-1.30%
5.06%
-0.16%
-1.86%
20.99%
56.10%
20.99%
AI Spotlight on NMIH
Company Description
NMI Holdings, Inc.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.NMI Holdings, Inc.was incorporated in 2011 and is headquartered in Emeryville, California.
Market Data
| Last Price | 38.62 |
| Change Percentage | -1.30% |
| Open | 39 |
| Previous Close | 39.13 |
| Market Cap ( Millions) | 3056 |
| Volume | 279028 |
| Year High | 42.49 |
| Year Low | 28.73 |
| M A 50 | 37.74 |
| M A 200 | 36.85 |
Financial Ratios
| FCF Yield | 12.64% |
| Dividend Yield | 0.00% |
| ROE | 17.55% |
| Debt / Equity | 18.89% |
| Net Debt / EBIDTA | 54.55% |
| Price To Book | 1.4 |
| Price Earnings Ratio | 8.6 |
| Price To FCF | 7.91 |
| Price To sales | 4.81 |
| EV / EBITDA | 6.47 |
News
- Jan -23 - NMI Holdings, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on February 6, 2025
- Jan -22 - NMI Holdings Stock Trades Above 50-Day SMA: What Should Investors Do?
- Jan -17 - Undercovered Dozen: Lincoln National, Whitecap Resources, NMI Holdings, Healwell AI +
- Jan -14 - NMI Holdings: Excellent Relative Value, Buy
- Dec -31 - The New Year May Not Be Kind To Radian Group
- Dec -23 - NMI Holdings Stock Lags Industry & Trades at Discount: What to Do?
- Dec -17 - NMI Holdings, Inc. Elevates Mohammad Yousaf to Chief of Operations and Technology
- Nov -22 - NMI Holdings Stock Rises 39.5% in a Year: More Room for Growth?
- Nov -07 - NMI Holdings Q3 Earnings, Revenues Top Estimates, Premiums Up Y/Y
- Nov -07 - NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript
- Nov -06 - NMI Holdings (NMIH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Nov -06 - NMI Holdings (NMIH) Surpasses Q3 Earnings and Revenue Estimates
- Nov -06 - NMI Holdings, Inc. Reports Third Quarter 2024 Financial Results; Announces New Reinsurance Agreements
- Oct -28 - Down -5.95% in 4 Weeks, Here's Why You Should You Buy the Dip in NMI Holdings (NMIH)
- Oct -23 - How NMI Holdings' Superior Credit Quality Drives Growth
- Oct -16 - NMI Holdings, Inc. to Announce Third Quarter 2024 Financial Results on November 6, 2024; Reminder to Register for Annual Investor Day to be Held on November 21, 2024
- Oct -14 - NMIH vs. CB: Which Stock Should Value Investors Buy Now?
- Sep -26 - NMIH or KNSL: Which Is the Better Value Stock Right Now?
- Sep -06 - NMIH or CB: Which Is the Better Value Stock Right Now?
- Sep -03 - 4 P&C Insurance Stocks to Buy Amid Flat Pricing, Rate Cut Bets
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Insurance and Related Activities
Expected Growth : 7.0 %
What the company do ?
NMI Holdings, Inc.'s Insurance and Related Activities segment provides private mortgage insurance and reinsurance services to mortgage lenders and investors.
Why we expect these perspectives ?
NMI Holdings, Inc.'s 7.0% growth in Insurance and Related Activities is driven by increasing demand for mortgage insurance, expansion into new markets, and strategic partnerships. Additionally, the company's focus on risk-based pricing, improved underwriting, and investments in digital platforms have contributed to its growth.
Nmi Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| National MI | National MI is a private mortgage insurance (PMI) product that provides mortgage insurance to borrowers, allowing them to purchase or refinance a home with a lower down payment. |
| Covenant | Covenant is a risk-based pricing product that offers more competitive pricing for borrowers with stronger credit profiles. |
| RateGPS | RateGPS is a rate quoting and ordering platform that provides lenders with a streamlined way to quote and order mortgage insurance. |
| Insurer Insights | Insurer Insights is a data analytics platform that provides lenders with actionable insights to help them better understand their mortgage insurance business. |
NMI Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for NMI Holdings, Inc. is medium due to the presence of alternative mortgage insurance providers in the market.
Bargaining Power Of Customers
The bargaining power of customers for NMI Holdings, Inc. is low due to the company's strong brand reputation and limited alternatives for mortgage insurance.
Bargaining Power Of Suppliers
The bargaining power of suppliers for NMI Holdings, Inc. is medium due to the presence of multiple suppliers of reinsurance and other services.
Threat Of New Entrants
The threat of new entrants for NMI Holdings, Inc. is low due to the high barriers to entry in the mortgage insurance industry, including regulatory hurdles and capital requirements.
Intensity Of Rivalry
The intensity of rivalry for NMI Holdings, Inc. is high due to the competitive nature of the mortgage insurance industry, with multiple players competing for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 17.11% |
| Debt Cost | 9.23% |
| Equity Weight | 82.89% |
| Equity Cost | 9.23% |
| WACC | 9.23% |
| Leverage | 20.64% |
NMI Holdings, Inc. : Quality Control
NMI Holdings, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MTG | MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto … |
| RDN | Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its Mortgage segment offers credit-related insurance coverage primarily through private … |
| AIZ | Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company … |
| FNF | Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title … |
| ACT | Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Enact Holdings
A-Score
1-Year Total Return ->
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MGIC
A-Score
1-Year Total Return ->
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Fidelity National Financial
A-Score
1-Year Total Return ->
4
Radian Group
A-Score
1-Year Total Return ->
5
NMI Holdings
A-Score
1-Year Total Return ->
6
