NASDAQ:NMIHNMI Stock Price, Forecast & News

NMI's stock was trading at $20.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NMIH stock has decreased by 24.1% and is now trading at $15.70. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NMI in the last year. There are currently 3 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 quarterly earnings results on Wednesday, May, 6th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.03. The financial services provider had revenue of $107.60 million for the quarter, compared to analyst estimates of $106.08 million. NMI had a return on equity of 21.90% and a net margin of 48.69%. The firm's revenue for the quarter was up 32.7% on a year-over-year basis. View NMI's earnings history.

12 brokers have issued 1 year price objectives for NMI's shares. Their forecasts range from $18.00 to $38.00. On average, they anticipate NMI's stock price to reach $26.77 in the next year. This suggests a possible upside of 70.5% from the stock's current price. View analysts' price targets for NMI.

Media coverage about NMIH stock has trended negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. NMI earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about NMI.

NMI saw a increase in short interest in June. As of June 30th, there was short interest totaling 3,190,000 shares, an increase of 50.5% from the June 15th total of 2,120,000 shares. Based on an average daily volume of 1,560,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 4.7% of the shares of the stock are sold short. View NMI's Current Options Chain.

Some companies that are related to NMI include Essent Group (ESNT), Radian Group (RDN), MGIC Investment (MTG), 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."

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 $15.70.

NMI has a market capitalization of $1.08 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]