Zacks Research Brokers Decrease Earnings Estimates for NMI

NMI Holdings, Inc. (NASDAQ:NMIH) – Equities researchers at Zacks Research cut their Q1 2025 EPS estimates for NMI in a research note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.10 per share for the quarter, down from their prior forecast of $1.13. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q2 2025 earnings at $1.14 EPS, Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.17 EPS, FY2025 earnings at $4.57 EPS, Q1 2026 earnings at $1.23 EPS, Q2 2026 earnings at $1.25 EPS and FY2027 earnings at $5.28 EPS.

A number of other research analysts have also recently issued reports on NMIH. Barclays cut NMI from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $48.00 to $41.00 in a report on Monday, January 6th. Keefe, Bruyette & Woods upgraded NMI from a “market perform” rating to an “outperform” rating and set a $43.00 price objective for the company in a research report on Monday. Royal Bank of Canada decreased their target price on NMI from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. decreased their target price on NMI from $46.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, December 9th. Finally, UBS Group decreased their price objective on NMI from $42.00 to $41.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $42.29.

NMI Stock Down 1.1 %

Shares of NASDAQ NMIH opened at $35.57 on Wednesday. The stock has a market cap of $2.79 billion, a PE ratio of 8.03, a PEG ratio of 1.41 and a beta of 1.12. The business has a fifty day moving average of $36.81 and a two-hundred day moving average of $38.58. NMI has a 52-week low of $29.05 and a 52-week high of $42.49. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60.

NMI (NASDAQ:NMIH) last issued its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.07). NMI had a net margin of 55.32% and a return on equity of 17.33%.

Insider Buying and Selling at NMI

In other news, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $35.44, for a total transaction of $38,381.52. Following the sale, the executive vice president now owns 49,218 shares in the company, valued at $1,744,285.92. This represents a 2.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Norman Peter Fitzgerald sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $35.88, for a total value of $717,600.00. Following the sale, the executive vice president now owns 37,470 shares in the company, valued at approximately $1,344,423.60. This represents a 34.80 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of NMI during the 4th quarter worth $13,174,000. Raymond James Financial Inc. bought a new position in NMI in the fourth quarter valued at about $13,136,000. Donald Smith & CO. Inc. raised its position in NMI by 34.8% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,307,868 shares of the financial services provider’s stock valued at $48,077,000 after purchasing an additional 337,996 shares during the last quarter. Barclays PLC raised its position in NMI by 264.4% in the third quarter. Barclays PLC now owns 386,999 shares of the financial services provider’s stock valued at $15,940,000 after purchasing an additional 280,809 shares during the last quarter. Finally, abrdn plc bought a new position in NMI in the fourth quarter valued at about $8,122,000. 94.12% of the stock is owned by institutional investors and hedge funds.

About NMI

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It 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.