Brokers Set Expectations for NMI’s Q2 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Equities research analysts at Zacks Research cut their Q2 2027 earnings estimates for NMI in a note issued to investors on Thursday, March 5th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $1.41 for the quarter, down from their previous forecast of $1.42. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q3 2027 earnings at $1.35 EPS and FY2027 earnings at $5.48 EPS.

A number of other brokerages also recently issued reports on NMIH. UBS Group set a $43.00 price objective on NMI in a research report on Monday, January 12th. JPMorgan Chase & Co. lifted their target price on NMI from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Keefe, Bruyette & Woods raised NMI from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $46.00 to $48.00 in a research report on Thursday, December 18th. Weiss Ratings restated a “buy (b)” rating on shares of NMI in a report on Thursday, January 22nd. Finally, Barclays raised their price target on NMI from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $43.00.

NMI Stock Down 1.1%

Shares of NASDAQ:NMIH opened at $38.29 on Monday. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 1.05 and a beta of 0.63. NMI has a 12 month low of $31.90 and a 12 month high of $43.20. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average price of $39.38 and a 200 day moving average price of $38.64.

NMI (NASDAQ:NMIH) last posted its earnings results on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $180.74 million for the quarter, compared to the consensus estimate of $180.69 million. NMI had a net margin of 55.05% and a return on equity of 15.78%. During the same period in the previous year, the firm posted $1.07 EPS.

Hedge Funds Weigh In On NMI

Several hedge funds have recently bought and sold shares of the business. Walleye Capital LLC purchased a new position in NMI in the 2nd quarter worth about $13,245,000. Exchange Traded Concepts LLC bought a new stake in NMI during the 3rd quarter valued at about $1,926,000. Capital Fund Management S.A. purchased a new stake in NMI in the 2nd quarter valued at about $1,298,000. Public Sector Pension Investment Board boosted its position in NMI by 5.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 597,447 shares of the financial services provider’s stock valued at $22,906,000 after buying an additional 30,341 shares during the period. Finally, Y Intercept Hong Kong Ltd grew its stake in NMI by 219.9% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 86,824 shares of the financial services provider’s stock worth $3,329,000 after acquiring an additional 59,682 shares in the last quarter. Institutional investors own 94.12% of the company’s stock.

Insiders Place Their Bets

In other NMI news, EVP Mohammad Nawaz Yousaf sold 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $39.89, for a total transaction of $638,240.00. Following the completion of the transaction, the executive vice president owned 38,733 shares in the company, valued at $1,545,059.37. The trade was a 29.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Bradley M. Shuster sold 19,430 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $38.91, for a total value of $756,021.30. Following the transaction, the chairman directly owned 415,411 shares in the company, valued at approximately $16,163,642.01. This represents a 4.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 132,487 shares of company stock valued at $5,251,908 over the last 90 days. Insiders own 3.00% of the company’s stock.

NMI News Summary

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Zacks publishes a bullish valuation take arguing NMIH trades at a discount to peers (about 1.15x industry) and highlights growth drivers — higher new insurance written volume, a comprehensive reinsurance program, and prudent capital deployment. This supports a longer-term buy case. Zacks: NMIH Stock Trading at a Discount
• Positive Sentiment: Management (CEO Adam Pollitzer and CFO Aurora Swithenbank) will present at the RBC Global Financial Institutions Conference on March 11 — an event that typically increases transparency and can help re-rate a stock if management gives constructive guidance. The presentation will be posted on the company IR site. GlobeNewswire: RBC Conference Participation
• Neutral Sentiment: Zacks Research issued a batch of small estimate changes that are mixed: they nudged FY2026 EPS higher to $5.12 (from $5.10) and lifted Q2/Q3 2026 estimates modestly, but trimmed longer-term FY2028 slightly. These revisions imply modestly better medium-term profitability but little change to consensus near-term guidance. AmericanBankingNews: Zacks Research Forecasts
• Negative Sentiment: Some near-term EPS estimates were trimmed: Zacks cut Q1 2026 and Q1 2027 forecasts slightly (e.g., Q1 2026 to $1.22 from $1.23; Q1 2027 to $1.36 from $1.38). Even small downward tweaks to near-term quarterly guidance can pressure the stock in the short term. AmericanBankingNews: Zacks Research Forecasts

About NMI

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.