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NMIH Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
37.915
Open
37.915
VWAP
37.46
Vol
192.44K
Mkt Cap
2.85B
Low
36.980
Amount
7.21M
EV/EBITDA(TTM)
5.98
Total Shares
76.16M
EV
3.23B
EV/OCF(TTM)
7.69
P/S(TTM)
4.19
NMI Holdings, Inc. provides mortgage insurance (MI), through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.
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Events Timeline

(ET)
2026-02-10
16:10:00
National MI Reports Q4 Revenue of $180.7M
select
2025-11-04 (ET)
2025-11-04
16:28:00
NMI Holdings announces Q3 adjusted EPS of $1.22, surpassing consensus estimate of $1.21
select
2025-07-29 (ET)
2025-07-29
16:10:15
NMI Holdings reports Q2 adjusted EPS $1.22, consensus $1.19
select

News

Fool
5.0
03-30Fool
NMI Holdings Executive Exercises Options and Sells Shares
  • Options Exercise and Share Sale: NMI Holdings Executive Chairman Bradley Shuster exercised 55,158 options and immediately sold 19,430 common shares for a total transaction value of approximately $756,000, demonstrating effective liquidity management.
  • Shareholding Changes: Post-transaction, Shuster holds 415,411 shares directly and 47,150 shares indirectly, totaling 462,561 shares, indicating continued confidence in the company's future prospects.
  • Tax Management Strategy: In this transaction, 35,728 shares were withheld for taxes while the remaining shares were sold in the open market, reflecting common liquidity and tax management practices following option vesting.
  • Market Environment Consideration: Despite NMI Holdings achieving a net income of $388.9 million in FY 2025 and maintaining a strong insurance portfolio, the elevated mortgage rate of 6.38% poses challenges to market demand, prompting investors to monitor future policy changes and interest rate trends.
NASDAQ.COM
5.0
03-30NASDAQ.COM
Shuster Exercises Options and Sells Shares for Tax Purposes
  • Transaction Overview: On March 5, 2026, Shuster exercised 55,158 options and sold 19,430 common shares for approximately $756,000 at a price of $38.91 per share, indicating a strategic liquidity management approach to his holdings.
  • Holding Adjustment: This transaction reduced Shuster's direct holdings by 4.03%, yet he retains 415,411 common shares and 47,150 shares via trust, reflecting ongoing confidence in the company's future prospects.
  • Market Environment Analysis: NMI Holdings reported a net income of $388.9 million for 2025, demonstrating resilience in a challenging market with mortgage rates averaging 6.38%, showcasing the company's stable profitability.
  • Investor Focus: NMI's business model relies on private mortgage insurance, generating steady fee-based income, and investors should monitor mortgage rate fluctuations and policy changes to assess future market demand.
NASDAQ.COM
5.0
03-24NASDAQ.COM
NMI Holdings Chairman Sells Shares in Routine Transaction
  • Share Sale Details: On March 19, 2026, NMI Holdings' Executive Chairman Bradley M. Shuster sold 18,996 common shares for approximately $704,000, stemming from an option exercise of 55,158 shares, with 36,162 shares withheld for taxes, indicating a routine compensation-driven sale aligned with his recent trading pattern.
  • Ownership Status: Post-transaction, Shuster retains 415,411 common shares directly and 47,150 shares indirectly via the Shuster Family Trust, reflecting continued alignment with shareholders despite the sale being perceived as a standard compensation action.
  • Financial Performance: NMI Holdings reported a net income of $388.9 million in 2025, translating to earnings of $4.92 per share, an increase from $360.1 million the previous year, while achieving a 16.2% return on equity and an insurance-in-force amounting to $221.4 billion, indicating robust business growth.
  • Market Outlook Analysis: While insider selling is not unusual, especially when part of a structured plan, NMI Holdings' ongoing earnings growth and portfolio expansion suggest that if housing demand remains stable, the company's stock performance could be poised for a rebound.
Fool
5.0
03-24Fool
NMI Holdings Chairman Sells 18,996 Shares Amid Option Exercise
  • Transaction Overview: On March 19, 2026, NMI Holdings' Executive Chairman Bradley M. Shuster sold 18,996 common shares in open-market transactions for approximately $704,000, linked to an option exercise and tax withholding, indicating a routine compensation-driven sale rather than a fundamental shift.
  • Ownership Changes: Post-transaction, Shuster retains 415,411 shares directly and 47,150 shares indirectly, along with 55,158 outstanding options, suggesting continued alignment with shareholders and future liquidity potential despite the sale.
  • Market Performance: The shares were sold at a weighted average price of $37.05, closely aligning with the market close of $37.25 on March 19, 2026, reflecting a 2.88% increase in NMI Holdings' stock price over the past year, indicating stable growth in a resilient market.
  • Financial Health: NMI Holdings reported a net income of $388.93 million in 2025, up from $360.1 million the previous year, with insurance-in-force reaching $221.4 billion, showcasing the company's robust performance and capacity for sustained portfolio expansion in the mortgage insurance sector.
seekingalpha
9.5
02-11seekingalpha
NMI Holdings Reports Record Q4 2025 Earnings and Growth
  • Significant Earnings Growth: NMI Holdings reported total revenue of $180.7 million in Q4 2025, an 8% increase from Q4 2024, with net income reaching $94.2 million and diluted EPS of $1.20, reflecting the company's strong performance and profitability in the insurance market.
  • Insurance Business Expansion: The company achieved $14.2 billion in new insurance written in Q4 2025, with total insurance-in-force growing to $221.4 billion, a 5.4% increase from 2024, indicating NMI's competitive strength and expanding customer base in the market.
  • Enhanced Shareholder Returns: NMI repurchased $31 million of common stock in Q4, retiring 811,000 shares at an average price of $37.72, demonstrating the company's commitment to shareholder value and robust cash flow management.
  • Optimistic Outlook: While no explicit guidance for 2026 was provided, management expressed confidence in the long-term prospects of the private mortgage insurance market, emphasizing the resilience of the macro environment and ongoing business opportunities, with expectations for stable core yields.
seekingalpha
9.5
02-10seekingalpha
NMI Holdings Q4 Earnings Beat Expectations
  • Earnings Beat: NMI Holdings reported a Q4 non-GAAP EPS of $1.20, exceeding expectations by $0.01, which reflects the company's strong profitability and boosts investor confidence.
  • Stable Revenue Growth: The company achieved Q4 revenue of $180.74 million, an 8.6% year-over-year increase, aligning with market expectations and indicating solid performance in a competitive landscape.
  • Positive Market Reaction: The earnings beat is likely to elicit a positive market response, potentially driving the stock price higher and enhancing the company's appeal in the capital markets.
  • Optimistic Outlook: With ongoing operational optimizations and market share expansion, NMI Holdings is expected to maintain steady revenue growth in the coming quarters, further solidifying its position in the industry.
Wall Street analysts forecast NMIH stock price to rise
3 Analyst Rating
Wall Street analysts forecast NMIH stock price to rise
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
43.00
Averages
45.00
High
48.00
Current: 0.000
sliders
Low
43.00
Averages
45.00
High
48.00
Barclays
Equal Weight
maintain
$43 -> $44
AI Analysis
2026-01-06
Reason
Barclays
Price Target
$43 -> $44
AI Analysis
2026-01-06
maintain
Equal Weight
Reason
Barclays raised the firm's price target on NMI Holdings to $44 from $43 and keeps an Equal Weight rating on the shares. The firm sees additional upside in select consumer finance name in 2026. A "benign' credit environment sets the stage for loan growth, the analyst tells investors in a research note. Barclays also forecasts a better mortgage origination market in 2026. The firm adjusted price targets as part of its 2026 outlook.
Keefe Bruyette
Bose George
Market Perform
to
Outperform
upgrade
$46 -> $48
2025-12-17
Reason
Keefe Bruyette
Bose George
Price Target
$46 -> $48
2025-12-17
upgrade
Market Perform
to
Outperform
Reason
Keefe Bruyette analyst Bose George upgraded NMI Holdings to Outperform from Market Perform with a price target of $48, up from $46. The firm expects a decline in short rates in 2026, but thinks the long-end will remain fairly range-bound. Heading into 2026, Keefe is "reasonably constructive" on the mortgage insurers given its expectation that the companies will generate double-digit book value growth. It upgrades NMI Holdings as part of its 2026 outlook.
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Valuation Metrics

The current forward P/E ratio for NMI Holdings Inc (NMIH.O) is 8.13, compared to its 5-year average forward P/E of 7.18. For a more detailed relative valuation and DCF analysis to assess NMI Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.18
Current PE
8.13
Overvalued PE
8.12
Undervalued PE
6.24

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.75
Current PS
4.25
Overvalued PS
4.25
Undervalued PS
3.24

Financials

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Whales Holding NMIH

V
Van Berkom and Associates Inc.
Holding
NMIH
+1.36%
3M Return
D
Donald Smith & Co., Inc.
Holding
NMIH
-16.81%
3M Return

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Frequently Asked Questions

What is NMI Holdings Inc (NMIH) stock price today?

The current price of NMIH is 37.47 USD — it has increased 0.05

What is NMI Holdings Inc (NMIH)'s business?

NMI Holdings, Inc. provides mortgage insurance (MI), through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.

What is the price predicton of NMIH Stock?

Wall Street analysts forecast NMIH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NMIH is45.00 USD with a low forecast of 43.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is NMI Holdings Inc (NMIH)'s revenue for the last quarter?

NMI Holdings Inc revenue for the last quarter amounts to 180.74M USD, increased 8.55

What is NMI Holdings Inc (NMIH)'s earnings per share (EPS) for the last quarter?

NMI Holdings Inc. EPS for the last quarter amounts to 1.20 USD, increased 12.15

How many employees does NMI Holdings Inc (NMIH). have?

NMI Holdings Inc (NMIH) has 225 emplpoyees as of March 31 2026.

What is NMI Holdings Inc (NMIH) market cap?

Today NMIH has the market capitalization of 2.85B USD.