NMI Holdings, Inc. (NMIH)
NASDAQ: NMIH · Real-Time Price · USD
38.68
-0.49 (-1.25%)
Oct 31, 2024, 4:00 PM EDT - Market closed

NMI Holdings Statistics

Total Valuation

NMI Holdings has a market cap or net worth of $3.08 billion. The enterprise value is $3.49 billion.

Market Cap 3.08B
Enterprise Value 3.49B

Important Dates

The next confirmed earnings date is Wednesday, November 6, 2024, after market close.

Earnings Date Nov 6, 2024
Ex-Dividend Date n/a

Share Statistics

NMI Holdings has 79.67 million shares outstanding. The number of shares has decreased by -2.74% in one year.

Shares Outstanding 79.67M
Shares Change (YoY) -2.74%
Shares Change (QoQ) -0.97%
Owned by Insiders (%) 1.48%
Owned by Institutions (%) 101.25%
Float 78.43M

Valuation Ratios

The trailing PE ratio is 9.15 and the forward PE ratio is 8.43. NMI Holdings's PEG ratio is 0.87.

PE Ratio 9.15
Forward PE 8.43
PS Ratio 5.13
Forward PS 5.09
PB Ratio 1.53
P/FCF Ratio 8.40
PEG Ratio 0.87
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.02, with an EV/FCF ratio of 9.38.

EV / Earnings 10.00
EV / Sales 5.64
EV / EBITDA 7.02
EV / EBIT 7.19
EV / FCF 9.38

Financial Position

The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.21.

Current Ratio 1.82
Quick Ratio 0.80
Debt / Equity 0.21
Debt / EBITDA 0.86
Debt / FCF 1.15
Interest Coverage 12.47

Financial Efficiency

Return on equity (ROE) is 18.37% and return on invested capital (ROIC) is 13.08%.

Return on Equity (ROE) 18.37%
Return on Assets (ROA) 10.46%
Return on Capital (ROIC) 13.08%
Revenue Per Employee $2.60M
Profits Per Employee $1.46M
Employee Count 238
Asset Turnover 0.21
Inventory Turnover n/a

Taxes

In the past 12 months, NMI Holdings has paid $97.20 million in taxes.

Income Tax 97.20M
Effective Tax Rate 21.81%

Stock Price Statistics

The stock price has increased by +43.74% in the last 52 weeks. The beta is 1.13, so NMI Holdings's price volatility has been higher than the market average.

Beta (5Y) 1.13
52-Week Price Change +43.74%
50-Day Moving Average 40.48
200-Day Moving Average 34.70
Relative Strength Index (RSI) 35.60
Average Volume (20 Days) 441,370

Short Selling Information

The latest short interest is 1.58 million, so 1.99% of the outstanding shares have been sold short.

Short Interest 1.58M
Short Previous Month 1.55M
Short % of Shares Out 1.99%
Short % of Float 2.02%
Short Ratio (days to cover) 2.79

Income Statement

In the last 12 months, NMI Holdings had revenue of $617.91 million and earned $348.50 million in profits. Earnings per share was $4.23.

Revenue 617.91M
Gross Profit 487.29M
Operating Income 484.54M
Pretax Income 445.69M
Net Income 348.50M
EBITDA 496.42M
EBIT 484.54M
Earnings Per Share (EPS) $4.23
Full Income Statement

Balance Sheet

The company has $149.75 million in cash and $426.31 million in debt, giving a net cash position of -$364.83 million or -$4.58 per share.

Cash & Cash Equivalents 149.75M
Total Debt 426.31M
Net Cash -364.83M
Net Cash Per Share -$4.58
Equity (Book Value) 2.05B
Book Value Per Share 25.65
Working Capital 229.72M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $380.31 million and capital expenditures -$8.85 million, giving a free cash flow of $371.46 million.

Operating Cash Flow 380.31M
Capital Expenditures -8.85M
Free Cash Flow 371.46M
FCF Per Share $4.66
Full Cash Flow Statement

Margins

Gross margin is 78.86%, with operating and profit margins of 78.41% and 56.40%.

Gross Margin 78.86%
Operating Margin 78.41%
Pretax Margin 72.13%
Profit Margin 56.40%
EBITDA Margin 80.34%
EBIT Margin 78.41%
FCF Margin 60.11%

Dividends & Yields

NMI Holdings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 2.74%
Shareholder Yield 2.74%
Earnings Yield 11.17%
FCF Yield 11.90%
Dividend Details

Analyst Forecast

The average price target for NMI Holdings is $42.50, which is 9.88% higher than the current price. The consensus rating is "Buy".

Price Target $42.50
Price Target Difference 9.88%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5