NASDAQ:NMIHNMI Stock Price, Forecast & News

NMI's stock was trading at $20.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NMIH shares have decreased by 30.8% and is now trading at $14.31. 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 3 hold ratings and 9 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) issued its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.03. The financial services provider earned $107.60 million during the quarter, compared to the consensus estimate of $106.08 million. NMI had a return on equity of 21.90% and a net margin of 48.69%. The business's revenue was up 32.7% compared to the same quarter last year. View NMI's earnings history.

12 Wall Street analysts have issued 1-year price objectives for NMI's stock. Their forecasts range from $18.00 to $38.00. On average, they anticipate NMI's share price to reach $26.77 in the next year. This suggests a possible upside of 87.1% from the stock's current price. View analysts' price targets for NMI.

Media headlines about NMIH stock have been trending somewhat positive on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. 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 news impact score of 1.3 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about NMI.

NMI saw a increase in short interest in 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 trading volume of 1,560,000 shares, the short-interest ratio is currently 2.0 days. Approximately 4.7% of the shares of the stock 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 many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.10%). 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $14.31.

NMI has a market capitalization of $985.53 million 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]