NMI Holdings Inc $NMIH Shares Acquired by South Dakota Investment Council

South Dakota Investment Council lifted its position in shares of NMI Holdings Inc (NASDAQ:NMIH) by 25.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 243,319 shares of the financial services provider’s stock after purchasing an additional 49,256 shares during the period. South Dakota Investment Council’s holdings in NMI were worth $9,127,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP increased its holdings in NMI by 196.0% in the third quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock valued at $25,000 after buying an additional 437 shares during the last quarter. Maseco LLP purchased a new stake in NMI during the 4th quarter worth about $31,000. IFP Advisors Inc lifted its holdings in NMI by 189.5% during the 4th quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after buying an additional 521 shares during the last quarter. Bessemer Group Inc. lifted its holdings in NMI by 34.0% during the 1st quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after buying an additional 272 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of NMI by 161.5% during the 4th quarter. Farther Finance Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 620 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Keefe, Bruyette & Woods increased their price objective on NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. UBS Group set a $46.00 target price on NMI in a research note on Friday, May 22nd. Weiss Ratings raised NMI from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Barclays dropped their price target on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Finally, JPMorgan Chase & Co. raised their price objective on shares of NMI from $43.00 to $48.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $46.00.

Insider Transactions at NMI

In related news, Director Michael Curry Montgomery sold 1,554 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $37.90, for a total transaction of $58,896.60. Following the transaction, the director owned 69,026 shares in the company, valued at $2,616,085.40. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.44% of the stock is owned by corporate insiders.

Key Headlines Impacting NMI

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Second-quarter net income rose to $105.8 million, or $1.38 per diluted share, from $96.2 million, or $1.21 per share, a year earlier. EPS exceeded the $1.28 analyst consensus, while revenue increased 8.1% year over year to $187.9 million, well above the $156.3 million estimate. NMI Holdings Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Profitability remained strong, with a 53.82% net margin and 15.18% return on equity. The earnings beat and record results support the investment case for NMIH, whose stock trades at a relatively low reported P/E multiple of about 8.9. NMI Holdings Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management highlighted capital returns, with approximately $167 million of remaining share-repurchase capacity. Continued buybacks could support per-share earnings and provide a valuation catalyst. NMIH Capital Return Focus
• Neutral Sentiment: The earnings release described the quarter as a record period, with EPS also improving from $1.28 in the first quarter. However, the outlook and management commentary are likely more important to investors than the historical beat. NMI Holdings Q2 Earnings Snapshot
• Negative Sentiment: Management expects defaults to trend higher, raising concerns about future mortgage-insurance claims, loss ratios and earnings volatility. That forward-looking credit-risk warning appears to have outweighed the quarterly earnings and revenue beats, leaving the shares lower. NMIH Expects Defaults to Trend Higher

NMI Stock Performance

NASDAQ NMIH opened at $43.44 on Friday. The company has a fifty day moving average of $39.48 and a two-hundred day moving average of $38.95. The company has a market capitalization of $3.30 billion, a PE ratio of 8.85, a P/E/G ratio of 1.54 and a beta of 0.54. NMI Holdings Inc has a 1 year low of $34.84 and a 1 year high of $44.74. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.63 and a quick ratio of 0.63.

NMI (NASDAQ:NMIH) last posted its earnings results on Thursday, July 30th. The financial services provider reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. NMI had a return on equity of 15.18% and a net margin of 53.82%.The business had revenue of $187.89 million for the quarter, compared to analysts’ expectations of $156.26 million. During the same quarter in the previous year, the firm earned $1.22 earnings per share. The business’s revenue was up 8.1% compared to the same quarter last year. As a group, analysts expect that NMI Holdings Inc will post 5.11 earnings per share for the current year.

NMI Company Profile

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.