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
Stock Exchange NASDAQ
Industry Surety insurance
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:NMIH
CUSIPN/A
Phone855-530-6642
Debt
Debt-to-Equity Ratio0.23
Current Ratio0.27
Quick Ratio0.27
Price-To-Earnings
Trailing P/E Ratio39.21
Forward P/E Ratio14.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$182.74 million
Price / Sales8.04
Cash Flow$0.7245 per share
Price / Cash30.85
Book Value$8.48 per share
Price / Book2.64
Profitability
EPS (Most Recent Fiscal Year)$0.57
Net Income$22.05 million
Net Margins25.23%
Return on Equity13.46%
Return on Assets8.01%
Miscellaneous
Employees299
Outstanding Shares65,750,000
Market Cap$1.53 billion
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 Inc (NASDAQ:NMIH) released its quarterly earnings results on Wednesday, August, 1st. The financial services provider reported $0.40 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.35 by $0.05. The financial services provider earned $67.45 million during the quarter. NMI had a return on equity of 13.46% and a net margin of 25.23%. View NMI's Earnings History.
When is NMI's next earnings date?
What price target have analysts set for NMIH?
9 equities research analysts have issued twelve-month target prices for NMI's stock. Their forecasts range from $16.00 to $28.00. On average, they anticipate NMI's stock price to reach $23.2778 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for NMI.
What is the consensus analysts' recommendation for NMI?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NMI in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (9/18/2018)
- 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)
- Ms. Claudia J. Merkle, Pres (Age 59)
- Mr. Adam S. Pollitzer, Exec. VP & CFO (Age 38)
- Mr. Patrick Lee Mathis, Exec. VP of Operations & Information Technology (Age 58)
- Mr. Nicholas Ondrejka, Sr. VP & Chief Information Officer
Has NMI been receiving favorable news coverage?
Headlines about NMIH stock have been trending somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NMI earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for NMI.
Who are NMI's major shareholders?
NMI's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.82%), FMR LLC (5.23%), Dimensional Fund Advisors LP (4.55%), Renaissance Technologies LLC (2.76%), Bank of New York Mellon Corp (1.40%) and Bank of New York Mellon Corp (1.40%). Company insiders that own NMI stock include Adam Pollitzer, Bradley M Shuster, Claudia J Merkle, James G Jones, Julie Norberg, Patrick L Mathis, Regina Muehlhauser, 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 Fuller & Thaler Asset Management Inc., American Century Companies Inc., Baird Financial Group Inc., Dimensional Fund Advisors LP, Russell Investments Group Ltd., Royce & Associates LP, Bank of New York Mellon Corp and Bank of New York Mellon Corp. Company insiders that have sold NMI company stock in the last year include Adam Pollitzer, Bradley M Shuster, Claudia J Merkle, James G Jones, Julie Norberg, Patrick L Mathis, Steven Scheid and William J Leatherberry. View Insider Buying and Selling for NMI.
Which institutional investors are buying NMI stock?
NMIH stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Wells Fargo & Company MN, Emerald Mutual Fund Advisers Trust, First Trust Advisors LP, Canada Pension Plan Investment Board, Northern Trust Corp and FMR LLC. Company insiders that have bought NMI stock in the last two years include 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 $22.35.
How big of a company is NMI?
NMI has a market capitalization of $1.53 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 (NASDAQ 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.
