NMI Holdings Inc. (NMIH)

NASDAQ: NMIH · IEX Real-Time Price · USD
16.56
-0.07 (-0.42%)
Jun 29, 2022 4:00 PM EDT - Market closed

Total Valuation

NMI Holdings has a market cap or net worth of $1.45 billion. The enterprise value is $1.71 billion.

Market Cap 1.45B
Enterprise Value 1.71B

Important Dates

The next earnings date is Tuesday, August 2, 2022, after market close.

Estimated Earnings Date Aug 2, 2022
Ex-Dividend Date n/a

Share Statistics

NMI Holdings has 87.54 million shares outstanding. The number of shares has increased by 0.75% in one year.

Shares Outstanding 87.54M
Shares Change (YoY) +0.75%
Shares Change (QoQ) +0.19%
Owned by Insiders (%) 1.15%
Owned by Institutions (%) 100.18%
Float 84.92M

Valuation Ratios

The trailing PE ratio is 5.88 and the forward PE ratio is 5.38. NMI Holdings's PEG ratio is 1.66.

PE Ratio 5.88
Forward PE 5.38
PS Ratio 2.91
PB Ratio 0.94
P/FCF Ratio 4.69
PEG Ratio 1.66
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.77, with a EV/FCF ratio of 5.55.

EV / Earnings 6.97
EV / Sales 3.45
EV / EBITDA 4.77
EV / EBIT 4.93
EV / FCF 5.55

Financial Position

The company has a current ratio of n/a, with a Debt / Equity ratio of 0.26.

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.26
Debt / EBITDA 1.10
Debt / FCF 1.28

Financial Efficiency

Return on equity (ROE) is 16.20%, which is considered high. The company has a high ROIC of 12.90%.

Return on Equity (ROE) 16.20%
Return on Assets (ROA) 10.30%
Return on Capital (ROIC) 12.90%
Revenue Per Employee $2.02M
Profits Per Employee $999,671
Employee Count 246
Asset Turnover 0.21
Inventory Turnover n/a

Taxes

In the past 12 months, NMI Holdings has paid $70.10 million in taxes.

Income Tax 70.10M
Effective Tax Rate 22.18%

Stock Price Statistics

The stock price has decreased by -25.81% in the last 52 weeks. The beta is 1.51, so NMI Holdings's price volatility has been higher than the market average.

Beta (1Y) 1.51
52-Week Price Change -25.81%
50-Day Moving Average 17.60
200-Day Moving Average 20.86
Average Volume (30 Days) 709,743

Short Selling Information

The latest short interest is 1.23 million, so 1.41% of the outstanding shares have been sold short.

Short Interest 1.23M
Short % of Shares Out 1.41%
Short % of Float 1.45%
Short Ratio (days to cover) 1.74

Income Statement

In the last 12 months, NMI Holdings had revenue of $497.32 million and earned 245.92 million in profits. Earnings per share was $2.82.

Revenue 497.32M
Gross Profit 490.60M
Operating Income 347.08M
Pretax Income 316.02M
Net Income 245.92M
EBITDA 359.59M
EBIT 347.94M
Earnings Per Share (EPS) $2.82
Full Income Statement

Balance Sheet

The company has $130.91 million in cash and $394.97 million in debt, giving a net cash position of -$264.06 million or -$3.02 per share.

Cash & Cash Equivalents 130.91M
Total Debt 394.97M
Net Cash -264.06M
Net Cash Per Share -$3.02
Book Value 1.54B
Book Value Per Share 17.54
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $320.57 million and capital expenditures -$11.76 million, giving a free cash flow of $308.81 million.

Operating Cash Flow 320.57M
Capital Expenditures -11.76M
Free Cash Flow 308.81M
FCF Per Share $3.53
Full Cash Flow Statement

Margins

Gross margin is 98.65%, with operating and profit margins of 69.79% and 49.45%.

Gross Margin 98.65%
Operating Margin 69.79%
Pretax Margin 63.54%
Profit Margin 49.45%
EBITDA Margin 72.31%
EBIT Margin 69.96%
FCF Margin 62.09%

Dividends & Yields

NMI Holdings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 16.96%
FCF Yield 21.30%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -0.95%
Shareholder Yield -0.95%
Dividend Details

Analyst Forecast

The average price target for NMI Holdings is $30.28, which is 82.85% higher than the current price. The consensus rating is "Buy".

Price Target $30.28
Price Target Difference 82.85%
Analyst Consensus Buy
Analyst Count 16
Stock Forecasts

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