NMIH
NMI Holdings, Inc.
Next earnings Jul 27, 2026 (after close) · consensus $1.31 EPS, $160M rev
Last earnings -5.9% on 2026-04-30
$40.62
▲ +2.71%$40.62▼ -3.01%
over 1Y
L $35.35EODHDH $43.15
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.7%
1W+7.9%
1M+10.2%
3M+10.2%
YTD+0.0%
1Y-3.0%
Buy
Conviction
Horizon
Medium (3–12mo)
Street · 14 analysts
Buy
Revenue grew 8.5% YoY.
Revenue (FY2025) $706M · FY2025
The read
Quality fundamentals and an attractive price line up (~166% below fair value) — the rarer case where both the business and the entry look good.
NMI Holdings, Inc. shows $706M in FY2025 revenue (+8.5% YoY), a 55.1% net margin, and 15.0% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $485M | $523M | $579M | $651M | $706M |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $231M | $293M | $322M | $360M | $389M |
| Diluted EPS | $2.65 | $3.39 | $3.84 | $4.43 | $4.92 |
| Net margin | 47.6% | 56.0% | 55.6% | 55.3% | 55.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF7.5
PEG (trailing)1.03
Earnings yield12.6%
FCF yield13.4%
Quality & risk
ROIC (est.)—
Free cash flow$413M
Total debt$396M
Net cash-$352M
Piotroski F-Score5/7
Capital returns
Buyback yield3.4%
Dividend yield (est.)—
Shareholder yield3.4%
Shares Δ YoY-3.1%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-05-192026-05-20open ↗144Filing2026-05-19open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗8-KPeriod ending 2026-05-142026-05-15open ↗4Period ending 2026-05-082026-05-11open ↗4Period ending 2026-05-012026-05-04open ↗
Frequently asked
- Is NMI Holdings, Inc. (NMIH) a buy?
- NMIH currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Revenue grew 8.5% YoY.
- What is NMIH's fair value?
- A Modified-Graham model based on NMIH's SEC fundamentals estimates a fair value of about $107.93. It is an estimate from reported earnings, not a price target.
- Is NMIH overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, NMIH currently appears undervalued relative to its SEC-grounded earnings power.
- What is NMI Holdings, Inc.'s quality score?
- NMIH scores 78.08823529411764/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001547903, latest 10-Q filed 2026-05-01) · EODHD · as of 6/26/2026, 6:51:00 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.