Zacks Research Weighs in on NMI’s Q1 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Stock analysts at Zacks Research cut their Q1 2028 EPS estimates for NMI in a research note issued to investors on Thursday, June 25th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $1.36 per share for the quarter, down from their prior forecast of $1.37. 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 $5.39 EPS.

Several other research analysts have also weighed in on NMIH. Barclays lowered their price objective on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. UBS Group set a $46.00 target price on NMI in a research report on Friday, May 22nd. JPMorgan Chase & Co. decreased their price target on NMI from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Keefe, Bruyette & Woods upped their price target on NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Royal Bank Of Canada began coverage on NMI in a report on Friday, May 22nd. They set an “outperform” rating and a $46.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, NMI has an average rating of “Moderate Buy” and a consensus target price of $45.00.

NMI Stock Up 0.3%

NMIH stock opened at $39.55 on Friday. The firm has a market cap of $3.00 billion, a PE ratio of 8.06, a PEG ratio of 1.37 and a beta of 0.55. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s 50 day moving average price is $38.06 and its 200-day moving average price is $38.70. NMI has a one year low of $34.84 and a one year high of $43.20.

NMI (NASDAQ:NMIH) last posted its earnings results on Thursday, April 30th. The financial services provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. NMI had a net margin of 53.82% and a return on equity of 15.18%. The company had revenue of $183.47 million for the quarter, compared to analyst estimates of $153.99 million. During the same period in the previous year, the business posted $1.28 EPS. NMI’s revenue was up 5.9% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Allworth Financial LP grew its stake in shares of NMI by 196.0% in the third quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock valued at $25,000 after buying an additional 437 shares in the last quarter. Maseco LLP acquired a new position in NMI during the 4th quarter worth about $31,000. IFP Advisors Inc boosted its holdings in NMI by 189.5% during the 4th quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 521 shares during the period. Pacer Advisors Inc. boosted its holdings in NMI by 58.7% during the 1st quarter. Pacer Advisors Inc. now owns 1,006 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 372 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in NMI by 34.0% during the 1st quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 272 shares during the period. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NMI

In other news, Director Michael Curry Montgomery sold 1,554 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total value of $58,896.60. Following the transaction, the director directly owned 69,026 shares in the company, valued at approximately $2,616,085.40. This represents a 2.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.44% of the company’s stock.

NMI Company Profile

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.