Zacks Research Analysts Decrease Earnings Estimates for NMI

NMI Holdings, Inc. (NASDAQ:NMIH) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for NMI in a research note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $1.10 per share for the quarter, down from their previous forecast of $1.13. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q2 2025 earnings at $1.14 EPS, Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.17 EPS, FY2025 earnings at $4.57 EPS, Q1 2026 earnings at $1.23 EPS, Q2 2026 earnings at $1.25 EPS and FY2027 earnings at $5.28 EPS.

A number of other research firms have also commented on NMIH. UBS Group reduced their price target on NMI from $42.00 to $41.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 19th. Barclays cut NMI from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $48.00 to $41.00 in a report on Monday, January 6th. JPMorgan Chase & Co. lowered their price target on shares of NMI from $46.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, December 9th. Keefe, Bruyette & Woods raised shares of NMI from a “market perform” rating to an “outperform” rating and set a $43.00 price objective on the stock in a research note on Monday. Finally, Royal Bank of Canada decreased their price objective on shares of NMI from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $42.29.

NMI Stock Performance

Shares of NMI stock opened at $35.96 on Wednesday. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 8.12, a P/E/G ratio of 1.41 and a beta of 1.12. The company has a quick ratio of 0.83, a current ratio of 0.60 and a debt-to-equity ratio of 0.19. NMI has a twelve month low of $29.05 and a twelve month high of $42.49. The company’s fifty day moving average is $36.85 and its 200 day moving average is $38.59.

NMI (NASDAQ:NMIH) last announced its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.07). NMI had a net margin of 55.32% and a return on equity of 17.33%.

Insider Transactions at NMI

In other news, EVP Norman Peter Fitzgerald sold 20,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $35.88, for a total transaction of $717,600.00. Following the transaction, the executive vice president now owns 37,470 shares in the company, valued at approximately $1,344,423.60. This represents a 34.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $35.44, for a total transaction of $38,381.52. Following the transaction, the executive vice president now directly owns 49,218 shares in the company, valued at $1,744,285.92. This trade represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. grew its stake in NMI by 66.5% in the fourth quarter. Principal Securities Inc. now owns 716 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 286 shares during the period. Janney Montgomery Scott LLC increased its stake in NMI by 2.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,883 shares of the financial services provider’s stock valued at $547,000 after purchasing an additional 320 shares in the last quarter. Tealwood Asset Management Inc. increased its stake in NMI by 1.2% during the 4th quarter. Tealwood Asset Management Inc. now owns 32,192 shares of the financial services provider’s stock valued at $1,183,000 after purchasing an additional 376 shares in the last quarter. Atria Investments Inc raised its holdings in NMI by 5.9% during the fourth quarter. Atria Investments Inc now owns 7,572 shares of the financial services provider’s stock worth $278,000 after buying an additional 422 shares during the last quarter. Finally, Summit Investment Advisors Inc. lifted its stake in shares of NMI by 5.6% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,208 shares of the financial services provider’s stock valued at $302,000 after buying an additional 433 shares in the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

About NMI

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.