NMI (NASDAQ:NMIH) Given New $51.00 Price Target at Truist Financial

NMI (NASDAQ:NMIH) had its price objective raised by Truist Financial from $49.00 to $51.00 in a research note published on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other equities research analysts have also recently weighed in on NMIH. Barclays cut their price objective on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Keefe, Bruyette & Woods raised their target price on shares of NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. UBS Group set a $46.00 price target on shares of NMI in a research report on Friday, May 22nd. JPMorgan Chase & Co. boosted their price target on shares of NMI from $43.00 to $48.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, Royal Bank Of Canada started coverage on shares of NMI in a research note on Friday, May 22nd. They issued an “outperform” rating and a $46.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $47.17.

NMI Stock Up 2.0%

Shares of NMI stock opened at $44.30 on Friday. 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 1-year low of $34.84 and a 1-year high of $46.74. The business’s fifty day moving average price is $39.62 and its two-hundred day moving average price is $38.98. The company has a market capitalization of $3.37 billion, a P/E ratio of 8.72, a PEG ratio of 1.51 and a beta of 0.54.

NMI (NASDAQ:NMIH) last released its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.10. NMI had a return on equity of 15.31% and a net margin of 54.10%.The company had revenue of $187.89 million during the quarter, compared to analysts’ expectations of $156.26 million. During the same quarter in the prior year, the business posted $1.22 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. As a group, research analysts forecast that NMI will post 5.11 EPS for the current year.

Insider Buying and Selling at NMI

In related news, Director Michael Curry Montgomery sold 1,554 shares of the firm’s 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 completion of the transaction, the director owned 69,026 shares of the company’s stock, valued at $2,616,085.40. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.44% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On NMI

Hedge funds and other institutional investors have recently bought and sold shares of the business. Allworth Financial LP lifted its holdings in NMI by 196.0% in the 3rd quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 437 shares during the last quarter. Maseco LLP bought a new position in shares of NMI during the 4th quarter valued at about $31,000. IFP Advisors Inc grew its stake in shares of NMI by 189.5% in the 4th quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 521 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of NMI by 58.7% in the 1st quarter. Pacer Advisors Inc. now owns 1,006 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 372 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of NMI by 34.0% in the 1st quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 272 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors.

Key Headlines Impacting NMI

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Second-quarter earnings beat expectations: NMIH reported adjusted and GAAP earnings of $1.38 per diluted share, above the $1.28 consensus estimate and up from $1.22 a year ago. Revenue reached $187.89 million, well ahead of the $156.26 million estimate and 8.1% higher year over year. NMIH Q2 Earnings Beat on Premium Growth and Lower Claims
• Positive Sentiment: Record profitability and favorable operating trends: Net income rose to $105.8 million from $96.2 million in the prior-year quarter. Premium growth, stronger investment income and lower claims helped expand profitability, with a reported net margin of 53.82% and return on equity of 15.18%. NMI Holdings Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts raised their price targets: Truist increased its target to $51 from $49 and maintained a “buy” rating, while JPMorgan lifted its target to $50 from $48 and kept an “overweight” rating. The revisions indicate analysts see further upside following the earnings beat. Analyst Price Target Revisions
• Neutral Sentiment: Capital return remains a support: NMIH said it has approximately $167 million of remaining share-repurchase capacity, which could support per-share results and shareholder returns. NMIH Capital Return Focus
• Negative Sentiment: Credit-cycle risks remain: Management expects defaults to trend higher, a potential headwind for future claims and profitability. Separately, a valuation analysis identified roughly 15% downside to its estimated fair value, highlighting that some investors may view the recent gains as already reflecting much of the good news. NMIH Earnings Watch and Valuation

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.