Brokers Issue Forecasts for NMI’s Q2 Earnings (NASDAQ:NMIH)

NMI Holdings Inc (NASDAQ:NMIH) – Stock analysts at Zacks Research increased their Q2 2026 earnings estimates for NMI in a research report issued on Thursday, October 9th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $1.25 for the quarter, up from their previous forecast of $1.24. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q1 2027 earnings at $1.36 EPS and Q2 2027 earnings at $1.37 EPS.

NMI (NASDAQ:NMIH) last announced its earnings results on Tuesday, July 29th. The financial services provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. NMI had a net margin of 55.57% and a return on equity of 16.51%. The company had revenue of $149.07 million during the quarter, compared to analyst estimates of $173.39 million. During the same quarter last year, the firm posted $1.20 earnings per share. NMI’s revenue was up 7.2% compared to the same quarter last year.

Several other research analysts have also commented on NMIH. JPMorgan Chase & Co. lowered their price objective on shares of NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of NMI in a research note on Wednesday, October 8th. Barclays reiterated a “cautious” rating on shares of NMI in a research note on Monday, October 6th. Wall Street Zen downgraded shares of NMI from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. Finally, Keefe, Bruyette & Woods downgraded shares of NMI from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $42.00 to $43.00 in a research note on Monday, July 7th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.33.

NMI Trading Up 1.7%

NASDAQ NMIH opened at $36.28 on Monday. The firm has a 50 day simple moving average of $38.71 and a 200-day simple moving average of $38.16. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.74 and a current ratio of 0.74. NMI has a one year low of $31.90 and a one year high of $43.20. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 7.70, a PEG ratio of 1.03 and a beta of 0.56.

Insiders Place Their Bets

In other NMI news, Director Steven Scheid sold 19,926 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $39.31, for a total transaction of $783,291.06. Following the sale, the director owned 78,960 shares of the company’s stock, valued at approximately $3,103,917.60. This trade represents a 20.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.00% of the company’s stock.

Institutional Trading of NMI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. raised its holdings in NMI by 18.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,800 shares of the financial services provider’s stock worth $281,000 after purchasing an additional 1,200 shares in the last quarter. Principal Financial Group Inc. raised its holdings in NMI by 2.3% during the first quarter. Principal Financial Group Inc. now owns 462,641 shares of the financial services provider’s stock worth $16,678,000 after purchasing an additional 10,377 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in NMI by 90.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,543 shares of the financial services provider’s stock worth $416,000 after purchasing an additional 5,492 shares in the last quarter. Entropy Technologies LP raised its holdings in NMI by 136.9% during the first quarter. Entropy Technologies LP now owns 18,688 shares of the financial services provider’s stock worth $674,000 after purchasing an additional 10,800 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of NMI by 53.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 19,012 shares of the financial services provider’s stock valued at $696,000 after acquiring an additional 6,659 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

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.