DOWLING & PARTN Has Positive Outlook of NMI FY2026 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Equities researchers at DOWLING & PARTN boosted their FY2026 earnings per share estimates for shares of NMI in a research note issued to investors on Friday, August 7th. DOWLING & PARTN analyst G. Dunn now expects that the financial services provider will post earnings of $5.19 per share for the year, up from their previous estimate of $5.00. The consensus estimate for NMI’s current full-year earnings is $5.19 per share. DOWLING & PARTN also issued estimates for NMI’s FY2027 earnings at $5.40 EPS and FY2028 earnings at $5.75 EPS.

Several other research firms also recently commented on NMIH. UBS Group set a $46.00 price objective on NMI in a report on Friday, May 22nd. Weiss Ratings upgraded shares of NMI from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 12th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $47.00 target price on shares of NMI in a report on Monday, August 3rd. Truist Financial increased their price target on NMI from $49.00 to $51.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on NMI from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $48.33.

NMI Stock Performance

Shares of NMIH stock opened at $44.20 on Tuesday. The company’s 50-day moving average is $40.57 and its 200 day moving average is $39.28. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 8.70, a price-to-earnings-growth ratio of 1.22 and a beta of 0.53. NMI has a one year low of $34.84 and a one year high of $46.74. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.65 and a current ratio of 0.65.

NMI (NASDAQ:NMIH) last released its earnings results on Thursday, July 30th. The financial services provider reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. NMI had a net margin of 54.10% and a return on equity of 15.13%. The firm had revenue of $187.89 million for the quarter, compared to the consensus estimate of $156.26 million. During the same period in the prior year, the firm earned $1.22 EPS. The company’s revenue was up 8.1% compared to the same quarter last year.

Hedge Funds Weigh In On NMI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. grew its holdings in NMI by 34.0% during the 1st quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock valued at $40,000 after buying an additional 272 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of NMI by 35.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,160 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 301 shares in the last quarter. Evolve Private Wealth LLC boosted its position in shares of NMI by 1.6% during the 1st quarter. Evolve Private Wealth LLC now owns 19,525 shares of the financial services provider’s stock valued at $732,000 after acquiring an additional 302 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of NMI by 11.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 310 shares during the last quarter. Finally, California State Teachers Retirement System grew its holdings in shares of NMI by 0.5% in the second quarter. California State Teachers Retirement System now owns 70,112 shares of the financial services provider’s stock valued at $2,958,000 after purchasing an additional 328 shares in the last quarter. 94.12% of the stock is owned by institutional investors.

Insider Buying and Selling at NMI

In other NMI news, EVP Robert Owen Smith sold 12,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $44.65, for a total transaction of $535,800.00. Following the completion of the transaction, the executive vice president owned 96,381 shares of the company’s stock, valued at $4,303,411.65. This represents a 11.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Curry Montgomery sold 1,554 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total transaction of $58,896.60. Following the transaction, the director directly owned 69,026 shares of the company’s stock, valued at $2,616,085.40. This trade represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.44% of the stock is owned by insiders.

NMI Company Profile

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.