NMI (NMIH) Stock Price, News & Analysis

Company Overview

NMI Holdings, Inc. (NASDAQ: NMIH) is a U.S.-based mortgage insurance company that underwrites primary and reinsures mortgage insurance for residential mortgage loans. The company operates through its subsidiaries National Mortgage Insurance Corporation and NMI Mortgage Insurance Company, offering credit enhancement solutions designed to protect lenders and investors from borrower default risk. NMI’s offerings support loans insured by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), U.S. Department of Agriculture (USDA) and conventional mortgage programs.

The company’s product suite includes traditional primary mortgage insurance policies for high loan‐to‐value conventional loans as well as government‐guaranteed products for FHA, VA and USDA originations. In addition to its primary MI solutions, NMI provides co‐insurance and risk‐sharing programs that enable lenders to retain a portion of the mortgage risk while transferring the remainder to NMI. This diversified set of offerings aims to give lenders flexible risk management tools across different loan types and borrower profiles.

NMI’s operations span all 50 states, operating under approvals from major governmental and housing finance agencies, including the FHA, VA, USDA, Fannie Mae and Freddie Mac. The company prides itself on its data analytics and technology infrastructure, which support automated underwriting capabilities and streamlined policy issuance. By leveraging advanced loss forecasting and collateral valuation models, NMI seeks to enhance risk assessment accuracy for its mortgage insurance portfolio.

Founded in 2012, NMI went public in early 2020 to support its growth strategy and expand its product offerings. The firm is led by President and Chief Executive Officer Ryan G. Schraeder, who has overseen its development from a regional mortgage insurer into a national provider of primary and reinsuring MI solutions. Under his leadership, NMI continues to focus on disciplined risk management, operational efficiency and strategic partnerships with lenders nationwide.

Key Stats

• Today's Range: $37.81 to $38.69
• 50-Day Range: $37.22 to $43.14
• 52-Week Range: $31.90 to $43.20
• Volume: 590,467 shs
• Average Volume: 557,968 shs
• Market Capitalization: $2.97 billion
• P/E Ratio: 8.21
• Dividend Yield: N/A
• Price Target: $43.00
• Consensus Rating: Moderate Buy

NMI Stock Analysis - MarketRank™

NMI scored higher than 65% of companies evaluated by MarketBeat, and ranked 481st out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NMI has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NMI has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.09%

Earnings Growth

Earnings for NMI are expected to grow by 9.09% in the coming year, from $4.62 to $5.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NMI is 8.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of NMI is 8.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.17.

Price to Earnings Growth Ratio

NMI has a PEG Ratio of 1.28. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NMI has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.63% of the float of NMI has been sold short.

Short Interest Ratio / Days to Cover

NMI has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NMI has recently increased by 8.65%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NMI does not currently pay a dividend.

Dividend Growth

NMI does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.63% of the float of NMI has been sold short.

Short Interest Ratio / Days to Cover

NMI has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NMI has recently increased by 8.65%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.03

News Sentiment

NMI has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.91 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for NMI this week, compared to 6 articles on an average week.

Search Interest

2 people have searched for NMIH on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NMI insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,210,337.00 in company stock.

Percentage Held by Insiders

Only 3.00% of the stock of NMI is held by insiders.

Percentage Held by Institutions

94.12% of the stock of NMI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NMIH Stock Analysis - Frequently Asked Questions

How have NMIH shares performed this year?

NMI's stock was trading at $36.76 at the start of the year. Since then, NMIH shares have increased by 3.4% and is now trading at $38.01.

How were NMI's earnings last quarter?

NMI Holdings Inc (NASDAQ:NMIH) issued its quarterly earnings data on Tuesday, April, 29th. The financial services provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.10 by $0.18. The firm's revenue was up 10.8% compared to the same quarter last year.
Read the conference call transcript.

Who are NMI's major shareholders?

NMI's top institutional shareholders include Assenagon Asset Management S.A. (1.32%), Wedge Capital Management L L P NC (0.15%), Livforsakringsbolaget Skandia Omsesidigt (0.09%) and State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Bradley M Shuster, Adam Pollitzer, William J Leatherberry, Robert Owen Smith, Michael Curry Montgomery, Michael J Embler, Mohammad Nawaz Yousaf, Norman Peter Fitzgerald, Nicholas Daniel Realmuto and James G Jones.
View institutional ownership trends.

How do I buy shares of NMI?

Shares of NMIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NMI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NMI investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 4/29/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: INS - PROP&CASLTY
• Sub-Industry: Insurance
• Current Symbol: NASDAQ:NMIH
• CIK: 1547903
• Web: www.nationalmi.com
• Phone: (855) 530-6642
• Fax: N/A
• Employees: 234
• Year Founded: 2011

Price Target and Rating

• Average Price Target for NMI: $43.00
• High Price Target: $47.00
• Low Price Target: $37.00
• Potential Upside/Downside: +13.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.63
• Trailing P/E Ratio: 8.21
• Forward P/E Ratio: 8.23
• P/E Growth: 1.28
• Net Income: $360.11 million
• Net Margins: 55.93%
• Pretax Margin: 71.89%
• Return on Equity: 17.27%
• Return on Assets: 11.46%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.74
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $650.97 million
• Price / Sales: 4.56
• Cash Flow: $4.84 per share
• Price / Cash Flow: 7.86
• Book Value: $28.02 per share
• Price / Book: 1.36

Miscellaneous

• Outstanding Shares: 78,120,000
• Free Float: 75,779,000
• Market Cap: $2.97 billion
• Optionable: Optionable
• Beta: 0.55