Somewhat Positive News Coverage Somewhat Unlikely to Impact NMI (NMIH) Stock Price

Press coverage about NMI (NASDAQ:NMIH) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NMI earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.0071800314651 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of NMI (NASDAQ NMIH) opened at $18.95 on Tuesday. NMI has a 1-year low of $10.07 and a 1-year high of $19.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.24 and a quick ratio of 0.24. The company has a market cap of $1,130.00, a price-to-earnings ratio of 13.35 and a beta of 0.84.

NMI (NASDAQ:NMIH) last posted its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $0.20 EPS for the quarter, beating the consensus estimate of $0.14 by $0.06. NMI had a net margin of 51.80% and a return on equity of 6.95%. The company had revenue of $48.95 million for the quarter, compared to analyst estimates of $45.79 million. During the same period in the prior year, the company earned $0.10 earnings per share. The firm’s revenue was up 37.8% on a year-over-year basis. equities research analysts anticipate that NMI will post 0.56 EPS for the current year.

NMIH has been the topic of a number of research analyst reports. ValuEngine lowered shares of NMI from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research raised shares of NMI from a “hold” rating to a “strong-buy” rating and set a $15.00 price target on the stock in a report on Saturday, October 14th. Compass Point reaffirmed a “neutral” rating and issued a $13.00 price target on shares of NMI in a report on Saturday, October 14th. Singular Research assumed coverage on shares of NMI in a report on Monday, October 16th. They issued a “buy” rating and a $16.00 price target on the stock. Finally, Deutsche Bank set a $16.00 price target on shares of NMI and gave the company a “buy” rating in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $18.36.

In other NMI news, COO Claudia J. Merkle sold 15,000 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $17.80, for a total value of $267,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Julie Norberg sold 16,600 shares of the company’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $16.73, for a total transaction of $277,718.00. Following the completion of the transaction, the vice president now owns 32,305 shares of the company’s stock, valued at approximately $540,462.65. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,600 shares of company stock valued at $714,618. Insiders own 5.40% of the company’s stock.

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About NMI

NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company’s primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs).

Insider Buying and Selling by Quarter for NMI (NASDAQ:NMIH)

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