NMI Holdings Inc (NASDAQ:NMIH) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

NMI Holdings (NASDAQ:NMIH) last released its earnings results on Thursday, May 4th. The financial services provider reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by $0.01. NMI Holdings had a return on equity of 5.30% and a net margin of 54.25%. The business had revenue of $37.05 million during the quarter. On average, analysts expect NMI Holdings to post $0.54 EPS for the current fiscal year and $1.07 EPS for the next fiscal year.

NMI Holdings Inc (NASDAQ:NMIH) traded up 0.652% during mid-day trading on Thursday, reaching $11.575. The company’s stock had a trading volume of 150,757 shares. The firm’s 50 day moving average price is $11.42 and its 200 day moving average price is $11.20. NMI Holdings Inc has a 12-month low of $5.99 and a 12-month high of $12.55. The stock has a market cap of $692.01 million, a price-to-earnings ratio of 9.464 and a beta of 0.63.

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In other news, Director Regina Muehlhauser acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was purchased at an average cost of $11.03 per share, with a total value of $110,300.00. Following the purchase, the director now directly owns 21,578 shares of the company’s stock, valued at approximately $238,005.34. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 5.40% of the stock is owned by company insiders.

Several equities research analysts have weighed in on the company. Keefe, Bruyette & Woods downgraded NMI Holdings from an “outperform” rating to a “market perform” rating and set a $13.00 price target on the stock. in a report on Monday, July 17th. Deutsche Bank AG assumed coverage on NMI Holdings in a report on Wednesday, July 5th. They issued a “buy” rating and a $14.50 price objective on the stock. Finally, Zacks Investment Research downgraded NMI Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, May 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $12.50.

NMI Holdings Company Profile

NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company’s primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs).

Earnings History for NMI Holdings (NASDAQ:NMIH)

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