share basis. NMI employs 299 workers across the globe.
How can I contact NMI?
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]
MarketBeat Community Rating for NMI (NMIH)
MarketBeat's community ratings are surveys of what our community members think about NMI and other stocks. Vote "Outperform" if you believe NMIH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NMIH will underperform the S&P 500 over the long term. You may vote once every thirty days.
