Equities Analysts Offer Predictions for NMI Q1 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Investment analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of NMI in a research note issued to investors on Monday, March 2nd. Zacks Research analyst Team now anticipates that the financial services provider will earn $1.23 per share for the quarter, down from their prior forecast of $1.24. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q2 2026 earnings at $1.30 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.28 EPS, FY2026 earnings at $5.10 EPS, Q2 2027 earnings at $1.42 EPS, Q3 2027 earnings at $1.33 EPS, Q4 2027 earnings at $1.37 EPS, FY2027 earnings at $5.49 EPS and FY2028 earnings at $5.65 EPS.

NMIH has been the topic of several other research reports. UBS Group set a $43.00 target price on NMI in a research note on Monday, January 12th. JPMorgan Chase & Co. increased their target price on shares of 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 shares of NMI from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $46.00 to $48.00 in a research report on Thursday, December 18th. Barclays increased their price objective on shares of NMI from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a research report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.00.

NMI Trading Down 1.4%

NMIH opened at $39.07 on Tuesday. The firm’s fifty day simple moving average is $39.55 and its 200 day simple moving average is $38.65. NMI has a 12 month low of $31.90 and a 12 month high of $43.20. The stock has a market capitalization of $2.97 billion, a P/E ratio of 7.96, a P/E/G ratio of 1.09 and a beta of 0.63. 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 (NASDAQ:NMIH) last released its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $180.74 million for the quarter, compared to analysts’ expectations of $180.69 million. NMI had a return on equity of 15.78% and a net margin of 55.05%.During the same quarter in the previous year, the business posted $1.07 EPS.

Institutional Investors Weigh In On NMI

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its holdings in shares of NMI by 4.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,661 shares of the financial services provider’s stock valued at $281,000 after purchasing an additional 264 shares during the last quarter. Arizona State Retirement System lifted its position in NMI by 1.2% in the third quarter. Arizona State Retirement System now owns 23,099 shares of the financial services provider’s stock worth $886,000 after buying an additional 277 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of NMI by 22.5% during the third quarter. Nisa Investment Advisors LLC now owns 1,572 shares of the financial services provider’s stock valued at $60,000 after buying an additional 289 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in NMI by 51.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 856 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 291 shares in the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of NMI by 0.5% during the second quarter. California State Teachers Retirement System now owns 70,112 shares of the financial services provider’s stock valued at $2,958,000 after buying an additional 328 shares during the period. 94.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NMI

In other news, Chairman Bradley M. Shuster sold 55,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the chairman directly owned 415,411 shares in the company, valued at $16,462,737.93. This trade represents a 11.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Norman Peter Fitzgerald sold 22,500 shares of the company’s stock in a transaction that occurred 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 approximately $1,295,853.30. This represents a 40.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 113,057 shares of company stock valued at $4,495,886 in the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Trending Headlines about NMI

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Zacks raised NMI’s full‑year and multi‑year outlook: FY2026 EPS was increased to $5.10 (from $5.01), FY2027 to $5.49 and FY2028 to $5.65 — suggesting stronger longer‑term earnings power. MarketBeat: Zacks revises NMI estimates
• Positive Sentiment: Several quarterly estimates were raised (Q2–Q4 2026, Q2 2027, Q4 2027 and Q3 2026), which supports the upgraded full‑year views and implies continued margin or revenue strength in upcoming quarters. MarketBeat: Zacks revises NMI estimates
• Neutral Sentiment: The revisions are mostly small in magnitude (moves of a few cents per quarter), so while directional, they may not materially change valuation models for long‑term investors. MarketBeat: Zacks revises NMI estimates
• Negative Sentiment: Zacks trimmed near‑term estimates slightly: Q1 2026 EPS was nudged down to $1.23 (from $1.24) and Q3 2027 to $1.33 (from $1.35), which may have driven short‑term selling as traders focus on next quarter’s momentum. MarketBeat: Zacks revises NMI estimates

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.