Zacks Research Issues Optimistic Estimate for NMI Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Equities researchers at Zacks Research lifted their Q1 2028 earnings per share (EPS) estimates for shares of NMI in a research report issued to clients and investors on Monday, July 20th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $1.37 for the quarter, up from their prior forecast of $1.34. The consensus estimate for NMI’s current full-year earnings is $5.11 per share. Zacks Research also issued estimates for NMI’s FY2028 earnings at $5.38 EPS.

NMI (NASDAQ:NMIH) last posted its earnings results on Thursday, April 30th. The financial services provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. NMI had a net margin of 53.82% and a return on equity of 15.18%. The firm had revenue of $183.47 million for the quarter, compared to the consensus estimate of $153.99 million. During the same period in the prior year, the business posted $1.28 earnings per share. The business’s quarterly revenue was up 5.9% on a year-over-year basis.

Other research analysts also recently issued research reports about the stock. UBS Group set a $46.00 price target on shares of NMI in a research report on Friday, May 22nd. Keefe, Bruyette & Woods upped their target price on shares of NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Barclays decreased their target price on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. JPMorgan Chase & Co. lifted their price objective on shares of NMI from $43.00 to $48.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada assumed coverage on shares of NMI in a report on Friday, May 22nd. They set an “outperform” rating and a $46.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.00.

NMI Stock Down 0.4%

NASDAQ NMIH opened at $41.69 on Wednesday. The stock’s 50 day simple moving average is $38.85 and its 200 day simple moving average is $38.83. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.63 and a quick ratio of 0.63. NMI has a one year low of $34.84 and a one year high of $43.35. The firm has a market cap of $3.17 billion, a PE ratio of 8.49, a price-to-earnings-growth ratio of 1.45 and a beta of 0.54.

Insider Activity at NMI

In other news, Director Michael Curry Montgomery sold 1,554 shares of NMI stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $37.90, for a total transaction of $58,896.60. Following the transaction, the director owned 69,026 shares in the company, valued at $2,616,085.40. The trade was a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.44% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its position in shares of NMI by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 4,351,808 shares of the financial services provider’s stock worth $163,237,000 after acquiring an additional 34,372 shares in the last quarter. Van Berkom & Associates Inc. lifted its position in NMI by 5.6% in the 4th quarter. Van Berkom & Associates Inc. now owns 2,016,030 shares of the financial services provider’s stock valued at $82,234,000 after acquiring an additional 106,400 shares in the last quarter. Geode Capital Management LLC lifted its position in NMI by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 1,982,722 shares of the financial services provider’s stock valued at $80,887,000 after acquiring an additional 5,274 shares in the last quarter. Bank of America Corp DE boosted its stake in NMI by 22.7% in the 1st quarter. Bank of America Corp DE now owns 1,304,633 shares of the financial services provider’s stock worth $48,937,000 after purchasing an additional 241,724 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in NMI by 10.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 758,481 shares of the financial services provider’s stock worth $32,000,000 after purchasing an additional 73,695 shares during the period. Institutional investors own 94.12% of the company’s stock.

More NMI News

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Zacks Research lifted its Q1 2028 EPS estimate for NMI Holdings to $1.37 from $1.34, and slightly raised FY2028 estimates to $5.38, suggesting improved long-term earnings potential.
• Neutral Sentiment: Despite the revisions, Zacks still sees NMI Holdings earning about $5.11 per share for the current full year, close to prior expectations and not a major deviation from consensus.
• Negative Sentiment: Analysts lowered estimates for FY2026 and several 2027 periods, including Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027 and FY2027, which can weigh on investor sentiment in the near term.

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.