Several other research firms have also recently commented on NMIH. Keefe, Bruyette & Woods restated a buy rating and set a $25.00 target price on shares of NMI in a research report on Friday, February 23rd. Susquehanna Bancshares started coverage on NMI in a research report on Tuesday, February 20th. They set a positive rating and a $26.00 target price for the company. BTIG Research reaffirmed a buy rating and set a $21.00 price target on shares of NMI in a research note on Sunday, February 18th. BidaskClub raised NMI from a buy rating to a strong-buy rating in a research note on Thursday, January 18th. Finally, ValuEngine raised NMI from a hold rating to a buy rating in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $21.86.
NMI (NMIH) opened at $16.45 on Tuesday. NMI has a 52-week low of $10.10 and a 52-week high of $21.92. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.25 and a current ratio of 0.25. The company has a market capitalization of $1,034.88, a PE ratio of 45.69 and a beta of 0.75.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NMIH. Macquarie Group Ltd. bought a new stake in shares of NMI in the 3rd quarter valued at about $113,000. First Mercantile Trust Co. bought a new stake in shares of NMI in the 4th quarter valued at about $136,000. Citadel Advisors LLC bought a new stake in shares of NMI in the 3rd quarter valued at about $141,000. SG Americas Securities LLC bought a new stake in shares of NMI in the 3rd quarter valued at about $156,000. Finally, Algert Global LLC bought a new stake in shares of NMI in the 3rd quarter valued at about $179,000. 84.31% of the stock is owned by institutional investors.
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NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company’s primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs).
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