NMI Stock Price, Forecast & Analysis (NASDAQ:NMIH)

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

NMI Holdings Inc (NASDAQ:NMIH) released its earnings results on Wednesday, November, 6th. The financial services provider reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.09. The financial services provider had revenue of $101.59 million for the quarter, compared to analyst estimates of $94.67 million. NMI had a return on equity of 20.63% and a net margin of 44.92%. View NMI's Earnings History.

NMI is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for NMI.

8 equities research analysts have issued 1 year price targets for NMI's stock. Their forecasts range from $25.00 to $36.00. On average, they expect NMI's share price to reach $31.43 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets for NMI.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NMI in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NMI.

News coverage about NMIH stock has been trending very positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. NMI earned a news impact score of 3.3 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for NMI.

NMI saw a decrease in short interest in October. As of October 31st, there was short interest totalling 1,080,000 shares, a decrease of 7.7% from the September 30th total of 1,170,000 shares. Based on an average daily trading volume, of 400,000 shares, the short-interest ratio is presently 2.7 days. Currently, 1.6% of the company's stock are short sold. View NMI's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other NMI investors own include Alibaba Group (BABA), Energy Transfer LP Unit (ET), NVIDIA (NVDA), Advanced Micro Devices (AMD), Mastercard (MA), Square (SQ), TAL Education Group (TAL), Adobe (ADBE), Fortinet (FTNT) and Huazhu Group (HTHT).

NMI's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Eagle Asset Management Inc. (2.47%), Carillon Tower Advisers Inc. (2.12%), One Tusk Investment Partners LP (0.50%), Rhumbline Advisers (0.29%), California Public Employees Retirement System (0.26%) and Russell Investments Group Ltd. (0.25%). Company insiders that own NMI stock include Adam Pollitzer, Bradley M Shuster, Claudia J Merkle, James G Jones, James Ozanne, Julie Norberg, Michael J Embler, Patrick L Mathis, 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 Robeco Institutional Asset Management B.V., Tealwood Asset Management Inc., Origin Asset Management LLP, First Trust Advisors LP, Chase Investment Counsel Corp, SignalPoint Asset Management LLC, Envestnet Asset Management Inc. and Calamos Advisors LLC. 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, Julie Norberg, Michael J Embler, Patrick L Mathis, Steven Scheid and William J Leatherberry. View Insider Buying and Selling for NMI.

NMIH stock was bought by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Carillon Tower Advisers Inc., One Tusk Investment Partners LP, State of New Jersey Common Pension Fund D, Beach Point Capital Management LP, California Public Employees Retirement System, First Quadrant L P CA and State of Alaska Department of Revenue. View Insider Buying and Selling 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 $34.09.

NMI has a market capitalization of $2.32 billion and generates $275.02 million in revenue each year. The financial services provider earns $107.92 million in net income (profit) each year or $1.66 on an earnings per share basis. NMI employs 308 workers across the globe.View Additional Information About NMI.

The official website for NMI is http://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]