NASDAQ:NMIH - NMI Stock Price, Forecast & News

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

NMI Holdings Inc (NASDAQ:NMIH) posted its quarterly earnings results on Tuesday, February, 11th. The financial services provider reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.05. The financial services provider had revenue of $104.90 million for the quarter, compared to the consensus estimate of $104.11 million. NMI had a net margin of 45.40% and a return on equity of 21.67%. View NMI's Earnings History.

NMI is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for NMI.

8 brokers have issued 12-month price targets for NMI's stock. Their forecasts range from $33.00 to $41.00. On average, they anticipate NMI's stock price to reach $36.79 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. 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 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NMI.

Media coverage about NMIH stock has been trending negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NMI earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the near term. View News Stories for NMI.

NMI saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,270,000 shares, a decrease of 26.6% from the January 15th total of 1,730,000 shares. Based on an average daily volume of 495,100 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.9% of the shares of the stock are sold short. View NMI's Current Options Chain.

Some companies that are related to NMI include Old Republic International (ORI), Radian Group (RDN), Essent Group (ESNT), 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), Paycom Software (PAYC), Fortinet (FTNT), NextEra Energy (NEE), Advanced Micro Devices (AMD), Arch Capital Group (ACGL), Mastercard (MA), Verizon Communications (VZ), Veeva Systems (VEEV) and Adobe (ADBE).

NMI's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (6.47%), State Street Corp (3.16%), Eagle Asset Management Inc. (2.46%), Renaissance Technologies LLC (2.13%), FMR LLC (1.91%) and Boston Partners (1.84%). 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, Robert Owen Smith, 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 Oaktree Capital Management LP, Goldman Sachs Group Inc., FMR LLC, Alliancebernstein L.P., Marshall Wace North America L.P., Renaissance Technologies LLC, Mackay Shields LLC and First Trust Advisors LP. 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, Robert Owen Smith, 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 Driehaus Capital Management LLC, AQR Capital Management LLC, State Street Corp, Penserra Capital Management LLC, Great West Life Assurance Co. Can, Bank of Montreal Can, Cubist Systematic Strategies LLC and Charles Schwab Investment Management Inc.. 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 $28.48.

NMI has a market capitalization of $1.95 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.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]