NMIH Stock Price, NMI Holdings Inc Quote, Chart

Market Summary

USD34.26+0.54

Delayed

1.60%

NMIH Stock Price

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NMIH RSI Chart

NMIH Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

8.17

Price/Sales (Trailing)

4.6

EV/EBITDA

5.5

Price/Free Cashflow

7.76

NMIH Price/Sales (Trailing)

NMIH Profitability

EBT Margin

72.03%

Return on Equity

17.02%

Return on Assets

11.2%

Free Cashflow Yield

12.89%

NMIH Fundamentals

NMIH Revenue

Revenue (TTM)

598.5M

Rev. Growth (Yr)

14.24%

Rev. Growth (Qtr)

3.22%

NMIH Earnings

Earnings (TTM)

336.7M

Earnings Growth (Yr)

19.6%

Earnings Growth (Qtr)

6.76%

Breaking Down NMIH Revenue

Last 7 days

1%

Last 30 days

16.1%

Last 90 days

17.9%

Trailing 12 Months

33.6%

How does NMIH drawdown profile look like?

NMIH Financial Health

Debt/Equity

0.2

Debt/Cashflow

0.92

NMIH Investor Care

Buy Backs (1Y)

3.61%

Diluted EPS (TTM)

4.04

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	598.5M	0	0	0
2023	532.7M	543.1M	560.7M	579.0M
2022	497.3M	508.8M	515.3M	523.3M
2021	440.8M	453.6M	469.9M	485.1M
2020	405.3M	422.1M	428.3M	433.3M
2019	296.6M	320.3M	350.1M	378.8M
2018	205.2M	230.5M	253.3M	275.0M
2017	138.7M	151.4M	164.8M	182.7M
2016	66.6M	85.2M	106.0M	123.8M
2015	24.5M	31.9M	41.2M	53.6M
2014	10.9M	13.7M	16.9M	19.6M
2013	2.0M	3.7M	5.4M	7.1M
2012	0	0	0	284.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of NMI Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	swithenbank aurora	acquired	-	-	59,238	evp, chief financial officer
Mar 21, 2024	smith robert owen	sold	-93,556	31.1854	-3,000	evp, chief risk officer
Mar 19, 2024	yousaf mohammad nawaz	sold	-33,458	29.9539	-1,117	evp, operations & info. tech.
Mar 19, 2024	realmuto nicholas daniel	sold	-54,237	30.0819	-1,803	vp, controller
Mar 15, 2024	fitzgerald norman peter	sold	-359,975	29.9979	-12,000	evp, chief sales officer
Mar 15, 2024	realmuto nicholas daniel	acquired	-	-	3,332	vp, controller
Mar 15, 2024	yousaf mohammad nawaz	sold (taxes)	-	-	-1,450	evp, operations & info. tech.
Mar 15, 2024	realmuto nicholas daniel	sold (taxes)	-	-	-1,856	vp, controller
Mar 15, 2024	fitzgerald norman peter	sold (taxes)	-	-	-2,187	evp, chief sales officer
Mar 12, 2024	realmuto nicholas daniel	sold	-37,757	30.23	-1,249	vp, controller

Which funds bought or sold NMIH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	added	3.22	77,976	703,007	-%
May 16, 2024	Colony Group, LLC	added	6.7	803,000	5,745,000	0.05%
May 16, 2024	HANCOCK WHITNEY CORP	added	1.59	69,048	714,649	0.03%
May 16, 2024	Virtus Investment Advisers, Inc.	added	4.59	127,251	1,038,310	0.74%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.81	38,025	2,500,370	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	added	0.42	-49,769	546,947	0.01%
May 16, 2024	COMERICA BANK	reduced	-15.31	-453,439	5,423,890	0.02%
May 15, 2024	Lombard Odier Asset Management (USA) Corp	reduced	-3.92	80,550	1,797,360	0.04%
May 15, 2024	Aquatic Capital Management LLC	reduced	-32.73	-217,710	598,290	0.02%
May 15, 2024	JANUS HENDERSON GROUP PLC	reduced	-5.53	73,000	2,596,510	-%

Are Funds Buying or Selling NMIH?

Are funds buying NMIH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NMIH

No. of Funds

Unveiling NMI Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	oaktree capital group holdings gp, llc	5.8%	4,682,823	SC 13G/A
Feb 13, 2024	vanguard group inc	8.40%	6,809,208	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.6%	4,567,372	SC 13G
Jan 22, 2024	blackrock inc.	17.2%	13,925,793	SC 13G/A
Feb 14, 2023	oaktree capital management lp	5.9%	4,900,000	SC 13G/A
Feb 09, 2023	vanguard group inc	7.37%	6,163,709	SC 13G/A
Jan 23, 2023	blackrock inc.	17.8%	14,867,210	SC 13G/A
Feb 14, 2022	oaktree capital management lp	6.2%	5,320,000	SC 13G/A
Jan 27, 2022	blackrock inc.	15.9%	13,599,314	SC 13G/A
Jan 26, 2022	blackrock inc.	15.9%	13,599,314	SC 13G/A

Recent SEC filings of NMI Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 14, 2024	144	Notice of Insider Sale Intent
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading

Peers (Alternatives to NMI Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

NMI Holdings Inc News

Latest updates

NMI Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.2%	156	151	148	143	137	133	131	132	127	125	124	121	115	110	108	108	108	105	102	91.00	81.00
Costs and Expenses	-9.8%	42.00	46.00	41.00	39.00	41.00	38.00	32.00	35.00	41.00	47.00	47.00	47.00	48.00	48.00	58.00	73.00	35.00	42.00	38.00	40.00	42.00
EBITDA Margin	0.7%	0.79*	0.79*	0.80*	0.80*	0.81*	0.81*	0.79*	0.75*	0.72*	0.70*	0.69*	0.65*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.3%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	6.00	3.00	3.00	3.00	3.00	3.00
Income Taxes	17.2%	26.00	22.00	23.00	24.00	22.00	22.00	22.00	22.00	19.00	18.00	17.00	16.00	15.00	13.00	11.00	8.00	14.00	13.00	14.00	12.00	6.00
Earnings Before Taxes	8.9%	115	105	107	104	96.00	95.00	99.00	97.00	87.00	78.00	77.00	74.00	67.00	62.00	49.00	35.00	72.00	63.00	64.00	51.00	39.00
EBT Margin	1.1%	0.72*	0.71*	0.72*	0.72*	0.73*	0.72*	0.70*	0.67*	0.64*	0.61*	0.60*	0.56*	-	-	-	-	-	-	-	-	-
Net Income	6.8%	89.00	83.00	84.00	80.00	74.00	73.00	77.00	75.00	68.00	61.00	60.00	58.00	53.00	48.00	38.00	27.00	58.00	50.00	50.00	39.00	33.00
Net Income Margin	1.1%	0.56*	0.56*	0.56*	0.56*	0.56*	0.56*	0.54*	0.52*	0.49*	0.48*	0.47*	0.43*	-	-	-	-	-	-	-	-	-
Free Cashflow	281.9%	109	29.00	117	99.00	88.00	29.00	105	90.00	78.00	41.00	96.00	93.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.2%	3,006	2,941	2,762	2,690	2,634	2,516	2,404	2,392	2,424	2,451	2,398	2,306	2,188	2,167	2,082	2,047	1,388	1,365	1,301	1,220	1,148
Cash Equivalents	44.5%	140	97.00	176	73.00	83.00	44.00	126	72.00	131	77.00	97.00	68.00	116	127	194	515	110	41.00	46.00	36.00	40.00
Net PPE	0.2%	30.00	30.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	31.00	31.00	30.00	28.00	26.00	26.00	26.00	26.00	26.00	25.00
Liabilities	1.3%	1,028	1,015	971	941	927	902	878	867	889	885	882	846	808	797	774	790	413	434	428	408	396
Long Term Debt	-	-	-	-	-	-	396	-	-	-	395	-	-	-	393	-	-	146	146	146	146	147
Shareholder's Equity	2.7%	1,978	1,926	1,791	1,749	1,707	1,614	1,526	1,525	1,535	1,566	1,516	1,460	1,380	1,370	1,308	1,257	975	930	873	812	752
Retained Earnings	7.3%	1,312	1,223	1,140	1,056	976	901	828	751	676	608	548	487	430	377	329	291	264	205	155	105	66.00
Additional Paid-In Capital	-0.1%	989	991	981	977	974	973	969	965	961	955	948	944	941	938	931	928	706	707	698	692	685
Shares Outstanding	-0.4%	81.00	81.00	82.00	83.00	84.00	84.00	84.00	86.00	86.00	86.00	86.00	86.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,711	-	-	-	1,167	-	-	-	1,621	-	-	-	1,183	-	-	-	1,617	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	270.5%	111,574	30,117	120,826	101,905	89,835	31,791	107,769	93,524	80,310	44,338	98,837	97,080	85,464	37,621	87,622	79,503	47,852	68,583	52,243	59,045	28,279
Share Based Compensation	-31.3%	4,117	5,992	3,740	3,676	3,492	3,455	3,882	3,867	4,196	6,557	3,716	3,383	3,022	2,870	2,956	2,722	2,552	3,176	3,399	3,475	2,981
Cashflow From Investing	54.0%	-37,752	-82,092	1,562	-85,719	-33,751	-107,675	-34,355	-126,386	-21,370	-63,660	-69,841	-144,232	-96,447	-108,676	-406,572	-140,089	25,783	-77,092	-42,294	-62,992	-11,977
Cashflow From Financing	-10.7%	-30,785	-27,799	-19,244	-25,971	-17,406	-5,502	-20,000	-25,646	-4,680	-1,292	184	-285	-437	3,793	-2,301	466,215	-4,903	3,709	205	-79.00	-1,835
Buy Backs	-20.2%	25,206	31,568	19,253	25,992	14,800	5,380	20,824	25,371	5,000	-	-	-	-	-	-	-	-	-	-	-	-

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NMIH Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Net premiums earned	$ 136,657	$ 121,754
Net investment income	19,436	14,894
Net realized investment losses	0	(33)
Other revenues	160	164
Total revenues	156,253	136,779
Expenses
Insurance claims and claim expenses	3,694	6,701
Underwriting and operating expenses	29,815	25,786
Service expenses	137	80
Interest expense	8,040	8,039
Total expenses	41,686	40,606
Income before income taxes	114,567	96,173
Income tax expense	25,517	21,715
Net income	$ 89,050	$ 74,458
Earnings per share
Basic (in dollars per share)	$ 1.10	$ 0.89
Diluted (in dollars per share)	$ 1.08	$ 0.88
Weighted average common shares outstanding
Basic (in shares)	80,726	83,600
Diluted (in shares)	82,099	84,840
Comprehensive income:
Net income	$ 89,050	$ 74,458
Other comprehensive (loss) income, net of tax:
Unrealized (losses) gains in accumulated other comprehensive income, net of tax (benefit) expense of $(2,729) and $8,633 for the quarters ended March 31, 2024 and 2023, respectively	(9,905)	32,476
Reclassification adjustment for realized losses included in net income, net of tax benefit of $7 for the quarter ended March 31, 2023	0	26
Other comprehensive (loss) income, net of tax	(9,905)	32,502
Comprehensive income	$ 79,145	$ 106,960

NMIH Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Assets

Fixed maturities, available-for-sale, at fair value (amortized cost of $2,577,990 and $2,542,862 as of March 31, 2024 and December 31, 2023, respectively)

$ 2,393,525

$ 2,371,021

Cash and cash equivalents (including restricted cash of $1,137 and $1,338 as of March 31, 2024 and December 31, 2023, respectively)

139,726

96,689

Premiums receivable

75,362

76,456

Accrued investment income

19,860

19,785

Deferred policy acquisition costs, net

62,801

62,905

Software and equipment, net

30,308

30,252

Intangible assets and goodwill

3,634

Reinsurance recoverable

27,880

27,514

Prepaid federal income taxes

235,286

Other assets

17,730

16,965

Total assets

3,006,112

2,940,507

Liabilities

Debt

398,001

397,595

Unearned premiums

85,784

92,295

Accounts payable and accrued expenses

81,831

86,189

Reserve for insurance claims and claim expenses

127,182

123,974

Deferred tax liability, net

322,651

301,573

Other liabilities

^[1]

12,282

12,877

Total liabilities

1,027,731

1,014,503

Commitments and contingencies

Shareholders' equity

Common stock - class A shares, $0.01 par value; 87,838,602 shares issued and 80,545,535 shares outstanding as of March 31, 2024 and 87,334,138 shares issued and 80,881,280 shares outstanding as of December 31, 2023 (250,000,000 shares authorized)

878

873

Additional paid-in capital

989,349

990,816

Treasury Stock, at cost: 7,293,067 and 6,452,858 common shares as of March 31, 2024 and December 31, 2023, respectively

(174,227)

(148,921)

Accumulated other comprehensive loss, net of tax

(149,822)

(139,917)

Retained earnings

1,312,203

1,223,153

Total shareholders' equity

1,978,381

1,926,004

Total liabilities and shareholders' equity

$ 3,006,112

$ 2,940,507

[1]	“Reinsurance funds withheld” has been reclassified as “Other liabilities” in the prior period.

About NMI Holdings Inc

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. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.

CEO	Mr. Adam S. Pollitzer
WEBSITE	nationalmi.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	237

NMI Holdings Inc Frequently Asked Questions

What is the ticker symbol for NMI Holdings Inc? What does NMIH stand for in stocks?

NMIH is the stock ticker symbol of NMI Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NMI Holdings Inc (NMIH)?

As of Fri May 17 2024, market cap of NMI Holdings Inc is 2.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NMIH stock?

You can check NMIH's fair value in chart for subscribers.

What is the fair value of NMIH stock?

You can check NMIH's fair value in chart for subscribers. The fair value of NMI Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NMI Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NMIH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NMI Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether NMIH is over valued or under valued. Whether NMI Holdings Inc is cheap or expensive depends on the assumptions which impact NMI Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NMIH.

What is NMI Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NMIH's PE ratio (Price to Earnings) is 8.17 and Price to Sales (PS) ratio is 4.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NMIH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NMI Holdings Inc's stock?

In the past 10 years, NMI Holdings Inc has provided 0.131 (multiply by 100 for percentage) rate of return.