NMI Holdings, Inc. (NMIH)
Market Cap | 2.41B |
Revenue (ttm) | 579.00M |
Net Income (ttm) | 322.11M |
Shares Out | 80.58M |
EPS (ttm) | 3.84 |
PE Ratio | 7.71 |
Forward PE | 7.07 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 127,631 |
Open | 29.52 |
Previous Close | 29.59 |
Day's Range | 29.51 - 30.05 |
52-Week Range | 22.22 - 32.50 |
Beta | 1.06 |
Analysts | Strong Buy |
Price Target | 34.88 (+16.54%) |
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]
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 "Strong Buy." The 12-month stock price forecast is $34.88, which is an increase of 16.54% from the latest price.
News
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...
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...
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. 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
NMI Holdings, Inc. To Host Investor Day On November 17, 2022
EMERYVILLE, Calif., Sept. 26, 2022 (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. Enters Into $154 Million Excess-of-Loss Reinsurance Agreement
EMERYVILLE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today announced that National Mortgage Insurance Corporation (National MI), its wholly-owned insurance subsidiar...