Zacks Research Issues Pessimistic Forecast for NMI Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Investment analysts at Zacks Research lowered their Q1 2027 earnings per share estimates for NMI in a research report issued to clients and investors on Tuesday, June 16th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $1.34 per share for the quarter, down from their previous forecast of $1.35. The consensus estimate for NMI’s current full-year earnings is $5.12 per share. Zacks Research also issued estimates for NMI’s Q2 2027 earnings at $1.30 EPS, FY2027 earnings at $5.42 EPS and FY2028 earnings at $5.49 EPS.

NMIH has been the topic of several other reports. JPMorgan Chase & Co. lowered their target price on NMI from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Keefe, Bruyette & Woods lowered their target price on NMI from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Weiss Ratings upgraded NMI from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. UBS Group set a $46.00 price objective on NMI in a research note on Friday, May 22nd. Finally, Barclays decreased their price objective on NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, NMI currently has an average rating of “Moderate Buy” and a consensus price target of $44.80.

NMI Stock Performance

Shares of NMIH opened at $38.02 on Wednesday. The firm has a market cap of $2.89 billion, a PE ratio of 7.74, a PEG ratio of 1.29 and a beta of 0.56. The stock’s fifty day moving average price is $38.12 and its two-hundred day moving average price is $38.69. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.63 and a quick ratio of 0.63. NMI has a 1 year low of $34.84 and a 1 year high of $43.20.

NMI (NASDAQ:NMIH) last issued its earnings results on Thursday, April 30th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. The firm had revenue of $183.48 million for the quarter, compared to analyst estimates of $153.99 million. NMI had a return on equity of 15.18% and a net margin of 53.82%.The business’s revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.28 earnings per share.

Insider Transactions at NMI

In related news, Director Michael Curry Montgomery sold 1,554 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $37.90, for a total transaction of $58,896.60. Following the completion of the sale, the director directly owned 69,026 shares in the company, valued at $2,616,085.40. This represents a 2.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Bradley M. Shuster sold 18,996 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $37.05, for a total value of $703,801.80. Following the sale, the chairman owned 415,411 shares of the company’s stock, valued at $15,390,977.55. This represents a 4.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 39,503 shares of company stock valued at $1,470,593 over the last quarter. Company insiders own 2.44% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE raised its position in NMI by 22.7% during the 1st quarter. Bank of America Corp DE now owns 1,304,633 shares of the financial services provider’s stock valued at $48,937,000 after purchasing an additional 241,724 shares during the last quarter. Edgestream Partners L.P. raised its position in NMI by 5.9% during the 1st quarter. Edgestream Partners L.P. now owns 233,637 shares of the financial services provider’s stock valued at $8,764,000 after purchasing an additional 13,003 shares during the last quarter. South Dakota Investment Council raised its position in NMI by 25.4% during the 1st quarter. South Dakota Investment Council now owns 243,319 shares of the financial services provider’s stock valued at $9,127,000 after purchasing an additional 49,256 shares during the last quarter. Amundi raised its position in NMI by 1,364.3% during the 1st quarter. Amundi now owns 168,246 shares of the financial services provider’s stock valued at $6,311,000 after purchasing an additional 156,756 shares during the last quarter. Finally, California State Teachers Retirement System raised its position in NMI by 22.2% during the 1st quarter. California State Teachers Retirement System now owns 88,962 shares of the financial services provider’s stock valued at $3,337,000 after purchasing an additional 16,175 shares during the last quarter. Institutional investors own 94.12% of the company’s stock.

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.