Zacks Research Issues Pessimistic Forecast for NMI Earnings

NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) - Stock analysts at Zacks Research lowered their FY2026 earnings per share (EPS) estimates for NMI in a research note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $5.00 per share for the year, down from their prior estimate of $5.09. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q4 2026 earnings at $1.27 EPS.

NMIH has been the subject of a number of other reports. JPMorgan Chase & Co. lowered their price objective on shares of NMI from $46.00 to $41.00 and set an "overweight" rating for the company in a research note on Monday, December 9th. Royal Bank of Canada decreased their target price on shares of NMI from $48.00 to $47.00 and set an "outperform" rating for the company in a research report on Thursday, November 7th. Keefe, Bruyette & Woods raised shares of NMI from a "market perform" rating to an "outperform" rating and set a $43.00 price target on the stock in a report on Monday, February 24th. UBS Group decreased their price objective on NMI from $42.00 to $41.00 and set a "neutral" rating for the company in a report on Wednesday, February 19th. Finally, Barclays downgraded NMI from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $48.00 to $41.00 in a research note on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.29.

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NMI Trading Up 0.2 %

Shares of NASDAQ:NMIH traded up $0.09 during trading hours on Thursday, hitting $36.53. 1,126,136 shares of the company's stock traded hands, compared to its average volume of 513,938. NMI has a 1 year low of $29.05 and a 1 year high of $42.49. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.60 and a quick ratio of 0.83. The firm has a market capitalization of $2.87 billion, a P/E ratio of 8.25, a price-to-earnings-growth ratio of 1.41 and a beta of 1.12. The business has a fifty day moving average price of $36.78 and a 200-day moving average price of $38.55.

NMI (NASDAQ:NMIH - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.07). NMI had a return on equity of 17.33% and a net margin of 55.32%.

Insider Buying and Selling

In other NMI news, EVP Mohammad Nawaz Yousaf sold 1,083 shares of NMI stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $35.44, for a total transaction of $38,381.52. Following the completion of the transaction, the executive vice president now owns 49,218 shares in the company, valued at approximately $1,744,285.92. This trade represents a 2.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Norman Peter Fitzgerald sold 20,000 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $35.88, for a total value of $717,600.00. Following the sale, the executive vice president now directly owns 37,470 shares in the company, valued at approximately $1,344,423.60. This trade represents a 34.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by corporate insiders.

Institutional Trading of NMI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. raised its holdings in NMI by 66.5% in the 4th quarter. Principal Securities Inc. now owns 716 shares of the financial services provider's stock worth $26,000 after purchasing an additional 286 shares during the period. Smartleaf Asset Management LLC increased its position in shares of NMI by 288.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,868 shares of the financial services provider's stock valued at $69,000 after buying an additional 1,387 shares in the last quarter. Covestor Ltd lifted its position in shares of NMI by 601.1% during the 4th quarter. Covestor Ltd now owns 1,893 shares of the financial services provider's stock valued at $70,000 after buying an additional 1,623 shares in the last quarter. Sterling Capital Management LLC grew its stake in NMI by 786.1% in the 4th quarter. Sterling Capital Management LLC now owns 2,295 shares of the financial services provider's stock valued at $84,000 after acquiring an additional 2,036 shares during the period. Finally, KBC Group NV increased its holdings in NMI by 38.3% in the 4th quarter. KBC Group NV now owns 3,221 shares of the financial services provider's stock worth $118,000 after acquiring an additional 892 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company's stock.

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.