Zacks Research Has Positive Outlook for NMI FY2027 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Research analysts at Zacks Research raised their FY2027 earnings estimates for shares of NMI in a note issued to investors on Thursday, April 2nd. Zacks Research analyst Team now anticipates that the financial services provider will earn $5.49 per share for the year, up from their prior estimate of $5.48. The consensus estimate for NMI’s current full-year earnings is $4.62 per share.

Several other analysts have also weighed in on the company. JPMorgan Chase & Co. upped their price objective on NMI from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Weiss Ratings reissued a “buy (b)” rating on shares of NMI in a research note on Thursday, January 22nd. Barclays cut their target price on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday. Keefe, Bruyette & Woods raised shares of NMI from a “market perform” rating to an “outperform” rating and increased their target price for the company from $46.00 to $48.00 in a research note on Thursday, December 18th. Finally, UBS Group set a $43.00 target price on shares of NMI in a research note on Monday, January 12th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NMI has an average rating of “Moderate Buy” and a consensus price target of $42.80.

NMI Trading Up 0.7%

Shares of NMI stock opened at $38.18 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 1.03 and a beta of 0.64. The business has a fifty day simple moving average of $38.61 and a 200-day simple moving average of $38.32. NMI has a fifty-two week low of $31.90 and a fifty-two week high of $43.20.

NMI (NASDAQ:NMIH) last announced its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $180.74 million during the quarter, compared to analyst estimates of $180.69 million. NMI had a return on equity of 15.78% and a net margin of 55.05%.During the same quarter in the prior year, the firm posted $1.07 earnings per share.

Insider Activity

In other news, Chairman Bradley M. Shuster sold 18,953 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $37.35, for a total transaction of $707,894.55. Following the completion of the sale, the chairman directly owned 415,411 shares of the company’s stock, valued at $15,515,600.85. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mohammad Nawaz Yousaf sold 16,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $39.89, for a total transaction of $638,240.00. Following the completion of the sale, the executive vice president owned 38,733 shares of the company’s stock, valued at approximately $1,545,059.37. This trade represents a 29.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 189,412 shares of company stock valued at $7,357,746 over the last three months. Insiders own 2.44% of the company’s stock.

Institutional Investors Weigh In On NMI

Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in shares of NMI by 0.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,317,436 shares of the financial services provider’s stock valued at $176,111,000 after acquiring an additional 28,569 shares in the last quarter. American Century Companies Inc. lifted its stake in NMI by 5.8% in 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. lifted its stake in NMI by 5.6% in 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 lifted its stake in NMI by 0.3% in 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, Frontier Capital Management Co. LLC lifted its stake in NMI by 3.9% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,119,957 shares of the financial services provider’s stock worth $47,251,000 after acquiring an additional 42,436 shares in the last quarter. Hedge funds and other institutional investors 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.