NMI Holdings, Inc. (NMIH)
Market Cap | 2.87B |
Revenue (ttm) | 650.97M |
Net Income (ttm) | 360.11M |
Shares Out | 78.45M |
EPS (ttm) | 4.43 |
PE Ratio | 8.25 |
Forward PE | 7.86 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 368,481 |
Open | 36.17 |
Previous Close | 36.44 |
Day's Range | 36.22 - 37.08 |
52-Week Range | 29.05 - 42.49 |
Beta | 1.02 |
Analysts | Buy |
Price Target | 42.29 (+15.77%) |
Earnings Date | Feb 6, 2025 |
About NMIH
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers primary mortgage insurance services; 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]
Financial Performance
In 2024, NMI Holdings's revenue was $650.97 million, an increase of 12.43% compared to the previous year's $579.00 million. Earnings were $360.11 million, an increase of 11.80%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for NMIH stock is "Buy." The 12-month stock price forecast is $42.29, which is an increase of 15.77% from the latest price.
News
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NMI Holdings, Inc. (NMIH) Q4 2024 Earnings Call Transcript
NMI Holdings, Inc. (NASDAQ:NMIH) Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants John Swenson - Vice President of Investor Relations, and Treasury Brad Shuster - Exe...
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NMI Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results; Announces Additional $250 Million Share Repurchase Authorization
EMERYVILLE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $86.2 million, or $1.07 per diluted share, for the fourth quarter ended December 31...
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NMI Holdings, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on February 6, 2025
EMERYVILLE, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repor...
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Undercovered Dozen: Lincoln National, Whitecap Resources, NMI Holdings, Healwell AI +
The 'Undercovered' Dozen series highlights lesser-covered stocks, providing investment ideas and encouraging discussions on their potential. Arcus Biosciences is seen as a "Strong Buy" due to its prom...
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NMI Holdings: Excellent Relative Value, Buy
I recommend National Mortgage Insurance over fintech Upstart due to stark valuation disparities reminiscent of past market bubbles. National Mortgage boasts a 13% earnings yield and a P/E ratio of 7.8...
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NMI Holdings, Inc. Elevates Mohammad Yousaf to Chief of Operations and Technology
EMERYVILLE, Calif., Dec. 17, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH) announced today that Mohammad Yousaf, currently the company's Executive Vice President, Operations and Informat...
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NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript
NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript
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NMI Holdings, Inc. Reports Third Quarter 2024 Financial Results; Announces New Reinsurance Agreements
EMERYVILLE, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $92.8 million, or $1.15 per diluted share, for the third quarter ended September 30...
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How NMI Holdings' Superior Credit Quality Drives Growth
NMIH's Insurance-in-Force reached $203.5 billion in Q2 2024, reflecting a 6% year-over-year increase. The company's average borrower FICO score stood at 757 in Q2 2024, well above the national average...
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NMI Holdings, Inc. to Announce Third Quarter 2024 Financial Results on November 6, 2024; Reminder to Register for Annual Investor Day to be Held on November 21, 2024
EMERYVILLE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repor...
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NMI Holdings, Inc. To Host Investor Day On November 21, 2024
EMERYVILLE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will host...
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NMI Holdings, Inc. Provides Guidance on Capital Position Under Revised Private Mortgage Insurer Eligibility Requirements
EMERYVILLE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (Nasdaq:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today provided guidance on its cap...
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NMI Holdings, Inc. (NMIH) Q2 2024 Earnings Call Transcript
NMI Holdings, Inc. (NASDAQ:NMIH) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants John Swenson - VP of IR & Treasury Bradley Shuster - Executive Chairman Adam Pollitzer ...
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NMI Holdings, Inc. Reports Record Second Quarter 2024 Financial Results
EMERYVILLE, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $92.1 million, or $1.13 per diluted share, for the second quarter ended June 30, 20...
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NMI Holdings, Inc. to Announce Second Quarter 2024 Financial Results on July 30, 2024
EMERYVILLE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will repo...
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National MI Certified as a Great Place to Work for Ninth Consecutive Year
EMERYVILLE, Calif., June 24, 2024 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI), the primary operating subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced today that...
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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...
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NMI Holdings, Inc. (NMIH) Q1 2024 Earnings Call Transcript
NMI Holdings, Inc. (NASDAQ:NMIH) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants John Swenson - Vice President of Investor Relations & Treasury Bradley Shuster - Execu...
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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...
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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...
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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...
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Buy NMI Holdings: Home Mortgage Credit Managers Are Getting Cheap
NMI Holdings is a private mortgage insurer that insures Fannie Mae and Freddie Mac against default risk on home mortgage loans. The company reported strong earnings with EPS beating estimates and cash...
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NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript
NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript
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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...
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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 ...