Zacks Research Weighs in on NMI’s Q1 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Analysts at Zacks Research boosted their Q1 2028 earnings per share (EPS) estimates for shares of NMI in a research note issued to investors on Monday, July 20th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $1.37 for the quarter, up from their prior forecast of $1.34. The consensus estimate for NMI’s current full-year earnings is $5.11 per share. Zacks Research also issued estimates for NMI’s FY2028 earnings at $5.38 EPS.

NMI (NASDAQ:NMIH) last released its earnings results on Thursday, April 30th. The financial services provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $183.47 million during the quarter, compared to the consensus estimate of $153.99 million. NMI had a return on equity of 15.18% and a net margin of 53.82%.NMI’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 EPS.

NMIH has been the subject of a number of other research reports. UBS Group set a $46.00 price objective on shares of NMI in a report on Friday, May 22nd. Barclays reduced their target price on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Keefe, Bruyette & Woods raised their price target on shares of NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Royal Bank Of Canada started coverage on shares of NMI in a research note on Friday, May 22nd. They issued an “outperform” rating and a $46.00 price target for the company. Finally, Weiss Ratings raised NMI from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 12th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.00.

NMI Stock Down 1.8%

Shares of NMIH opened at $41.85 on Wednesday. The stock has a market capitalization of $3.18 billion, a PE ratio of 8.52, a P/E/G ratio of 1.48 and a beta of 0.54. NMI has a 1 year low of $34.84 and a 1 year high of $43.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.63 and a current ratio of 0.63. The company’s 50-day simple moving average is $38.76 and its 200-day simple moving average is $38.83.

Institutional Trading of NMI

A number of large investors have recently made changes to their positions in NMIH. Allworth Financial LP raised its holdings in NMI by 196.0% in the third quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 437 shares in the last quarter. Maseco LLP acquired a new position in NMI during the 4th quarter worth approximately $31,000. IFP Advisors Inc grew its holdings in 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 acquiring an additional 521 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in 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 acquiring an additional 620 shares in the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of NMI by 58.7% in the 1st quarter. Pacer Advisors Inc. now owns 1,006 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 372 shares during the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Michael Curry Montgomery sold 1,554 shares of NMI stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $37.90, for a total value of $58,896.60. Following the completion of the transaction, the director owned 69,026 shares in the company, valued at approximately $2,616,085.40. This trade represents a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.44% of the company’s stock.

Key Headlines Impacting NMI

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate to $1.37 from $1.34 and its FY2028 estimate to $5.38 from $5.37, signaling slightly stronger long-term earnings expectations.
• Neutral Sentiment: The updated forecasts remain close to the current full-year consensus of $5.11 per share, so the changes are incremental rather than a major rethink of NMI’s outlook.
• Negative Sentiment: Zacks Research lowered several near- to medium-term estimates, including FY2026 EPS to $5.13 from $5.15 and FY2027 EPS to $5.31 from $5.42, which could modestly pressure sentiment around the stock. NMI Holdings Inc. stock page

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.