Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for NMI (NASDAQ:NMIH) Stock

NMI (NASDAQ:NMIH) had its price target upped by investment analysts at Keefe, Bruyette & Woods from $48.00 to $50.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 29.50% from the stock’s current price.

Several other research firms have also recently issued reports on NMIH. Weiss Ratings reiterated a “buy (b)” rating on shares of NMI in a report on Thursday, January 22nd. UBS Group set a $43.00 price objective on NMI in a report on Monday, January 12th. JPMorgan Chase & Co. lowered their price objective on NMI from $44.00 to $43.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Barclays lowered their price objective on NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $43.20.

NMI Trading Down 1.8%

NMIH stock opened at $38.61 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. NMI has a 12-month low of $32.66 and a 12-month high of $43.20. The stock has a market cap of $2.94 billion, a price-to-earnings ratio of 7.86, a PEG ratio of 1.06 and a beta of 0.64. The business’s 50-day moving average is $38.63 and its 200 day moving average is $38.32.

NMI (NASDAQ:NMIH) last posted its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. NMI had a return on equity of 15.78% and a net margin of 55.05%.The company had revenue of $180.74 million for the quarter, compared to analysts’ expectations of $180.69 million. During the same period in the previous year, the firm posted $1.07 EPS. On average, sell-side analysts anticipate that NMI will post 4.62 EPS for the current fiscal year.

Insider Transactions at NMI

In other news, Chairman Bradley M. Shuster sold 55,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $39.63, for a total transaction of $2,179,650.00. Following the transaction, the chairman directly owned 415,411 shares in the company, valued at $16,462,737.93. The trade was a 11.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 value of $638,240.00. Following the transaction, the executive vice president owned 38,733 shares in the company, valued at approximately $1,545,059.37. This represents a 29.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 189,412 shares of company stock worth $7,357,746 in the last ninety days. Insiders own 2.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. boosted its holdings in shares of NMI by 35.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,160 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 301 shares during the last quarter. River Road Asset Management LLC purchased a new stake in shares of NMI during the 4th quarter valued at approximately $15,104,000. Mercer Global Advisors Inc. ADV raised its position in shares of NMI by 63.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,816 shares of the financial services provider’s stock valued at $768,000 after buying an additional 7,280 shares during the period. State of Tennessee Department of Treasury raised its position in shares of NMI by 3.1% during the 4th quarter. State of Tennessee Department of Treasury now owns 36,365 shares of the financial services provider’s stock valued at $1,408,000 after buying an additional 1,084 shares during the period. Finally, EP Wealth Advisors LLC purchased a new stake in shares of NMI during the 4th quarter valued at approximately $417,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

More NMI News

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

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.