NMI Holdings (NMIH) Stock Overview
Provides private mortgage guaranty insurance services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
NMIH Community Fair Values
Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
NMI Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.21 |
| 52 Week High | US$43.20 |
| 52 Week Low | US$34.84 |
| Beta | 0.64 |
| 1 Month Change | -0.88% |
| 3 Month Change | -5.17% |
| 1 Year Change | -1.09% |
| 3 Year Change | 57.34% |
| 5 Year Change | 55.69% |
| Change since IPO | 165.79% |
Recent News & Updates
NMIH: Share Repurchases And Mixed Sentiment Will Shape Future Trading Range
The analyst price target for NMI Holdings has edged down by about $0.15, as recent Street research combines modest target cuts from several firms with a smaller upward revision. These changes reflect updated assumptions around fair value, discount rate, and future P/E multiples.NMIH: Share Repurchases And Stable Earnings Assumptions Will Support Further Upside
Analysts have adjusted their targets on NMI Holdings amid mixed views on the outlook, with one firm lifting its price target by $2 and two others trimming theirs by $1 each as they weigh updated assumptions for revenue growth, profit margins, discount rates and future P/E levels. Analyst Commentary Recent Street research on NMI Holdings presents a mixed picture, with one firm lifting its target by $2 and JPMorgan and another bank trimming theirs by $1 each.NMIH: Benign 2026 Credit Backdrop Will Support Further Share Price Upside
Narrative Update on NMI Holdings Analysts have inched their price targets on NMI Holdings up to a range of about $43 to $44. This reflects updated assumptions around slightly higher profit margins, a modestly lower discount rate, and sector research that points to a relatively supportive credit backdrop and potential improvement in mortgage origination over the coming years.NMIH: Benign 2026 Credit And Mortgage Setup Will Support Upside
Analysts have lifted their consolidated price target for NMI Holdings by $2 to $44, citing slightly higher expected profitability, a modestly lower discount rate, and updated views on the broader consumer finance and mortgage markets. Analyst Commentary Recent Street research on NMI Holdings highlights both optimism and caution, with price targets adjusted in response to sector level views on consumer finance and the mortgage market.Recent updates
NMIH: Share Repurchases And Mixed Sentiment Will Shape Future Trading Range
The analyst price target for NMI Holdings has edged down by about $0.15, as recent Street research combines modest target cuts from several firms with a smaller upward revision. These changes reflect updated assumptions around fair value, discount rate, and future P/E multiples.NMIH: Share Repurchases And Stable Earnings Assumptions Will Support Further Upside
Analysts have adjusted their targets on NMI Holdings amid mixed views on the outlook, with one firm lifting its price target by $2 and two others trimming theirs by $1 each as they weigh updated assumptions for revenue growth, profit margins, discount rates and future P/E levels. Analyst Commentary Recent Street research on NMI Holdings presents a mixed picture, with one firm lifting its target by $2 and JPMorgan and another bank trimming theirs by $1 each.NMIH: Benign 2026 Credit Backdrop Will Support Further Share Price Upside
Narrative Update on NMI Holdings Analysts have inched their price targets on NMI Holdings up to a range of about $43 to $44. This reflects updated assumptions around slightly higher profit margins, a modestly lower discount rate, and sector research that points to a relatively supportive credit backdrop and potential improvement in mortgage origination over the coming years.NMIH: Benign 2026 Credit And Mortgage Setup Will Support Upside
Analysts have lifted their consolidated price target for NMI Holdings by $2 to $44, citing slightly higher expected profitability, a modestly lower discount rate, and updated views on the broader consumer finance and mortgage markets. Analyst Commentary Recent Street research on NMI Holdings highlights both optimism and caution, with price targets adjusted in response to sector level views on consumer finance and the mortgage market.NMIH: Benign 2026 Credit And Mortgage Backdrop Will Support Upside
Narrative update: NMI Holdings analyst price target shift Analysts have inched their consolidated price target for NMI Holdings higher to a range of about $43 to $44, citing updated views on consumer finance volatility risks and expectations for a more supportive credit and mortgage origination backdrop in 2026. Analyst Commentary Recent Street research on NMI Holdings highlights a mix of optimism around the 2026 setup and caution around policy and sector level risks in consumer finance.Here's What Analysts Are Forecasting For NMI Holdings, Inc. (NASDAQ:NMIH) After Its Yearly Results
Feb 13
NMIH: Benign Credit And 2026 Mortgage Recovery Will Support Upside
Analysts have raised their average price target on NMI Holdings to about $46.29 from roughly $45.14, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E. The revisions are in line with recent upward target changes from the Street.NMI Holdings: Normalizing Losses May Cap Upside
Feb 12NMIH: Benign Credit And 2026 Mortgage Outlook Will Support Upside
Analysts have raised their targets on NMI Holdings in small increments, moving from $42 to $43 and then to $44. These changes reflect updated views on sector risks, a still supportive credit backdrop, and expectations for a healthier mortgage origination market by 2026.NMIH: Benign Credit Outlook And 2026 Mortgage Recovery May Support Upside
Analysts have increased their fair value estimate for NMI Holdings by about $1 to $45.14. This reflects updated views on the discount rate, long-term profit margin, and future P/E, along with recent price target adjustments to $43 and $44 that reference sector-level credit and mortgage trends.Why Investors Shouldn't Be Surprised By NMI Holdings, Inc.'s (NASDAQ:NMIH) Low P/E
Jul 31Here's Why We Think NMI Holdings (NASDAQ:NMIH) Might Deserve Your Attention Today
Jun 29NMI Holdings, Inc. (NASDAQ:NMIH) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 22NMI Holdings (NASDAQ:NMIH) Ticks All The Boxes When It Comes To Earnings Growth
Mar 26NMI Holdings: Excellent Relative Value, Buy
Jan 14Improved Earnings Required Before NMI Holdings, Inc. (NASDAQ:NMIH) Shares Find Their Feet
Jan 03How NMI Holdings' Superior Credit Quality Drives Growth
Oct 23Does NMI Holdings (NASDAQ:NMIH) Deserve A Spot On Your Watchlist?
Sep 26
Record Financial Results And Calculated Advances Set To Boost Shareholder Returns Amid Challenges
A strong demand for the company's services, evidenced by growth in the insured portfolio and increasing NIW volume, forecasts higher revenue growth.NMI Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03NMI Holdings, Inc.'s (NASDAQ:NMIH) Business And Shares Still Trailing The Market
Jul 21Here's Why NMI Holdings (NASDAQ:NMIH) Has Caught The Eye Of Investors
May 28NMI Holdings: Contrary To Its Name, This Is Not Your Enemy
May 10Not Many Are Piling Into NMI Holdings, Inc. (NASDAQ:NMIH) Just Yet
Apr 01Buy NMI Holdings: Home Mortgage Credit Managers Are Getting Cheap
Feb 18NMI Holdings, Inc. (NASDAQ:NMIH) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 17Do NMI Holdings' (NASDAQ:NMIH) Earnings Warrant Your Attention?
Jan 23Insufficient Growth At NMI Holdings, Inc. (NASDAQ:NMIH) Hampers Share Price
Dec 23Here's Why We Think NMI Holdings (NASDAQ:NMIH) Might Deserve Your Attention Today
Oct 11We Ran A Stock Scan For Earnings Growth And NMI Holdings (NASDAQ:NMIH) Passed With Ease
Jun 30Should You Be Adding NMI Holdings (NASDAQ:NMIH) To Your Watchlist Today?
Mar 23NMI Holdings insurance unit inks $154M excess-of-loss reinsurance deal
Aug 30NMI Holdings Is A Cheap Bet Against A Housing Cataclysm
Aug 03NMI Holdings Inc. Offers Strong Growth At A Reasonable Price
Dec 08Here's Why I Think NMI Holdings (NASDAQ:NMIH) Is An Interesting Stock
Nov 08NMI Holdings: This Compounder Still Remains Unnoticed And Provides Significant Upside Potential
Sep 06NMI Holdings: Don't Miss This Unique Attractive Entry Point
Jul 12Shareholder Returns
| NMIH | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -9.5% | 1.6% | 0.8% |
| 1Y | -1.1% | -11.0% | 27.8% |
Return vs Industry: NMIH exceeded the US Diversified Financial industry which returned -11% over the past year.
Return vs Market: NMIH underperformed the US Market which returned 27.8% over the past year.
Price Volatility
| NMIH volatility | |
|---|---|
| NMIH Average Weekly Movement | 3.7% |
| Diversified Financial Industry Average Movement | 6.4% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: NMIH has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NMIH's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 225 | Adam Pollitzer | www.nationalmi.com |
NMI Holdings, Inc., together with its subsidiaries, provides private mortgage guaranty insurance services in the United States. It provides primary mortgage insurance services; and outsourced loan review services to mortgage loan originators. The company serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.
NMI Holdings, Inc. Fundamentals Summary
| NMIH fundamental statistics | |
|---|---|
| Market cap | US$2.83b |
| Earnings (TTM) | US$388.93m |
| Revenue (TTM) | US$706.44m |
7.3x
P/E Ratio4.0x
P/S RatioIs NMIH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NMIH income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$0 |
| Earnings | US$0 |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.11 |
| Gross Margin | 78.02% |
| Net Profit Margin | 55.05% |
| Debt/Equity Ratio | 16.1% |
How did NMIH perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 12:20 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NMI Holdings, Inc. is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Mark DeVries | Barclays |
| Terry Ma | Barclays |