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NMIH logo NMIH
Upturn stock ratingUpturn stock rating
NMIH logo

NMI Holdings Inc (NMIH)

Upturn stock ratingUpturn stock rating
$43.15
Last Close (24-hour delay)
Profit since last BUY13.64%
upturn advisory
Consider higher Upturn Star rating
BUY since 41 days
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Upturn Advisory Summary

07/03/2025: NMIH (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

7 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $43.29

1 Year Target Price $43.29

Analysts Price Target For last 52 week
$43.29 Target price
52w Low $31.9
Current$43.15
52w High $43.2

Analysis of Past Performance

Type Stock
Historic Profit 28.51%
Avg. Invested days 52
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.37B USD
Price to earnings Ratio 9.32
1Y Target Price 43.29
Price to earnings Ratio 9.32
1Y Target Price 43.29
Volume (30-day avg) 7
Beta 0.55
52 Weeks Range 31.90 - 43.20
Updated Date 07/4/2025
52 Weeks Range 31.90 - 43.20
Updated Date 07/4/2025
Dividends yield (FY) -
Basic EPS (TTM) 4.63

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 55.93%
Operating Margin (TTM) 79.93%

Management Effectiveness

Return on Assets (TTM) 9.98%
Return on Equity (TTM) 17.38%

Valuation

Trailing PE 9.32
Forward PE 9.03
Enterprise Value 3712491774
Price to Sales(TTM) 5.05
Enterprise Value 3712491774
Price to Sales(TTM) 5.05
Enterprise Value to Revenue 5.56
Enterprise Value to EBITDA -
Shares Outstanding 78122896
Shares Floating 76826878
Shares Outstanding 78122896
Shares Floating 76826878
Percent Insiders 1.93
Percent Institutions 99.86

ai summary icon Upturn AI SWOT

NMI Holdings Inc

stock logo

Company Overview

overview logo History and Background

NMI Holdings, Inc., founded in 2011 and headquartered in Emeryville, California, is a leading provider of private mortgage insurance (PMI) in the United States. The company aims to facilitate homeownership by protecting lenders against losses on residential mortgage loans. Its focus has been on building a high-quality insured portfolio while managing risk effectively.

business area logo Core Business Areas

  • Private Mortgage Insurance (PMI): NMI Holdings' core business is providing PMI to lenders. This insurance protects lenders against losses in the event a borrower defaults on their mortgage. PMI enables borrowers with lower down payments to qualify for a mortgage.

leadership logo Leadership and Structure

Adam Pollitzer serves as the Chief Executive Officer. The organizational structure includes departments focused on risk management, underwriting, sales, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Primary Mortgage Insurance: NMI Holdings provides primary mortgage insurance on loans purchased by Fannie Mae and Freddie Mac, as well as loans held by banks. NMI has a market share around 18-20% (estimated based on publicly available data from competitors). Competitors include MGIC, Radian, Essent, and Arch Capital Group.

Market Dynamics

industry overview logo Industry Overview

The mortgage insurance industry is closely tied to the housing market. Factors such as interest rates, home prices, and economic growth influence the demand for PMI. The industry is relatively consolidated, with a few major players.

Positioning

NMI Holdings is positioned as a strong player in the PMI market known for its strong risk management and high-quality insured portfolio. It competes with larger, more established companies, leveraging its service and technology.

Total Addressable Market (TAM)

The total addressable market for PMI is estimated to be in the tens of billions of dollars annually, depending on mortgage origination volume. NMI is well-positioned to capture a share of this market through its partnerships and product offerings.

Upturn SWOT Analysis

Strengths

  • Strong risk management
  • High-quality insured portfolio
  • Strong capital position
  • Focus on customer service

Weaknesses

  • Smaller market share compared to larger competitors
  • Reliance on the housing market
  • Less brand recognition compared to larger competitors

Opportunities

  • Growing demand for mortgage insurance
  • Expansion into new markets or product lines
  • Technological advancements to improve efficiency
  • Potential for increased market share

Threats

  • Economic downturn impacting the housing market
  • Increased competition from existing players
  • Changes in government regulations
  • Rising interest rates

Competitors and Market Share

competitor logo Key Competitors

  • MTG
  • RDN
  • ESNT
  • ARCH

Competitive Landscape

NMI Holdings competes with larger, more established players in the PMI market. It differentiates itself through strong risk management, customer service, and technology.

Growth Trajectory and Initiatives

Historical Growth: NMI Holdings has experienced significant growth in recent years, driven by increased demand for mortgage insurance and effective risk management.

Future Projections: Analyst estimates project continued growth for NMI Holdings, driven by a healthy housing market and expansion of its product offerings.

Recent Initiatives: Recent initiatives include expanding partnerships with lenders and investing in technology to improve underwriting efficiency.

Summary

NMI Holdings is a solid player in the PMI market with a strong financial performance and effective risk management. Its growth is driven by a favorable housing market, but it must be wary of increasing competition and economic downturns. The company is well-positioned for continued growth through strategic partnerships and technological advancements. While smaller than its competitors, NMIH distinguishes itself via customer service.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications
  • Market data sources

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About NMI Holdings Inc

Exchange NASDAQ
Headquaters Emeryville, CA, United States
IPO Launch date 2013-11-08
President, CEO & Director Mr. Adam S. Pollitzer
Sector Financial Services
Industry Insurance - Specialty
Full time employees 230
Full time employees 230

NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers primary mortgage insurance services; 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. The company was incorporated in 2011 and is headquartered in Emeryville, California.