What is Zacks Research’s Forecast for NMI FY2027 Earnings?

NMI Holdings Inc (NASDAQ:NMIH) – Equities research analysts at Zacks Research boosted their FY2027 earnings per share estimates for NMI in a research report issued to clients and investors on Thursday, April 2nd. Zacks Research analyst Team now expects that the financial services provider will post earnings of $5.49 per share for the year, up from their prior forecast of $5.48. The consensus estimate for NMI’s current full-year earnings is $4.62 per share.

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

A number of other equities research analysts also recently weighed in on the company. Keefe, Bruyette & Woods upgraded NMI from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $46.00 to $48.00 in a research report on Thursday, December 18th. JPMorgan Chase & Co. boosted their target price on NMI from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Weiss Ratings restated a “buy (b)” rating on shares of NMI in a research report on Thursday, January 22nd. UBS Group set a $43.00 price objective on NMI in a report on Monday, January 12th. Finally, Barclays dropped their price objective on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.80.

NMI Stock Performance

NMI stock opened at $38.91 on Wednesday. The stock has a 50-day simple moving average of $38.62 and a 200 day simple moving average of $38.32. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.16. NMI has a 12-month low of $31.90 and a 12-month high of $43.20. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 7.92, a P/E/G ratio of 1.03 and a beta of 0.64.

Institutional Trading of NMI

Several institutional investors and hedge funds have recently added to or reduced their stakes in NMIH. Exchange Traded Concepts LLC bought a new stake in shares of NMI in the 3rd quarter valued at about $1,926,000. Public Sector Pension Investment Board grew its position in shares of 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 purchasing an additional 30,341 shares during the period. Jump Financial LLC grew its position in shares of NMI by 184.6% in the 2nd quarter. Jump Financial LLC now owns 193,322 shares of the financial services provider’s stock valued at $8,156,000 after purchasing an additional 125,401 shares during the period. Y Intercept Hong Kong Ltd grew its position in shares of 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 valued at $3,329,000 after purchasing an additional 59,682 shares during the period. Finally, Tudor Investment Corp ET AL grew its position in shares of NMI by 62.6% in the 3rd quarter. Tudor Investment Corp ET AL now owns 368,840 shares of the financial services provider’s stock valued at $14,141,000 after purchasing an additional 142,065 shares during the period. 94.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other NMI news, EVP Mohammad Nawaz Yousaf sold 16,000 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 38,733 shares of the company’s stock, valued at approximately $1,545,059.37. The trade was a 29.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Bradley M. Shuster sold 18,953 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $37.35, for a total value of $707,894.55. Following the sale, the chairman directly owned 415,411 shares of the company’s stock, valued at $15,515,600.85. This represents a 4.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 189,412 shares of company stock valued at $7,357,746. 3.00% of the stock is currently owned by insiders.

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.