NMI Holdings, Inc. (NMIH)
NASDAQ: NMIH · Real-Time Price · USD
44.58
+0.28 (0.63%)
At close: Aug 3, 2026, 4:00 PM EDT
44.58
0.00 (0.00%)
After-hours: Aug 3, 2026, 4:10 PM EDT

NMI Holdings Statistics

Total Valuation

NMI Holdings has a market cap or net worth of $3.35 billion. The enterprise value is $3.71 billion.

Market Cap3.35B
Enterprise Value 3.71B

Important Dates

The last earnings date was Thursday, July 30, 2026, after market close.

Earnings Date Jul 30, 2026
Ex-Dividend Date n/a

Share Statistics

NMI Holdings has 75.22 million shares outstanding. The number of shares has decreased by -3.04% in one year.

Current Share Class 75.22M
Shares Outstanding 75.22M
Shares Change (YoY) -3.04%
Shares Change (QoQ) -1.10%
Owned by Insiders (%) 1.87%
Owned by Institutions (%) 100.59%
Float 73.77M

Valuation Ratios

The trailing PE ratio is 8.78 and the forward PE ratio is 8.34. NMI Holdings's PEG ratio is 1.18.

PE Ratio 8.78
Forward PE 8.34
PS Ratio 4.59
Forward PS 4.39
PB Ratio 1.24
P/TBV Ratio 1.24
P/FCF Ratio 7.59
P/OCF Ratio 7.48
PEG Ratio 1.18
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.79, with an EV/FCF ratio of 8.39.

EV / Earnings 9.38
EV / Sales 5.07
EV / EBITDA 6.79
EV / EBIT 6.93
EV / FCF 8.39

Financial Position

The company has a current ratio of 2.03, with a Debt / Equity ratio of 0.16.

Current Ratio 2.03
Quick Ratio 0.70
Debt / Equity 0.16
Debt / EBITDA 0.78
Debt / FCF 0.96
Interest Coverage 18.79

Financial Efficiency

Return on equity (ROE) is 15.43% and return on invested capital (ROIC) is 13.49%.

Return on Equity (ROE) 15.43%
Return on Assets (ROA) 8.82%
Return on Invested Capital (ROIC) 13.49%
Return on Capital Employed (ROCE) 14.69%
Weighted Average Cost of Capital (WACC) 6.97%
Revenue Per Employee $3.25M
Profits Per Employee $1.76M
Employee Count225
Asset Turnover 0.19
Inventory Turnover n/a

Taxes

In the past 12 months, NMI Holdings has paid $111.39 million in taxes.

Income Tax 111.39M
Effective Tax Rate 21.98%

Stock Price Statistics

The stock price has increased by +20.14% in the last 52 weeks. The beta is 0.54, so NMI Holdings's price volatility has been lower than the market average.

Beta (5Y) 0.54
52-Week Price Change +20.14%
50-Day Moving Average 39.70
200-Day Moving Average 38.81
Relative Strength Index (RSI) 69.56
Average Volume (20 Days) 468,470

Short Selling Information

The latest short interest is 2.08 million, so 2.77% of the outstanding shares have been sold short.

Short Interest 2.08M
Short Previous Month 2.16M
Short % of Shares Out 2.77%
Short % of Float 2.82%
Short Ratio (days to cover) 3.16

Income Statement

In the last 12 months, NMI Holdings had revenue of $730.78 million and earned $395.33 million in profits. Earnings per share was $5.08.

Revenue730.78M
Gross Profit 558.20M
Operating Income 535.20M
Pretax Income 506.72M
Net Income 395.33M
EBITDA 545.69M
EBIT 535.20M
Earnings Per Share (EPS) $5.08
Full Income Statement

Balance Sheet

The company has $161.26 million in cash and $426.15 million in debt, with a net cash position of -$354.02 million or -$4.71 per share.

Cash & Cash Equivalents 161.26M
Total Debt 426.15M
Net Cash -354.02M
Net Cash Per Share -$4.71
Equity (Book Value) 2.71B
Book Value Per Share 35.89
Working Capital 364.92M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $448.51 million and capital expenditures -$6.91 million, giving a free cash flow of $441.61 million.

Operating Cash Flow 448.51M
Capital Expenditures -6.91M
Depreciation & Amortization n/a
Net Borrowing n/a
Free Cash Flow 441.61M
FCF Per Share $5.87
Full Cash Flow Statement

Margins

Gross margin is 76.38%, with operating and profit margins of 73.24% and 54.10%.

Gross Margin 76.38%
Operating Margin 73.24%
Pretax Margin 69.34%
Profit Margin 54.10%
EBITDA Margin 74.67%
EBIT Margin 73.24%
FCF Margin 60.43%

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 3.04%
Shareholder Yield 3.04%
Earnings Yield 11.79%
FCF Yield 13.17%

Analyst Forecast

The average price target for NMI Holdings is $49.17, which is 10.30% higher than the current price. The consensus rating is "Buy".

Price Target $49.17
Price Target Difference 10.30%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (3Y) 5.11%
EPS Growth Forecast (3Y) 5.75%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 4