Brokers Issue Forecasts for NMI’s Q1 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Equities research analysts at Zacks Research decreased their Q1 2028 EPS estimates for shares of NMI in a research note issued on Thursday, June 25th. Zacks Research analyst Team now anticipates that the financial services provider will earn $1.36 per share for the quarter, down from their previous forecast of $1.37. The consensus estimate for NMI’s current full-year earnings is $5.12 per share. Zacks Research also issued estimates for NMI’s FY2028 earnings at $5.39 EPS.

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

Several other analysts have also recently issued reports on NMIH. JPMorgan Chase & Co. reduced their price objective on NMI from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. UBS Group set a $46.00 target price on NMI in a research note on Friday, May 22nd. Weiss Ratings upgraded NMI from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Barclays reduced their price target on NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Finally, Keefe, Bruyette & Woods lifted their price objective on NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $45.00.

NMI Stock Performance

NASDAQ:NMIH opened at $39.55 on Friday. NMI has a 52 week low of $34.84 and a 52 week high of $43.20. The company has a fifty day simple moving average of $38.06 and a two-hundred day simple moving average of $38.70. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.16. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 8.06, a price-to-earnings-growth ratio of 1.37 and a beta of 0.55.

Insider Activity at NMI

In other news, Director Michael Curry Montgomery sold 1,554 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total value of $58,896.60. Following the sale, the director directly owned 69,026 shares in the company, valued at approximately $2,616,085.40. This trade represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.44% of the company’s stock.

Hedge Funds Weigh In On NMI

A number of institutional investors and hedge funds have recently modified their holdings of NMIH. Dimensional Fund Advisors LP increased its holdings in NMI by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 4,351,808 shares of the financial services provider’s stock valued at $163,237,000 after buying an additional 34,372 shares during the last quarter. American Century Companies Inc. boosted its position in shares of NMI by 5.8% during the 3rd quarter. American Century Companies Inc. now owns 2,379,801 shares of the financial services provider’s stock worth $91,242,000 after acquiring an additional 130,002 shares in the last quarter. Van Berkom & Associates Inc. boosted its position in shares of NMI by 5.6% during the 4th quarter. Van Berkom & Associates Inc. now owns 2,016,030 shares of the financial services provider’s stock worth $82,234,000 after acquiring an additional 106,400 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of NMI by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,982,722 shares of the financial services provider’s stock worth $80,887,000 after acquiring an additional 5,274 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of 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 valued at $48,937,000 after acquiring an additional 241,724 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

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.