Zacks Research Has Negative Estimate for NMI Q2 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Analysts at Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for NMI in a note issued to investors on Wednesday, May 20th. Zacks Research analyst Team now expects that the financial services provider will earn $1.25 per share for the quarter, down from their prior forecast of $1.32. The consensus estimate for NMI’s current full-year earnings is $5.15 per share. Zacks Research also issued estimates for NMI’s FY2027 earnings at $5.45 EPS and Q1 2028 earnings at $1.40 EPS.

A number of other analysts have also issued reports on NMIH. UBS Group set a $46.00 target price on NMI in a report on Friday. Barclays reduced their target price on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Keefe, Bruyette & Woods reduced their target price on NMI from $50.00 to $46.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Royal Bank Of Canada started coverage on NMI in a report on Friday. They issued an “outperform” rating and a $46.00 target price for the company. Finally, JPMorgan Chase & Co. reduced their target price on NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $44.80.

NMI Price Performance

NMIH opened at $37.40 on Monday. The stock has a fifty day moving average of $38.37 and a 200-day moving average of $38.77. The firm has a market capitalization of $2.84 billion, a P/E ratio of 7.62, a PEG ratio of 1.29 and a beta of 0.59. NMI has a 12-month low of $34.84 and a 12-month high of $43.20. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.16.

NMI (NASDAQ:NMIH) last released its earnings results on Thursday, April 30th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $183.48 million during the quarter, compared to analyst estimates of $153.99 million. NMI had a return on equity of 15.18% and a net margin of 53.82%.The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.28 earnings per share.

Hedge Funds Weigh In On NMI

Hedge funds have recently bought and sold shares of the business. Allworth Financial LP increased its position in NMI by 196.0% during the third quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock worth $25,000 after buying an additional 437 shares during the last quarter. Maseco LLP acquired a new position in NMI during the fourth quarter worth $31,000. IFP Advisors Inc increased its position in NMI by 189.5% during the fourth quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after buying an additional 521 shares during the last quarter. Farther Finance Advisors LLC increased its position in NMI by 161.5% during the fourth quarter. Farther Finance Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $41,000 after buying an additional 620 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in NMI by 34.0% during the first quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after buying an additional 272 shares during the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NMI

In other NMI news, Chairman Bradley M. Shuster sold 19,557 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $39.85, for a total transaction of $779,346.45. Following the transaction, the chairman directly owned 415,411 shares of the company’s stock, valued at $16,554,128.35. This represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael Curry Montgomery sold 1,554 shares of the stock in a transaction on Tuesday, May 19th. The stock was 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 $2,616,085.40. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 97,466 shares of company stock worth $3,700,103 over the last three months. Company insiders own 2.44% of the company’s stock.

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.