NMI Holdings/$NMIH
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About NMI Holdings
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, 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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.
- Ticker
- $NMIH
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 225
- Headquarters
- EmeryVille, United States
- Website
- www.nationalmi.com
NMI Holdings Metrics
BasicAdvanced
$3.2B
8.40
$5.08
0.54
-
Price and volume
Market cap
$3.2B
Beta
0.54
52-week high
$46.74
52-week low
$34.84
Average daily volume
892K
Financial strength
Current ratio
1.778
Quick ratio
0.699
Long term debt to equity
0.158
Total debt to equity
0.158
Interest coverage (TTM)
18.79%
Profitability
EBITDA (TTM)
545.693
Gross margin (TTM)
76.38%
Net profit margin (TTM)
54.10%
Operating margin (TTM)
73.24%
Effective tax rate (TTM)
21.98%
Revenue per employee (TTM)
$3,250,000
Management effectiveness
Return on assets (TTM)
8.82%
Return on equity (TTM)
15.43%
Valuation
Price to earnings (TTM)
8.404
Price to revenue (TTM)
4.468
Price to book
1.19
Price to tangible book (TTM)
1.19
Price to free cash flow (TTM)
7.393
Free cash flow yield (TTM)
13.53%
Free cash flow per share (TTM)
5.771
Growth
Revenue change (TTM)
7.53%
Earnings per share change (TTM)
7.85%
3-year revenue growth (CAGR)
10.40%
10-year revenue growth (CAGR)
23.97%
3-year earnings per share growth (CAGR)
12.24%
10-year earnings per share growth (CAGR)
38.49%
What the Analysts think about NMI Holdings
Analyst ratings (Buy, Hold, Sell) for NMI Holdings stock.
Analyst projections of the future price of NMI Holdings stock.
Bulls say / Bears say
New insurance written rose 29% year on year in the second quarter, while primary insurance in force grew 6% to a record $227.1 billion. That points to continuing market-share gains and a larger base for future premiums. (SEC)
Second-quarter net income increased to $105.8 million from $96.2 million a year earlier, and diluted earnings per share rose 14% to $1.38. Premium growth and lower claims supported record quarterly results. (National Mortgage Insurance Corporation)
NMI had $1.6 billion of excess assets above its mortgage-insurer capital requirement at quarter-end and had $166.8 million of buyback authorisation remaining. This capital cushion gives it room to withstand shocks and continue returning capital to shareholders. (SEC)
Elevated interest rates, inflation and weaker consumer confidence could curb housing demand and reduce new mortgage-insurance business. A prolonged fall in home prices or rise in unemployment could also increase defaults and claims. (SEC)
The portfolio default rate edged up to 1.16% from 1.12% at year-end, and current-year claims incurred increased as new delinquencies grew with portfolio seasoning. Favourable releases of $40.6 million from prior-year reserves helped offset claims, so further credit deterioration could pressure earnings. (SEC)
Twelve-month policy persistency fell to 81.4% from 84.1% a year earlier. Faster policy runoff can reduce the premiums earned from the existing book and make growth more dependent on winning new business. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.
NMI Holdings Financial Performance
Revenues and expenses
NMI Holdings Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing NMI Holdings
AllUSDEURGBP
Fund name | Fund size | $NMIH weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.18% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.18% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.13% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.13% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.11% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.