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NMI Holdings, Inc. (NMIH)

Financial Services | Insurance - Specialty | EmeryVille, United States | NasdaqGM
39.99 USD +1.16 (2.987%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 39.99 +0.00 (0.004%) ⇧ (April 17, 2026, 5:48 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 10:37 p.m. EDT

NMIH is a solid defensive insurance play trading like a bond proxy, offering reasonable forward growth and low volatility, but it is currently capped by a deteriorating loss ratio environment that prevents explosive upside. Investors should view this as a steady accumulation for value rather than an aggressive swing trade.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.025965
AutoETS0.026709
AutoARIMA0.026709
AutoTheta0.026975

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.33
Ljung-Box p 0.000
Jarque-Bera p 0.483
Excess Kurtosis -0.77
Attribute Value
Sector Financial Services
Debt to Equity Ratio 16.417
Revenue per Share 9.101
Market Cap 3,045,493,248
Trailing P/E 8.13
Forward P/E 7.28
Beta 0.64
Profit Margins 55.05%
Website https://www.nationalmi.com

As of April 18, 2026, 10:37 p.m. EDT: Options data reveals a muted and conflicted sentiment. Call activity is negligible with strikingly low implied volatility (0.54% for near-term), indicating near-absence of bullish momentum. Conversely, sell-side activity presents a mixed picture: while there are notable put volume blocks at the 35 strike, there is also significant unusual call flow (23 lots vs 5 OI) at the 40 strike for the long-dated September expiration, suggesting speculative interest in upside moves despite the current consolidation. Overall, the market is pricing in very low uncertainty (low IV) with mild defensive positioning.


Info Dump

Attribute Value
52 Week Change 0.20961893
Address1 2,100 Powell Street
Address2 12th Floor
All Time High 43.2
All Time Low 4.19
Ask 40.03
Ask Size 2
Audit Risk 1
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 365,180
Average Daily Volume3 Month 463,580
Average Volume 463,580
Average Volume10Days 365,180
Beta 0.643
Bid 39.96
Bid Size 2
Board Risk 4
Book Value 33.978
City EmeryVille
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 39.99
Current Ratio 1.969
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 40.31
Day Low 39.1
Debt To Equity 16.417
Display Name NMI
Earnings Call Timestamp End 1,777,582,800
Earnings Call Timestamp Start 1,777,582,800
Earnings Growth 0.121
Earnings Quarterly Growth 0.093
Earnings Timestamp 1,777,579,200
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda 539,542,016
Ebitda Margins 0.76375
Enterprise To Ebitda 6.182
Enterprise To Revenue 4.722
Enterprise Value 3,335,526,656
Eps Current Year 5.13631
Eps Forward 5.49434
Eps Trailing Twelve Months 4.92
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 38.6354
Fifty Day Average Change 1.3546028
Fifty Day Average Change Percent 0.035061184
Fifty Two Week Change Percent 20.961893
Fifty Two Week High 43.2
Fifty Two Week High Change -3.209999
Fifty Two Week High Change Percent -0.074305534
Fifty Two Week Low 32.71
Fifty Two Week Low Change 7.2800026
Fifty Two Week Low Change Percent 0.222562
Fifty Two Week Range 32.71 - 43.2
Financial Currency USD
First Trade Date Milliseconds 1,383,921,000,000
Float Shares 74,645,792
Forward Eps 5.49434
Forward P E 7.2783995
Free Cashflow 267,058,496
Full Exchange Name NasdaqGM
Full Time Employees 225
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.78021
Gross Profits 551,172,992
Has Pre Post Market Data 1
Held Percent Insiders 0.01753
Held Percent Institutions 0.99669
Implied Shares Outstanding 76,156,368
Industry Insurance - Specialty
Industry Disp Insurance - Specialty
Industry Key insurance-specialty
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary NMI Holdings, Inc., together with its subsidiaries, provides private mortgage guaranty insurance services in the United States. It provides primary mortgage insurance services; and outsourced loan review services to mortgage loan originators. The company 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. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.
Long Name NMI Holdings, Inc.
Market us_market
Market Cap 3,045,493,248
Market State CLOSED
Max Age 86,400
Message Board Id finmb_204777589
Most Recent Quarter 1,767,139,200
Net Income To Common 388,926,016
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,045,493,156
Number Of Analyst Opinions 7
Open 39.1
Operating Cashflow 419,299,008
Operating Margins 0.70978
Overall Risk 4
Payout Ratio 0.0
Phone 855 530 6642
Post Market Change 0.0017967224
Post Market Change Percent 0.004492929
Post Market Price 39.9918
Post Market Time 1,776,462,489
Previous Close 38.83
Price Eps Current Year 7.785745
Price Hint 2
Price To Book 1.176938
Price To Sales Trailing12 Months 4.3110433
Profit Margins 0.55054003
Quick Ratio 0.625
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.85714
Region US
Regular Market Change 1.16
Regular Market Change Percent 2.98738
Regular Market Day High 40.31
Regular Market Day Low 39.1
Regular Market Day Range 39.1 - 40.31
Regular Market Open 39.1
Regular Market Previous Close 38.83
Regular Market Price 39.99
Regular Market Time 1,776,456,000
Regular Market Volume 330,701
Return On Assets 0.09182999
Return On Equity 0.16174
Revenue Growth 0.085
Revenue Per Share 9.101
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 7
Shares Outstanding 76,156,368
Shares Percent Shares Out 0.0247
Shares Short 1,880,846
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 1,919,644
Short Name NMI Holdings Inc
Short Percent Of Float 0.0301
Short Ratio 4.01
Source Interval 15
State CA
Symbol NMIH
Target High Price 50.0
Target Low Price 42.0
Target Mean Price 46.28571
Target Median Price 47.0
Total Cash 130,556,000
Total Cash Per Share 1.717
Total Debt 425,537,984
Total Revenue 706,440,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 4.92
Trailing P E 8.128049
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 38.530426
Two Hundred Day Average Change 1.4595757
Two Hundred Day Average Change Percent 0.037881117
Type Disp Equity
Volume 330,701
Website https://www.nationalmi.com
Zip 94,608