Zacks Research Analysts Decrease Earnings Estimates for NMI

NMI Holdings, Inc. (NASDAQ:NMIH) – Research analysts at Zacks Research lowered their FY2026 earnings estimates for shares of NMI in a report released on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $5.00 for the year, down from their prior estimate of $5.09. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2026 earnings at $1.27 EPS.

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

NMI Trading Up 0.6 %

NASDAQ:NMIH opened at $35.80 on Thursday. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 1.41 and a beta of 1.12. NMI has a one year low of $29.05 and a one year high of $42.49. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60. The business’s 50-day simple moving average is $36.80 and its 200 day simple moving average is $38.56.

NMI (NASDAQ:NMIH) last released 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 return on equity of 17.33% and a net margin of 55.32%.

Institutional Investors Weigh In On NMI

A number of hedge funds and other institutional investors have recently modified their holdings of NMIH. Principal Securities Inc. grew its holdings in NMI by 66.5% during the fourth quarter. Principal Securities Inc. now owns 716 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 286 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of NMI by 288.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,868 shares of the financial services provider’s stock worth $69,000 after purchasing an additional 1,387 shares during the last quarter. Covestor Ltd grew its stake in shares of NMI by 601.1% in the 4th quarter. Covestor Ltd now owns 1,893 shares of the financial services provider’s stock worth $70,000 after purchasing an additional 1,623 shares during the last quarter. Sterling Capital Management LLC raised its holdings in shares of NMI by 786.1% in the 4th quarter. Sterling Capital Management LLC now owns 2,295 shares of the financial services provider’s stock worth $84,000 after purchasing an additional 2,036 shares in the last quarter. Finally, KBC Group NV boosted its holdings in NMI by 38.3% during the fourth quarter. KBC Group NV now owns 3,221 shares of the financial services provider’s stock worth $118,000 after buying an additional 892 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors.

Insider Activity at NMI

In other NMI news, EVP Norman Peter Fitzgerald sold 20,000 shares of NMI stock in a transaction on Monday, February 24th. The stock was sold at an average price of $35.88, for a total transaction of $717,600.00. Following the sale, the executive vice president now owns 37,470 shares of the company’s stock, valued at $1,344,423.60. The trade was a 34.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $35.44, for a total value of $38,381.52. Following the transaction, the executive vice president now owns 49,218 shares of the company’s stock, 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.

NMI Company Profile

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.