NMI (NMIH) to Release Earnings on Wednesday

NMI (NASDAQ:NMIH - Get Free Report) is expected to release its Q4 2024 earnings data after the market closes on Wednesday, February 12th. Analysts expect NMI to post earnings of $1.14 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

NMI (NASDAQ:NMIH - Get Free Report) last released its earnings results on Wednesday, February 12th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.07). NMI had a return on equity of 17.64% and a net margin of 55.32%. On average, analysts expect NMI to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

NMI Trading Down 4.8 %

NASDAQ:NMIH traded down $1.85 during mid-day trading on Friday, hitting $36.95. 667,272 shares of the stock traded hands, compared to its average volume of 395,000. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 0.92 and a beta of 1.12. NMI has a 52 week low of $28.73 and a 52 week high of $42.49. The firm's 50 day moving average is $37.57 and its two-hundred day moving average is $38.77.

Wall Street Analyst Weigh In

NMIH has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their price target on NMI from $46.00 to $41.00 and set an "overweight" rating on the stock in a report on Monday, December 9th. Royal Bank of Canada reduced their target price on NMI from $48.00 to $47.00 and set an "outperform" rating on the stock in a research note on Thursday, November 7th. Barclays lowered shares of NMI from an "overweight" rating to an "equal weight" rating and lowered their target price for the company from $48.00 to $41.00 in a research note on Monday, January 6th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of NMI from $44.00 to $43.00 and set a "market perform" rating on the stock in a research note on Wednesday, January 8th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, NMI has a consensus rating of "Moderate Buy" and a consensus price target of $42.00.

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.