NMI Holdings, Inc. (NMIH)

NASDAQ: NMIH · IEX Real-Time Price · USD
33.61
+0.09 (0.27%)
At close: May 15, 2024, 4:00 PM
34.13
+0.52 (1.55%)
After-hours: May 15, 2024, 7:59 PM EDT
0.27%
Market Cap 2.70B
Revenue (ttm) 598.48M
Net Income (ttm) 336.70M
Shares Out 80.28M
EPS (ttm) 4.04
PE Ratio 8.32
Forward PE 7.81
Dividend n/a
Ex-Dividend Date n/a
Volume 295,948
Open 33.72
Previous Close 33.52
Day's Range 33.38 - 33.79
52-Week Range 23.94 - 34.33
Beta 1.06
Analysts Strong Buy
Price Target 35.22 (+4.79%)
Earnings Date Apr 30, 2024

About NMIH

NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California. [Read more]

Sector Financials
IPO Date Nov 8, 2013
Employees 238
Stock Exchange NASDAQ
Ticker Symbol NMIH
Full Company Profile

Financial Performance

In 2023, NMI Holdings's revenue was $579.00 million, an increase of 10.64% compared to the previous year's $523.35 million. Earnings were $322.11 million, an increase of 9.97%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for NMIH stock is "Strong Buy." The 12-month stock price forecast is $35.22, which is an increase of 4.79% from the latest price.

Price Target
$35.22
(4.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NMI Holdings, Inc. Prices $425 Million Senior Unsecured Notes Offering and Enters Into New $250 Million Unsecured Revolving Credit Facility

EMERYVILLE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) (the “Company”) announced today that it has priced its public offering (the “Offering”) of $425 million aggregate...

8 days ago - GlobeNewsWire

NMI Holdings, Inc. Reports Record First Quarter 2024 Financial Results

EMERYVILLE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $89.0 million, up 7% compared to $83.4 million in the fourth quarter ended Decembe...

15 days ago - GlobeNewsWire

NMI Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 30, 2024

EMERYVILLE, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will rep...

4 weeks ago - GlobeNewsWire

NMI Holdings, Inc. Announces CFO Transition

Aurora Swithenbank Named Executive Vice President and Chief Financial Officer Effective May 1, 2024; Ravi Mallela to Continue to Serve as Chief Financial Officer Through Transition Period Aurora Swith...

2 months ago - GlobeNewsWire

NMI Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

EMERYVILLE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $83.4 million, or $1.01 per diluted share, for the fourth quarter ended December 31...

3 months ago - GlobeNewsWire

NMI Holdings, Inc. Receives Ratings Upgrade from Moody's Investors Service

EMERYVILLE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today announced that Moody's Investors Service (“Moody's”) has upgraded the insurance financial strength rating ...

3 months ago - GlobeNewsWire

NMI Holdings, Inc. Receives “A-” Insurer Financial Strength and “BBB+” Senior Debt Ratings from Fitch

EMERYVILLE, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today announced that Fitch Ratings has assigned its principal operating subsidiary, National Mortgage Insurance ...

4 months ago - GlobeNewsWire

NMI Holdings, Inc. to Announce Fourth Quarter 2023 Financial Results on February 14, 2024

EMERYVILLE, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repor...

4 months ago - GlobeNewsWire

NMI Holdings, Inc. Elevates William Leatherberry to Chief Administrative Officer

EMERYVILLE, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH) announced today that William (Bill) Leatherberry, currently the company's Executive Vice President, Chief Legal...

5 months ago - GlobeNewsWire

NMI Holdings, Inc. Reports Record Third Quarter 2023 Financial Results

EMERYVILLE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $84.0 million, or $1.00 per diluted share, for the third quarter ended September 30...

7 months ago - GlobeNewsWire

National MI Integrates with Mortgage Cadence LFC Platform

EMERYVILLE, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI) , a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is now integrated with the Loan Fulfill...

7 months ago - GlobeNewsWire

NMI Holdings, Inc. to Announce Third Quarter 2023 Financial Results on November 1, 2023; Reminder to Register for Annual Investor Day to be Held November 16, 2023

EMERYVILLE, Calif., Oct. 11, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repor...

7 months ago - GlobeNewsWire

NMI Holdings, Inc. Appoints John Erickson to Board of Directors

EMERYVILLE, Calif., Sept. 14, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (Nasdaq:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), announced today that John Erickso...

8 months ago - GlobeNewsWire

NMI Holdings, Inc. To Host Investor Day On November 16, 2023

EMERYVILLE, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will host...

9 months ago - GlobeNewsWire

NMI Holdings, Inc. Reports Second Quarter 2023 Financial Results; Announces Additional $200 Million Share Repurchase Authorization

EMERYVILLE, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $80.3 million, or $0.95 per diluted share, for the second quarter ended June 30, 20...

10 months ago - GlobeNewsWire

NMI Holdings, Inc. to Announce Second Quarter 2023 Financial Results on August 1, 2023

EMERYVILLE, Calif., July 13, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repo...

10 months ago - GlobeNewsWire

National MI Certified as a Great Place to Work for Eighth Consecutive Year

EMERYVILLE, Calif., June 27, 2023 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI) , the primary operating subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced today tha...

11 months ago - GlobeNewsWire

National MI Integrates with Vesta LOS

Lenders are now able to view quotes and order risk-based mortgage insurance through Rate GPS directly through the Vesta LOS platform Lenders are now able to view quotes and order risk-based mortgage i...

1 year ago - GlobeNewsWire

NMI Holdings, Inc. Reports First Quarter 2023 Financial Results

EMERYVILLE, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $74.5 million, or $0.88 per diluted share, for the first quarter ended March 31, 202...

1 year ago - GlobeNewsWire

National MI Integrates with Blend

Private mortgage insurer's integration with Blend's end-to-end digital platform enables a more transparent and streamlined mortgage process for lenders and consumers Private mortgage insurer's integra...

1 year ago - GlobeNewsWire

NMI Holdings, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

EMERYVILLE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $72.9 million, or $0.86 per diluted share, for the fourth quarter ended December 31...

1 year ago - GlobeNewsWire

NMI Holdings, Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on February 14, 2023

EMERYVILLE, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repo...

1 year ago - GlobeNewsWire

National MI's Mohammad Yousaf Honored as ‘Mortgage Industry Titan'

EVP of operations and IT recognized by National Mortgage Professional for his achievements, innovation and leadership EVP of operations and IT recognized by National Mortgage Professional for his achi...

1 year ago - GlobeNewsWire

NMI Holdings, Inc. Reports Third Quarter 2022 Financial Results

EMERYVILLE, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $76.8 million, or $0.90 per diluted share, for the third quarter ended September 30...

1 year ago - GlobeNewsWire

NMI Holdings, Inc. to Announce Third Quarter 2022 Financial Results on November 1, 2022

EMERYVILLE, Calif., Oct. 13, 2022 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repor...

1 year ago - GlobeNewsWire