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NMI Holdings, Inc. (NMIH)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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23.17-0.33 (-1.40%)
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Momentum

Momentum

Previous Close23.50
Open23.50
Bid22.24 x 900
Ask23.66 x 800
Day's Range23.03 - 23.50
52 Week Range9.83 - 26.13
Volume299,347
Avg. Volume860,229
Market Cap1.983B
Beta (5Y Monthly)1.69
PE Ratio (TTM)10.89
EPS (TTM)2.13
Earnings DateMay 04, 2021 - May 10, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est29.30
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
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96% Est. Return
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  • NMI Holdings (NMIH) Sees Hammer Chart Pattern: Time to Buy?
    Zacks

    NMI Holdings (NMIH) Sees Hammer Chart Pattern: Time to Buy?

    NMI Holdings (NMIH) has been struggling lately, but the selling pressure may be coming to an end soon

  • NMI Holdings, Inc. Releases Monthly Operating Statistics for March 2021
    GlobeNewswire

    NMI Holdings, Inc. Releases Monthly Operating Statistics for March 2021

    EMERYVILLE, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported selected operating statistics for the month of March 2021. At March 31, 2021, the company reported 11,090 loans in default and a default rate of 2.54%. Default Activity as of: 3/31/2020 6/30/2020 9/30/2020 12/31/2020 1/31/2021 2/28/2021 3/31/2021Number of loans in default (1)1,449 10,816 13,765 12,209 11,905 11,648 11,090Default rate (2)0.38% 2.90% 3.60% 3.06% 2.90% 2.77% 2.54% New Insurance Written During: Quarter Ended 3/31/2020 Quarter Ended 6/30/2020 Quarter Ended 9/30/2020 Quarter Ended 12/31/2020 Month Ended 1/31/2021 Month Ended 2/28/2021 Month Ended 3/31/2021Weighted average FICO 757 762 764 761 756 755 754Loan-to-value (LTV) 91.3% 90.7% 90.7% 90.9% 90.9% 90.9% 91.1%Debt-to-income (DTI) 34.4% 33.3% 32.8% 33.2% 33.6% 33.7% 33.7% In-focus risk segments 95.01-97.0% LTV 6.4% 4.2% 3.2% 9.5% 9.2% 9.1% 9.4%<680 FICO 1.9% 1.0% 0.7% 1.0% 1.4% 1.8% 2.3%>45% DTI 10.3% 7.0% 4.9% 6.1% 6.5% 6.5% 7.2%Layered risk (3) 0.2% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% (1)Loans are considered to be in default as of the payment date at which a borrower has missed the preceding two or more consecutive monthly payments(2)Default rate is calculated as total loans in default divided by total policies in force(3)Layered risk includes loans with more than one in-focus risk factor The information concerning the Company's default inventory is compiled from reports received from loan servicers and can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and transfers of servicing rights between loan servicers. While our total default population declined from February 28, 2021 to March 31, 2021, our default population may increase going forward if additional borrowers face challenges related to the COVID-19 outbreak and choose to access the forbearance program for federally backed loans codified under the CARES Act or other programs made available by private lenders. About NMI HoldingsNMI Holdings, Inc. (NASDAQ: NMIH), is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com. Cautionary Note Regarding Forward-Looking StatementsThis press release may contain statements that are deemed to be forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act”), and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements about future, not past, events and involve certain important risks and uncertainties, any of which could cause our actual results to differ materially from those expressed in our forward-looking statements. Any or all of our forward–looking statements in this press release may turn out to be inaccurate. More information about the risks, uncertainties and assumptions affecting the company can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K for the year ended December 31, 2020 and in other filings we make with the Securities and Exchange Commission. We have based any forward–looking statements on our current expectations and projections about future events and trends that we believe may affect our financial condition, operating results, business strategy and financial needs. All forward–looking statements are necessarily only estimates and actual events may differ materially from our current expectations. You are, therefore, cautioned not to place undue reliance on such statements. We do not undertake, and specifically disclaim, any obligation to revise any forward-looking statements to reflect the occurrence of future events or circumstances. Investor ContactJohn M. SwensonVice President, Investor Relations and Treasuryjohn.swenson@nationalmi.com(510) 788-8417

  • National MI Named to Fortune’s List of Best Workplaces in Financial Services & Insurance
    GlobeNewswire

    National MI Named to Fortune’s List of Best Workplaces in Financial Services & Insurance

    EMERYVILLE, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) was recently named to Fortune magazine’s list of the Best Workplaces in Financial Services & Insurance for small- and medium-sized companies. This is the fifth time that National MI has been named to the highly competitive list. Fortune partners with Great Place to Work® to come up with the Best Workplaces in Financial Services & Insurance list. The list is based on analysis of survey responses from more than 840,000 current employees across the country. Great Place to Work, a global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. “National MI is honored to be recognized among the best workplaces by Fortune for the fifth time,” said Claudia Merkle, CEO of National MI. “We believe our unique culture is a competitive advantage. By creating an environment that fosters trust, collaboration, mutual respect and creativity, we have been able to attract and retain the best talent and build a team of people who always do their best for our customers, our shareholders and each other.” Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is. Great Place to Work evaluated more than 50 elements of team members’ experience on the job. These included employee pride in the organization’s community impact, belief that their work makes a difference, and feeling their work has special meaning. “Being named to the Fortune list demonstrates our deep-seated commitment to providing strong support, opportunities for advancement and competitive benefits to everyone at National MI,” said Mary Lee Sharp, the company’s chief human resources officer. “This was especially evident during the pandemic, when we quickly ensured our employees were able to work remotely and safely.” National MI has grown steadily since the company was founded in 2013. In 2020, the company helped over 250,000 borrowers gain access to housing, expanded its customer franchise to nearly 1,200 lenders across the country, achieved record new insurance written of $63 billion, grew its high-quality insured portfolio to a record $111 billion and increased its capital position to $1.8 billion. About National MINational Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com. Press ContactMary McGarityStrategic Vantage Mortgage Public Relations(203) 260-5476MaryMcGarity@StrategicVantage.com Investor ContactJohn M. SwensonVice President, Investor Relations and Treasuryjohn.swenson@nationalmi.com (510) 788-8417