Zacks Research Issues Pessimistic Outlook for NMI Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Investment analysts at Zacks Research cut their Q1 2026 earnings estimates for NMI in a research report issued on Thursday, March 5th. Zacks Research analyst Team now expects that the financial services provider will earn $1.22 per share for the quarter, down from their prior forecast of $1.23. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q2 2026 earnings at $1.31 EPS, Q3 2026 earnings at $1.30 EPS, FY2026 earnings at $5.12 EPS, Q1 2027 earnings at $1.36 EPS and FY2028 earnings at $5.63 EPS.

NMI (NASDAQ:NMIH) last issued its earnings results on Tuesday, February 10th. The financial services provider reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. NMI had a return on equity of 15.78% and a net margin of 55.05%.The business had revenue of $180.74 million for the quarter, compared to the consensus estimate of $180.69 million. During the same period last year, the business posted $1.07 EPS.

Other analysts also recently issued research reports about the stock. UBS Group set a $43.00 price target on shares of NMI in a report on Monday, January 12th. Keefe, Bruyette & Woods upgraded shares of NMI from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $46.00 to $48.00 in a report on Thursday, December 18th. JPMorgan Chase & Co. boosted their target price on shares of NMI from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Barclays increased their price target on NMI from $43.00 to $44.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of NMI in a research note on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

NMI Trading Down 1.4%

NMI stock opened at $38.70 on Friday. NMI has a one year low of $31.90 and a one year high of $43.20. The business’s fifty day moving average is $39.45 and its 200 day moving average is $38.65. The stock has a market capitalization of $2.94 billion, a PE ratio of 7.88, a price-to-earnings-growth ratio of 1.08 and a beta of 0.63. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.57 and a quick ratio of 0.57.

Insider Activity

In other NMI news, EVP Norman Peter Fitzgerald sold 22,500 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $39.94, for a total transaction of $898,650.00. Following the completion of the sale, the executive vice president owned 32,445 shares of the company’s stock, valued at approximately $1,295,853.30. The trade was a 40.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Bradley M. Shuster sold 19,557 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $39.85, for a total value of $779,346.45. Following the completion of the sale, the chairman owned 415,411 shares of the company’s stock, valued at approximately $16,554,128.35. The trade was a 4.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 113,057 shares of company stock valued at $4,495,886 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Allworth Financial LP raised its stake in NMI by 196.0% during the 3rd quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 437 shares during the period. Maseco LLP purchased a new stake in shares of NMI in the fourth quarter worth $31,000. IFP Advisors Inc increased its stake in shares of NMI by 189.5% in the fourth quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 521 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of NMI by 51.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 856 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 291 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in NMI in the 2nd quarter worth $36,000. 94.12% of the stock is currently owned by institutional investors.

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.