What is Zacks Research’s Forecast for NMI Q2 Earnings?

NMI Holdings Inc (NASDAQ:NMIH) – Equities research analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of NMI in a report issued on Monday, August 18th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $1.24 per share for the quarter, down from their previous estimate of $1.25. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q3 2026 earnings at $1.23 EPS and FY2026 earnings at $5.01 EPS.

Several other research firms have also recently commented on NMIH. Compass Point reaffirmed a “buy” rating and issued a $37.00 price objective (up from $34.00) on shares of NMI in a research report on Friday, May 23rd. Keefe, Bruyette & Woods lowered NMI from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $42.00 to $43.00 in a report on Monday, July 7th. JPMorgan Chase & Co. increased their price objective on NMI from $41.00 to $44.00 and gave the stock an “overweight” rating in a report on Friday, July 11th. Barclays boosted their target price on NMI from $41.00 to $42.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 8th. Finally, Wall Street Zen downgraded NMI from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, NMI presently has a consensus rating of “Moderate Buy” and an average target price of $42.33.

NMI Stock Up 0.3%

Shares of NMIH stock opened at $39.30 on Thursday. NMI has a 12-month low of $31.90 and a 12-month high of $43.20. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.17. The firm has a fifty day moving average of $39.59 and a 200-day moving average of $37.42. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 8.34, a P/E/G ratio of 1.13 and a beta of 0.57.

NMI (NASDAQ:NMIH) last announced its earnings results on Tuesday, July 29th. The financial services provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.16 by $0.06. NMI had a net margin of 55.57% and a return on equity of 16.51%. The firm had revenue of $149.07 million for the quarter, compared to the consensus estimate of $173.39 million. During the same period last year, the company posted $1.20 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis.

Institutional Investors Weigh In On NMI

Several large investors have recently made changes to their positions in NMIH. Nuveen LLC bought a new position in shares of NMI in the first quarter valued at $44,886,000. Millennium Management LLC grew its position in shares of NMI by 209.9% in the 1st quarter. Millennium Management LLC now owns 1,432,950 shares of the financial services provider’s stock valued at $51,658,000 after acquiring an additional 970,551 shares during the period. Assenagon Asset Management S.A. grew its position in shares of NMI by 70.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 2,034,419 shares of the financial services provider’s stock valued at $73,341,000 after acquiring an additional 844,037 shares during the period. Public Sector Pension Investment Board increased its stake in shares of NMI by 176.2% during the 1st quarter. Public Sector Pension Investment Board now owns 544,723 shares of the financial services provider’s stock worth $19,637,000 after purchasing an additional 347,524 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of NMI in the 2nd quarter valued at about $13,245,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

Insider Transactions at NMI

In related news, Chairman Bradley M. Shuster sold 21,545 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $39.56, for a total transaction of $852,320.20. Following the completion of the transaction, the chairman directly owned 409,792 shares of the company’s stock, valued at approximately $16,211,371.52. This represents a 4.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.00% of the company’s stock.

NMI Company Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It 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.