JPMorgan Chase & Co. Cuts NMI (NASDAQ:NMIH) Price Target to $43.00

NMI (NASDAQ:NMIH) had its price target reduced by JPMorgan Chase & Co. from $44.00 to $43.00 in a research report sent to investors on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the financial services provider’s stock.

Several other equities research analysts have also issued reports on the stock. Barclays reduced their price objective on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a research note on Thursday, January 22nd. UBS Group set a $43.00 price objective on shares of NMI in a research note on Monday, January 12th. Finally, Keefe, Bruyette & Woods raised shares of NMI from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $46.00 to $48.00 in a research note on Thursday, December 18th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, NMI presently has an average rating of “Moderate Buy” and a consensus price target of $43.20.

NMI Trading Down 1.8%

Shares of NASDAQ:NMIH opened at $38.61 on Thursday. The firm has a fifty day moving average of $38.63 and a two-hundred day moving average of $38.32. The firm has a market capitalization of $2.94 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 1.06 and a beta of 0.64. NMI has a 12-month low of $32.66 and a 12-month high of $43.20. 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 (NASDAQ:NMIH) last issued its 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 net margin of 55.05% and a return on equity of 15.78%. The company had revenue of $180.74 million during the quarter, compared to analyst estimates of $180.69 million. During the same quarter last year, the business posted $1.07 EPS. On average, equities analysts expect that NMI will post 4.62 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Chairman Bradley M. Shuster sold 55,000 shares of NMI stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $39.63, for a total value of $2,179,650.00. Following the transaction, the chairman owned 415,411 shares in the company, valued at $16,462,737.93. This trade represents a 11.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Norman Peter Fitzgerald sold 22,500 shares of NMI stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.94, for a total transaction of $898,650.00. Following the completion of the transaction, the executive vice president owned 32,445 shares in the company, valued at $1,295,853.30. This trade represents a 40.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 189,412 shares of company stock worth $7,357,746 in the last quarter. 2.44% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. raised its holdings in NMI by 35.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,160 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 301 shares during the period. River Road Asset Management LLC bought a new position in NMI in the 4th quarter worth $15,104,000. Mercer Global Advisors Inc. ADV raised its holdings in NMI by 63.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,816 shares of the financial services provider’s stock worth $768,000 after acquiring an additional 7,280 shares during the period. State of Tennessee Department of Treasury raised its holdings in NMI by 3.1% in the 4th quarter. State of Tennessee Department of Treasury now owns 36,365 shares of the financial services provider’s stock worth $1,408,000 after acquiring an additional 1,084 shares during the period. Finally, EP Wealth Advisors LLC bought a new position in NMI in the 4th quarter worth $417,000. Institutional investors own 94.12% of the company’s stock.

NMI News Summary

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $50 and kept an “outperform” rating, signaling stronger upside expectations and supporting buy-side interest. KBW Raises PT to $50
• Positive Sentiment: Zacks Research published a bullish estimate for NMI’s FY2027 earnings, which can lift investor sentiment around forward EPS growth and valuation. Zacks Bullish on FY2027
• Positive Sentiment: Broad brokerage coverage still skews constructive — NMI was assigned an average rating of “Moderate Buy,” which supports demand from investors following analyst guidance. Moderate Buy by Brokers
• Neutral Sentiment: NMI will report first-quarter 2026 results on April 30; the earnings event is likely a near-term catalyst that could swing the stock depending on credit performance and mortgage insurance trends. Q1 Results Announcement
• Neutral Sentiment: Third‑party comparisons and industry write-ups (e.g., head-to-head with peers) are circulating but contain no immediately market-moving new data. Peer Comparison Article
• Neutral Sentiment: Reported short-interest data is effectively meaningless (shows 0 shares / an obvious data anomaly), so there’s no evidence of a short squeeze or major short-covering that would explain big moves. (No reliable link — data entry flagged as 0/NaN.)
• Negative Sentiment: JPMorgan trimmed its price target to $43 from $44 while maintaining an “overweight” rating — a small headwind that slightly reduces analyst-implied upside and may pressure short-term sentiment. JPMorgan Lowers PT to $43

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.