NMIH Earnings Prediction
The chart below shows how NMIH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NMIH sees a -0.82% change in stock price 10 days leading up to the earnings, and a +2.55% change 10 days following the report. On the earnings day itself, the stock moves by -0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
NMIH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
166.50M
9.99%
0.25%
Gross Margin
--
--
--
Operating Margin
70.85%
-5.29%
-6.90%
Net Margin
51.75%
-6.08%
-7.39%
EPS
1.07
5.94%
-6.96%
No Data Available
NMIH Earnings Analysis
NMI Holdings Inc Corporation (NMIH.O) Earnings Conference Call
Positive
Record Adjusted Net Income: National MI achieved record adjusted net income of $365,600,000 in 2024, reflecting a 13% increase compared to 2023, and delivered a 17.6% adjusted return on equity.
Record Revenue Achievement: The company reported total revenue of $166,500,000 for the fourth quarter, marking a record high and contributing to a full year total revenue of $651,000,000, up 12% from 2023.
Record Insurance Growth: National MI's primary insurance in force reached a record $210,200,000,000, representing a 7% increase compared to the fourth quarter of 2023, showcasing strong portfolio growth.
Customer Growth and Engagement: The company activated 118 new lenders in 2024, ending the year with over 1,600 active accounts, indicating significant customer growth and engagement.
Stock Repurchase Commitment: In the fourth quarter, National MI repurchased $27,900,000 of common stock, contributing to a total of $245,000,000 repurchased over the year, demonstrating a commitment to returning capital to shareholders.
Negative
Customer Retention Decline: Twelve month persistency decreased to 84.6% in the fourth quarter from 85.5% in the third quarter, indicating a decline in customer retention.
Claims Expense Increase: Claims expense rose to $17,300,000 in the fourth quarter, a significant increase from $10,300,000 in the third quarter, reflecting higher claims activity.
Default Rate Analysis: The default rate at year-end was 1%, with 6,642 defaults reported, including 471 new notices related to disaster areas, suggesting potential future financial strain.
Expense Ratio Increase: Underwriting and operating expenses increased to $31,100,000 in the fourth quarter from $29,200,000 in the third quarter, leading to an expense ratio of 21.7%.
Net Yield Decline: Net yield for the quarter was 27 basis points, indicating a decline from previous periods, which could impact overall profitability.
NMIH FAQs
How does NMIH typically perform around its earnings report dates?
Is NMI Holdings Inc (NMIH) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
NMIH Earning Call Sentiment
Earnings call transcript: NMI Holdings misses Q4 2024 EPS forecast, revenue beats
NMIH.O
-0.9%Positive
The earnings call reflects strong financial performance with increased NIW volume, insurance in force, net income, and EPS. The share repurchase program is robust, enhancing shareholder returns. Despite challenges like storm-related defaults and elevated interest rates, management's proactive risk management and stable expense ratio are positive. The Q&A reveals cautious optimism, with no major negative sentiment from analysts. The market cap suggests moderate stock reaction. Overall, the financial strength and shareholder return strategy support a positive outlook for stock movement.
