Zacks Research Brokers Boost Earnings Estimates for NMI

NMI Holdings Inc (NASDAQ:NMIH) – Research analysts at Zacks Research raised their Q1 2027 earnings per share estimates for shares of NMI in a research report issued on Wednesday, February 11th. Zacks Research analyst Team now expects that the financial services provider will earn $1.40 per share for the quarter, up from their previous estimate of $1.38. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s FY2027 earnings at $5.48 EPS.

Other research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods upgraded shares of NMI from a “market perform” rating to an “outperform” rating and upped their target price for the company from $46.00 to $48.00 in a research report on Thursday, December 18th. Barclays boosted their price target on shares of NMI from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a research note on Thursday, January 22nd. UBS Group set a $43.00 target price on shares of NMI in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of NMI from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

NMI Trading Down 3.2%

Shares of NMIH opened at $39.65 on Thursday. The stock’s fifty day simple moving average is $39.69 and its 200-day simple moving average is $38.57. The company has a quick ratio of 0.86, a current ratio of 0.57 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $3.05 billion, a PE ratio of 8.08, a price-to-earnings-growth ratio of 1.13 and a beta of 0.64. NMI has a 12-month low of $31.90 and a 12-month high of $43.20.

NMI (NASDAQ:NMIH) last released its earnings results on Tuesday, February 10th. The financial services provider reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. The company had revenue of $180.74 million during the quarter, compared to analysts’ expectations of $180.69 million. NMI had a return on equity of 15.78% and a net margin of 55.05%.During the same period last year, the firm earned $1.07 EPS.

Insider Activity

In related news, Director Michael J. Embler sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $36.90, for a total value of $738,000.00. Following the completion of the sale, the director owned 46,046 shares in the company, valued at $1,699,097.40. This represents a 30.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in NMI by 95.3% in the 3rd quarter. Bank of America Corp DE now owns 1,014,557 shares of the financial services provider’s stock valued at $38,898,000 after acquiring an additional 495,144 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of NMI in the second quarter valued at about $13,245,000. Allianz Asset Management GmbH lifted its holdings in shares of NMI by 76.4% in the second quarter. Allianz Asset Management GmbH now owns 640,158 shares of the financial services provider’s stock valued at $27,008,000 after purchasing an additional 277,318 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of NMI by 184.3% during the second quarter. BNP Paribas Financial Markets now owns 427,397 shares of the financial services provider’s stock worth $18,032,000 after buying an additional 277,065 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of NMI by 85.7% during the third quarter. Ameriprise Financial Inc. now owns 600,139 shares of the financial services provider’s stock worth $23,009,000 after buying an additional 276,897 shares in the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

NMI Company Profile

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.