Zacks Research Comments on NMI’s Q3 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Stock analysts at Zacks Research dropped their Q3 2026 earnings estimates for shares of NMI in a note issued to investors on Thursday, December 11th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $1.27 for the quarter, down from their previous forecast of $1.28. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2026 earnings at $1.27 EPS, FY2026 earnings at $5.03 EPS, Q1 2027 earnings at $1.38 EPS, Q2 2027 earnings at $1.39 EPS and FY2027 earnings at $5.46 EPS.

NMI (NASDAQ:NMIH) last released its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.21. The company had revenue of $171.56 million during the quarter, compared to the consensus estimate of $177.01 million. NMI had a net margin of 55.02% and a return on equity of 16.08%. NMI’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.15 earnings per share.

Several other research firms have also commented on NMIH. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a research report on Wednesday, October 8th. Barclays reaffirmed a “cautious” rating on shares of NMI in a report on Monday, October 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of NMI from $43.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.20.

NMI Stock Down 0.1%

NMI stock opened at $40.07 on Monday. The company has a market capitalization of $3.08 billion, a P/E ratio of 8.38, a PEG ratio of 1.25 and a beta of 0.66. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.86 and a current ratio of 0.86. NMI has a fifty-two week low of $31.90 and a fifty-two week high of $43.20. The stock has a 50-day simple moving average of $37.21 and a 200-day simple moving average of $38.61.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NMIH. Allworth Financial LP boosted 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 purchasing an additional 437 shares in the last quarter. Maseco LLP acquired a new stake in shares of NMI in the 2nd quarter valued at approximately $32,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of NMI in the second quarter valued at approximately $36,000. Harbor Capital Advisors Inc. boosted its stake in shares of NMI by 51.5% in the third quarter. Harbor Capital Advisors Inc. now owns 856 shares of the financial services provider’s stock valued at $33,000 after buying an additional 291 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in NMI during the second quarter worth $49,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NMI

In other NMI news, Director Michael J. Embler sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $36.90, for a total transaction of $738,000.00. Following the completion of the transaction, the director owned 46,046 shares in the company, valued at approximately $1,699,097.40. This represents a 30.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.00% of the company’s stock.

NMI Company Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.