What is DOWLING & PARTN’s Estimate for NMI FY2026 Earnings?

NMI Holdings Inc (NASDAQ:NMIH) – Stock analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of NMI in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst G. Dunn forecasts that the financial services provider will post earnings per share of $5.00 for the year. The consensus estimate for NMI’s current full-year earnings is $5.15 per share. DOWLING & PARTN also issued estimates for NMI’s FY2027 earnings at $5.30 EPS and FY2028 earnings at $5.35 EPS.

NMI (NASDAQ:NMIH) last issued its earnings results on Thursday, April 30th. The financial services provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $183.48 million during the quarter, compared to analysts’ expectations of $153.99 million. NMI had a net margin of 53.82% and a return on equity of 15.18%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $1.28 earnings per share.

A number of other brokerages have also recently weighed in on NMIH. UBS Group set a $46.00 target price on shares of NMI in a report on Friday, May 22nd. JPMorgan Chase & Co. reduced their target price on shares of NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Barclays reduced their target price on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Royal Bank Of Canada assumed coverage on shares of NMI in a report on Friday, May 22nd. They set an “outperform” rating and a $46.00 target price for the company. Finally, Keefe, Bruyette & Woods reduced their target price on shares of NMI from $50.00 to $46.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.80.

NMI Trading Down 0.8%

Shares of NASDAQ:NMIH opened at $36.87 on Thursday. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 7.51, a PEG ratio of 1.28 and a beta of 0.59. NMI has a 1-year low of $34.84 and a 1-year high of $43.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.63 and a current ratio of 0.63. The company has a 50 day moving average price of $38.36 and a 200 day moving average price of $38.78.

Insider Activity at NMI

In other NMI news, Chairman Bradley M. Shuster sold 19,430 shares of NMI stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $38.91, for a total transaction of $756,021.30. Following the transaction, the chairman directly owned 415,411 shares in the company, valued at approximately $16,163,642.01. The trade was a 4.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Curry Montgomery sold 1,554 shares of NMI 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 approximately $2,616,085.40. The trade was a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 77,909 shares of company stock worth $2,920,756. Corporate insiders own 2.44% of the company’s stock.

Institutional Investors Weigh In On NMI

Institutional investors have recently modified their holdings of the stock. Public Sector Pension Investment Board boosted its stake in shares of NMI by 5.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 597,447 shares of the financial services provider’s stock valued at $22,906,000 after buying an additional 30,341 shares during the period. Tudor Investment Corp ET AL boosted its stake in shares of NMI by 62.6% during the 3rd quarter. Tudor Investment Corp ET AL now owns 368,840 shares of the financial services provider’s stock valued at $14,141,000 after buying an additional 142,065 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of NMI by 22.9% during the 4th quarter. Teacher Retirement System of Texas now owns 187,189 shares of the financial services provider’s stock valued at $7,635,000 after buying an additional 34,907 shares during the period. Dimensional Fund Advisors LP grew its stake in NMI by 0.7% in the third quarter. Dimensional Fund Advisors LP now owns 4,288,867 shares of the financial services provider’s stock valued at $164,437,000 after purchasing an additional 31,570 shares in the last quarter. Finally, AlphaQuest LLC increased its position in NMI by 188.3% in the 3rd quarter. AlphaQuest LLC now owns 93,577 shares of the financial services provider’s stock worth $3,588,000 after purchasing an additional 61,116 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

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.