Zacks Research Has Positive Outlook for NMI FY2027 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Research analysts at Zacks Research increased their FY2027 earnings per share estimates for shares of NMI in a research note issued on Thursday, April 2nd. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $5.49 for the year, up from their prior estimate of $5.48. The consensus estimate for NMI’s current full-year earnings is $4.62 per share.

NMI (NASDAQ:NMIH) last issued its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. NMI had a return on equity of 15.78% and a net margin of 55.05%.The business had revenue of $180.74 million for the quarter, compared to the consensus estimate of $180.69 million. During the same period last year, the business earned $1.07 EPS.

NMIH has been the topic of several other reports. UBS Group set a $43.00 price target on NMI in a research report on Monday, January 12th. Keefe, Bruyette & Woods upgraded shares of NMI from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $46.00 to $48.00 in a report on Thursday, December 18th. JPMorgan Chase & Co. boosted their price objective on shares of NMI from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Weiss Ratings restated a “buy (b)” rating on shares of NMI in a report on Thursday, January 22nd. Finally, Barclays dropped their price objective on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Monday. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, NMI currently has an average rating of “Moderate Buy” and an average target price of $42.80.

NMI Stock Up 0.7%

Shares of NMIH stock opened at $38.18 on Wednesday. The stock’s 50 day simple moving average is $38.61 and its 200 day simple moving average is $38.32. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.57. NMI has a twelve month low of $31.90 and a twelve month high of $43.20. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 7.78, a PEG ratio of 1.03 and a beta of 0.64.

Insider Buying and Selling at NMI

In other NMI news, Chairman Bradley M. Shuster sold 18,953 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $37.35, for a total value of $707,894.55. Following the sale, the chairman directly owned 415,411 shares in the company, valued at $15,515,600.85. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Norman Peter Fitzgerald sold 22,500 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.94, for a total value of $898,650.00. Following the completion of the sale, the executive vice president owned 32,445 shares in the company, valued at $1,295,853.30. This trade represents a 40.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 189,412 shares of company stock worth $7,357,746 over the last three months. Company insiders own 2.44% of the company’s stock.

Institutional Trading of NMI

Several large investors have recently added to or reduced their stakes in NMIH. Royal Bank of Canada grew its stake in NMI by 20.4% during the first quarter. Royal Bank of Canada now owns 117,065 shares of the financial services provider’s stock worth $4,221,000 after buying an additional 19,857 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in NMI by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,684 shares of the financial services provider’s stock worth $1,683,000 after buying an additional 2,030 shares during the last quarter. NewEdge Advisors LLC bought a new stake in NMI during the first quarter worth about $256,000. Ashton Thomas Private Wealth LLC bought a new stake in NMI during the first quarter worth about $203,000. Finally, Jane Street Group LLC grew its holdings in shares of NMI by 1,312.9% during the first quarter. Jane Street Group LLC now owns 224,152 shares of the financial services provider’s stock worth $8,081,000 after purchasing an additional 208,287 shares during the last quarter. 94.12% of the stock is owned by institutional investors.

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.