NMI (NASDAQ:NMIH) Price Target Raised to $51.00 at Truist Financial

NMI (NASDAQ:NMIH) had its price target raised by stock analysts at Truist Financial from $49.00 to $51.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Truist Financial’s target price would suggest a potential upside of 11.57% from the company’s previous close.

NMIH has been the subject of several other reports. Weiss Ratings raised NMI from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 12th. UBS Group set a $46.00 price target on NMI in a research note on Friday, May 22nd. Keefe, Bruyette & Woods upped their target price on NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Royal Bank Of Canada began coverage on shares of NMI in a research report on Friday, May 22nd. They set an “outperform” rating and a $46.00 price target for the company. Finally, Barclays decreased their target price on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.83.

NMI Trading Up 5.2%

NASDAQ:NMIH opened at $45.71 on Friday. NMI has a 1 year low of $34.84 and a 1 year high of $44.74. The stock has a market cap of $3.47 billion, a P/E ratio of 9.45, a P/E/G ratio of 1.54 and a beta of 0.54. 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 stock has a 50-day simple moving average of $39.48 and a 200-day simple moving average of $38.95.

NMI (NASDAQ:NMIH) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. NMI had a return on equity of 15.18% and a net margin of 53.82%.The firm had revenue of $187.89 million during the quarter, compared to the consensus estimate of $156.26 million. During the same period in the prior year, the company posted $1.22 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. As a group, analysts anticipate that NMI will post 5.11 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Michael Curry Montgomery sold 1,554 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total transaction of $58,896.60. Following the transaction, the director directly owned 69,026 shares of the company’s stock, valued at approximately $2,616,085.40. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NMI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in NMI by 196.0% in 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 in the last quarter. Maseco LLP acquired a new stake in shares of NMI during the fourth quarter valued at about $31,000. IFP Advisors Inc increased its position in shares of NMI by 189.5% during the fourth quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 521 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of NMI by 58.7% in the first quarter. Pacer Advisors Inc. now owns 1,006 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 372 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of NMI by 34.0% in the first quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 272 shares in the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

NMI News Summary

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Quarterly earnings beat estimates. NMIH reported diluted earnings of $1.38 per share, up from $1.21 a year earlier and above the $1.28 analyst consensus. Net income rose to $105.8 million from $96.2 million year over year. NMI Holdings Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Revenue also surpassed expectations. Second-quarter revenue was $187.89 million, well ahead of the approximately $156.26 million consensus estimate and up 8.1% from the prior-year period. The company’s 53.82% net margin and 15.18% return on equity highlight continued profitability. NMI Holdings Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Capital returns remain a support for the stock. NMIH said it has approximately $167 million of remaining share-repurchase capacity, signaling continued willingness to return capital and potentially support per-share earnings. NMIH Capital Return and Buyback Update
• Neutral Sentiment: Management maintained a constructive but cautious outlook. The earnings call focused on ongoing capital deployment and operating performance, while noting that credit conditions and mortgage-insurance defaults will require monitoring. NMI Holdings Q2 2026 Earnings Call Transcript
• Negative Sentiment: Expected higher defaults are a risk. NMIH expects defaults to trend upward, which could increase claims and loss provisions, pressure future earnings, and partially offset the benefit of strong current results. NMIH Defaults Outlook

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.