NMI (NMIH) Stock Price, News & Analysis

Company Overview

NMI Holdings, Inc. (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure. Utilizing proprietary analytics and underwriting tools, the company delivers tailored risk management services—including policy administration, claims handling, and performance monitoring—to a network of banks, independent mortgage companies, and national brokers. This integrated platform streamlines operational workflows and provides transparent insights into risk trends.

Serving lenders in all 50 U.S. states and select Canadian provinces, NMI leverages a broad geographic footprint combined with centralized risk management capabilities. Its flexible product offerings support a range of homebuyer segments, from first‐time purchasers to seasoned borrowers, while aligning with evolving regulatory requirements. By fostering strong relationships with both private‐sector partners and regulatory bodies, NMI positions itself as a key contributor to the stability and growth of the residential mortgage finance industry.

Key Stats

• Today's Range: $39.22 to $39.63
• 50-Day Range: $37.19 to $43.14
• 52-Week Range: $31.90 to $43.20
• Volume: 224,628 shs
• Average Volume: 339,671 shs
• Market Capitalization: $3.05 billion
• P/E Ratio: 8.35
• Dividend Yield: N/A
• Price Target: $42.33
• Consensus Rating: Moderate Buy

NMI Stock Analysis - MarketRank™

NMI scored higher than 45% of companies evaluated by MarketBeat, and ranked 708th out of 936 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: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NMI has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NMI has only been the subject of 3 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 8.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of NMI is 8.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 229.12.

Price to Earnings Growth Ratio

NMI has a PEG Ratio of 1.14. 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 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.39% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NMI has recently decreased by 0.55%, indicating that investor sentiment is improving.

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

2.39% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NMI has recently decreased by 0.55%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.95

News Sentiment

NMI has a news sentiment score of 0.95. 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 lower news sentiment than the 1.23 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for NMI this week, compared to 6 articles on an average week.

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 $852,320.00 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 beginning of 2025. Since then, NMIH stock has increased by 7.0% and is now trading at $39.35.

How were NMI's earnings last quarter?

NMI Holdings Inc (NASDAQ:NMIH) announced its quarterly earnings data on Tuesday, July, 29th. The financial services provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.06. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year.
Read the conference call transcript.

Who are NMI's major shareholders?

NMI's top institutional shareholders include State Street Corp (4.27%), American Century Companies Inc. (2.90%), Geode Capital Management LLC (2.54%) and Frontier Capital Management Co. LLC (1.44%). 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: 7/29/2025
• Today: 9/01/2025
• Next Earnings (Estimated): 11/05/2025
• 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: $42.33
• High Price Target: $47.00
• Low Price Target: $37.00
• Potential Upside/Downside: +7.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.71
• Trailing P/E Ratio: 8.35
• Forward P/E Ratio: 8.52
• P/E Growth: 1.14
• Net Income: $360.11 million
• Net Margins: 55.57%
• Pretax Margin: 71.39%
• Return on Equity: 16.51%
• Return on Assets: 11.02%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.74
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $650.97 million
• Price / Sales: 4.69
• Cash Flow: $4.79 per share
• Price / Cash Flow: 8.22
• Book Value: $28.02 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 77,570,000
• Free Float: 75,247,000
• Market Cap: $3.05 billion
• Optionable: Optionable
• Beta: 0.55