NASDAQ:NMIH NMI Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding NMI Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.41 -0.70 (-4.09 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$16.37Now: $16.41▼$17.6950-Day Range$15.57MA: $17.30▼$19.0752-Week Range$8.06Now: $16.41▼$35.79Volume499,284 shsAverage Volume1.15 million shsMarket Capitalization$1.39 billionP/E Ratio6.56Dividend YieldN/ABeta1.95 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingNMI has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, NMI has a forecasted upside of 52.3% from its current price of $16.41.Amount of Analyst CoverageNMI has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesNMI has received 361 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNMI has received 355 “underperform” votes. (Add your “underperform” vote.)Community SentimentNMI has received 50.42% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldNMI does not currently pay a dividend.Dividend GrowthNMI does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NMI insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.80% of the stock of NMI is held by insiders.Percentage Held by Institutions89.76% of the stock of NMI is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for NMI are expected to grow by 23.43% in the coming year, from $1.75 to $2.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NMI is 6.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.04.Price to Earnings Ratio vs. SectorThe P/E ratio of NMI is 6.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.65.Price to Book Value per Share RatioNMI has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.88 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Surety insurance Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:NMIH Previous Symbol CUSIPN/A CIK1547903 Webwww.nationalmi.com Phone855-530-6642Debt Debt-to-Equity Ratio0.31 Current Ratio1.99 Quick Ratio1.99Price-To-Earnings Trailing P/E Ratio6.56 Forward P/E Ratio9.38 P/E GrowthN/A Sales & Book Value Annual Sales$378.77 million Price / Sales3.67 Cash Flow$2.49 per share Price / Cash Flow6.60 Book Value$13.69 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)$2.62 Net Income$171.96 million Net Margins43.85% Return on Equity18.33% Return on Assets12.13%Miscellaneous Employees308 Outstanding Shares84,805,000Market Cap$1.39 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $16.41 -0.70 (-4.09 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive NMIH News and Ratings via Email Sign-up to receive the latest news and ratings for NMIH and its competitors with MarketBeat's FREE daily newsletter. NMI (NASDAQ:NMIH) Frequently Asked Questions How has NMI's stock price been impacted by COVID-19? NMI's stock was trading at $20.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NMIH stock has decreased by 20.7% and is now trading at $16.41. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of NMI? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NMI in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NMI. When is NMI's next earnings date? NMI is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for NMI. How were NMI's earnings last quarter? NMI Holdings Inc (NASDAQ:NMIH) posted its quarterly earnings results on Wednesday, August, 5th. The financial services provider reported $0.40 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.08. The financial services provider had revenue of $107.95 million for the quarter, compared to analysts' expectations of $107.09 million. NMI had a return on equity of 18.33% and a net margin of 43.85%. View NMI's earnings history. What price target have analysts set for NMIH? 12 Wall Street analysts have issued 12 month target prices for NMI's shares. Their forecasts range from $18.00 to $38.00. On average, they anticipate NMI's share price to reach $25.00 in the next year. This suggests a possible upside of 52.3% from the stock's current price. View analysts' price targets for NMI. Are investors shorting NMI? NMI saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,970,000 shares, a decrease of 15.1% from the August 15th total of 3,500,000 shares. Based on an average daily trading volume, of 1,070,000 shares, the days-to-cover ratio is currently 2.8 days. View NMI's Short Interest. Who are some of NMI's key competitors? Some companies that are related to NMI include Old Republic International (ORI), Essent Group (ESNT), MGIC Investment (MTG), Radian Group (RDN), Assured Guaranty (AGO), Ambac Financial Group (AMBC), Ambac Financial Group (AMBC), MBIA (MBI), Syncora (SYCRF), ACMAT (ACMTA) and American Overseas Group (AOREF). View all competitors. What other stocks do shareholders of NMI own? 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), Mastercard (MA), Advanced Micro Devices (AMD), Paypal (PYPL), NVIDIA (NVDA), Veeva Systems (VEEV) and Verizon Communications (VZ). Who are NMI's key executives? NMI's management team includes the following people: Mr. Bradley Mize Shuster, Exec. Chairman (Age 64)Ms. Claudia J. Merkle, CEO & Director (Age 60)Mr. Adam S. Pollitzer, Chief Financial Officer (Age 39)Mr. Patrick Lee Mathis, Exec. VP & COO (Age 59)Mr. William J. Leatherberry, Exec. VP, Chief Legal Officer, Gen. Counsel & Sec. (Age 48) What is NMI's stock symbol? NMI trades on the NASDAQ under the ticker symbol "NMIH." Who are NMI's major shareholders? NMI's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.34%), Goldman Sachs Group Inc. (5.73%), FMR LLC (2.72%), Macquarie Group Ltd. (1.76%), Principal Financial Group Inc. (1.68%) and Principal Financial Group Inc. (1.36%). Company insiders that own NMI stock include Adam Pollitzer, Bradley M Shuster, Claudia J Merkle, James G Jones, James Ozanne, Julie Norberg, Michael Curry Montgomery, Michael J Embler, Patrick L Mathis, Robert Owen Smith, Steven Scheid and William J Leatherberry. View institutional ownership trends for NMI. Which institutional investors are selling NMI stock? NMIH stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, WINTON GROUP Ltd, Nuveen Asset Management LLC, First Trust Advisors LP, Engineers Gate Manager LP, Ninety One UK Ltd, Baird Financial Group Inc., and First Quadrant L P CA. 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, Michael Curry Montgomery, Michael J Embler, Robert Owen Smith, Steven Scheid, and William J Leatherberry. View insider buying and selling activity for NMI. Which institutional investors are buying NMI stock? NMIH stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FMR LLC, Point72 Asset Management L.P., Driehaus Capital Management LLC, Russell Investments Group Ltd., Macquarie Group Ltd., Principal Financial Group Inc., and Principal Financial Group Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is NMI's stock price today? One share of NMIH stock can currently be purchased for approximately $16.41. How big of a company is NMI? NMI has a market capitalization of $1.39 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. What is NMI's official website? The official website for NMI is www.nationalmi.com. How can I contact NMI? NMI's mailing address is 2100 POWELL STREET 12TH FLOOR, EMERYVILLE CA, 94608. The financial services provider can be reached via phone at 855-530-6642 or via email at [email protected] This page was last updated on 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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