Zacks Research Has Positive Forecast for NMI FY2026 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Research analysts at Zacks Research increased their FY2026 earnings estimates for shares of NMI in a note issued to investors on Monday, September 14th. Zacks Research analyst Team now expects that the financial services provider will earn $5.24 per share for the year, up from their prior estimate of $5.23. The consensus estimate for NMI’s current full-year earnings is $5.25 per share. Zacks Research also issued estimates for NMI’s Q4 2026 earnings at $1.28 EPS, Q2 2027 earnings at $1.33 EPS, Q4 2027 earnings at $1.38 EPS, FY2027 earnings at $5.44 EPS and FY2028 earnings at $5.70 EPS.

NMI (NASDAQ:NMIH) last posted its earnings results on Thursday, July 30th. The financial services provider reported $1.38 EPS for the quarter, topping the consensus estimate of $1.28 by $0.10. NMI had a net margin of 54.10% and a return on equity of 15.13%. The firm had revenue of $187.89 million for the quarter, compared to analysts’ expectations of $156.26 million. During the same quarter last year, the firm earned $1.22 EPS. The company’s quarterly revenue was up 8.1% compared to the same quarter last year.

A number of other brokerages also recently issued reports on NMIH. UBS Group set a $46.00 price objective on NMI in a research note on Friday, May 22nd. JPMorgan Chase & Co. boosted their price target on shares of NMI from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of NMI in a research report on Wednesday, September 9th. Royal Bank Of Canada restated an “outperform” rating and set a $53.00 price objective on shares of NMI in a report on Tuesday, August 4th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $47.00 target price on shares of NMI in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $48.33.

NMI Stock Performance

Shares of NMIH opened at $44.12 on Tuesday. The stock has a 50 day moving average of $43.87 and a 200 day moving average of $40.25. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 1.18 and a beta of 0.53. NMI has a 12 month low of $34.84 and a 12 month high of $46.74. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.15.

Institutional Investors Weigh In On NMI

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Nykredit A S bought a new position in shares of NMI in the second quarter worth $31,000. IFP Advisors Inc raised 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 valued at $32,000 after purchasing an additional 521 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of NMI during the 2nd quarter valued at $36,000. Pacer Advisors Inc. lifted its holdings in NMI by 58.7% during the 1st quarter. Pacer Advisors Inc. now owns 1,006 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 372 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in 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 purchasing an additional 272 shares in the last quarter. Institutional investors own 94.12% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Adam Pollitzer sold 172,706 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $44.85, for a total transaction of $7,745,864.10. Following the sale, the chief executive officer directly owned 270,267 shares in the company, valued at approximately $12,121,474.95. This represents a 38.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Robert Smith sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $44.65, for a total transaction of $535,800.00. Following the completion of the transaction, the executive vice president directly owned 96,381 shares of the company’s stock, valued at approximately $4,303,411.65. This trade represents a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 196,368 shares of company stock worth $8,800,740 over the last quarter. 2.44% of the stock is currently owned by company insiders.

About NMI

NMI Holdings, Inc (NASDAQ: NMIH) is the parent company of National MI, a provider of private mortgage insurance in the United States. Through its insurance subsidiaries, the company offers mortgage insurance to lenders and other mortgage market participants, helping protect against losses when borrowers default on residential home loans.

National MI’s products support conventional residential mortgages, including borrower-paid and lender-paid mortgage insurance arrangements. Its coverage is generally used when a homebuyer makes a down payment of less than 20%, enabling lenders to extend mortgage credit while reducing their exposure to potential default-related losses.