NMI Holdings Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 26/118 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 44.43.In the medium term, the stock price is expected to remain stable.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
NMI Holdings Inc's Score
Industry at a Glance
Industry Ranking
26 / 118
Overall Ranking
106 / 4562
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Buy
Current Rating
44.429
Target Price
+19.11%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
NMI Holdings Inc Highlights
StrengthsRisks
NMI Holdings, Inc. provides mortgage insurance (MI), through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 24.39% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 650.97M.
Overvalued
The company’s latest PE is 8.54, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 76.56M shares, decreasing 5.58% quarter-over-quarter.
NMI Holdings, Inc. provides mortgage insurance (MI), through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.
Ticker SymbolNMIH
CompanyNMI Holdings Inc
CEOPollitzer (Adam S)
Websitehttps://www.nationalmi.com/
FAQs
What is the current price of NMI Holdings Inc (NMIH)?
The current price of NMI Holdings Inc (NMIH) is 41.410.
What is the symbol of NMI Holdings Inc?
The ticker symbol of NMI Holdings Inc is NMIH.
What is the 52-week high of NMI Holdings Inc?
The 52-week high of NMI Holdings Inc is 43.200.
What is the 52-week low of NMI Holdings Inc?
The 52-week low of NMI Holdings Inc is 31.900.
What is the market capitalization of NMI Holdings Inc?
The market capitalization of NMI Holdings Inc is 3.19B.
What is the net income of NMI Holdings Inc?
The net income of NMI Holdings Inc is 360.11M.
Is NMI Holdings Inc (NMIH) currently rated as Buy, Hold, or Sell?
According to analysts, NMI Holdings Inc (NMIH) has an overall rating of Buy, with a price target of 44.429.
What is the Earnings Per Share (EPS TTM) of NMI Holdings Inc (NMIH)?
The Earnings Per Share (EPS TTM) of NMI Holdings Inc (NMIH) is 4.873.