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NMIH

NMIH - NMI Holdings Inc Stock Price, Fair Value and News

32.23USD-0.25 (-0.77%)Market Closed

Market Summary

NMIH
USD32.23-0.25
Market Closed
-0.77%

NMIH Stock Price

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NMIH RSI Chart

NMIH Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

7.68

Price/Sales (Trailing)

4.32

EV/EBITDA

5.15

Price/Free Cashflow

7.3

NMIH Price/Sales (Trailing)

NMIH Profitability

EBT Margin

72.03%

Return on Equity

17.02%

Return on Assets

11.2%

Free Cashflow Yield

13.7%

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

-2.4%

Last 30 days

-3.8%

Last 90 days

7.4%

Trailing 12 Months

27.0%

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

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024598.5M000
2023532.7M543.1M560.7M579.0M
2022497.3M508.8M515.3M523.3M
2021440.8M453.6M469.9M485.1M
2020405.3M422.1M428.3M433.3M
2019296.6M320.3M350.1M378.8M
2018205.2M230.5M253.3M275.0M
2017138.7M151.4M164.8M182.7M
201666.6M85.2M106.0M123.8M
201524.5M31.9M41.2M53.6M
201410.9M13.7M16.9M19.6M
20132.0M3.7M5.4M7.1M
2012000284.0K

Tracking the Latest Insider Buys and Sells of NMI Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 14, 2024
montgomery michael curry
sold
-
-
-2,340
-
May 09, 2024
mccreary lynn s.
acquired
-
-
4,166
-
May 09, 2024
scheid steven
acquired
-
-
4,166
-
May 09, 2024
montgomery michael curry
acquired
-
-
4,166
-
May 09, 2024
muehlhauser regina
acquired
-
-
8,332
-
May 09, 2024
huskins priya cherian
acquired
-
-
4,166
-

1–10 of 50

Which funds bought or sold NMIH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
700
18,300
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
21,000
309,000
-%
May 28, 2024
Boston Partners
unchanged
-
34,630
420,940
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
74,000
892,000
0.01%
May 28, 2024
GOLDENTREE ASSET MANAGEMENT LP
new
-
22,600,500
22,600,500
1.80%
May 16, 2024
Virtus Investment Advisers, Inc.
added
4.59
127,251
1,038,310
0.74%
May 16, 2024
HANCOCK WHITNEY CORP
added
1.59
69,048
714,649
0.03%
May 16, 2024
JANE STREET GROUP, LLC
added
3.22
77,976
703,007
-%
May 16, 2024
COMERICA BANK
reduced
-15.31
-453,439
5,423,890
0.02%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
0.42
-49,769
546,947
0.01%

1–10 of 48

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 FiledName of FilerPercent of ClassNo. of SharesForm 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 21, 2024
8-K
Current Report
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

Peers (Alternatives to NMI Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
1.3B
17.53% 3763.10%
-5.8K
916.93
-10.27% -34.69%
57.0B
10.6B
4.02% 24.31%
52.18
5.36
20.42% -6.04%
49.6B
19.3B
1.15% 26.95%
9.27
2.57
3.03% 17.35%
49.2B
48.4B
-6.71% 33.58%
10.19
1.02
-4.15% -20.63%
47.4B
42.9B
-4.85% 19.30%
15.1
1.11
13.52% 12.15%
37.2B
14.4B
1.26% 41.45%
7.68
2.58
32.92% 143.01%
10.5B
8.0B
-4.46% 9.19%
11.88
1.31
11.14% 7.56%
9.4B
12.6B
-6.04% 9.95%
7.13
0.75
4.24% -13.40%
MID-CAP
14.2B
3.2B
38.18% 196.25%
19.94
4.47
64.05% -34.59%
8.7B
11.4B
-5.19% 30.21%
11.42
0.77
9.81% 217.29%
5.3B
11.9B
4.34% 30.20%
3.91
0.44
-33.27% 234.43%
2.1B
1.3B
8.85% 51.28%
-38.93
1.67
18.74% 30.90%
SMALL-CAP
813.4M
308.9M
-8.62% -18.92%
13.18
2.63
3.79% 10.94%
585.7M
314.0M
-29.23% -8.80%
10.19
1.87
-29.20% -88.19%
37.3M
187.5M
2.23% -21.96%
-51.63
0.2
2.74% 73.83%

NMI Holdings Inc News

Latest updates
Defense World39 hours ago
Defense World11 Jun 202408:17 am
Yahoo New Zealand News11 Jun 202412:46 am
Yahoo Canada Finance07 Jun 202401:40 pm
Yahoo Finance31 May 202407:00 am

NMI Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.2%15615114814313713313113212712512412111511010810810810510291.0081.00
Costs and Expenses-9.8%42.0046.0041.0039.0041.0038.0032.0035.0041.0047.0047.0047.0048.0048.0058.0073.0035.0042.0038.0040.0042.00
EBITDA Margin0.7%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%8.008.008.008.008.008.008.008.008.008.008.008.008.008.008.006.003.003.003.003.003.00
Income Taxes17.2%26.0022.0023.0024.0022.0022.0022.0022.0019.0018.0017.0016.0015.0013.0011.008.0014.0013.0014.0012.006.00
Earnings Before Taxes8.9%11510510710496.0095.0099.0097.0087.0078.0077.0074.0067.0062.0049.0035.0072.0063.0064.0051.0039.00
EBT Margin1.1%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 Income6.8%89.0083.0084.0080.0074.0073.0077.0075.0068.0061.0060.0058.0053.0048.0038.0027.0058.0050.0050.0039.0033.00
Net Income Margin1.1%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 Cashflow281.9%10929.0011799.0088.0029.0010590.0078.0041.0096.0093.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.2%3,0062,9412,7622,6902,6342,5162,4042,3922,4242,4512,3982,3062,1882,1672,0822,0471,3881,3651,3011,2201,148
    Cash Equivalents44.5%14097.0017673.0083.0044.0012672.0013177.0097.0068.0011612719451511041.0046.0036.0040.00
  Net PPE0.2%30.0030.0032.0032.0032.0032.0032.0032.0032.0032.0032.0031.0031.0030.0028.0026.0026.0026.0026.0026.0025.00
Liabilities1.3%1,0281,015971941927902878867889885882846808797774790413434428408396
  Long Term Debt------396---395---393--146146146146147
Shareholder's Equity2.7%1,9781,9261,7911,7491,7071,6141,5261,5251,5351,5661,5161,4601,3801,3701,3081,257975930873812752
  Retained Earnings7.3%1,3121,2231,1401,05697690182875167660854848743037732929126420515510566.00
  Additional Paid-In Capital-0.1%989991981977974973969965961955948944941938931928706707698692685
Shares Outstanding-0.4%81.0081.0082.0083.0084.0084.0084.0086.0086.0086.0086.0086.00---------
Float----1,711---1,167---1,621---1,183---1,617-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations270.5%111,57430,117120,826101,90589,83531,791107,76993,52480,31044,33898,83797,08085,46437,62187,62279,50347,85268,58352,24359,04528,279
  Share Based Compensation-31.3%4,1175,9923,7403,6763,4923,4553,8823,8674,1966,5793,7163,3833,0222,8852,9562,7222,5523,1453,3993,4752,981
Cashflow From Investing54.0%-37,752-82,0921,562-85,719-33,751-107,675-34,355-126,386-21,370-63,660-69,841-144,232-96,447-108,676-406,572-140,08925,783-77,092-42,294-62,992-11,977
Cashflow From Financing-10.7%-30,785-27,799-19,244-25,971-17,406-5,502-20,000-25,646-4,680-1,292184-285-4373,793-2,301466,215-4,9033,709205-79.00-1,835
  Buy Backs-20.2%25,20631,56819,25325,99214,8005,38020,82425,3715,000------------
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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 income19,43614,894
Net realized investment losses0(33)
Other revenues160164
Total revenues156,253136,779
Expenses  
Insurance claims and claim expenses3,6946,701
Underwriting and operating expenses29,81525,786
Service expenses13780
Interest expense8,0408,039
Total expenses41,68640,606
Income before income taxes114,56796,173
Income tax expense25,51721,715
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)80,72683,600
Diluted (in shares)82,09984,840
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 $7 for the quarter ended March 31, 2023026
Other comprehensive (loss) income, net of tax(9,905)32,502
Comprehensive income$ 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)139,72696,689
Premiums receivable75,36276,456
Accrued investment income19,86019,785
Deferred policy acquisition costs, net62,80162,905
Software and equipment, net30,30830,252
Intangible assets and goodwill3,6343,634
Reinsurance recoverable27,88027,514
Prepaid federal income taxes235,286235,286
Other assets17,73016,965
Total assets3,006,1122,940,507
Liabilities  
Debt398,001397,595
Unearned premiums85,78492,295
Accounts payable and accrued expenses81,83186,189
Reserve for insurance claims and claim expenses127,182123,974
Deferred tax liability, net322,651301,573
Other liabilities[1]12,28212,877
Total liabilities1,027,7311,014,503
Commitments and contingencies
Shareholders' equity  
Common stock - class A shares, $0.01 par value; 87,838,602 shares issued and 80,545,535 shares outstanding as of March 31, 2024 and 87,334,138 shares issued and 80,881,280 shares outstanding as of December 31, 2023 (250,000,000 shares authorized)878873
Additional paid-in capital989,349990,816
Treasury Stock, at cost: 7,293,067 and 6,452,858 common shares as of March 31, 2024 and December 31, 2023, respectively(174,227)(148,921)
Accumulated other comprehensive loss, net of tax(149,822)(139,917)
Retained earnings1,312,2031,223,153
Total shareholders' equity1,978,3811,926,004
Total liabilities and shareholders' equity$ 3,006,112$ 2,940,507
[1]“Reinsurance funds withheld has been reclassified as “Other liabilities in the prior period.
NMIH
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
 WEBSITEnationalmi.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES237

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 Thu Jun 13 2024, market cap of NMI Holdings Inc is 2.59 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 Thu Jun 13 2024, NMIH's PE ratio (Price to Earnings) is 7.68 and Price to Sales (PS) ratio is 4.32. 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 0.109 (multiply by 100 for percentage) rate of return.