NMI Holdings Inc

Company Profile

NMI Holdings Inc had its IPO on 2013-11-08 under the ticker symbol NMIH.

The company operates in the Financial Services sector and Insurance-Specialty industry. NMI Holdings Inc has a staff strength of 237 employees.

Stock update

Shares of NMI Holdings Inc opened at $28.26 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $28.24 - $28.77, and closed at $28.7.

This is a +1.7% increase from the previous day's closing price.

A total volume of 292,090 shares were traded at the close of the day’s session.

In the last one week, shares of NMI Holdings Inc have slipped by -0.9%.

NMI Holdings Inc's Key Ratios

NMI Holdings Inc has a market cap of $2.32 billion, indicating a price to book ratio of 1.0972 and a price to sales ratio of 3.2455.

In the last 12-months NMI Holdings Inc’s revenue was $543.15 million with a gross profit of $411.45 million and an EBITDA of $437.22 million. The EBITDA ratio measures NMI Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, NMI Holdings Inc’s operating margin was 78.39% while its return on assets stood at 10.47% with a return of equity of 18.6%.

In Q2, NMI Holdings Inc’s quarterly earnings growth was a positive 10.5% while revenue growth was a positive 7.9%.

NMI Holdings Inc’s PE and PEG Ratio

Forward PE

5.5648

Trailing PE

7.8607

PEG

1.66

Its diluted EPS in the last 12-months stands at $3.59 per share while it has a forward price to earnings multiple of 5.5648 and a PEG multiple of 1.66. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into NMI Holdings Inc’s profitability.

NMI Holdings Inc stock is trading at a EV to sales ratio of 3.7677 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.2455.

NMI Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.69 billion

Total Liabilities

$154.41 million

Operating Cash Flow

$-85719000.00

Capital Expenditure

$3.03 million

Dividend Payout Ratio

0%

NMI Holdings Inc ended 2024 with $2.69 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.69 billion while shareholder equity stood at $1.75 billion.

NMI Holdings Inc ended 2024 with $242.14 million in deferred long-term liabilities, $154.41 million in other current liabilities, 870000.00 in common stock, $1.06 billion in retained earnings and $0 in goodwill. Its cash balance stood at $71.10 million and cash and short-term investments were $440.44 million. The company’s total short-term debt was $0 while long-term debt stood at $398.50 million.

NMI Holdings Inc’s total current assets stands at $73.32 million while long-term investments were $2.25 billion and short-term investments were $369.34 million. Its net receivables were $96.39 million compared to accounts payable of $72.51 million and inventory worth $0.

In 2024, NMI Holdings Inc's operating cash flow was $-85719000.00 while its capital expenditure stood at $3.03 million.

Comparatively, NMI Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$28.7

52-Week High

$30.14

52-Week Low

$19.02

Analyst Target Price

$27.3

NMI Holdings Inc stock is currently trading at $28.7 per share. It touched a 52-week high of $30.14 and a 52-week low of $30.14. Analysts tracking the stock have a 12-month average target price of $27.3.

Its 50-day moving average was $27.8 and 200-day moving average was $24.06 The short ratio stood at 2.07 indicating a short percent outstanding of 0%.

Around 139.9% of the company’s stock are held by insiders while 9928.7% are held by institutions.