Zacks Research Estimates NMI’s Q1 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Analysts at Zacks Research lifted their Q1 2028 earnings estimates for NMI in a research report issued to clients and investors on Monday, July 20th. Zacks Research analyst Team now expects that the financial services provider will earn $1.37 per share for the quarter, up from their previous estimate of $1.34. The consensus estimate for NMI’s current full-year earnings is $5.11 per share. Zacks Research also issued estimates for NMI’s FY2028 earnings at $5.38 EPS.

A number of other research firms also recently issued reports on NMIH. Keefe, Bruyette & Woods lifted their price target on NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Barclays decreased their price objective on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Royal Bank Of Canada began coverage on NMI in a report on Friday, May 22nd. They issued an “outperform” rating and a $46.00 target price on the stock. UBS Group set a $46.00 target price on NMI in a report on Friday, May 22nd. Finally, Weiss Ratings raised NMI from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 12th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.00.

NMI Trading Down 0.3%

NMIH opened at $41.58 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.63 and a quick ratio of 0.63. NMI has a fifty-two week low of $34.84 and a fifty-two week high of $43.35. The firm has a market capitalization of $3.16 billion, a PE ratio of 8.47, a P/E/G ratio of 1.45 and a beta of 0.54. The company’s 50-day moving average is $38.93 and its 200 day moving average is $38.84.

NMI (NASDAQ:NMIH) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $183.47 million for the quarter, compared to analyst estimates of $153.99 million. NMI had a net margin of 53.82% and a return on equity of 15.18%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $1.28 earnings per share.

Insider Buying and Selling at NMI

In related news, Director Michael Curry Montgomery sold 1,554 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total transaction of $58,896.60. Following the transaction, the director directly owned 69,026 shares in the company, valued at approximately $2,616,085.40. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.44% of the stock is owned by insiders.

Institutional Investors Weigh In On NMI

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bessemer Group Inc. boosted its holdings in shares of NMI by 34.0% in the 1st quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 272 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of NMI by 35.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,160 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 301 shares during the last quarter. Evolve Private Wealth LLC raised its holdings in shares of NMI by 1.6% during the 1st quarter. Evolve Private Wealth LLC now owns 19,525 shares of the financial services provider’s stock valued at $732,000 after buying an additional 302 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of NMI by 11.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the financial services provider’s stock valued at $123,000 after buying an additional 310 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in NMI by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 70,112 shares of the financial services provider’s stock worth $2,958,000 after buying an additional 328 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About NMI

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.