Zacks Research Weighs in on NMI’s Q2 Earnings (NASDAQ:NMIH)

NMI Holdings, Inc. (NASDAQ:NMIH) – Investment analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for shares of NMI in a research note issued on Monday, May 19th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.13 per share for the quarter, down from their previous estimate of $1.14. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q3 2025 earnings at $1.15 EPS, FY2025 earnings at $4.73 EPS, Q2 2026 earnings at $1.23 EPS, Q3 2026 earnings at $1.22 EPS and FY2026 earnings at $4.94 EPS.

NMI (NASDAQ:NMIH) last issued its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.10 by $0.18. NMI had a return on equity of 17.33% and a net margin of 55.32%. The business had revenue of $173.25 million for the quarter, compared to the consensus estimate of $169.04 million. During the same quarter last year, the business posted $1.08 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year.

A number of other research firms also recently issued reports on NMIH. JPMorgan Chase & Co. decreased their price objective on NMI from $42.00 to $41.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. StockNews.com upgraded shares of NMI from a “hold” rating to a “buy” rating in a research note on Monday, May 5th. UBS Group decreased their price objective on shares of NMI from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Finally, Keefe, Bruyette & Woods dropped their price target on NMI from $43.00 to $42.00 and set an “outperform” rating for the company in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $43.17.

NMI Stock Up 1.1%

NMI stock opened at $38.63 on Wednesday. The company has a 50 day moving average of $35.56 and a 200-day moving average of $36.64. The stock has a market capitalization of $3.02 billion, a PE ratio of 8.72, a price-to-earnings-growth ratio of 1.41 and a beta of 0.56. The company has a quick ratio of 0.83, a current ratio of 0.60 and a debt-to-equity ratio of 0.19. NMI has a twelve month low of $31.59 and a twelve month high of $42.49.

Insiders Place Their Bets

In other news, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the stock in a transaction dated 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 represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Curry Montgomery sold 1,875 shares of NMI stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $38.05, for a total transaction of $71,343.75. Following the sale, the director now directly owns 66,068 shares in the company, valued at $2,513,887.40. This trade represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 113,235 shares of company stock worth $4,113,998 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Barclays PLC increased its holdings in NMI by 264.4% in the 3rd quarter. Barclays PLC now owns 386,999 shares of the financial services provider’s stock worth $15,940,000 after purchasing an additional 280,809 shares in the last quarter. Dakota Wealth Management grew its holdings in shares of NMI by 8.5% during the fourth quarter. Dakota Wealth Management now owns 11,516 shares of the financial services provider’s stock worth $423,000 after purchasing an additional 899 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of NMI by 2.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 14,883 shares of the financial services provider’s stock valued at $547,000 after buying an additional 320 shares during the period. Inspire Investing LLC raised its holdings in NMI by 9.5% in the 4th quarter. Inspire Investing LLC now owns 10,901 shares of the financial services provider’s stock valued at $401,000 after buying an additional 948 shares during the last quarter. Finally, KBC Group NV boosted its position in NMI by 38.3% during the 4th quarter. KBC Group NV now owns 3,221 shares of the financial services provider’s stock worth $118,000 after buying an additional 892 shares during the period. 94.12% of the stock is currently owned by institutional investors and hedge funds.

About NMI

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.