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 Ratio0.28%
Current Ratio0.25%
Quick Ratio0.25%
Price-To-Earnings
Trailing P/E Ratio21.80
Forward P/E Ratio10.22
P/E GrowthN/A
Sales & Book Value
Annual Sales$182.74 million
Price / Sales4.99
Cash Flow$0.7580 per share
Price / Cash18.47
Book Value$8.48 per share
Price / Book1.65
Profitability
EPS (Most Recent Fiscal Year)$0.57
Net Income$22.05 million
Net Margins12.07%
Return on Equity7.89%
Return on Assets4.53%
Miscellaneous
Employees299
Outstanding Shares65,140,000
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 Thursday, February, 15th. The financial services provider reported $0.22 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.05. The financial services provider earned $54.54 million during the quarter, compared to the consensus estimate of $51.32 million. NMI had a net margin of 12.07% and a return on equity of 7.89%. NMI's revenue for the quarter was up 48.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 earnings per share. View NMI's Earnings History.
When is NMI's next earnings date?
What price target have analysts set for NMIH?
8 Wall Street analysts have issued 1-year price objectives for NMI's shares. Their forecasts range from $16.00 to $23.00. On average, they expect NMI's stock price to reach $20.3750 in the next year. 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. " (4/6/2018)
- 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?
Some companies that are related to NMI include Invesco Mortgage Capital (IVR), First Financial Bank (FFBC), Banner (BANR), Chesapeake Lodging (CHSP), Nationstar Mortgage (NSM), BancFirst (BANF), Waddell & Reed (WDR), Navigators Group (NAVG), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB), Select Income REIT (SIR), Northwest Bancshares (NWBI), Alexander & Baldwin (ALEX), PRA Group (PRAA), Heartland Financial USA (HTLF), LGI Homes (LGIH) and First National Financial (FN).
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, Chief Operating Officer (Age 59)
- Mr. Adam S. Pollitzer, CFO & Exec. VP (Age 38)
- Mr. Nicholas Ondrejka, Sr. VP & Chief Information Officer
- Mr. James R. McCourt, VP of Admin.
Has NMI been receiving favorable news coverage?
Media headlines about NMIH stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news 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 0.09 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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 $14.00.
How big of a company is NMI?
NMI has a market capitalization of $908.78 million 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.
NMI (NASDAQ:NMIH) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for NMI in the last 12 months. Their average twelve-month price target is $20.3750, suggesting that the stock has a possible upside of 45.54%. The high price target for NMIH is $23.00 and the low price target for NMIH is $16.00. There are currently 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 2.86 | 2.83 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $20.3750 | $22.1667 | $18.0833 | $13.6667 |
| Price Target Upside: | 45.54% upside | 4.31% upside | 4.53% upside | 2.37% upside |
NMI (NASDAQ:NMIH) Consensus Price Target History
NMI (NASDAQ:NMIH) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
NMI (NASDAQ:NMIH) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
NMI (NASDAQ NMIH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.70%
Institutional Ownership Percentage: 83.91%
NMI (NASDAQ NMIH) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/4/2017 | Claudia J. Merkle | COO | Sell | 15,000 | $17.80 | $267,000.00 | |  |
| 11/30/2017 | Patrick L. Mathis | EVP | Sell | 10,000 | $16.99 | $169,900.00 | | |
| 11/2/2017 | Julie Norberg | VP | Sell | 16,600 | $16.73 | $277,718.00 | 32,305 | |
| 8/29/2017 | William J. Leatherberry | EVP | Buy | 5,000 | $10.65 | $53,250.00 | | |
| 8/4/2017 | Bradley M. Shuster | CEO | Sell | 89,227 | $11.81 | $1,053,770.87 | | |
| 8/3/2017 | Bradley M. Shuster | CEO | Sell | 30,000 | $11.77 | $353,100.00 | | |
| 8/2/2017 | Bradley M. Shuster | CEO | Sell | 30,000 | $11.79 | $353,700.00 | | |
| 6/15/2017 | Regina Muehlhauser | Director | Buy | 10,000 | $11.03 | $110,300.00 | 21,578 | |
| 6/9/2017 | James G. Jones | Director | Sell | 10,000 | $11.25 | $112,500.00 | | |
| 8/26/2016 | James Ozanne | Director | Buy | 5,000 | $7.92 | $39,600.00 | | |
| 8/3/2016 | James Ozanne | Director | Buy | 5,000 | $6.78 | $33,900.00 | | |
| 6/16/2016 | James G. Jones | Director | Buy | 20,000 | $5.45 | $109,000.00 | | |
| 6/16/2016 | William J Leatherberry | EVP | Buy | 7,000 | $5.34 | $37,380.00 | 134,725 | |
| 5/26/2016 | James Ozanne | Director | Buy | 5,000 | $6.12 | $30,600.00 | 77,467 | |
| 5/11/2016 | William J Leatherberry | EVP | Buy | 10,000 | $5.92 | $59,200.00 | 127,725 | |
| 5/10/2016 | John Brandon Osmon | Insider | Sell | 2,062,800 | $6.30 | $12,995,640.00 | | |
| 5/2/2016 | Patrick L Mathis | EVP | Buy | 20,000 | $6.28 | $125,600.00 | 91,077 | |
| 3/16/2016 | William J Leatherberry | EVP | Buy | 10,000 | $5.06 | $50,600.00 | 117,725 | |
| 2/24/2016 | Michael J. Embler | Director | Buy | 10,000 | $4.90 | $49,000.00 | | |
| 2/23/2016 | Glenn Michael Farrell | CFO | Buy | 5,000 | $4.93 | $24,650.00 | | |
| 2/19/2016 | Glenn Michael Farrell | CFO | Buy | 5,000 | $5.07 | $25,350.00 | | |
| 12/8/2015 | James Ozanne | Director | Buy | 10,000 | $7.09 | $70,900.00 | 69,298 | |
| 12/7/2015 | William J Leatherberry | EVP | Buy | 10,000 | $6.97 | $69,700.00 | 33,626 | |
| 12/4/2015 | James G Jones | Director | Buy | 22,800 | $7.14 | $162,792.00 | 68,863 | |
| 11/13/2015 | William J Leatherberry | EVP | Buy | 3,675 | $7.25 | $26,643.75 | 33,626 | |
| 11/12/2015 | Michael J Embler | Director | Buy | 10,000 | $7.51 | $75,100.00 | 55,863 | |
| 8/7/2015 | Glenn Michael Farrell | CFO | Buy | 10,000 | $8.58 | $85,800.00 | | |
| 6/16/2015 | James Ozanne | Director | Buy | 10,000 | $8.07 | $80,700.00 | | |
| 5/11/2015 | Robert Hamilton Fore III | VP | Sell | 1,224 | $7.81 | $9,559.44 | | |
| 5/8/2015 | James G Jones | Director | Buy | 12,000 | $7.90 | $94,800.00 | | |
| 4/28/2015 | Steven Scheid | Director | Sell | 12,938 | $8.06 | $104,280.28 | | |
| 3/4/2015 | William J Leatherberry | EVP | Buy | 20,000 | $7.39 | $147,800.00 | | |
| 2/24/2015 | James Ozanne | Director | Buy | 10,000 | $7.44 | $74,400.00 | | |
| 2/17/2015 | Bradley M Shuster | CEO | Sell | 7,699 | $8.38 | $64,517.62 | | |
| 2/17/2015 | John M Sherwood Jr | President | Sell | 3,771 | $8.38 | $31,600.98 | | |
| 2/13/2015 | Claudia J Merkle | EVP | Sell | 1,465 | $8.47 | $12,408.55 | | |
| 12/10/2014 | James G Jones | Director | Buy | 20,000 | $8.62 | $172,400.00 | | |
| 11/17/2014 | James G Jones | Director | Buy | 25,000 | $9.28 | $232,000.00 | | |
| 11/10/2014 | Claudia J Merkle | EVP | Sell | 537 | $9.64 | $5,176.68 | | |
| 6/3/2014 | James Ozanne | Director | Sell | 17,500 | $10.37 | $181,475.00 | | |
(Data available from 1/1/2013 forward)
NMI (NASDAQ NMIH) News Headlines
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NMI (NASDAQ:NMIH) SEC Filings
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NMI (NASDAQ:NMIH) Income Statement, Balance Sheet and Cash Flow Statement
NMI (NASDAQ NMIH) Stock Chart for Friday, April, 20, 2018
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