NMI Holdings/NMIH

$30.79

1.01%
-
1D1W1MYTD1YMAX

About NMI Holdings

NMI Holdings, Inc. provides mortgage insurance (MI) through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.

Ticker

NMIH

Sector

Financials

Trading on

NASDAQ

Industry

Insurance (Prop. & Casualty)

CEO

Bradley Shuster

Employees

238

Headquarters

Emeryville, United States

NMI Holdings Metrics

BasicAdvanced
$2.46B
Market cap
7.93
P/E ratio
$3.84
EPS
1.06
Beta
-
Dividend rate
$2.46B
1.06124
$32.50
$22.22
576.84K
20.644
20.644
13.81%
11.81%
18.2%
7.931
4.242
1.28
1.278
7.369
10.64%
12.83%
10.15%
21.07%

What the Analysts think about NMI Holdings

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 7 analysts.
17.38% upside
High $40.00
Low $33.00
$30.79
Current price
$36.14
Average price target

NMI Holdings Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
55.12% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$151.3M
2.16%
Net income
$83.4M
-0.6%
Profit margin
55.12%
-2.7%

NMI Holdings Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 5.55%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.88
$0.95
$1.00
$1.01
-
Expected
$0.82
$0.86
$0.92
$0.96
$0.99
Surprise
7.07%
10.24%
8.79%
5.55%
-
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 a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for NMI Holdings stock?

NMI Holdings (NMIH) has a market cap of $2.46B as of April 24, 2024.

What is the P/E ratio for NMI Holdings stock?

The price to earnings (P/E) ratio for NMI Holdings (NMIH) stock is 7.93 as of April 24, 2024.

Does NMI Holdings stock pay dividends?

No, NMI Holdings (NMIH) stock does not pay dividends to its shareholders as of April 24, 2024.

When is the next NMI Holdings dividend payment date?

NMI Holdings (NMIH) stock does not pay dividends to its shareholders.

What is the beta indicator for NMI Holdings?

NMI Holdings (NMIH) has a beta rating of 1.06. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the NMI Holdings stock price target?

The target price for NMI Holdings (NMIH) stock is $36.14, which is 17.38% above the current price of $30.79. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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