Zacks Research Has Optimistic Outlook of NMI Q2 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Equities researchers at Zacks Research boosted their Q2 2025 earnings per share estimates for NMI in a research report issued on Tuesday, June 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $1.15 per share for the quarter, up from their previous forecast 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 earnings results on Tuesday, April 29th. The financial services provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18. NMI had a return on equity of 17.27% and a net margin of 55.93%. The company had revenue of $173.25 million during the quarter, compared to analyst estimates of $169.04 million. During the same period last year, the company posted $1.08 earnings per share. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year.

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

NMI Stock Performance

Shares of NASDAQ:NMIH opened at $42.19 on Friday. NMI has a twelve month low of $31.90 and a twelve month high of $42.49. The firm has a market cap 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. The business has a fifty day moving average of $38.39 and a 200-day moving average of $36.91.

Hedge Funds Weigh In On NMI

Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC grew its position in shares of 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 purchasing an additional 55,616 shares during the period. Assetmark Inc. grew its position in shares of 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 purchasing an additional 9,842 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of 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 purchasing an additional 11,347 shares during the period. SG Americas Securities LLC acquired a new position in shares of NMI in the 1st quarter valued at approximately $530,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of NMI by 5.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,051 shares of the financial services provider’s stock valued at $222,000 after purchasing an additional 325 shares during the period. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NMI 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 transaction of $466,227.16. Following the transaction, the insider now owns 163,796 shares in the company, valued at approximately $5,824,585.76. This trade represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Bradley M. Shuster sold 21,545 shares of the firm’s stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $39.56, for a total value of $852,320.20. Following the transaction, the chairman now owns 409,792 shares in the company, valued at approximately $16,211,371.52. This trade represents a 4.99% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 113,697 shares of company stock worth $4,210,337. Insiders own 3.00% of the company’s stock.

NMI Company Profile

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.