NMI Holdings Statistics

Total Valuation

NMI Holdings has a market cap or net worth of $3.30 billion. The enterprise value is $3.65 billion.

Market Cap	3.30B
Enterprise Value	3.65B

Important Dates

The next estimated earnings date is Tuesday, July 29, 2025, after market close.

Earnings Date	Jul 29, 2025
Ex-Dividend Date	n/a

Share Statistics

NMI Holdings has 78.12 million shares outstanding. The number of shares has decreased by -2.95% in one year.

Current Share Class	78.12M
Shares Outstanding	78.12M
Shares Change (YoY)	-2.95%
Shares Change (QoQ)	-0.95%
Owned by Insiders (%)	1.72%
Owned by Institutions (%)	99.13%
Float	76.83M

Valuation Ratios

The trailing PE ratio is 8.72 and the forward PE ratio is 8.34. NMI Holdings's PEG ratio is 1.37.

PE Ratio	8.72
Forward PE	8.34
PS Ratio	4.79
Forward PS	5.36
PB Ratio	1.36
P/TBV Ratio	1.42
P/FCF Ratio	8.75
P/OCF Ratio	8.60
PEG Ratio	1.37

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.91, with an EV/FCF ratio of 9.68.

EV / Earnings	9.76
EV / Sales	5.46
EV / EBITDA	6.91
EV / EBIT	7.07
EV / FCF	9.68

Financial Position

The company has a current ratio of 1.94, with a Debt / Equity ratio of 0.18.

Current Ratio	1.94
Quick Ratio	0.64
Debt / Equity	0.18
Debt / EBITDA	0.80
Debt / FCF	1.13
Interest Coverage	14.35

Financial Efficiency

Return on equity (ROE) is 17.38% and return on invested capital (ROIC) is 12.56%.

Return on Equity (ROE)	17.38%
Return on Assets (ROA)	9.98%
Return on Invested Capital (ROIC)	12.56%
Return on Capital Employed (ROCE)	16.30%
Revenue Per Employee	$2.90M
Profits Per Employee	$1.62M
Employee Count	230
Asset Turnover	0.21
Inventory Turnover	n/a

Taxes

In the past 12 months, NMI Holdings has paid $106.60 million in taxes.

Income Tax	106.60M
Effective Tax Rate	22.20%

Stock Price Statistics

The stock price has increased by +27.62% in the last 52 weeks. The beta is 0.55, so NMI Holdings's price volatility has been lower than the market average.

Beta (5Y)	0.55
52-Week Price Change	+27.62%
50-Day Moving Average	38.17
200-Day Moving Average	37.84
Relative Strength Index (RSI)	68.05
Average Volume (20 Days)	572,027

Short Selling Information

The latest short interest is 1.85 million, so 2.37% of the outstanding shares have been sold short.

Short Interest	1.85M
Short Previous Month	1.75M
Short % of Shares Out	2.37%
Short % of Float	2.41%
Short Ratio (days to cover)	3.35

Income Statement

In the last 12 months, NMI Holdings had revenue of $667.96 million and earned $373.62 million in profits. Earnings per share was $4.63.

Revenue	667.96M
Gross Profit	538.79M
Operating Income	516.18M
Pretax Income	445.69M
Net Income	373.62M
EBITDA	528.01M
EBIT	516.18M
Earnings Per Share (EPS)	$4.63

Full Income Statement

Balance Sheet

The company has $102.23 million in cash and $425.75 million in debt, giving a net cash position of -$351.54 million or -$4.50 per share.

Cash & Cash Equivalents	102.23M
Total Debt	425.75M
Net Cash	-351.54M
Net Cash Per Share	-$4.50
Equity (Book Value)	2.32B
Book Value Per Share	29.65
Working Capital	273.62M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $383.18 million and capital expenditures -$6.43 million, giving a free cash flow of $376.76 million.

Operating Cash Flow	383.18M
Capital Expenditures	-6.43M
Free Cash Flow	376.76M
FCF Per Share	$4.82

Full Cash Flow Statement

Margins

Gross margin is 80.66%, with operating and profit margins of 77.28% and 55.93%.

Gross Margin	80.66%
Operating Margin	77.28%
Pretax Margin	71.89%
Profit Margin	55.93%
EBITDA Margin	79.05%
EBIT Margin	77.28%
FCF Margin	56.40%

Dividends & Yields

NMI Holdings does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	2.95%
Shareholder Yield	2.95%
Earnings Yield	11.34%
FCF Yield	11.43%

Dividend Details

Analyst Forecast

The average price target for NMI Holdings is $42.29, which is 0.24% higher than the current price. The consensus rating is "Buy".

Price Target	$42.29
Price Target Difference	0.24%
Analyst Consensus	Buy
Analyst Count	7
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5