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

NMI Holdings Inc (NASDAQ:NMIH) – Research analysts at Zacks Research reduced their Q1 2027 EPS estimates for shares of NMI in a report issued on Monday, September 14th. Zacks Research analyst Team now forecasts that the financial services provider will earn $1.30 per share for the quarter, down from their prior estimate of $1.31. The consensus estimate for NMI’s current full-year earnings is $5.25 per share. Zacks Research also issued estimates for NMI’s Q1 2028 earnings at $1.39 EPS and Q2 2028 earnings at $1.41 EPS.

NMIH has been the topic of a number of other research reports. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $47.00 price objective on shares of NMI in a research note on Monday, August 3rd. UBS Group set a $46.00 price target on shares of NMI in a report on Friday, May 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $53.00 price objective on shares of NMI in a research note on Tuesday, August 4th. Truist Financial lifted their target price on NMI from $49.00 to $51.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a report on Wednesday, September 9th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $48.33.

NMI Trading Down 1.4%

NASDAQ:NMIH opened at $43.52 on Wednesday. The firm has a market capitalization of $3.27 billion, a PE ratio of 8.57, a price-to-earnings-growth ratio of 1.19 and a beta of 0.53. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.65 and a quick ratio of 0.65. NMI has a 12 month low of $34.84 and a 12 month high of $46.74. The business’s 50-day moving average is $43.92 and its two-hundred day moving average is $40.28.

NMI (NASDAQ:NMIH) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.38 EPS for the quarter, beating 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 analyst estimates of $156.26 million. During the same quarter last year, the firm posted $1.22 earnings per share. NMI’s revenue for the quarter was up 8.1% compared to the same quarter last year.

Insiders Place Their Bets

In other news, EVP Robert Smith sold 12,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $44.65, for a total value of $535,800.00. Following the completion of the sale, the executive vice president owned 96,381 shares in the company, valued at $4,303,411.65. This represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Adam Pollitzer sold 172,706 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 270,267 shares of the company’s stock, valued at $12,121,474.95. The trade was a 38.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 196,368 shares of company stock worth $8,800,740. 2.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NMI

A number of institutional investors and hedge funds have recently modified their holdings of the stock. WINTON GROUP Ltd boosted its position in shares of NMI by 96.0% in the 2nd quarter. WINTON GROUP Ltd now owns 24,747 shares of the financial services provider’s stock valued at $1,017,000 after purchasing an additional 12,120 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of NMI during the second quarter valued at $122,000. NewEdge Advisors LLC grew its holdings in shares of NMI by 7.5% during the second quarter. NewEdge Advisors LLC now owns 18,050 shares of the financial services provider’s stock valued at $742,000 after buying an additional 1,252 shares in the last quarter. Allworth Financial LP raised its position in NMI by 44.3% during the second quarter. Allworth Financial LP now owns 2,184 shares of the financial services provider’s stock valued at $90,000 after buying an additional 670 shares during the period. Finally, Nykredit A S purchased a new stake in NMI in the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

NMI News Summary

Here are the key news stories impacting NMI this week:

• Positive Sentiment: NMI Holdings’ strong insurance-in-force (IIF) and new insurance written (NIW) growth is expanding its mortgage-insurance portfolio. Zacks also cited improving underwriting, which could support future earnings and profitability. NMI Holdings’ Strong IIF Growth: Can It Drive Future Earnings?
• Positive Sentiment: Zacks Research raised several forward earnings forecasts, including FY2026 EPS to $5.24 from $5.23, FY2027 EPS to $5.44 from $5.43, and FY2028 EPS to $5.70 from $5.66. It also increased Q2 2027 and Q4 2027 estimates, suggesting modest confidence in longer-term earnings growth.
• Neutral Sentiment: The earnings revisions were mixed: Zacks lowered Q1 2027 EPS to $1.30 from $1.31, Q1 2028 EPS to $1.39 from $1.41, and Q2 2028 EPS to $1.41 from $1.45. These reductions partially offset the upward changes but remain close to previous forecasts.
• Negative Sentiment: NMI Holdings declined amid sector-wide selling, indicating that broader weakness in financial and mortgage-related stocks—not necessarily a company-specific development—was the primary immediate catalyst. NMI Holdings Drops Amid Sector-Wide Selling

NMI Company Profile

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.