NMIH Stock Price, NMI Holdings Inc Quote, Chart

Market Summary

USD30.78-0.01

Market Closed

-0.03%

NMIH Alerts

1 major insider sales recently.

NMIH Stock Price

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NMIH RSI Chart

NMIH Valuation

Market Cap

2.5B

Price/Earnings (Trailing)

7.73

Price/Sales (Trailing)

4.3

EV/EBITDA

5.24

Price/Free Cashflow

7.47

NMIH Price/Sales (Trailing)

NMIH Profitability

EBT Margin

71.28%

Return on Equity

16.72%

Return on Assets

10.95%

Free Cashflow Yield

13.38%

NMIH Fundamentals

NMIH Revenue

Revenue (TTM)

579.0M

Rev. Growth (Yr)

13.73%

Rev. Growth (Qtr)

2.17%

NMIH Earnings

Earnings (TTM)

322.1M

Earnings Growth (Yr)

14.36%

Earnings Growth (Qtr)

-0.65%

Breaking Down NMIH Revenue

Last 7 days

3.9%

Last 30 days

-0.1%

Last 90 days

0.0%

Trailing 12 Months

35.3%

How does NMIH drawdown profile look like?

NMIH Financial Health

Debt/Equity

0.21

Debt/Cashflow

0.87

NMIH Investor Care

Buy Backs (1Y)

3.32%

Diluted EPS (TTM)

3.84

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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
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	realmuto nicholas daniel	acquired	-	-	3,332	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	sold (taxes)	-	-	-1,856	vp, controller
Mar 15, 2024	yousaf mohammad nawaz	sold (taxes)	-	-	-1,450	evp, operations & info. tech.
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
Mar 11, 2024	jones james g	sold	-1,470,900	30.4571	-48,294	-

Which funds bought or sold NMIH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Gradient Investments LLC	unchanged	-	30.00	356	-%
Apr 23, 2024	MUHLENKAMP & CO INC	added	1.05	1,377,750	15,016,700	4.36%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	2.5	958,779	9,166,550	0.15%
Apr 23, 2024	FIFTH THIRD BANCORP	new	-	194	194	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-18.75	-106,000	818,000	0.01%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	112,922	1,392,130	0.12%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.99	95,060	1,300,070	0.03%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	229	2,458	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-3.27	69,916	1,239,230	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	3.83	470,266	4,049,250	-%

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

NMIH Alerts

1 major insider sales recently.

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
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 22, 2024	4	Insider Trading
Mar 21, 2024	144	Notice of Insider Sale Intent
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 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	1.0T	1.3B	-3.06%	3133.49%	-4.8K	757.88	-10.27%	-34.69%
AJG	51.6B	10.1B	-3.50%	14.70%	53.16	5.12	17.79%	-12.97%
AIG	51.0B	46.8B	-1.87%	44.64%	14.01	1.09	-14.05%	-64.38%
TRV	49.1B	42.9B	-4.52%	19.64%	15.63	1.14	13.52%	12.15%
AFL	48.3B	18.7B	-0.51%	26.71%	10.37	2.58	-2.30%	5.45%
ACGL	35.1B	13.6B	3.42%	29.33%	7.9	2.57	41.83%	201.02%
AFG	10.8B	7.8B	-1.14%	7.71%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.67%	27.01%	7.73	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-1.85%	50.47%	14.27	0.82	9.21%	132.28%
LNC	4.9B	11.6B	-2.51%	35.58%	-6.48	0.42	-38.09%	-155.38%
AEL	4.5B	2.8B	0.20%	50.67%	21.22	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-4.27%	12.40%	-18.68	1.38	24.25%	-115.79%
AMSF	974.0M	306.9M	2.19%	-3.93%	15.68	3.17	4.11%	11.70%
AMBC	661.7M	269.0M	-3.43%	-7.17%	147.04	2.46	-46.68%	-99.14%
AAME	39.2M	186.8M	-30.94%	-16.16%	-229.08	0.21	-0.56%	-111.21%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.2%	151	148	143	137	133	131	132	127	125	124	121	115	110	108	108	108	105	102	91.00	81.00	76.00
Costs and Expenses	13.1%	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	48.00
EBITDA Margin	-0.9%	0.79*	0.80*	0.80*	0.81*	0.81*	0.79*	0.75*	0.72*	0.70*	0.69*	0.65*	0.57*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.1%	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	3.00
Income Taxes	-6.8%	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	10.00
Earnings Before Taxes	-2.0%	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	45.00
EBT Margin	-0.7%	0.71*	0.72*	0.72*	0.73*	0.72*	0.70*	0.67*	0.64*	0.61*	0.60*	0.56*	0.48*	-	-	-	-	-	-	-	-	-
Net Income	-0.6%	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	36.00
Net Income Margin	0.1%	0.56*	0.56*	0.56*	0.56*	0.56*	0.54*	0.52*	0.49*	0.48*	0.47*	0.43*	0.38*	-	-	-	-	-	-	-	-	-
Free Cashflow	-75.6%	29.00	117	99.00	88.00	29.00	105	90.00	78.00	41.00	96.00	93.00	83.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.5%	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	1,092
Cash Equivalents	-45.2%	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	25.00
Net PPE	-5.4%	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	25.00
Liabilities	4.5%	1,015	971	941	927	902	878	867	889	885	882	846	808	797	774	790	413	434	428	408	396	391
Long Term Debt	-	-	-	-	-	396	-	-	-	395	-	-	-	393	-	-	146	146	146	146	147	147
Shareholder's Equity	7.5%	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	702
Retained Earnings	7.3%	1,223	1,140	1,056	976	901	828	751	676	608	548	487	430	377	329	291	264	205	155	105	66.00	33.00
Additional Paid-In Capital	1.0%	991	981	977	974	973	969	965	961	955	948	944	941	938	931	928	706	707	698	692	685	682
Shares Outstanding	-1.5%	81.00	82.00	83.00	84.00	84.00	84.00	86.00	86.00	86.00	86.00	86.00	85.00	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-75.1%	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	46,512
Share Based Compensation	60.2%	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	3,776
Cashflow From Investing	-5355.6%	-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	-39,722
Cashflow From Financing	-44.5%	-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	317
Buy Backs	64.0%	31,568	19,253	25,992	14,800	5,380	20,824	25,371	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-

NMIH Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Net premiums earned	$ 510,768	$ 475,266	$ 444,294
Net investment income	67,512	46,406	38,072
Net realized investment (losses) gains	(33)	481	729
Other revenues	756	1,192	1,977
Total revenues	579,003	523,345	485,072
Expenses
Insurance claims and claim expenses (benefits)	22,618	(3,594)	12,305
Underwriting and operating expenses	110,699	117,490	142,303
Service expenses	771	1,094	2,509
Interest expense	32,212	32,163	31,796
Gain from change in fair value of warrant liability	0	(1,113)	(566)
Total expenses	166,300	146,040	188,347
Income before income taxes	412,703	377,305	296,725
Income tax expense	90,593	84,403	65,595
Net income	$ 322,110	$ 292,902	$ 231,130
Earnings per share
Basic (in dollars per share)	$ 3.91	$ 3.45	$ 2.70
Diluted (in dollars per share)	$ 3.84	$ 3.39	$ 2.65
Weighted average common shares outstanding
Basic (in shares)	82,407	84,921	85,620
Diluted (in shares)	83,854	85,999	86,885
Comprehensive income:
Net income	$ 322,110	$ 292,902	$ 231,130
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $17,113, $(54,608) and $(13,768) for each of the years in the three-year period ended December 31, 2023, respectively	64,380	(205,428)	(51,795)
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of $(7), $101 and $153 for each of the years in the three-years ended December 31, 2023, respectively	26	(380)	(576)
Other comprehensive income (loss), net of tax	64,406	(205,808)	(52,371)
Comprehensive income	$ 386,516	$ 87,094	$ 178,759

NMIH Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,542,862 and $2,352,747 as of December 31, 2023 and December 31, 2022, respectively)	$ 2,371,021	$ 2,099,389
Cash and cash equivalents (including restricted cash of $1,338 and $2,176 as of December 31, 2023 and December 31, 2022, respectively)	96,689	44,426
Premiums receivable	76,456	69,680
Accrued investment income	19,785	14,144
Deferred policy acquisition costs, net	62,905	58,564
Software and equipment, net	30,252	31,930
Intangible assets and goodwill	3,634	3,634
Reinsurance recoverable	27,514	21,587
Prepaid federal income taxes	235,286	154,409
Other assets	16,965	18,267
Total assets	2,940,507	2,516,030
Liabilities
Debt	397,595	396,051
Unearned premiums	92,295	123,035
Accounts payable and accrued expenses	86,189	74,576
Reserve for insurance claims and claim expenses	123,974	99,836
Reinsurance funds withheld	1,421	2,674
Deferred tax liability, net	301,573	193,859
Other liabilities	11,456	12,272
Total liabilities	1,014,503	902,303
Commitments and contingencies (see Note 14)
Shareholders' equity
Common stock - class A shares, $0.01 par value; 87,334,138 shares issued and 80,881,280 shares outstanding as of December 31, 2023 and 86,472,742 shares issued and 83,549,879 shares outstanding as of December 31, 2022 (250,000,000 shares authorized)	873	865
Additional paid-in capital	990,816	972,717
Treasury stock, at cost: 6,452,858 and 2,922,863 common shares as of December 31, 2023 and December 31, 2022, respectively	(148,921)	(56,575)
Accumulated other comprehensive loss, net of tax	(139,917)	(204,323)
Retained earnings	1,223,153	901,043
Total shareholders' equity	1,926,004	1,613,727
Total liabilities and shareholders' equity	$ 2,940,507	$ 2,516,030

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 Tue Apr 23 2024, market cap of NMI Holdings Inc is 2.49 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 Tue Apr 23 2024, NMIH's PE ratio (Price to Earnings) is 7.73 and Price to Sales (PS) ratio is 4.3. 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 0.105 (multiply by 100 for percentage) rate of return.