NMI (NASDAQ:NMIH) Price Target Raised to $50.00 at JPMorgan Chase & Co.

NMI (NASDAQ:NMIH) had its target price upped by JPMorgan Chase & Co. from $48.00 to $50.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

Several other equities analysts have also weighed in on the company. Keefe, Bruyette & Woods raised their target price on NMI from $46.00 to $47.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. UBS Group set a $46.00 price target on NMI in a research note on Friday, May 22nd. Truist Financial increased their price objective on NMI from $49.00 to $51.00 and gave the company a “buy” rating in a report on Friday. Royal Bank Of Canada began coverage on NMI in a research note on Friday, May 22nd. They issued an “outperform” rating and a $46.00 price objective on the stock. Finally, Weiss Ratings upgraded NMI from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, NMI currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.17.

NMI Stock Performance

NMIH stock opened at $44.30 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 8.72, a P/E/G ratio of 1.51 and a beta of 0.54. NMI has a 12 month low of $34.84 and a 12 month high of $46.74. The firm has a 50 day moving average of $39.62 and a two-hundred day moving average of $38.98.

NMI (NASDAQ:NMIH) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.38 EPS for the quarter, topping the consensus estimate of $1.28 by $0.10. The company had revenue of $187.89 million for the quarter, compared to analyst estimates of $156.26 million. NMI had a net margin of 54.10% and a return on equity of 15.31%. NMI’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.22 EPS. As a group, equities analysts anticipate that NMI will post 5.11 EPS for the current fiscal year.

Insider Transactions at NMI

In related news, Director Michael Curry Montgomery sold 1,554 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total value of $58,896.60. Following the transaction, the director directly owned 69,026 shares in the company, valued at approximately $2,616,085.40. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.44% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in NMI by 20.4% during the first quarter. Royal Bank of Canada now owns 117,065 shares of the financial services provider’s stock valued at $4,221,000 after acquiring an additional 19,857 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of NMI by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,684 shares of the financial services provider’s stock valued at $1,683,000 after purchasing an additional 2,030 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of NMI in the first quarter worth about $256,000. Ashton Thomas Private Wealth LLC bought a new position in shares of NMI in the first quarter worth about $203,000. Finally, Jane Street Group LLC increased its stake in shares of NMI by 1,312.9% in the first quarter. Jane Street Group LLC now owns 224,152 shares of the financial services provider’s stock worth $8,081,000 after purchasing an additional 208,287 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

Key NMI News

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Second-quarter earnings beat expectations: NMIH reported adjusted and GAAP earnings of $1.38 per diluted share, above the $1.28 consensus estimate and up from $1.22 a year ago. Revenue reached $187.89 million, well ahead of the $156.26 million estimate and 8.1% higher year over year. NMIH Q2 Earnings Beat on Premium Growth and Lower Claims
• Positive Sentiment: Record profitability and favorable operating trends: Net income rose to $105.8 million from $96.2 million in the prior-year quarter. Premium growth, stronger investment income and lower claims helped expand profitability, with a reported net margin of 53.82% and return on equity of 15.18%. NMI Holdings Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts raised their price targets: Truist increased its target to $51 from $49 and maintained a “buy” rating, while JPMorgan lifted its target to $50 from $48 and kept an “overweight” rating. The revisions indicate analysts see further upside following the earnings beat. Analyst Price Target Revisions
• Neutral Sentiment: Capital return remains a support: NMIH said it has approximately $167 million of remaining share-repurchase capacity, which could support per-share results and shareholder returns. NMIH Capital Return Focus
• Negative Sentiment: Credit-cycle risks remain: Management expects defaults to trend higher, a potential headwind for future claims and profitability. Separately, a valuation analysis identified roughly 15% downside to its estimated fair value, highlighting that some investors may view the recent gains as already reflecting much of the good news. NMIH Earnings Watch and Valuation

About NMI

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.