Zacks Research Issues Pessimistic Forecast for NMI Earnings

NMI Holdings, Inc. (NASDAQ:NMIH) – Equities researchers at Zacks Research cut their Q1 2025 EPS estimates for shares of NMI in a research note issued to investors on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $1.09 per share for the quarter, down from their prior forecast of $1.10. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.54 EPS, Q1 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $4.96 EPS and FY2027 earnings at $5.22 EPS.

NMIH has been the subject of a number of other research reports. JPMorgan Chase & Co. reduced their price objective on NMI from $46.00 to $41.00 and set an “overweight” rating for the company in a research note on Monday, December 9th. Keefe, Bruyette & Woods raised shares of NMI from a “market perform” rating to an “outperform” rating and set a $43.00 price target for the company in a research report on Monday, February 24th. UBS Group lowered their price objective on shares of NMI from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Finally, Barclays cut shares of NMI from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $48.00 to $41.00 in a report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $42.29.

NMI Stock Performance

Shares of NMI stock opened at $36.14 on Monday. The business has a 50-day simple moving average of $36.47 and a 200 day simple moving average of $38.06. NMI has a one year low of $29.05 and a one year high of $42.49. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.60 and a quick ratio of 0.83. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 8.16, a PEG ratio of 1.41 and a beta of 1.02.

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

Insider Activity

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

Institutional Trading of NMI

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in NMI by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 7,158,877 shares of the financial services provider’s stock valued at $263,160,000 after acquiring an additional 39,503 shares during the last quarter. State Street Corp lifted its stake in NMI by 1.0% in the third quarter. State Street Corp now owns 3,565,348 shares of the financial services provider’s stock valued at $146,857,000 after purchasing an additional 35,351 shares during the last quarter. American Century Companies Inc. grew its holdings in NMI by 8.0% during the fourth quarter. American Century Companies Inc. now owns 1,957,179 shares of the financial services provider’s stock valued at $71,946,000 after purchasing an additional 145,591 shares during the period. FMR LLC increased its position in NMI by 7.6% in the third quarter. FMR LLC now owns 1,517,092 shares of the financial services provider’s stock worth $62,489,000 after buying an additional 107,771 shares during the last quarter. Finally, Donald Smith & CO. Inc. raised its stake in shares of 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 buying an additional 337,996 shares during the period. Hedge funds and other institutional investors own 94.12% of the company’s stock.

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.