Equities Analysts Set Expectations for NMI FY2026 Earnings

NMI Holdings, Inc. (NASDAQ:NMIH) – Zacks Research reduced their FY2026 earnings per share (EPS) estimates for NMI in a research note issued on Monday, February 24th. Zacks Research analyst R. Department now expects that the financial services provider will earn $5.00 per share for the year, down from their previous estimate of $5.09. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2026 earnings at $1.27 EPS.

NMI (NASDAQ:NMIH) last released its earnings results on Wednesday, February 12th. The financial services provider reported $1.07 EPS 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%.

A number of other brokerages have also issued reports on NMIH. Barclays lowered NMI from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $48.00 to $41.00 in a research note on Monday, January 6th. 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 note on Monday, December 9th. Royal Bank of Canada dropped their price target on shares of NMI from $48.00 to $47.00 and set an “outperform” rating on the stock in a research report on Thursday, November 7th. UBS Group reduced their price objective on shares of NMI from $42.00 to $41.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Finally, Keefe, Bruyette & Woods raised shares of NMI from a “market perform” rating to an “outperform” rating and set a $43.00 price objective on the stock in a research note on Monday, February 24th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $42.29.

NMI Trading Up 1.8 %

NMI stock opened at $36.44 on Thursday. NMI has a 12-month low of $29.05 and a 12-month high of $42.49. The stock has a market capitalization of $2.86 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 1.41 and a beta of 1.12. The firm has a 50 day simple moving average of $36.78 and a 200-day simple moving average of $38.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.60 and a quick ratio of 0.83.

Insider Buying and Selling

In related news, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were 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 owns 49,218 shares of the company’s stock, valued at approximately $1,744,285.92. This trade represents a 2.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Norman Peter Fitzgerald sold 20,000 shares of NMI 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 transaction, the executive vice president now owns 37,470 shares in the company, valued at approximately $1,344,423.60. The trade was a 34.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On NMI

A number of institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of NMI in the 4th quarter valued at about $13,174,000. Raymond James Financial Inc. acquired a new position in NMI in the 4th quarter valued at approximately $13,136,000. Donald Smith & CO. Inc. lifted its position in NMI by 34.8% in the 4th quarter. Donald Smith & CO. Inc. now owns 1,307,868 shares of the financial services provider’s stock worth $48,077,000 after buying an additional 337,996 shares in the last quarter. Barclays PLC boosted its stake in shares of NMI by 264.4% during the 3rd quarter. Barclays PLC now owns 386,999 shares of the financial services provider’s stock valued at $15,940,000 after buying an additional 280,809 shares during the period. Finally, abrdn plc purchased a new position in shares of NMI during the 4th quarter valued at $8,122,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

NMI Company Profile

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.