Zacks Research Has Bearish Forecast for NMI FY2026 Earnings

NMI Holdings, Inc. (NASDAQ:NMIH) – Stock analysts at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for shares of NMI in a research report issued on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $5.00 per share for the year, down from their previous forecast of $5.09. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2026 earnings at $1.27 EPS.

A number of other analysts have also issued reports on NMIH. Royal Bank of Canada lowered their price target on NMI from $48.00 to $47.00 and set an “outperform” rating on the stock in a research note on Thursday, November 7th. Keefe, Bruyette & Woods upgraded NMI from a “market perform” rating to an “outperform” rating and set a $43.00 target price on the stock in a report on Monday. UBS Group dropped their price target on NMI from $42.00 to $41.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Barclays downgraded NMI from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $48.00 to $41.00 in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. dropped their target price on NMI from $46.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, December 9th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.29.

NMI Price Performance

NMI stock opened at $35.80 on Thursday. The stock has a market capitalization of $2.81 billion, a P/E ratio of 8.08, a P/E/G ratio of 1.41 and a beta of 1.12. The company’s fifty day moving average price is $36.80 and its 200 day moving average price is $38.56. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60. NMI has a 1 year low of $29.05 and a 1 year high of $42.49.

NMI (NASDAQ:NMIH) last posted its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.07). NMI had a net margin of 55.32% and a return on equity of 17.33%.

Institutional Trading of NMI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in NMI by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 7,158,877 shares of the financial services provider’s stock worth $263,160,000 after purchasing an additional 39,503 shares during the period. State Street Corp boosted its stake in shares of NMI by 1.0% during the third quarter. State Street Corp now owns 3,565,348 shares of the financial services provider’s stock worth $146,857,000 after buying an additional 35,351 shares during the period. American Century Companies Inc. raised its stake in shares of NMI by 8.0% during the fourth quarter. American Century Companies Inc. now owns 1,957,179 shares of the financial services provider’s stock worth $71,946,000 after purchasing an additional 145,591 shares during the last quarter. FMR LLC raised its stake in shares of NMI by 7.6% during the third quarter. FMR LLC now owns 1,517,092 shares of the financial services provider’s stock worth $62,489,000 after purchasing an additional 107,771 shares during the last quarter. Finally, Donald Smith & CO. Inc. lifted its holdings in shares of NMI by 34.8% during the fourth quarter. Donald Smith & CO. Inc. now owns 1,307,868 shares of the financial services provider’s stock worth $48,077,000 after purchasing an additional 337,996 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

Insider Transactions at NMI

In other news, EVP Norman Peter Fitzgerald sold 20,000 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $35.88, for a total value of $717,600.00. Following the transaction, the executive vice president now owns 37,470 shares in the company, valued at approximately $1,344,423.60. This represents a 34.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $35.44, for a total value of $38,381.52. Following the sale, the executive vice president now owns 49,218 shares of the company’s stock, valued at approximately $1,744,285.92. The trade was a 2.15 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.70% of the company’s stock.

NMI Company Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; 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.