Nmi Holdings Stock Today
| NMIH Stock | USD 29.59 0.09 0.31% |
Performance0 of 100
| Odds Of DistressLess than 9
|
NMI Holdings is trading at 29.59 as of the 19th of April 2024. This is a 0.31 percent increase since the beginning of the trading day. The stock's open price was 29.5. NMI Holdings has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for NMI Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 8th of November 2013 | Category Financial Services | Classification Financials |
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California. Nmi Holdings operates under InsuranceSpecialty classification in the United States and is traded on NASDAQ Exchange. The company has 80.58 M outstanding shares of which 1.37 M shares are now shorted by private and institutional investors with about 2.48 trading days to cover. More on NMI Holdings
Moving together with NMI Stock
| 0.77 | ESNT | Essent Group Financial Report 3rd of May 2024 | PairCorr |
| 0.64 | FAF | First American Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
NMI Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NMI Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NMI Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice Chairman | John Sherwood | ||||
| Business Concentration | Thrifts & Mortgage Finance, Insurance - Specialty, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Financial 100, NASDAQ Composite Total, Financials, Thrifts & Mortgage Finance, Insurance—Specialty, Financial Services (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering NMI Holdings report their recommendations after researching NMI Holdings' financial statements, talking to executives and customers, or listening in on NMI Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering NMI Holdings. The NMI consensus assessment is calculated by taking the average forecast from all of the analysts covering NMI Holdings. | |||||
NMI Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NMI Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. NMI Holdings' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of NMI Holdings' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NMI Holdings' financial leverage. It provides some insight into what part of NMI Holdings' total assets is financed by creditors.
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NMI Holdings (NMIH) is traded on NASDAQ Exchange in USA. It is located in 2100 Powell Street, EmeryVille, CA, United States, 94608 and employs 238 people. NMI Holdings is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NMI Holdings's market, we take the total number of its shares issued and multiply it by NMI Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NMI Holdings conducts business under Thrifts & Mortgage Finance sector and is part of Financials industry. The entity has 80.58 M outstanding shares of which 1.37 M shares are now shorted by private and institutional investors with about 2.48 trading days to cover.
NMI Holdings currently holds about 167.13 M in cash with 342.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.97.
Check NMI Holdings Probability Of Bankruptcy
Ownership AllocationNMI Holdings maintains a total of 80.58 Million outstanding shares. The majority of NMI Holdings outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NMI Holdings to benefit from reduced commissions. Therefore, institutional holders are subject to a different set of regulations than regular investors in NMI Holdings. Please pay attention to any change in the institutional holdings of NMI Holdings as this could imply that something significant has changed or is about to change at the company. Also note that almost eight hundred five thousand eight hundred twelve invesors are currently shorting NMI Holdings expressing very little confidence in its future performance.
Check NMI Ownership Details
NMI Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of NMI Holdings jumping above the current price in 90 days from now is about 80.08%. The NMI Holdings probability density function shows the probability of NMI Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0279. This indicates NMI Holdings market returns are responsive to returns on the market. As the market goes up or down, NMI Holdings is expected to follow. Additionally, nMI Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of NMI Holdings to move above the current price in 90 days from now is about 80.08 (This NMI Holdings probability density function shows the probability of NMI Stock to fall within a particular range of prices over 90 days) .
NMI Stock Institutional Holders
Institutional Holdings refers to the ownership stake in NMI Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NMI Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NMI Holdings' value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | |
| Wellington Management Company Llp | 2023-12-31 | 1.6 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 1.3 M | |
| American Century Companies Inc | 2023-12-31 | 1.2 M | |
| Ameriprise Financial Inc | 2023-12-31 | 1 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 980.8 K | |
| Capital World Investors | 2023-12-31 | 950 K | |
| Fmr Inc | 2023-12-31 | 927 K | |
| Northern Trust Corp | 2023-12-31 | 897 K | |
| Blackrock Inc | 2023-12-31 | 13.9 M | |
| Vanguard Group Inc | 2023-12-31 | 6.8 M |
NMI Holdings Historical Income Statement
NMI Holdings Income Statement is one of the three primary financial statements used for reporting NMI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NMI Holdings revenue and expense. NMI Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, NMI Holdings' Cost Of Revenue is decreasing as compared to previous years. The NMI Holdings' current Total Operating Expenses is estimated to increase to about 117 M, while Depreciation And Amortization is projected to decrease to under 8.7 M. View More FundamentalsNMI Stock Against Markets
Picking the right benchmark for NMI Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NMI Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NMI Holdings is critical whether you are bullish or bearish towards NMI Holdings at a given time. Please also check how NMI Holdings' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in NMI Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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NMI Holdings Corporate Directors
NMI Holdings corporate directors refer to members of a NMI Holdings board of directors. The board of directors generally takes responsibility for the NMI Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NMI Holdings' board members must vote for the resolution. The NMI Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Regina Muehlhauser | Independent Director | Profile | |
| James Jones | Independent Director | Profile | |
| James Ozanne | Independent Director | Profile | |
| John Osmon | Independent Director | Profile |
How to buy NMI Stock?
Before investing in NMI Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NMI Holdings. To buy NMI Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NMI Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NMI Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NMI Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NMI Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NMI Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NMI Stock please use our How to Invest in NMI Holdings guide.
Already Invested in NMI Holdings?
The danger of trading NMI Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NMI Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NMI Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NMI Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NMI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NMI Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nmi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nmi Holdings Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for NMI Stock analysis
When running NMI Holdings' price analysis, check to measure NMI Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NMI Holdings is operating at the current time. Most of NMI Holdings' value examination focuses on studying past and present price action to predict the probability of NMI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMI Holdings' price. Additionally, you may evaluate how the addition of NMI Holdings to your portfolios can decrease your overall portfolio volatility.
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Is NMI Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NMI Holdings. If investors know NMI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NMI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.176 | Earnings Share 3.84 | Revenue Per Share 7.026 | Quarterly Revenue Growth 0.137 | Return On Assets 0.1019 |
The market value of NMI Holdings is measured differently than its book value, which is the value of NMI that is recorded on the company's balance sheet. Investors also form their own opinion of NMI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NMI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NMI Holdings' market value can be influenced by many factors that don't directly affect NMI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NMI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NMI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NMI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.