How to buy NMI stock | $24.19

NMI Holdings, Inc is an insurance-property & casualty business based in the US. NMI shares (NMIH) are listed on the NASDAQ and all prices are listed in US Dollars. NMI employs 250 staff and has a trailing 12-month revenue of around 0.00.

NMI stock price (NASDAQ: NMIH)

Use our graph to track the performance of NMIH stocks over time.

NMI shares at a glance

• Key figures

Information last updated 2021-07-29.

Latest market close	$24.19
52-week range	$15.30 - $26.82
50-day moving average	$22.48
200-day moving average	$23.29
Wall St. target price	$31.20
PE ratio	10.8412
Dividend yield	N/A (0%)
Earnings per share (TTM)	$2.02

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Is it a good time to buy NMI stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of NMI Holdings, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NMI price performance over time

Historical closes compared with the close of $24.19 from 2021-05-28

1 week (2021-07-22)	N/A
1 month (2021-07-02)	8.43%
3 months (2021-04-30)	-6.39%
6 months (2021-01-29)	N/A

1 year (2020-07-29)	N/A
2 years (2019-07-29)	N/A
3 years (2018-07-29)	N/A
5 years (2016-07-29)	N/A

Is NMI under- or over-valued?

Valuing NMI stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NMI's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NMI's P/E ratio

NMI's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, NMI shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

NMI's PEG ratio

NMI's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.66. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NMI's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

NMI's EBITDA

NMI's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $256.4 million.

The EBITDA is a measure of a NMI's overall financial performance and is widely used to measure a its profitability.

NMI financials

Revenue TTM	$440.8 million
Operating margin TTM	55.85%
Gross profit TTM	$244.7 million
Return on assets TTM	8.61%
Return on equity TTM	14.11%
Profit margin	37.7%
Book value	$16.13
Market capitalisation	$1.9 billion

TTM: trailing 12 months

Shorting NMI shares

There are currently 2.1 million NMI shares held short by investors – that's known as NMI's "short interest". This figure is 3% up from 2.0 million last month.

There are a few different ways that this level of interest in shorting NMI shares can be evaluated.

NMI's "short interest ratio" (SIR)

NMI's "short interest ratio" (SIR) is the quantity of NMI shares currently shorted divided by the average quantity of NMI shares traded daily (recently around 494419.52380952). NMI's SIR currently stands at 4.2. In other words for every 100,000 NMI shares traded daily on the market, roughly 4200 shares are currently held short.

However NMI's short interest can also be evaluated against the total number of NMI shares, or, against the total number of tradable NMI shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NMI's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 NMI shares in existence, roughly 20 shares are currently held short) or 0.0245% of the tradable shares (for every 100,000 tradable NMI shares, roughly 25 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against NMI.

Find out more about how you can short NMI stock.

NMI share dividends

We're not expecting NMI to pay a dividend over the next 12 months.

NMI share price volatility

Over the last 12 months, NMI's shares have ranged in value from as little as $15.3 up to $26.82. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NMI's is 1.6926. This would suggest that NMI's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

NMI overview

NMI Holdings, Inc. , through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; 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. The company was incorporated in 2011 and is headquartered in Emeryville, California. .

Frequently asked questions

What percentage of NMI is owned by insiders or institutions?
Currently 1.184% of NMI shares are held by insiders and 95.873% by institutions. How many people work for NMI?
Latest data suggests 250 work at NMI. When does the fiscal year end for NMI?
NMI's fiscal year ends in December. Where is NMI based?
NMI's address is: 2100 Powell Street, EmeryVille, CA, United States, 94608 What is NMI's ISIN number?
NMI's international securities identification number is: US6292093050 What is NMI's CUSIP number?
NMI's Committee on Uniform Securities Identification Procedures number is: 629209305