NMIH Stock Recent News

EMERYVILLE, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will report results for its first quarter ended March 31, 2024 after the market close on Tuesday, April 30, 2024.

NMI Holdings (NMIH) stock rallies on the back of new business production, growth in the capital and reinsurance markets, improved total mortgage origination volume and flexible liquidity.

NMI Holdings (NMIH) reported earnings 30 days ago. What's next for the stock?

In the investment arena, giant blue chips often dominate headlines. However, a quieter revolution always brews within the realm of small-cap wonders.

NMI Holdings (NMIH) stands to gain from higher single-premium policy cancellations, improved investment income, increased policy pricing and prudent capital deployment.

NMI Holdings (NMIH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

NMI Holdings is a private mortgage insurer that insures Fannie Mae and Freddie Mac against default risk on home mortgage loans. The company reported strong earnings with EPS beating estimates and cash EPS increasing by 21%. NMIH's outlook is positive, with expected growth in insurance premiums earned, investment income, and stock buybacks.

NMI Holdings' (NMIH) fourth-quarter results reflect higher premiums and net investment income, and increased persistency, which drove growth in the company's high-quality insured portfolio.

NMI Holdings, Inc. (NMIH) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for NMI Holdings (NMIH) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.