NMI Holdings, Inc. (NMIH)

Nasdaq Financials Commercial & Residential Mortgage Finance S&P SmallCap 600
$39.03
-5.24 (-11.84%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W-8.5%
1M-3.9%
3M-11.7%
6M+0.4%
YTD-4.3%
1Y+6.0%
3Y+41.7%
5Y+60.8%

Key statistics

Full financials →
Market cap$2.9B
P/E (TTM)7.7
EPS (TTM, diluted)$5.09
P/S3.93
P/B1.08
EV / EBITDA—
Revenue (TTM)$740.00M
Revenue growth+6.9%
Net margin53.1%
ROE14.5%
Debt / equity0.15
FCF yield14.6%
Dividend yield—
Payout ratio—
Beta (1Y)0.10
Volatility (1Y)28.3%
52-week range$35.12 – $46.74
Avg volume (50D)807.25K

Revenue & net income — last 8 quarters

Statements →
Nov 5, 4:06 PM ET

NMI Holdings Q3 net income $93.5 million, or $1.23 a share, down from $1.38 in Q2

Mixed earnings 2.02

NMI Holdings reported third-quarter 2026 net income of $93.5 million, or $1.23 per diluted share, for the quarter ended September 30, 2026. That was down from $105.8 million, or $1.38 per share, in the second quarter, but up slightly from $1.22 per share in the third quarter of 2025, while total revenue of $187.6 million was roughly flat sequentially and up from $178.7 million a year earlier.

  • Diluted EPS was $1.23 versus $1.38 in Q2 2026 and $1.22 in Q3 2025; adjusted diluted EPS was $1.23.
  • Insurance claims and claim expenses were $29.1 million, with a loss ratio of 18.7% versus 8.3% in Q2 2026 and 12.3% in Q3 2025.
  • Book value per share excluding unrealized gains and losses was $38.13, up 14% from $33.32 a year earlier.
  • The company repurchased 626,383 shares for $27.1 million in the quarter and has bought back $435 million since the program began.
Read the filing on SEC.gov ↗
Jul 30, 4:03 PM ET

NMI Holdings Q2 net income rises to $105.8 million, or $1.38 per diluted share

Positive earnings Written later 2.02

NMI Holdings reported net income of $105.8 million, or $1.38 per diluted share, for the quarter ended June 30, 2026, up from $96.2 million, or $1.21 per diluted share, a year earlier and $99.3 million, or $1.28, in the first quarter of 2026. Earnings improved on both comparisons, and the loss ratio fell to 8.3% from 13.3% in the first quarter.

  • Net income of $105.8 million and diluted EPS of $1.38, compared with $96.2 million and $1.21 in Q2 2025.
  • Loss ratio of 8.3%, compared with 13.3% in Q1 2026 and 9.0% in Q2 2025.
  • Primary insurance-in-force of $227.1 billion at June 30, 2026, up from $214.7 billion a year earlier.
  • Book value per share excluding net unrealized gains and losses was $36.88, up from $32.08 a year earlier.
Read the filing on SEC.gov ↗
Apr 30, 4:04 PM ET

NMI Holdings Q1 2026 net income $99.3 million, $1.28 per share, flat year over year

Mixed earnings Written later 2.02

NMI Holdings reported first-quarter 2026 net income of $99.3 million, or $1.28 per diluted share, matching the $1.28 reported for the same quarter of 2025. Total revenue rose to $183.5 million from $173.2 million a year earlier, but net income was down from $102.6 million and the loss ratio rose to 13.3% from 3.0%, so the results show mixed signals for shareholders.

  • Net income $99.3 million versus $102.6 million in Q1 2025; diluted EPS $1.28 in both periods
  • Total revenue $183.5 million versus $173.2 million in Q1 2025
  • Loss ratio 13.3% versus 3.0% in Q1 2025; insurance claims and claim expenses $20.7 million versus $4.5 million
  • Primary insurance-in-force $222.3 billion at March 31, 2026, versus $211.3 billion a year earlier
Read the filing on SEC.gov ↗
Feb 12, 4:28 PM ET

NMI Holdings appoints Renu Agrawal as independent director, board grows to ten

Neutral leadership Written later 5.027.01

NMI Holdings, Inc. expanded its Board to ten members and appointed Renu Agrawal as an independent director effective February 12, 2026. She was assigned to the Audit Committee and Risk Committee, and the filing describes a standard non-employee director compensation package for her board service.

  • Effective date: February 12, 2026; Board expanded to ten members
  • Ms. Agrawal assigned to the Audit Committee and Risk Committee
  • Annual cash retainer of $120,000 for 2026, prorated, plus an annual equity retainer of $170,000 in RSUs and an additional RSU grant with a grant-date fair value of $170,000
  • Board Chairman Bradley Shuster said her executive and board experience will be valuable to the Board
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Recent SEC filings

EDGAR ↗

Prices are end-of-day and split-adjusted. Financial data from NMI Holdings, Inc.'s SEC XBRL filings. Not investment advice.