Zacks Research Comments on NMI’s Q1 Earnings (NASDAQ:NMIH)

NMI Holdings, Inc. (NASDAQ:NMIH) – Zacks Research lowered their Q1 2025 earnings estimates for NMI in a research note issued on Monday, February 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $1.10 for the quarter, down from their prior 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.

NMI (NASDAQ:NMIH) last posted its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.07 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%.

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

NMI Price Performance

NMI stock opened at $35.80 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60. NMI has a one year low of $29.05 and a one year high of $42.49. The company has a market cap of $2.81 billion, a P/E ratio of 8.08, a price-to-earnings-growth ratio of 1.41 and a beta of 1.12. The business has a fifty day moving average of $36.80 and a two-hundred day moving average of $38.56.

Institutional Investors Weigh In On NMI

Several hedge funds have recently made changes to their positions in NMIH. Jefferies Financial Group Inc. purchased a new position in NMI during the fourth quarter worth about $2,161,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of NMI by 23.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,780 shares of the financial services provider’s stock worth $6,021,000 after acquiring an additional 30,607 shares during the period. Virtus Fund Advisers LLC boosted its position in shares of NMI by 43.7% in the fourth quarter. Virtus Fund Advisers LLC now owns 3,714 shares of the financial services provider’s stock worth $137,000 after acquiring an additional 1,129 shares during the last quarter. Virtus Investment Advisers Inc. grew its holdings in NMI by 13.8% in the fourth quarter. Virtus Investment Advisers Inc. now owns 42,806 shares of the financial services provider’s stock valued at $1,574,000 after purchasing an additional 5,200 shares during the period. Finally, State of Wyoming increased its position in NMI by 14.9% during the fourth quarter. State of Wyoming now owns 14,096 shares of the financial services provider’s stock worth $518,000 after purchasing an additional 1,831 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Norman Peter Fitzgerald sold 20,000 shares of NMI 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 completion of the sale, the executive vice president now directly owns 37,470 shares in the company, valued at $1,344,423.60. The trade was a 34.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $35.44, for a total transaction of $38,381.52. Following the completion of the transaction, the executive vice president now directly owns 49,218 shares of the company’s stock, valued at approximately $1,744,285.92. This represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by company insiders.

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.