What is Zacks Research’s Forecast for NMI FY2026 Earnings?

NMI Holdings, Inc. (NASDAQ:NMIH) – Stock analysts at Zacks Research dropped their FY2026 EPS estimates for shares of NMI in a note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $5.00 per share for the year, down from their previous estimate of $5.09. The consensus estimate for NMI’s current full-year earnings is $4.62 per share. Zacks Research also issued estimates for NMI’s Q4 2026 earnings at $1.27 EPS.

NMI (NASDAQ:NMIH) last issued its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.07). NMI had a return on equity of 17.33% and a net margin of 55.32%.

A number of other analysts have also issued reports on the stock. Keefe, Bruyette & Woods upgraded shares of NMI from a “market perform” rating to an “outperform” rating and set a $43.00 price objective on the stock in a research note on Monday, February 24th. JPMorgan Chase & Co. dropped their price target on shares of NMI from $46.00 to $41.00 and set an “overweight” rating on the stock in a research note on Monday, December 9th. Royal Bank of Canada decreased their price objective on shares of NMI from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Thursday, November 7th. UBS Group dropped their target price on NMI from $42.00 to $41.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 19th. Finally, Barclays downgraded NMI from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $48.00 to $41.00 in a report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $42.29.

NMI Stock Performance

NMI stock opened at $36.44 on Thursday. The firm has a market capitalization of $2.86 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 1.41 and a beta of 1.12. NMI has a one year low of $29.05 and a one year high of $42.49. The stock’s 50 day moving average price is $36.78 and its 200 day moving average price is $38.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.60.

Insider Buying and Selling

In other NMI news, EVP Norman Peter Fitzgerald sold 20,000 shares of NMI stock in a transaction on Monday, February 24th. The shares were sold at an average price of $35.88, for a total value of $717,600.00. Following the completion of the transaction, the executive vice president now owns 37,470 shares of the company’s stock, valued at $1,344,423.60. The trade was a 34.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $35.44, for a total transaction of $38,381.52. Following the sale, the executive vice president now owns 49,218 shares of the company’s stock, valued at approximately $1,744,285.92. The trade was a 2.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On NMI

A number of large investors have recently bought and sold shares of the business. Principal Securities Inc. raised its position in shares of NMI by 66.5% during the 4th quarter. Principal Securities Inc. now owns 716 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 286 shares during the period. Smartleaf Asset Management LLC increased its position in NMI by 288.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,868 shares of the financial services provider’s stock worth $69,000 after buying an additional 1,387 shares during the period. Covestor Ltd boosted its holdings in shares of NMI by 601.1% during the fourth quarter. Covestor Ltd now owns 1,893 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 1,623 shares during the period. Sterling Capital Management LLC grew its position in shares of NMI by 786.1% during the fourth quarter. Sterling Capital Management LLC now owns 2,295 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 2,036 shares during the last quarter. Finally, KBC Group NV increased its holdings in shares of NMI by 38.3% in the 4th quarter. KBC Group NV now owns 3,221 shares of the financial services provider’s stock worth $118,000 after acquiring an additional 892 shares during the period. Institutional investors own 94.12% of the company’s stock.

About NMI

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; 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.