NMI Holdings, Inc. (NMIH)

NASDAQ: NMIH · Real-Time Price · USD
38.42
+0.50 (1.32%)
Nov 21, 2024, 2:09 PM EST - Market open
1.32%
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]

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 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.

Price Target
$42.38
(10.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript

NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

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...

14 days ago - GlobeNewsWire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months 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...

7 months 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...

9 months ago - GlobeNewsWire

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...

9 months ago - Seeking Alpha

NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript

NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 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 ...

10 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 ...

10 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...

10 months ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire