What is Zacks Research’s Forecast for NMI FY2025 Earnings?

NMI Holdings Inc (NASDAQ:NMIH) – Zacks Research increased their FY2025 earnings estimates for shares of NMI in a report released on Tuesday, June 24th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $4.78 per share for the year, up from their previous estimate of $4.73. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2025 earnings at $1.19 EPS, Q3 2026 earnings at $1.21 EPS, Q4 2026 earnings at $1.25 EPS and FY2026 earnings at $4.93 EPS.

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

NMI Price Performance

Shares of NASDAQ NMIH opened at $42.19 on Thursday. The firm has a market cap of $3.30 billion, a P/E ratio of 9.11, a price-to-earnings-growth ratio of 1.43 and a beta of 0.55. The business’s 50 day moving average is $38.39 and its 200-day moving average is $36.91. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.18. NMI has a 1-year low of $31.90 and a 1-year high of $42.49.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Nuveen LLC acquired a new position in NMI during the 1st quarter worth approximately $44,886,000. Millennium Management LLC grew its stake in shares of NMI by 209.9% during the first quarter. Millennium Management LLC now owns 1,432,950 shares of the financial services provider’s stock worth $51,658,000 after buying an additional 970,551 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of NMI by 70.9% during the first quarter. Assenagon Asset Management S.A. now owns 2,034,419 shares of the financial services provider’s stock worth $73,341,000 after buying an additional 844,037 shares in the last quarter. Norges Bank acquired a new position in shares of NMI during the fourth quarter worth $13,174,000. Finally, Raymond James Financial Inc. bought a new position in shares of NMI in the 4th quarter valued at $13,136,000. Institutional investors own 94.12% of the company’s stock.

Insider Buying and Selling at NMI

In related news, insider William J. Leatherberry sold 13,111 shares of the firm’s stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $35.56, for a total value of $466,227.16. Following the sale, the insider now directly owns 163,796 shares of the company’s stock, valued at $5,824,585.76. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Adam Pollitzer sold 57,166 shares of NMI stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $36.54, for a total value of $2,088,845.64. Following the completion of the transaction, the chief executive officer now owns 329,465 shares in the company, valued at approximately $12,038,651.10. This represents a 14.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 113,697 shares of company stock worth $4,210,337 over the last three months. Corporate insiders own 3.00% of the company’s stock.

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.