Should I buy or sell NMI stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NMI in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NMIH shares. View NMIH analyst ratings or view top-rated stocks .

What is NMI's stock price target for 2024?

8 Wall Street research analysts have issued 12-month target prices for NMI's shares. Their NMIH share price targets range from $31.00 to $37.00. On average, they predict the company's share price to reach $34.44 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View analysts price targets for NMIH or view top-rated stocks among Wall Street analysts .

How have NMIH shares performed in 2024?

NMI's stock was trading at $29.68 on January 1st, 2024. Since then, NMIH shares have decreased by 0.3% and is now trading at $29.59. View the best growth stocks for 2024 here .

Are investors shorting NMI?

NMI saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,370,000 shares, a decline of 23.5% from the March 15th total of 1,790,000 shares. Based on an average trading volume of 565,700 shares, the short-interest ratio is currently 2.4 days. Currently, 1.7% of the company's stock are short sold. View NMI's Short Interest .

When is NMI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our NMIH earnings forecast .

How can I listen to NMI's earnings call?

NMI will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were NMI's earnings last quarter?

NMI Holdings, Inc. (NASDAQ:NMIH) announced its quarterly earnings results on Wednesday, February, 14th. The financial services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.95 by $0.06. The financial services provider had revenue of $151.38 million for the quarter, compared to analysts' expectations of $131.70 million. NMI had a net margin of 55.63% and a trailing twelve-month return on equity of 17.97%. The business's quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 earnings per share.

What ETFs hold NMI's stock?

ETFs with the largest weight of NMI (NASDAQ:NMIH) stock in their portfolio include AlphaMark Actively Managed Small Cap ETF (SMCP) , Invesco S&P SmallCap Quality ETF (XSHQ) , Invesco S&P SmallCap Low Volatility ETF (XSLV) , Invesco S&P SmallCap Financials ETF (PSCF) , Invesco S&P SmallCap Momentum ETF (XSMO) , First Trust Small Cap Value AlphaDEX Fund (FYT) , Royce Quant Small-Cap Quality Value ETF (SQLV) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM) .

What is Claudia Merkle's approval rating as NMI's CEO?

3 employees have rated NMI Chief Executive Officer Claudia Merkle on Glassdoor.com . Claudia Merkle has an approval rating of 100% among the company's employees. This puts Claudia Merkle in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of NMI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NMI investors own include Alibaba Group (BABA) , Mastercard (MA) , Paycom Software (PAYC) , Fortinet (FTNT) , Verizon Communications (VZ) , NextEra Energy (NEE) , NVIDIA (NVDA) , Lululemon Athletica (LULU) , PayPal (PYPL) and Veeva Systems (VEEV) .

Who are NMI's major shareholders?

NMI's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ellis Investment Partners LLC (0.11%), Tealwood Asset Management Inc. (0.05%), Diversified Trust Co (0.03%), AlphaMark Advisors LLC (0.01%), First Hawaiian Bank (0.01%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Bradley M Shuster, Bradley M Shuster , James G Jones, Michael Curry Montgomery , Mohammad Nawaz Yousaf, Nicholas Daniel Realmuto, Norman Peter Fitzgerald, Patrick L Mathis, Patrick L Mathis , Robert Owen Smith and William J Leatherberry . View institutional ownership trends .

How do I buy shares of NMI?

Shares of NMIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NMIH

NMI (NMIH) Stock Price, News & Analysis

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$29.59

+0.09 (+0.31%)

(As of 04/18/2024 ET)

Compare

Today's Range: $29.51
▼
$29.92
50-Day Range: $28.94
▼
$32.34
52-Week Range: $22.22
▼
$32.50

Volume: 354,360 shs
Average Volume: 554,974 shs
Market Capitalization: $2.38 billion

P/E Ratio: 7.71
Dividend Yield: N/A
Price Target: $34.44

Get NMI alerts:

NMI MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 16.4% Upside
$34.44 Price Target
Short Interest: Healthy
1.74% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 4 Articles This Week
Insider Trading: Selling Shares
$4.40 M Sold Last Quarter
Proj. Earnings Growth: 10.86%
From $4.05 to $4.49 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.30 out of 5 stars

Finance Sector

425th out of 822 stocks

Surety Insurance Industry

4th out of 7 stocks

2.4

Analyst's Opinion

Consensus Rating
NMI has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
NMI has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.74% of the float of NMI has been sold short.
Short Interest Ratio / Days to Cover
NMI has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NMI has recently decreased by 23.46%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
NMI does not currently pay a dividend.
Dividend Growth
NMI does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NMIH.

2.7

News and Social Media Coverage

News Sentiment
NMI has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for NMI this week, compared to 4 articles on an average week.
Search Interest
6 people have searched for NMIH on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NMI insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,395,582.00 in company stock.
Percentage Held by Insiders
Only 2.70% of the stock of NMI is held by insiders.
Percentage Held by Institutions
94.12% of the stock of NMI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for NMI are expected to grow by 10.86% in the coming year, from $4.05 to $4.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NMI is 7.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of NMI is 7.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.79.
Price to Earnings Growth Ratio
NMI has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
NMI has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About NMI Stock (NASDAQ:NMIH)

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. The company was incorporated in 2011 and is headquartered in Emeryville, California.

NMIH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NMIH Stock News Headlines

March 23, 2024 | insidertrades.com

NMI Holdings, Inc. (NASDAQ:NMIH) EVP Robert Owen Smith Sells 3,000 Shares

March 21, 2024 | insidertrades.com

NMI Holdings, Inc. (NASDAQ:NMIH) EVP Mohammad Nawaz Yousaf Sells 1,117 Shares

April 19, 2024 | InvestorPlace (Ad)

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March 21, 2024 | insidertrades.com

Insider Selling: NMI Holdings, Inc. (NASDAQ:NMIH) VP Sells 1,803 Shares of Stock

March 20, 2024 | insidertrades.com

Insider Selling: NMI Holdings, Inc. (NASDAQ:NMIH) EVP Sells 12,000 Shares of Stock

April 14, 2024 | americanbankingnews.com

NMI Holdings, Inc. (NASDAQ:NMIH) Receives Average Recommendation of "Moderate Buy" from Brokerages

April 11, 2024 | globenewswire.com

NMI Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 30, 2024

April 4, 2024 | markets.businessinsider.com

Expert Outlook: NMI Holdings Through The Eyes Of 5 Analysts

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National MI Announces Enhanced Integration With PMI Rate Pro

March 22, 2024 | investing.com

NMI Holdings VP controller sells over $54k in company stock

March 21, 2024 | investing.com

NMI Holdings EVP sells shares worth over $359k

March 19, 2024 | finance.yahoo.com

Insider Sell: EVP, Chief Sales Officer Norman Fitzgerald Sells 12,000 Shares of NMI Holdings ...

March 14, 2024 | finance.yahoo.com

NMI Holdings' (NASDAQ:NMIH) investors will be pleased with their notable 39% return over the last year

March 13, 2024 | investorplace.com

3 Small-Cap Wonders Set to Deliver Monumental Returns by 2026

March 7, 2024 | finance.yahoo.com

Reasons Why Investors Should Retain NMI Holdings (NMIH) Now

March 4, 2024 | markets.businessinsider.com

NMI Holdings CFO Ravi Mallela Resigns; Aurora Swithenbank Named Replacement

March 4, 2024 | msn.com

NMI Holdings names Aurora Swithenbank as CFO

March 4, 2024 | globenewswire.com

NMI Holdings, Inc. Announces CFO Transition

February 26, 2024 | investorplace.com

3 Juggernaut Stocks for Sustained Portfolio Strength

February 22, 2024 | finance.yahoo.com

EVP, Operations & Info. Tech. Mohammad Yousaf Sells 9,000 Shares of NMI Holdings Inc

February 21, 2024 | finance.yahoo.com

NMI Holdings (NMIH) Moves to Buy: Rationale Behind the Upgrade

February 17, 2024 | morningstar.com

NMI Holdings Inc Class A

February 16, 2024 | markets.businessinsider.com

NMI Holdings: Strong EPS and Market Position Reinforce Buy Rating

February 15, 2024 | markets.businessinsider.com

RBC Capital Maintains Sector Perform Rating for NMI Holdings: Here's What You Need To Know

February 15, 2024 | finance.yahoo.com

NMI Holdings, Inc. (NASDAQ:NMIH) Q4 2023 Earnings Call Transcript

February 15, 2024 | finance.yahoo.com

NMI Holdings (NMIH) Q4 Earnings Beat on Higher Premiums

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Surety insurance
Sub-Industry: N/A
Current Symbol: NASDAQ:NMIH
CUSIP: N/A
CIK: 1547903
Web: www.nationalmi.com
Phone: (855) 530-6642
Fax: N/A
Employees: 238
Year Founded: 2011

Price Target and Rating

Average Stock Price Target: $34.44
High Stock Price Target: $37.00
Low Stock Price Target: $31.00
Potential Upside/Downside: +16.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.84
Trailing P/E Ratio: 7.71
Forward P/E Ratio: 7.31
P/E Growth: 1.1
Net Income: $322.11 million
Net Margins: 55.63%
Pretax Margin: 71.28%
Return on Equity: 17.97%
Return on Assets: 11.69%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 0.73
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: $579 million
Price / Sales: 4.12
Cash Flow: $4.14 per share
Price / Cash Flow: 7.15
Book Value: $23.75 per share
Price / Book: 1.25

Miscellaneous

Outstanding Shares: 80,580,000
Free Float: 78,405,000
Market Cap: $2.38 billion
Optionable: Optionable
Beta: 1.06

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Key Executives

Mr. Bradley Mize Shuster (Age 69)
Executive Chairman
Comp: $1.59M
Mr. Adam S. Pollitzer (Age 44)
President, CEO & Director
Comp: $2.47M
Mr. Ravi Mallela (Age 53)
Executive VP & CFO
Comp: $1.15M
Mr. William J. Leatherberry (Age 53)
Executive VP, Chief Administrative Officer & Secretary
Comp: $1.33M
Mr. Robert Owen Smith (Age 54)
Executive VP & Chief Risk Officer
Comp: $1.1M
Mr. John M. Swenson
Vice President of Investor Relations & Treasury
Ms. Lesley Alli
Senior VP of Industry Relations & Corporate Communications
Mr. Norman P. Fitzgerald (Age 57)
Executive VP & Chief Sales Officer
Ms. Allison Miller
Senior VP & CHRO
Mr. Mohammad Yousaf (Age 48)
Executive Vice President of Operations & IT

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NMIH Stock Analysis - Frequently Asked Questions

Should I buy or sell NMI stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NMI in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NMIH shares.
View NMIH analyst ratings or view top-rated stocks.
What is NMI's stock price target for 2024?: 8 Wall Street research analysts have issued 12-month target prices for NMI's shares. Their NMIH share price targets range from $31.00 to $37.00. On average, they predict the company's share price to reach $34.44 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price.
View analysts price targets for NMIH or view top-rated stocks among Wall Street analysts.
How have NMIH shares performed in 2024?: NMI's stock was trading at $29.68 on January 1st, 2024. Since then, NMIH shares have decreased by 0.3% and is now trading at $29.59.
View the best growth stocks for 2024 here.
Are investors shorting NMI?: NMI saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,370,000 shares, a decline of 23.5% from the March 15th total of 1,790,000 shares. Based on an average trading volume of 565,700 shares, the short-interest ratio is currently 2.4 days. Currently, 1.7% of the company's stock are short sold.
View NMI's Short Interest.
When is NMI's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our NMIH earnings forecast.
How can I listen to NMI's earnings call?: NMI will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were NMI's earnings last quarter?: NMI Holdings, Inc. (NASDAQ:NMIH) announced its quarterly earnings results on Wednesday, February, 14th. The financial services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.95 by $0.06. The financial services provider had revenue of $151.38 million for the quarter, compared to analysts' expectations of $131.70 million. NMI had a net margin of 55.63% and a trailing twelve-month return on equity of 17.97%. The business's quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 earnings per share.
What ETFs hold NMI's stock?: ETFs with the largest weight of NMI (NASDAQ:NMIH) stock in their portfolio include AlphaMark Actively Managed Small Cap ETF (SMCP), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Momentum ETF (XSMO), First Trust Small Cap Value AlphaDEX Fund (FYT), Royce Quant Small-Cap Quality Value ETF (SQLV) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM).
What is Claudia Merkle's approval rating as NMI's CEO?: 3 employees have rated NMI Chief Executive Officer Claudia Merkle on Glassdoor.com. Claudia Merkle has an approval rating of 100% among the company's employees. This puts Claudia Merkle in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of NMI own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NMI investors own include Alibaba Group (BABA), Mastercard (MA), Paycom Software (PAYC), Fortinet (FTNT), Verizon Communications (VZ), NextEra Energy (NEE), NVIDIA (NVDA), Lululemon Athletica (LULU), PayPal (PYPL) and Veeva Systems (VEEV).
Who are NMI's major shareholders?: NMI's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ellis Investment Partners LLC (0.11%), Tealwood Asset Management Inc. (0.05%), Diversified Trust Co (0.03%), AlphaMark Advisors LLC (0.01%), First Hawaiian Bank (0.01%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Bradley M Shuster, Bradley M Shuster, James G Jones, Michael Curry Montgomery, Mohammad Nawaz Yousaf, Nicholas Daniel Realmuto, Norman Peter Fitzgerald, Patrick L Mathis, Patrick L Mathis, Robert Owen Smith and William J Leatherberry.
View institutional ownership trends.
How do I buy shares of NMI?: Shares of NMIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NMIH) was last updated on 4/19/2024 by MarketBeat.com Staff

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NMI (NMIH) Stock Price, News & Analysis

NMI MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About NMI Stock (NASDAQ:NMIH)

NMIH Stock Price History

NMIH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

NMIH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™