Nmi Holdings-a Given “Buy” Rating at Compass Point (NMIH)
Nmi Holdings-a (NASDAQ:NMIH)‘s stock had its “buy” rating reaffirmed by investment analysts at Compass Point in a note issued to investors on Thursday. They currently have a $17.50 price target on the stock. Compass Point’s price target suggests a potential upside of 57.66% from the stock’s previous close.
Separately, analysts at FBR Capital Markets reiterated an “outperform” rating on shares of Nmi Holdings-a in a research note on Thursday, May 15th. They now have a $15.00 price target on the stock, down previously from $17.00.
In other Nmi Holdings-a news, Director James Ozanne sold 17,500 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $10.37, for a total value of $181,475.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Nmi Holdings-a (NASDAQ:NMIH) traded up 1.65% on Thursday, hitting $11.10. The stock had a trading volume of 390,601 shares. Nmi Holdings-a has a 52 week low of $9.751 and a 52 week high of $15.24. The stock’s 50-day moving average is $10.68 and its 200-day moving average is $11.80. The company’s market cap is $646.4 million.
Nmi Holdings-a (NASDAQ:NMIH) last issued its quarterly earnings data on Monday, March 10th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by $0.03. The company had revenue of $2.20 million for the quarter, compared to the consensus estimate of $3.37 million. Analysts expect that Nmi Holdings-a will post $-0.96 EPS for the current fiscal year.
NMI Holdings, Inc (NASDAQ:NMIH) is a development-stage company.
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