Zacks Research Issues Optimistic Forecast for NMI Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Equities researchers at Zacks Research lifted their Q2 2026 earnings per share estimates for shares of NMI in a research report issued to clients and investors on Tuesday, April 21st. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $1.32 per share for the quarter, up from their prior estimate of $1.31. The consensus estimate for NMI’s current full-year earnings is $5.13 per share. Zacks Research also issued estimates for NMI’s Q3 2026 earnings at $1.31 EPS, Q4 2026 earnings at $1.29 EPS, FY2026 earnings at $5.13 EPS and Q1 2028 earnings at $1.36 EPS.

Several other research firms have also issued reports on NMIH. JPMorgan Chase & Co. reduced their target price on NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. UBS Group set a $43.00 target price on NMI in a report on Monday, January 12th. Keefe, Bruyette & Woods upped their target price on NMI from $48.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a report on Thursday, January 22nd. Finally, Barclays reduced their target price on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NMI has an average rating of “Moderate Buy” and an average target price of $43.20.

NMI Stock Performance

NMIH stock opened at $39.78 on Wednesday. The firm has a market cap of $3.03 billion, a PE ratio of 8.10, a P/E/G ratio of 1.11 and a beta of 0.64. 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 business has a 50 day moving average of $38.53 and a 200-day moving average of $38.37. NMI has a 12-month low of $33.11 and a 12-month high of $43.20.

NMI (NASDAQ:NMIH) last issued its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm 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 period in the previous year, the company posted $1.07 EPS.

Insider Buying and Selling at NMI

In other NMI news, Chairman Bradley M. Shuster sold 55,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $39.63, for a total transaction of $2,179,650.00. Following the completion of the transaction, the chairman directly owned 415,411 shares of the company’s stock, valued at approximately $16,462,737.93. This represents a 11.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mohammad Nawaz Yousaf sold 16,000 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.89, for a total value of $638,240.00. Following the transaction, the executive vice president directly 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 189,412 shares of company stock valued at $7,357,746. Company insiders own 2.44% of the company’s stock.

Hedge Funds Weigh In On NMI

Institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP grew its holdings in NMI by 196.0% during the third quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 437 shares during the period. Maseco LLP purchased a new stake in shares of NMI during the fourth quarter worth $31,000. IFP Advisors Inc lifted its position 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 in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of NMI by 51.5% during the third quarter. Harbor Capital Advisors Inc. now owns 856 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 291 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of NMI by 161.5% during the fourth quarter. Farther Finance Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 620 shares in the last quarter. 94.12% of the stock is owned by institutional investors.

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.