NMI HoldingsNMIH
Market Cap: $3.27B
About: NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, 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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.
Employees: 228
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
11% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 38
1% more funds holding
Funds holding: 291 [Q1] → 295 (+4) [Q2]
4% more capital invested
Capital invested by funds: $2.55B [Q1] → $2.65B (+$96.6M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
0.66% less ownership
Funds ownership: 97.61% [Q1] → 96.95% (-0.66%) [Q2]
2% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 106
2% less call options, than puts
Call options by funds: $140K | Put options by funds: $143K
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Keefe, Bruyette & Woods Bose George 89% 1-year accuracy 31 / 35 met price target | 3%downside $40 | Market Perform Maintained | 1 Aug 2024 |
Barclays Terry Ma 38% 1-year accuracy 5 / 13 met price target | 5%upside $43 | Overweight Maintained | 31 Jul 2024 |
JP Morgan Richard Shane 53% 1-year accuracy 19 / 36 met price target | 2%upside $42 | Overweight Maintained | 31 Jul 2024 |
RBC Capital Scott Heleniak 89% 1-year accuracy 40 / 45 met price target | 3%downside $40 | Sector Perform Maintained | 31 Jul 2024 |
Truist Securities Mark Hughes 76% 1-year accuracy 44 / 58 met price target | 14%upside $47 | Buy Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 10 articles about NMIH published over the past 30 days