NMI Holdings Inc (NMIH)

Last Closing Price: 29.50 (2024-04-17)

Company Description

NMI Holdings provides private mortgage insurance (MI) through its wholly-owned insurance subsidiaries National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc. One (Re One). NMIC and Re One are domiciled in Wisconsin and principally regulated by the Wisconsin OCI. NMIC is the company's primary insurance subsidiary and is approved as an MI provider by the GSEs and is licensed to write coverage in all 50 states and D.C. Re One provides reinsurance to NMIC on insured loans after giving effect to third-party reinsurance. The subsidiary NMI Services, Inc. (NMIS) provides outsourced loan review services to mortgage loan originators. MI protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $579.00M
Net Income (Most Recent Fiscal Year) $322.11M
PE Ratio (Current Year Earnings Estimate) 7.32
PE Ratio (Trailing 12 Months) 7.72
PEG Ratio (Long Term Growth Estimate) 1.10
Price to Sales Ratio (Trailing 12 Months) 4.13
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.25
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 7.15
Pre-Tax Margin (Trailing 12 Months) 71.28%
Net Margin (Trailing 12 Months) 55.63%
Return on Equity (Trailing 12 Months) 17.97%
Return on Assets (Trailing 12 Months) 11.69%
Current Ratio (Most Recent Fiscal Quarter) 0.73
Quick Ratio (Most Recent Fiscal Quarter) 0.73
Debt to Common Equity (Most Recent Fiscal Quarter) 0.21
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $23.75
Earnings per Share (Most Recent Fiscal Quarter) $1.01
Earnings per Share (Most Recent Fiscal Year) $3.84
Diluted Earnings per Share (Trailing 12 Months) $3.84
Stock
Exchange NASDAQ
Sector Financial Services
Industry Insurance - Specialty
Common Shares Outstanding 80.58M
Free Float 78.41M
Market Capitalization $2.39B
Average Volume (Last 20 Days) 0.59M
Beta (Past 60 Months) 1.06
Percentage Held By Insiders (Latest Annual Proxy Report) 2.70%
Percentage Held By Institutions (Latest 13F Reports) 94.12%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%