NMI Holdings, Inc. (NASDAQ: NMIH) is a Financial Services company in the Insurance - Specialty industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 8.57 | EPS (ttm) | 5.17 | Insider Own | 3.92% | Shs Outstand | 75.97M | Perf Week | 3.63% |
| Market Cap | 3.37B | Forward P/E | 8.23 | EPS next Y | 5.38 | Insider Trans | -6.42% | Shs Float | 74.25M | Perf Month | 8.05% |
| Enterprise Value | 3.31B | PEG | 1.11 | EPS next Q | - | Inst Own | - | Short Float | 2.80% | Perf Quarter | 14.44% |
| Income | 395.45M | P/S | 4.61 | EPS this Y | 5.80% | Inst Trans | - | Short Ratio | 3.58 | Perf Half Y | 14.18% |
| Sales | 716.00M | P/B | 0.00 | EPS next Y | 3.61% | ROA | 0.01% | Short Interest | 2.08M | Perf YTD | 8.61% |
| Book/sh | - | P/C | 7.50 | EPS next 5Y | 3.55% | ROE | 0.03% | 52W High | 47.04 -5.22% | Perf Year | 18.54% |
| Cash/sh | - | P/FCF | 7.56 | EPS past 3/5Y | 13.22% 18.23% | ROIC | -0.10% | 52W Low | 35.06 27.15% | Perf 3Y | 62.21% |
| Dividend Est. | - | EV/EBITDA | - | Sales past 3/5Y | 10.45% 10.12% | Gross Margin | 43.70% | Volatility | 3.36% 2.46% | Perf 5Y | 110.55% |
| Dividend TTM | - | EV/Sales | - | EPS Y/Y TTM | 10.84% | Oper. Margin | 33.51% | ATR (14) | 1.14 | Perf 10Y | 633.44% |
| Dividend Ex-Date | - | Quick Ratio | 0.40 | Sales Y/Y TTM | 9.98% | Profit Margin | 54.12% | RSI (14) | 67.93 | Recom | 2.20 |
| Dividend Gr. 3/5Y | - | Current Ratio | 0.40 | EPS Q/Q | 0.00% | SMA20 | 4.80% | Beta | 0.53 | Target Price | 46.00 |
| Payout | 0.00% | Debt/Eq | 0.00 | Sales Q/Q | 5.78% | SMA50 | 11.96% | Rel Volume | 1.47 | Prev Close | 44.30 |
| Employees | 225 | LT Debt/Eq | 0.16 | Earnings | Nov 03 | SMA200 | 14.28% | Avg Volume | 582.57K | Price | 44.58 |
| IPO Date | Nov 08, 2013 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 3.66% 0.53% | Net Debt/EBITDA | -0.26 | Volume | 858,791 | Change | 0.63% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| May-22-26 | Reiterated | RBC Capital | Outperform | $48 → $46 |
| Jan-12-26 | Reiterated | UBS | Neutral | $42 → $43 |
| Jan-06-26 | Reiterated | Barclays | Equal Weight | $43 → $44 |
| Dec-18-25 | Upgrade | Keefe, Bruyette & Woods | Market Perform → Outperform | |
| Jul-07-25 | Downgrade | Keefe, Bruyette & Woods | Outperform → Market Perform | |
| Feb-24-25 | Upgrade | Keefe, Bruyette & Woods | Market Perform → Outperform | |
| Jan-06-25 | Downgrade | Barclays | Overweight → Equal Weight | |
| Sep-18-24 | Upgrade | RBC Capital | Sector Perform → Outperform | $48 |
| Jul-31-24 | Reiterated | RBC Capital | Sector Perform | $34 → $40 |
| Jul-31-24 | Reiterated | Barclays | Overweight | $25 → $43 |
NMI Holdings, Inc. is a company operating within the United States that offers private mortgage guaranty insurance. In addition to its core insurance products, the firm also delivers outsourced loan assessment services, specifically catering to mortgage loan originators. Its diverse client roster includes national and regional mortgage banks, prominent money center banks, credit unions, local community banks, builder-owned lenders, internet-based lending platforms, and other non-bank mortgage providers. The company commenced operations after its incorporation in 2011 and is based in Emeryville, California.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 730 | 706 | 651 | 579 | 524 | 486 | 436 | 370 | 274 | |
| Cost of Goods Sold Incl. D&A | 82 | 58 | 32 | 23 | -2 | 15 | 62 | 15 | 6 | |
| Gross Profit | 319 | 648 | 619 | 556 | 527 | 471 | 374 | 355 | 268 | |
| Selling, General and Administrative Excl. Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 61,189 | 148 | 155 | 143 | 150 | 174 | 156 | 137 | 132 | |
| Operating Income | 245 | 500 | 463 | 413 | 377 | 297 | 218 | 217 | 136 | |
| Interest Expense | 14,239 | 28 | 37 | 32 | 32 | 32 | 24 | 12 | 15 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 276,128 | 28 | 37 | 32 | 32 | 32 | 24 | 12 | 15 | |
| Net Income Before Taxes | 262,134 | 500 | 463 | 413 | 377 | 297 | 218 | 217 | 136 | |
| Income Taxes | 112 | 111 | 103 | 91 | 84 | 66 | 47 | 45 | 28 | |
| Consolidated Net Income | 395 | 389 | 360 | 322 | 293 | 231 | 172 | 172 | 108 | |
| Net Income From Continuing Operations | 190 | 389 | 360 | 322 | 293 | 231 | 172 | 172 | 108 | |
| Net Income | 395 | 389 | 360 | 322 | 293 | 231 | 172 | 172 | 108 | |
| EPS (Recurring) | 5.17 | 5.01 | 4.51 | 3.91 | 3.45 | 2.70 | 2.20 | 2.54 | 1.66 | |
| EPS (Basic, Before Extraordinaries) | 5.17 | 5.01 | 4.51 | 3.91 | 3.45 | 2.70 | 2.20 | 2.54 | 1.66 | |
| EPS (Diluted) | 5.08 | 4.92 | 4.43 | 3.84 | 3.39 | 2.65 | 2.13 | 2.47 | 1.60 | |
| EBITDA | 276,379 | 540 | 512 | 456 | 421 | 340 | 252 | 238 | 159 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 8.78 | 8.29 | 8.30 | 7.73 | 6.17 | 8.25 | 10.63 | 13.43 | 11.16 | |
| Price To Sales Ratio | 4.64 | 4.51 | 4.52 | 4.20 | 3.39 | 3.87 | 4.05 | 6.10 | 4.23 | |
| Gross Margin | 43.70 | 91.78 | 95.08 | 96.03 | 100.57 | 96.91 | 85.78 | 95.95 | 97.81 | |
| Operating Margin | 33.56 | 70.82 | 71.12 | 71.33 | 71.95 | 61.11 | 50.00 | 58.65 | 49.64 | |
| Net Margin | 54.11 | 55.10 | 55.30 | 55.61 | 55.92 | 47.53 | 39.45 | 46.49 | 39.42 | |
| Shares Outstanding | 76 | 78 | 80 | 82 | 85 | 86 | 78 | 68 | 65 | |
| Market Capitalization | 3,388 | 3,182 | 2,941 | 2,434 | 1,776 | 1,879 | 1,767 | 2,256 | 1,160 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Montgomery Michael Curry | Director | May 19 '26 | Sale | 37.90 | 1,554 | 58,897 | 69,026 | May 20 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 24 '26 | Sale | 37.35 | 18,953 | 707,832 | 415,411 | Mar 25 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 23 '26 | Option Exercise | 11.10 | 55,156 | 612,232 | 470,567 | Mar 25 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 19 '26 | Sale | 37.05 | 18,996 | 703,885 | 415,411 | Mar 19 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 18 '26 | Option Exercise | 11.10 | 55,158 | 612,254 | 470,569 | Mar 19 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 12 '26 | Sale | 36.58 | 18,976 | 694,148 | 415,411 | Mar 12 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 11 '26 | Option Exercise | 11.10 | 55,158 | 612,254 | 470,569 | Mar 12 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 05 '26 | Sale | 38.91 | 19,430 | 755,944 | 415,411 | Mar 06 |
| SHUSTER BRADLEY M | Executive Chairman | Mar 04 '26 | Option Exercise | 11.10 | 55,158 | 612,254 | 470,569 | Mar 06 |
| SHUSTER BRADLEY M | Executive Chairman | Feb 26 '26 | Sale | 39.85 | 19,557 | 779,427 | 415,411 | Feb 27 |
| SHUSTER BRADLEY M | Executive Chairman | Feb 25 '26 | Option Exercise | 11.10 | 55,158 | 612,254 | 470,569 | Feb 27 |
| SCHEID STEVEN | Director | Sep 15 '25 | Sale | 39.31 | 39,852 | 1,566,714 | 74,794 | Feb 27 |
| SHUSTER BRADLEY M | Executive Chairman | Feb 18 '26 | Option Exercise | 11.10 | 55,000 | 610,500 | 470,411 | Feb 18 |
| SHUSTER BRADLEY M | Executive Chairman | Feb 18 '26 | Sale | 39.63 | 55,000 | 2,179,623 | 415,411 | Feb 18 |
| Fitzgerald Norman Peter | EVP, Chief Sales Officer | Feb 17 '26 | Sale | 39.94 | 22,500 | 898,634 | 32,445 | Feb 18 |