DOWLING & PARTN Has Positive Outlook for NMI FY2026 Earnings

NMI Holdings Inc (NASDAQ:NMIH) – Equities researchers at DOWLING & PARTN raised their FY2026 EPS estimates for NMI in a research note issued on Friday, August 7th. DOWLING & PARTN analyst G. Dunn now forecasts that the financial services provider will post earnings of $5.19 per share for the year, up from their prior estimate of $5.00. The consensus estimate for NMI’s current full-year earnings is $5.19 per share. DOWLING & PARTN also issued estimates for NMI’s FY2027 earnings at $5.40 EPS and FY2028 earnings at $5.75 EPS.

NMI (NASDAQ:NMIH) last issued its earnings results on Thursday, July 30th. The financial services provider reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. NMI had a return on equity of 15.13% and a net margin of 54.10%.The company had revenue of $187.89 million for the quarter, compared to analyst estimates of $156.26 million. During the same period in the prior year, the firm earned $1.22 earnings per share. NMI’s revenue for the quarter was up 8.1% on a year-over-year basis.

NMIH has been the subject of a number of other reports. UBS Group set a $46.00 target price on NMI in a research report on Friday, May 22nd. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $47.00 price target on shares of NMI in a research note on Monday, August 3rd. Truist Financial boosted their price objective on NMI from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their price objective on shares of NMI from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $53.00 target price on shares of NMI in a research report on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $48.33.

NMI Stock Performance

Shares of NMIH stock opened at $44.20 on Tuesday. The firm has a market capitalization of $3.32 billion, a PE ratio of 8.70, a price-to-earnings-growth ratio of 1.22 and a beta of 0.53. The firm has a fifty day simple moving average of $40.57 and a two-hundred day simple moving average of $39.28. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.15. NMI has a 12 month low of $34.84 and a 12 month high of $46.74.

Hedge Funds Weigh In On NMI

Institutional investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. increased its holdings in shares of NMI by 34.0% in 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. Rockefeller Capital Management L.P. raised its position in NMI by 35.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,160 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 301 shares during the period. Evolve Private Wealth LLC lifted its stake in NMI by 1.6% in the first quarter. Evolve Private Wealth LLC now owns 19,525 shares of the financial services provider’s stock worth $732,000 after purchasing an additional 302 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of NMI by 11.6% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the financial services provider’s stock valued at $123,000 after buying an additional 310 shares during the last quarter. Finally, California State Teachers Retirement System lifted its stake in shares of NMI by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 70,112 shares of the financial services provider’s stock valued at $2,958,000 after acquiring an additional 328 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors.

Insider Transactions at NMI

In related news, EVP Robert Owen Smith sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $44.65, for a total transaction of $535,800.00. Following the sale, the executive vice president owned 96,381 shares of the company’s stock, valued at approximately $4,303,411.65. This represents a 11.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael Curry Montgomery sold 1,554 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total transaction of $58,896.60. Following the completion of the transaction, the director directly owned 69,026 shares of the company’s stock, valued at approximately $2,616,085.40. The trade was a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.44% of the stock is owned by insiders.

About NMI

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.