NASDAQ:NMIHNMI Stock Price, Forecast & News

NMI's stock was trading at $20.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NMIH stock has decreased by 26.8% and is now trading at $15.15. 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 2 hold ratings and 10 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, August 5th 2020. View our earnings forecast for NMI.

NMI will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

NMI Holdings Inc (NASDAQ:NMIH) posted its quarterly earnings results on Wednesday, May, 6th. The financial services provider reported $0.75 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.03. The financial services provider had revenue of $107.60 million for the quarter, compared to analysts' expectations of $106.08 million. NMI had a net margin of 48.69% and a return on equity of 21.90%. The company's revenue for the quarter was up 32.7% on a year-over-year basis. View NMI's earnings history.

12 equities research analysts have issued 1 year price targets for NMI's shares. Their forecasts range from $18.00 to $38.00. On average, they anticipate NMI's stock price to reach $25.09 in the next year. This suggests a possible upside of 65.6% from the stock's current price. View analysts' price targets for NMI.

News stories about NMIH stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NMI earned a news impact score of -4.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the immediate future. View the latest news about NMI.

NMI saw a increase in short interest during the month of 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 trading volume, of 1,560,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 4.7% of the company's shares are short sold. 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."

NMI's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ellis Investment Partners LLC (0.14%), Envestnet Asset Management Inc. (0.10%) and Louisiana State Employees Retirement System (0.03%). 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.

NMIH stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Ellis Investment Partners LLC, and Louisiana State Employees Retirement System. View insider buying and selling activity 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 $15.15.

NMI has a market capitalization of $1.04 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]