NMI Holdings, Inc. (NMIH) fair value analysis
Nasdaq · Updated 2026-10-19
NMIH price how computed
Forward Fair Value verdict
Fairly valuedNMIH is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $40.71
- Sector
- Financial Services
- 12-month range
- $35.42–$45.71
- Market cap
- $3.06B
- From 52-week high
- -10.9%
- Shares outstanding
- 75.2M
- Rank in Financial Services by discount to fair value
- #90 of 167
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
NMI Holdings, Inc. is a mortgage insurance company that provides private mortgage insurance and related services to mortgage lenders and homebuyers in the United States. The company operates primarily in the domestic mortgage insurance market, serving the financial services sector.
NMIH currently ranks #90 of 167 Financial Services stocks by discount to fair value. It has screened as Fairly valued for 6 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $3.06B
- P/E (trailing)
- 8x
- Revenue (TTM)
- $731M
- Net margin
- 54.1%
- EPS (TTM)
- $5.07
- Gross margin
- 100.0%
- Debt / equity
- 0.15
- Revenue growth (3-yr avg)
- 8.9%
- Shares outstanding
- 75.2M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Contracting
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 44 · neutral
- 50-day average
- $42.87
- 200-day average
- $40.12
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-05 (post-market)
- Last 8 quarters vs consensus
- 6 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+7.8%)
2026-03 ▲ beat (+4.1%)
2025-12 ▲ beat (+0.8%)
2025-09 ▬ met (0.0%)
2025-06 ▲ beat (+2.5%)
2025-03 ▲ beat (+14.3%)
2024-12 ▼ miss (-4.5%)
2024-09 ▲ beat (+1.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 5 buy · 2 hold · 0 sell (7 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $49.1
- Target vs last price
- +20.6%
What our data shows for NMIH
- Our model validated 17 trailing price-to-earnings windows for NMIH, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $35.42–$45.71.
- The 14-day relative strength index sits at a neutral 44.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for NMIH
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent NMIH news
TickrTrends' derived news-sentiment signal for NMIH is currently mixed, computed from recent coverage.
- NMI Holdings, Inc. to Announce Third Quarter 2026 Financial Results on November 5, 2026 (manilatimes.net, 2026-10-14)
TickrTrends take: NMI Holdings, Inc. is scheduled to release its third quarter 2026 financial results on November 5, 2026, providing an opportunity for investors to assess whether the company's operational performance aligns with its current fairly valued status within the Financial Services sector. The earnings announcement will offer key metrics such as revenue, earnings, and mortgage insurance volumes that could either reinforce or challenge TickrTrends' current valuation assessment. Investors focused on valuation should pay particular attention to whether the company's profitability and business growth rates justify maintaining its fairly valued designation or signal a need for valuation adjustment. - NMIH Maintained by JP Morgan -- Price Target Lowered to $45.00 (gurufocus.com, 2026-10-12)
TickrTrends take: JP Morgan's maintenance of coverage on NMIH with a price target adjustment represents a recalibration by the analyst while preserving confidence in the company. Against TickrTrends' current assessment that NMIH is fairly valued, this target revision suggests the analyst may be tracking to different near-term expectations than the broader valuation consensus implies. For investors focused on valuation metrics, the distinction between analyst price targets and systematic valuation models becomes particularly relevant when coverage adjustments occur without full coverage termination, as this pattern often precedes shifts in how the market prices financial services companies. - NMI Holdings (NMIH) Shares Slide 8.37% Amid Industry Headwinds and Prolonged Downtrend (gurufocus.com, 2026-09-30)
TickrTrends take: NMI Holdings operates in the Financial Services sector where mortgage insurance companies face cyclical pressures that can impact both earnings and valuation multiples. The recent decline occurs within a context where TickrTrends currently assesses the stock as fairly valued, suggesting the market price already reflects meaningful challenges facing the industry. Investors focused on valuation metrics should monitor whether deteriorating fundamentals might justify a transition to undervalued territory, or conversely, whether stabilization could support the current fair value assessment.
More NMIH news
- Is NMI Holdings Inc (NMIH) a Bargain After 8.4% Drop? GF Value Says Undervalued (gurufocus.com, 2026-09-30)
What people are saying
Follow the NMIH conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — NMIH's sector discount rank declined this week, moving from #87 to #97 among Financial Services companies. This shift indicates the stock has become relatively less discounted compared to its sector peers. The valuation verdict remains Fairly valued.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — NMIH in the Financial Services sector moved out of oversold territory this week, with its RSI zone shifting from oversold to neutral. The company's sector discount rank declined from number 74 to number 90, indicating a relative weakening of its valuation position compared to peers. The stock remains fairly valued according to current assessment.
- 2026-10-05 — NMIH's sector discount rank improved this week, moving from number 87 to number 74 among Financial Services companies. This improvement indicates that NMIH has become relatively less expensive compared to other firms in its sector. The stock maintains a fairly valued assessment according to current valuation metrics.
- 2026-09-28 — NMIH in the Financial Services sector moved from an uptrend to a mixed trend state in its 50/200-day indicator this week. The company's sector discount rank improved from 112 to 87, indicating a stronger relative valuation position within its sector. The valuation verdict shifted from Overvalued to Fairly valued based on TickrTrends' derived indicators.
- 2026-09-21 — NMIH's RSI zone shifted from neutral to oversold this week, indicating increased downward momentum in the Financial Services sector stock. The current valuation verdict remains overvalued despite this technical deterioration.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is NMIH stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), NMIH is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is NMIH's TickrTrends verdict?
NMIH's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does NMIH compare to other Financial Services stocks?
NMIH ranks #90 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.
Is NMIH overbought or oversold?
NMIH's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does NMIH report earnings next?
NMIH's next earnings report is scheduled for 2026-11-05 (post-market), per the published earnings calendar.
Does NMIH usually beat earnings estimates?
Over its last 8 reported quarters NMIH beat the consensus estimate 6 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about NMIH?
Of 7 analysts covering NMIH, 5 rate it a buy, 2 a hold and 0 a sell - buy-leaning, with a consensus price target of $49.1 (+20.6% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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