Zacks Research Issues Optimistic Outlook for NMI Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of NMI in a research note issued to investors on Thursday, October 9th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $1.25 for the quarter, up from their previous forecast of $1.24. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q1 2027 earnings at $1.36 EPS and Q2 2027 earnings at $1.37 EPS.

Other analysts have also issued research reports about the company. Wall Street Zen lowered NMI from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. Barclays restated a “cautious” rating on shares of NMI in a report on Monday, October 6th. JPMorgan Chase & Co. reduced their target price on NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Tuesday, October 7th. Keefe, Bruyette & Woods lowered NMI from an “outperform” rating to a “market perform” rating and increased their target price for the company from $42.00 to $43.00 in a report on Monday, July 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of NMI in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.33.

NMI Stock Performance

NMIH opened at $35.68 on Monday. The business has a fifty day simple moving average of $38.74 and a 200-day simple moving average of $38.17. The firm has a market cap of $2.77 billion, a PE ratio of 7.58, a P/E/G ratio of 1.02 and a beta of 0.56. NMI has a fifty-two week low of $31.90 and a fifty-two week high of $43.20. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.17.

NMI (NASDAQ:NMIH) last released its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. The business had revenue of $149.07 million during the quarter, compared to analyst estimates of $173.39 million. NMI had a return on equity of 16.51% and a net margin of 55.57%.The company’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $1.20 EPS.

Institutional Trading of NMI

Several hedge funds and other institutional investors have recently modified their holdings of the company. American Century Companies Inc. raised its holdings in shares of NMI by 5.4% during the second quarter. American Century Companies Inc. now owns 2,249,799 shares of the financial services provider’s stock worth $94,919,000 after acquiring an additional 115,854 shares in the last quarter. Geode Capital Management LLC raised its holdings in NMI by 0.3% during the second quarter. Geode Capital Management LLC now owns 1,966,970 shares of the financial services provider’s stock valued at $82,996,000 after buying an additional 5,628 shares in the last quarter. Millennium Management LLC raised its holdings in NMI by 209.9% during the first quarter. Millennium Management LLC now owns 1,432,950 shares of the financial services provider’s stock valued at $51,658,000 after buying an additional 970,551 shares in the last quarter. Nuveen LLC bought a new position in NMI during the first quarter valued at about $44,886,000. Finally, Frontier Capital Management Co. LLC raised its holdings in NMI by 3.9% during the second quarter. Frontier Capital Management Co. LLC now owns 1,119,957 shares of the financial services provider’s stock valued at $47,251,000 after buying an additional 42,436 shares in the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Steven Scheid sold 19,926 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $39.31, for a total transaction of $783,291.06. Following the completion of the sale, the director directly owned 78,960 shares in the company, valued at approximately $3,103,917.60. This trade represents a 20.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.00% of the company’s stock.

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.