Zacks Research Has Optimistic Outlook of NMI Q2 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of NMI in a report issued on Tuesday, June 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.15 per share for the quarter, up from their previous estimate of $1.13. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q3 2025 earnings at $1.16 EPS, Q1 2026 earnings at $1.24 EPS and Q1 2027 earnings at $1.35 EPS.

NMI (NASDAQ:NMIH) last announced its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.18. The company had revenue of $173.25 million during the quarter, compared to analysts’ expectations of $169.04 million. NMI had a return on equity of 17.27% and a net margin of 55.93%. NMI’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.08 EPS.

Other equities analysts have also recently issued reports about the stock. Compass Point reissued a “buy” rating and issued a $37.00 target price (up from $34.00) on shares of NMI in a research note on Friday, May 23rd. Wall Street Zen upgraded shares of NMI from a “hold” rating to a “buy” rating in a research note on Monday, May 5th. JPMorgan Chase & Co. cut their price target on shares of NMI from $42.00 to $41.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods cut their price target on shares of NMI from $43.00 to $42.00 and set an “outperform” rating for the company in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, NMI has a consensus rating of “Moderate Buy” and an average target price of $42.29.

NMI Stock Performance

Shares of NASDAQ NMIH opened at $42.19 on Friday. The stock has a market capitalization of $3.30 billion, a PE ratio of 9.11, a price-to-earnings-growth ratio of 1.43 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.74 and a current ratio of 0.74. NMI has a 52 week low of $31.90 and a 52 week high of $42.49. The stock has a 50 day moving average price of $38.39 and a 200 day moving average price of $36.91.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings in NMI by 7,260.6% in the 1st quarter. GAMMA Investing LLC now owns 56,382 shares of the financial services provider’s stock valued at $2,033,000 after buying an additional 55,616 shares in the last quarter. Assetmark Inc. grew its holdings in NMI by 12.6% in the 4th quarter. Assetmark Inc. now owns 88,010 shares of the financial services provider’s stock valued at $3,235,000 after buying an additional 9,842 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in NMI by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,075,428 shares of the financial services provider’s stock valued at $39,533,000 after buying an additional 11,347 shares in the last quarter. SG Americas Securities LLC acquired a new position in NMI in the 1st quarter valued at $530,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of NMI by 5.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,051 shares of the financial services provider’s stock valued at $222,000 after buying an additional 325 shares in the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Adam Pollitzer sold 57,166 shares of the firm’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $36.54, for a total transaction of $2,088,845.64. Following the completion of the sale, the chief executive officer now owns 329,465 shares in the company, valued at approximately $12,038,651.10. This trade represents a 14.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Bradley M. Shuster sold 21,545 shares of the company’s stock in a transaction on Friday, June 6th. The shares were sold at an average price of $39.56, for a total value of $852,320.20. Following the completion of the transaction, the chairman now directly owns 409,792 shares in the company, valued at approximately $16,211,371.52. This represents a 4.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 113,697 shares of company stock valued at $4,210,337. 3.00% of the stock is owned by insiders.

About NMI

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.