Zacks Research Issues Negative Estimate for NMI Earnings

NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) - Zacks Research decreased their Q1 2025 earnings per share estimates for NMI in a report released on Thursday, March 20th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $1.09 per share for the quarter, down from their prior estimate of $1.10. The consensus estimate for NMI's current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI's Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.54 EPS, Q1 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $4.96 EPS and FY2027 earnings at $5.22 EPS.

NMI (NASDAQ:NMIH - Get Free Report) last posted its quarterly 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 17.33% and a net margin of 55.32%.

Several other brokerages also recently weighed in on NMIH. Keefe, Bruyette & Woods raised shares of NMI from a "market perform" rating to an "outperform" rating and set a $43.00 price target for the company in a research report on Monday, February 24th. UBS Group reduced their target price on NMI from $42.00 to $41.00 and set a "neutral" rating for the company in a report on Wednesday, February 19th. JPMorgan Chase & Co. cut their price objective on NMI from $46.00 to $41.00 and set an "overweight" rating for the company in a report on Monday, December 9th. Finally, Barclays cut NMI from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $48.00 to $41.00 in a research report on Monday, January 6th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.29.

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NMI Stock Up 0.7 %

NMI stock traded up $0.25 during trading hours on Monday, hitting $36.53. The stock had a trading volume of 326,180 shares, compared to its average volume of 470,377. The stock's 50-day moving average price is $36.46 and its 200-day moving average price is $38.01. The stock 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 1.02. NMI has a 12-month low of $29.05 and a 12-month high of $42.49. The company has a quick ratio of 0.83, a current ratio of 0.60 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On NMI

Hedge funds and other institutional investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. increased its holdings in NMI by 28.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 53,897 shares of the financial services provider's stock valued at $2,220,000 after acquiring an additional 11,860 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of NMI by 50.8% in the third quarter. Intech Investment Management LLC now owns 35,011 shares of the financial services provider's stock worth $1,442,000 after purchasing an additional 11,798 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of NMI by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,064,081 shares of the financial services provider's stock worth $43,829,000 after buying an additional 22,756 shares in the last quarter. Citigroup Inc. lifted its position in shares of NMI by 95.4% in the third quarter. Citigroup Inc. now owns 129,180 shares of the financial services provider's stock worth $5,321,000 after buying an additional 63,058 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in NMI by 11.1% during the third quarter. Cerity Partners LLC now owns 17,828 shares of the financial services provider's stock valued at $734,000 after buying an additional 1,786 shares during the last quarter. Institutional investors own 94.12% of the company's stock.

Insider Activity

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