NMI Holdings, Inc. (NMIH)
Market Cap | 3.03B |
Revenue (ttm) | 635.85M |
Net Income (ttm) | 357.35M |
Shares Out | 79.13M |
EPS (ttm) | 4.37 |
PE Ratio | 8.76 |
Forward PE | 8.20 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 146,356 |
Open | 38.11 |
Previous Close | 37.92 |
Day's Range | 37.87 - 38.42 |
52-Week Range | 27.00 - 42.49 |
Beta | 1.13 |
Analysts | Buy |
Price Target | 42.38 (+10.57%) |
Earnings Date | Nov 6, 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]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for NMIH stock is "Buy." The 12-month stock price forecast is $42.38, which is an increase of 10.57% from the latest price.
News
NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript
NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript
NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript
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...
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 ...
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 ...
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...
Buy NMI Holdings: 17% Cash Return, Still Growing
NMI Holdings has reported a strong operating cash flow of $116 million for Q3, representing a 17% cash return on the current stock price. The company's success can be attributed to active marketing, c...
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...
NMI Holdings, Inc. (NMIH) Q3 2023 Earnings Call Transcript
NMI Holdings, Inc. (NASDAQ:NMIH) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants John Swenson - VP, IR and Treasury Bradley Shuster - Executive Chairman Adam Pollitz...
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...