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NMI Holdings, Inc.

Data quality: 100%
NMIH
NASDAQ Financial Services Insurance - Specialty
$37.20
▲ $0.02 (0.05%)
Mkt Cap: 2.86B
Day Range
$36.89 $37.64
52-Week Range
$31.90 $43.20
Volume
333,472
50D / 200D Avg
$38.79 / $38.78
Prev Close
$37.18

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (854 peers)

Metric Stock Sector Median
P/E 7.4 10.3
P/B 1.1 1.1
ROE % 16.2 11.7
Net Margin % 55.1 16.8
Rev Growth 5Y % 9.8 11.6
D/E 0.2 0.5

Analyst Price Target

Hold
$43.50 +16.9%
Low: $43.00 High: $44.00
Forward P/E
7.2
Forward EPS
$5.15
EPS Growth (est.)
+0.0%
Est. Revenue
630 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2028 $6.26
$6.21 – $6.30
 800 M 1
FY2027 $5.47
$5.37 – $5.53
 660 M 4
FY2026 $5.15
$5.07 – $5.26
 630 M 5

Key Takeaways

Revenue grew 9.79% annually over 5 years — modest growth
ROE of 16.17% — decent returns on equity
Net margin of 55.12% shows strong profitability
Debt/Equity of 0.16 — conservative balance sheet
Generating 412.52M in free cash flow
P/E of 7.35 — trading at a low valuation

Growth

Revenue Growth (5Y)
9.79%
Revenue (1Y)8.39%
Earnings (1Y)8.00%
FCF Growth (3Y)11.25%

Quality

Return on Equity
16.17%
ROIC12.46%
Net Margin55.12%
Op. Margin70.84%

Safety

Debt / Equity
0.16
Current Ratio0.00
Interest Coverage17.55

Valuation

P/E Ratio
7.35
P/B Ratio1.10
EV/EBITDA6.47
Dividend Yield0.00%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 8.39% Revenue Growth (3Y) 10.39%
Earnings Growth (1Y) 8.00% Earnings Growth (3Y) 9.88%
Revenue Growth (5Y) 9.79% Earnings Growth (5Y) 13.89%
Profitability
Revenue (TTM) 705.58M Net Income (TTM) 388.93M
ROE 16.17% ROA 10.13%
Gross Margin 91.83% Operating Margin 70.84%
Net Margin 55.12% Free Cash Flow (TTM) 412.52M
ROIC 12.46% FCF Growth (3Y) 11.25%
Safety
Debt / Equity 0.16 Current Ratio 0.00
Interest Coverage 17.55 Dividend Yield 0.00%
Valuation
P/E Ratio 7.35 P/B Ratio 1.10
P/S Ratio 4.05 PEG Ratio 0.73
EV/EBITDA 6.47 Dividend Yield 0.00%
Market Cap 2.86B Enterprise Value 3.23B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 705.58M 650.97M 579.00M 524.46M 485.64M
Net Income 388.93M 360.11M 322.11M 292.90M 231.13M
EPS (Diluted) 4.92 4.43 3.84 3.39 2.65
Gross Profit 647.93M 618.70M 555.61M 526.96M 470.82M
Operating Income 499.80M 463.41M 412.70M 377.31M 296.73M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 3.84B 3.35B 2.94B 2.52B 2.45B
Total Liabilities 1.25T 1.13B 1.01B 902.30M 884.80M
Shareholders' Equity 2.59B 2.22B 1.93B 1.61B 1.57B
Total Debt 417.03M 415.15M 397.60M 396.05M 394.62M
Cash & Equivalents 43.94M 54.22M 95.35M 42.25M 73.48M
Current Assets 130.20M 54.22M 95.35M 42.25M 73.48M
Current Liabilities 400.26B 15.60M 2.50M 2.50M 2.50M

Strategy Scores

This stock passed the criteria for 3 strategies

Score = fit strength (0–100)
Rank = position among all matches
Custom Cash Flow Compounder
#780 of 1052
33
Custom Capital Light Compounder
#87 of 218
46
Custom Contrarian Investing (David Dreman)
#235 of 670
40

Recent Activity

Entered Cash Flow Compounder
Mar 24, 2026
Entered Capital Light Compounder
Mar 24, 2026
Entered Contrarian Investing (David Dreman)
Mar 24, 2026