Zacks Research Estimates NMI’s Q1 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Investment analysts at Zacks Research lowered their Q1 2028 earnings per share estimates for shares of NMI in a research report issued to clients and investors on Tuesday, June 30th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $1.34 for the quarter, down from their prior forecast of $1.36. The consensus estimate for NMI’s current full-year earnings is $5.12 per share. Zacks Research also issued estimates for NMI’s FY2028 earnings at $5.37 EPS.

A number of other analysts have also recently weighed in on the stock. Royal Bank Of Canada initiated coverage on shares of NMI in a research note on Friday, May 22nd. They set an “outperform” rating and a $46.00 price target for the company. Weiss Ratings upgraded shares of NMI from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 12th. JPMorgan Chase & Co. reduced their target price on shares of NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Keefe, Bruyette & Woods increased their target price on shares of NMI from $46.00 to $47.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Finally, UBS Group set a $46.00 price target on NMI in a report on Friday, May 22nd. Four 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, NMI presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.00.

NMI Stock Performance

Shares of NMI stock opened at $41.09 on Wednesday. The firm’s fifty day simple moving average is $38.16 and its 200-day simple moving average is $38.76. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 8.37, a PEG ratio of 1.43 and a beta of 0.55. NMI has a 12 month low of $34.84 and a 12 month high of $43.20. 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 (NASDAQ:NMIH) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $183.47 million during the quarter, compared to analysts’ expectations of $153.99 million. NMI had a return on equity of 15.18% and a net margin of 53.82%.The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.28 earnings per share.

Insider Buying and Selling at NMI

In related news, Director Michael Curry Montgomery sold 1,554 shares of the stock in a transaction on 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 sale, the director directly 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 document filed with the Securities & Exchange Commission, which is available through this link. 2.44% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NMI

Large investors have recently bought and sold shares of the company. Allworth Financial LP lifted its stake in shares of NMI by 196.0% in the 3rd quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 437 shares during the period. Maseco LLP acquired a new position in shares of NMI during the fourth quarter worth about $31,000. IFP Advisors Inc increased its stake in shares of NMI by 189.5% during the fourth quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 521 shares during the period. Pacer Advisors Inc. raised its holdings in NMI by 58.7% during the first 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 in the last quarter. Finally, Bessemer Group Inc. raised its holdings in NMI by 34.0% during the first 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. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About NMI

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.