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NMIHNMIHFinancial Services · Insurance - Specialty

NMIH Stock Forecast: NMI Holdings, Inc. Price Predictions for 2026-2027

Last close, 7 Oct 2026
$40
−0.93% on the day

The 7 Wall Street analysts covering NMI Holdings, Inc. hold a median 12-month price target of $51 — +29.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 75 of 100 as at 6 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$3.0B
Ticker Nerd rank
75 / 100
Median analyst target
$51
Analysts covering
7
Revenue$187.9M+8.1% y/y
Net income$105.8M
Free cash flow$140.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+5.9%
1M
−11.8%
YTD
−3.1%
1Y
+9.7%
From 52W high
−13.5%
From 52W low
+11.9%
$35
$46
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NMIH stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores NMI Holdings, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 6 Oct 2026
75 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
88
Issuance
80
Quality
76
Growth
66
Value
64
Volatility
58
Momentum
58
Size
30
Accruals
19

Revisions (88): Analysts have, on balance, been raising their forecasts.

Accruals (19): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NMIH stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NMIH, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$35$40$45$50$55Jan 26Apr 26Jul 26Oct 26NMIHHigh $54Median $51Low $43

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says7 analysts
5 Buy2 Hold0 Sell
Low $43Median $51High $54

The green dot is the last close — the median target sits +29.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
31 July 2026JP MorganMaintainsOverweight$48 → $50
31 July 2026Truist SecuritiesMaintainsBuy$49 → $51
13 July 2026JP MorganMaintainsOverweight$43 → $48
13 July 2026JP MorganMaintainsOverweight—
25 June 2026Keefe, Bruyette & WoodsMaintainsOutperform$46 → $47
25 June 2026Keefe, Bruyette & WoodsMaintainsOutperform—
22 May 2026RBC CapitalInitiatesOutperform—
4 May 2026Keefe, Bruyette & WoodsMaintainsOutperform—
10 Apr 2026Keefe, Bruyette & WoodsMaintainsOutperform—
9 Apr 2026JP MorganMaintainsOverweight—
6 Apr 2026BarclaysMaintainsEqual-Weight—
12 Jan 2026JP MorganMaintainsOverweight—
6 Jan 2026BarclaysMaintainsEqual-Weight—
18 Dec 2025Keefe, Bruyette & WoodsUpgradeOutperform—
5 Nov 2025JP MorganMaintainsOverweight—
7 Oct 2025JP MorganMaintainsOverweight—
6 Oct 2025BarclaysMaintainsEqual-Weight—
11 July 2025JP MorganMaintainsOverweight—
8 July 2025BarclaysMaintainsEqual-Weight—
7 July 2025Keefe, Bruyette & WoodsDowngradeMarket Perform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NMIH appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

NMIH vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 7 Oct 2026, NMI Holdings, Inc. returned +9.7% against +17.7% for the S&P 500, dividends included.

NMIH vs S&P 500, last 12 monthsTotal return, rebased to 100
95100105110115120125130Jan 26Apr 26Jul 26Oct 26NMIHS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

NMIH analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.7%
Analysts raising
6
Analysts cutting
0
Fundamentals

NMI Holdings, Inc. (NMIH) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
7.8×

Cheaper than 62% of US stocks

Price / sales
4.1×

Cheaper than 30% of US stocks

Price / book
1.1×

Cheaper than 69% of US stocks

EV / EBITDA
5.9×

Cheaper than 51% of US stocks

Growth & margins
Revenue growth (YoY)
8.1%

Higher than 47% of US stocks

Earnings growth (YoY)
10.0%

Higher than 48% of US stocks

Gross margin
—
Operating margin
76.7%

Higher than 99% of US stocks

Net margin
54.1%

Higher than 96% of US stocks

Returns & dividend
Return on equity
15.4%

Higher than 75% of US stocks

Return on assets
8.8%

Higher than 90% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

NMI Holdings, Inc. (NMIH) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • NMI Holdings, Inc. has a market value of $3.0B and an enterprise value of $3.2B.

  • Revenue in the twelve months to 30 June 2026: $730.8M. The latest quarter grew 8.1% year on year.

  • Net income over the same four quarters: $395.3M, a 54.1% net margin.

  • Diluted earnings per share, trailing twelve months: $5.08.

  • Free cash flow in the twelve months to 30 June 2026: $441.6M.

  • NMI Holdings, Inc. spent $115.1M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 75.4M.

  • Trailing P/E: 7.8×; forward P/E: 7.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • NMI Holdings, Inc. employs 225 people — $3.2M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 6 Oct 2026

Data provided by Twelve Data

Peers

NMIH vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelInsurance - Specialty
CompanyMarket capTKN rank
NMIHNMI Holdings, Inc.$3.0B
75
AGOAssured Guaranty Ltd.$3.2B
51
RDNRadian Group Inc.$4.6B
55
MTGMGIC Investment Corp.$5.8B
82
ESNTEssent Group Ltd.$5.9B
79
FAFFirst American Financial Corp.$6.4B
80
ACTEnact Holdings, Inc.$6.5B
78

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own NMI Holdings, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NMIH news & analysis

Are Investors Undervaluing NMI (NMIH) Right Now?

Zacks Investment Research · 1 Oct 2026neutral

Zacks Investment Research published a piece asking whether investors are currently undervaluing NMI Holdings (NMIH). The article focuses on the Zacks Rank system, which uses earnings estimates and estimate revisions, while also considering value, growth, and momentum trends.

Why it matters — An NMIH watcher would care because the piece evaluates whether the stock's current valuation, alongside its earnings-estimate and momentum indicators, may be overlooked by the market.

Here's Why NMI Holdings (NMIH) is a Strong Value Stock

Zacks Investment Research · 30 Sept 2026positive

Zacks Investment Research highlights NMI Holdings as a strong value stock, recommending its Style Scores tool for identifying market-beating stocks. The piece positions NMIH as a stock worth considering for investors seeking value opportunities.

Why it matters — The piece frames NMIH as a strong value pick, which could draw investor attention to the company's investment appeal.

After Plunging 7.2% in 4 Weeks, Here's Why the Trend Might Reverse for NMI Holdings (NMIH)

Zacks Investment Research · 25 Sept 2026positive

Zacks reports that NMI Holdings has become technically oversold after a 7.2% decline over four weeks, which suggests heavy selling pressure may be exhausted. The report notes strong agreement among Wall Street analysts in revising earnings estimates higher, indicating a potential near-term trend reversal for the stock.

Why it matters — NMIH watchers would care because the stock's oversold technical condition combined with upward earnings estimate revisions could signal a shift in its recent downward trend.

NMI Holdings Near 52-Week High: Time to Buy, Sell or Hold the Stock?

Zacks Investment Research · 24 Sept 2026positive

NMI Holdings' stock is trading near its 52-week high, with strong insurance growth, improving credit performance, and a solid capital position supporting premium growth and shareholder returns, according to Zacks Investment Research.

Why it matters — Investors tracking NMIH will want to understand the fundamentals driving the stock near its 52-week high and assess whether the current momentum in premium growth and credit performance is sustainable.

NMI Holdings' Strong IIF Growth: Can It Drive Future Earnings?

Zacks Investment Research · 15 Sept 2026positive

Zacks reports that NMI Holdings is experiencing strong growth in IIF (insurance in force) and NIW (new insurance written), which is expanding its mortgage insurance portfolio. Improving underwriting results are cited as supporting future earnings potential.

Why it matters — NMIH watchers would care because portfolio expansion coupled with stronger underwriting points to conditions that could support the company's future earnings.

FAQ

Frequently asked questions about NMIH stock

What is the NMIH stock price forecast for 2026-2027?

The 7 Wall Street analysts covering NMI Holdings, Inc. have a median 12-month price target of $51, with estimates ranging from $43 to $54. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NMIH stock a buy right now?

Of the 7 analysts covering NMI Holdings, Inc., 5 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks NMI Holdings, Inc. 75 out of 100 across roughly 4,600 US stocks as at 6 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NMIH?

As at 6 Oct 2026, NMI Holdings, Inc. ranks 75 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (88 of 100).

Will NMIH stock go up?

No one can know that. What the data says: the median 12-month target from 7 analysts implies +29.0% from the last close, and Ticker Nerd's factor model ranks NMI Holdings, Inc. 75 out of 100 as at 6 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NMIH stock forecast for 2030?

No analyst covering NMI Holdings, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NMIH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $43 to $54 over the next 12 months.

How has NMIH stock performed over the past year?

NMI Holdings, Inc. returned +9.7% over the 12 months to 7 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does NMI Holdings, Inc. do?

NMI Holdings, Inc. is a private mortgage insurance company that provides credit risk protection for residential mortgage lenders in the United States.

What is the latest news on NMIH?

The most recent item we track (Zacks Investment Research, 1 Oct 2026): "Are Investors Undervaluing NMI (NMIH) Right Now?". Zacks Investment Research published a piece asking whether investors are currently undervaluing NMI Holdings (NMIH). The article focuses on the Zacks Rank system, which uses earnings estimates and estimate revisions, while also considering value, growth, and momentum trends.

Company

About NMI Holdings, Inc.

NMI Holdings, Inc. is a private mortgage insurance company that provides credit risk protection for residential mortgage lenders in the United States. Through its insurance subsidiaries, it offers primary mortgage insurance and related loan review services that help lenders manage losses on high loan-to-value mortgages. The company serves a broad range of clients, including national and regional mortgage banks, credit unions, community banks, money center banks, builder-owned lenders, internet-based lenders, and other non-bank originators. Its core role in the housing finance market is to support mortgage lending by covering part of the default risk associated with low-down-payment loans. NMI Holdings, Inc. is headquartered in Emeryville, California and operates as a focused financial services provider within the mortgage insurance segment.

CEO Mr. Adam S. Pollitzer · 225 employees · United States · https://www.nationalmi.com