NMI Holdings Inc (NASDAQ: NMIH) is -1.03% lower on its value in year-to-date trading and has touched a low of $30.35 and a high of $42.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NMIH stock was last observed hovering at around $36.17 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $36.38, the stock is 7.01% and 3.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 0.58% at the moment leaves the stock -3.53% off its SMA200. NMIH registered 16.86% gain for a year compared to 6-month loss of -6.04%. The firm has a 50-day simple moving average (SMA 50) of $34.9922 and a 200-day simple moving average (SMA200) of $37.7128.
The stock witnessed a -0.57% gain in the last 1 month and extending the period to 3 months gives it a -7.03%, and is 7.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.62% over the week and 3.54% over the month.
NMI Holdings Inc (NMIH) has around 230 employees, a market worth around $2.85B and $667.96M in sales. Current P/E ratio is 7.86 and Fwd P/E is 7.26. Profit margin for the company is 55.93%. Distance from 52-week low is 19.87% and -14.38% from its 52-week high. The company has generated returns on investments over the last 12 months (13.65%).
with sales reaching $173.28M over the same period.The EPS is expected to grow by 6.66% this year, but quarterly earnings will post 7.69% year-over-year. Quarterly sales are estimated to grow 6.88% in year-over-year returns.
466.0 institutions hold shares in NMI Holdings Inc (NMIH), with institutional investors hold 102.06% of the company’s shares. The shares outstanding are 78.30M, and float is at 76.55M with Short Float at 1.86%. Institutions hold 99.94% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.36 million shares valued at $454.67 million. The investor’s holdings represent 16.6717 of the NMIH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.08 million shares valued at $240.95 million to account for 8.835 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.56 million shares representing 5.6445 and valued at over $155.1 million, while STATE STREET CORP holds 4.4061 of the shares totaling 3.53 million with a market value of $120.16 million.
NMI Holdings Inc (NMIH) Insider Activity
Still, SEC filings show that on May 01 ’25, Leatherberry William J (Officer) Proposed Sale 42,121 shares at an average price of $32.70 for $1.38 million. The insider now directly holds shares of NMI Holdings Inc (NMIH).
