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
Current SymbolNASDAQ:NMIH
Previous Symbol
CUSIPN/A
Phone855-530-6642
Debt
Debt-to-Equity Ratio0.22
Current Ratio0.29
Quick Ratio0.29
Price-To-Earnings
Trailing P/E Ratio36.30
Forward P/E Ratio13.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$182.74 million
Price / Sales7.51
Cash Flow$0.7618 per share
Price / Cash27.16
Book Value$9.96 per share
Price / Book2.08
Profitability
EPS (Most Recent Fiscal Year)$0.57
Net Income$22.05 million
Net Margins27.89%
Return on Equity15.86%
Return on Assets9.64%
Miscellaneous
Employees299
Outstanding Shares66,300,000
Market Cap$1.36 billion
OptionableOptionable
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) issued its quarterly earnings results on Tuesday, October, 30th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.05. The financial services provider had revenue of $71.76 million for the quarter. NMI had a return on equity of 15.86% and a net margin of 27.89%. 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 12 month price targets for NMI's shares. Their forecasts range from $21.00 to $28.00. On average, they anticipate NMI's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price. View Analyst Price Targets for NMI.
What is the consensus analysts' recommendation for NMI?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NMI in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NMI.
Has NMI been receiving favorable news coverage?
News articles about NMIH stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. NMI earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days.
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
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. (14.09%), Dimensional Fund Advisors LP (4.48%), Primecap Management Co. CA (3.42%), FMR LLC (3.04%), Renaissance Technologies LLC (2.86%) and Bank of New York Mellon Corp (1.50%). 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 FMR LLC, Baird Financial Group Inc., Canada Pension Plan Investment Board, First Trust Advisors LP, Russell Investments Group Ltd., JPMorgan Chase & Co., JPMorgan Chase & Co. and Gator Capital Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Cadence Capital Management LLC, Robeco Institutional Asset Management B.V., James Investment Research Inc., Primecap Management Co. CA, Renaissance Technologies LLC and Allianz Asset Management GmbH. 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 $20.69.
How big of a company is NMI?
NMI has a market capitalization of $1.36 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.
What is NMI's official website?
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.
