NMIH Stock Summary and Trading Ideas (Nmi Holdings | NASDAQ:NMIH)

NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, 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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.

Nmi Holdings trades on the NASDAQ stock market under the symbol NMIH.

As of March 5, 2025, NMIH stock price climbed to $35.81 with 319,885 million shares trading.

NMIH has a beta of 0.65, meaning it tends to be less sensitive to market movements. NMIH has a correlation of 0.12 to the broad based SPY ETF.

NMIH has a market cap of $2.81 billion. This is considered a Mid Cap stock.

Last quarter Nmi Holdings reported $167 million in Revenue and $1.07 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.05.

In the last 3 years, NMIH traded as high as $42.49 and as low as $15.33.

The top ETF exchange traded funds that NMIH belongs to (by Net Assets): IJR, VTI, IWM, AVUV, VXF.

NMIH has outperformed the market in the last year with a price return of +21.2% while the SPY ETF gained +15.2%. However, in the short term, NMIH had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.6% vs -3.7% return in SPY. But in the last 2 weeks, NMIH shares have fared better than the market returning +1.0% compared to SPY -4.6%.

NMIH support price is $35.13 and resistance is $36.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NMIH shares will trade within this expected range on the day.