Zacks Research Comments on NMI’s Q3 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Equities researchers at Zacks Research increased their Q3 2026 EPS estimates for shares of NMI in a research report issued on Wednesday, May 20th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $1.33 per share for the quarter, up from their previous forecast of $1.31. The consensus estimate for NMI’s current full-year earnings is $5.15 per share. Zacks Research also issued estimates for NMI’s FY2026 earnings at $5.15 EPS, Q1 2027 earnings at $1.35 EPS, Q2 2027 earnings at $1.32 EPS, Q3 2027 earnings at $1.40 EPS and Q4 2027 earnings at $1.38 EPS.

Other equities analysts have also issued research reports about the stock. Weiss Ratings reissued a “buy (b)” rating on shares of NMI in a report on Thursday, January 22nd. Barclays decreased their price target on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. JPMorgan Chase & Co. decreased their price target on shares of NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of NMI from $50.00 to $46.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.40.

NMI Price Performance

Shares of NMIH stock opened at $37.76 on Friday. NMI has a 12-month low of $34.84 and a 12-month high of $43.20. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 7.69, a price-to-earnings-growth ratio of 1.32 and a beta of 0.59. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average of $38.36 and a 200-day moving average of $38.77.

NMI (NASDAQ:NMIH) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. NMI had a net margin of 53.82% and a return on equity of 15.18%. The company had revenue of $183.48 million during the quarter, compared to analyst estimates of $153.99 million. During the same quarter in the previous year, the business earned $1.28 EPS. The firm’s revenue was up 5.9% on a year-over-year basis.

Hedge Funds Weigh In On NMI

A number of large investors have recently modified their holdings of NMIH. Allworth Financial LP boosted its stake in shares of NMI by 196.0% during the 3rd quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock worth $25,000 after buying an additional 437 shares during the last quarter. Maseco LLP acquired a new position in shares of NMI during the 4th quarter worth about $31,000. IFP Advisors Inc boosted its stake in shares of NMI by 189.5% during the 4th quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after buying an additional 521 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of NMI by 34.0% during the 1st quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after buying an additional 272 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of NMI by 161.5% during the 4th quarter. Farther Finance Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $41,000 after buying an additional 620 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NMI

In other NMI news, Chairman Bradley M. Shuster sold 19,557 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $39.85, for a total value of $779,346.45. Following the sale, the chairman owned 415,411 shares in the company, valued at approximately $16,554,128.35. The trade was a 4.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Curry Montgomery sold 1,554 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total value of $58,896.60. Following the completion of the sale, the director owned 69,026 shares in the company, valued at $2,616,085.40. The trade was a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 97,466 shares of company stock valued at $3,700,103. 2.44% of the stock is owned by corporate insiders.

About NMI

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.