NMIH Stock Recent News

The headline numbers for NMI Holdings (NMIH) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Banking on strong fundamentals and benefiting from a favorable macro backdrop, KNSL, NMIH, and PRI have not only outperformed the industry but also crushed the market and the Finance sector.

NMI Holdings (NMIH) stock rallies on the back of new business production, higher single premium policy cancellations, improved total mortgage origination volume and a strong capital position.

NMI Holdings (NMIH) is poised to grow on the back of increased policy pricing, higher single premium policy cancellations, improved investment income and prudent capital deployment.

Berkshire (BRK.B) Q2 results reflect higher insurance premiums earned, leasing revenues and interest, and higher utility and energy operating revenues.

NMI Holdings reported Q2 EPS of $0.95, beating expectations of $0.85. The company's credit protections are outstanding, with low default rates and high-quality borrowers. Revenue growth is improving, with a potential bottoming of the revenue margin and rising investment yields.

NMI Holdings, Inc. (NASDAQ:NMIH ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants John Swenson - VP, IR & Treasury Bradley Shuster - Executive Chairman Adam Pollitzer - President, CEO & Director Ravi Mallela - EVP & CFO Conference Call Participants Douglas Harter - Crédit Suisse Arren Cyganovich - Citigroup Richard Shane - JPMorgan Chase & Co. Mark Hughes - Truist Securities Bose George - KBW Geoffrey Dunn - Dowling & Partners Securities Eric Hagen - BTIG Operator Good afternoon, and welcome to the NMI Holdings, Inc. Second Quarter 2023 Earnings Conference Call. [Operator Instructions].

Although the revenue and EPS for NMI Holdings (NMIH) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

NMI Holdings (NMIH) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.86 per share a year ago.

EMERYVILLE, Calif., July 13, 2023 (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 second quarter ended June 30, 2023 after the market close on Tuesday, August 1, 2023.