Brokerages Set NMI Holdings Inc (NASDAQ:NMIH) PT at $42.80

12 Apr 2026, 04:16 by Amy Steele · The Cerbat Gem

Shares of NMI Holdings Inc (NASDAQ:NMIH – Get Free Report) have been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $43.20.

Several research firms recently weighed in on NMIH. Weiss Ratings reiterated a “buy (b)” rating on shares of NMI in a research report on Thursday, January 22nd. Barclays dropped their target price on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. JPMorgan Chase & Co. dropped their target price on shares of NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a research report on Thursday. Keefe, Bruyette & Woods upped their target price on shares of NMI from $48.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday. Finally, UBS Group set a $43.00 target price on shares of NMI in a research report on Monday, January 12th.

Read Our Latest Report on NMIH

Insider Activity

In other news, Chairman Bradley M. Shuster sold 55,000 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $39.63, for a total value of $2,179,650.00. Following the completion of the transaction, the chairman owned 415,411 shares of the company’s stock, valued at $16,462,737.93. The trade was a 11.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Norman Peter Fitzgerald sold 22,500 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.94, for a total transaction of $898,650.00. Following the completion of the transaction, the executive vice president directly owned 32,445 shares of the company’s stock, valued at approximately $1,295,853.30. The trade was a 40.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 189,412 shares of company stock valued at $7,357,746 in the last quarter. Company insiders own 2.44% of the company’s stock.

Hedge Funds Weigh In On NMI

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NMIH. Royal Bank of Canada boosted its stake in NMI by 20.4% in the 1st quarter. Royal Bank of Canada now owns 117,065 shares of the financial services provider’s stock worth $4,221,000 after purchasing an additional 19,857 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of NMI by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,684 shares of the financial services provider’s stock worth $1,683,000 after buying an additional 2,030 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of NMI during the 1st quarter worth about $256,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of NMI during the 1st quarter worth about $203,000. Finally, Jane Street Group LLC boosted its stake in shares of NMI by 1,312.9% during the 1st quarter. Jane Street Group LLC now owns 224,152 shares of the financial services provider’s stock worth $8,081,000 after buying an additional 208,287 shares during the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting NMI

Here are the key news stories impacting NMI this week:

Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $50 and kept an “outperform” rating, signaling stronger upside expectations and supporting buy-side interest. KBW Raises PT to $50
Positive Sentiment: Zacks Research published a bullish estimate for NMI’s FY2027 earnings, which can lift investor sentiment around forward EPS growth and valuation. Zacks Bullish on FY2027
Positive Sentiment: Broad brokerage coverage still skews constructive — NMI was assigned an average rating of “Moderate Buy,” which supports demand from investors following analyst guidance. Moderate Buy by Brokers
Neutral Sentiment: NMI will report first-quarter 2026 results on April 30; the earnings event is likely a near-term catalyst that could swing the stock depending on credit performance and mortgage insurance trends. Q1 Results Announcement
Neutral Sentiment: Third‑party comparisons and industry write-ups (e.g., head-to-head with peers) are circulating but contain no immediately market-moving new data. Peer Comparison Article
Neutral Sentiment: Reported short-interest data is effectively meaningless (shows 0 shares / an obvious data anomaly), so there’s no evidence of a short squeeze or major short-covering that would explain big moves. (No reliable link — data entry flagged as 0/NaN.)
Negative Sentiment: JPMorgan trimmed its price target to $43 from $44 while maintaining an “overweight” rating — a small headwind that slightly reduces analyst-implied upside and may pressure short-term sentiment. JPMorgan Lowers PT to $43

NMI Stock Performance

NASDAQ:NMIH opened at $38.61 on Thursday. NMI has a 1 year low of $32.66 and a 1 year high of $43.20. The firm has a 50 day moving average of $38.63 and a 200-day moving average of $38.32. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $2.94 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 1.06 and a beta of 0.64.

NMI (NASDAQ:NMIH – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. NMI had a net margin of 55.05% and a return on equity of 15.78%. The firm had revenue of $180.74 million during the quarter, compared to analysts’ expectations of $180.69 million. During the same quarter in the previous year, the company posted $1.07 EPS. As a group, sell-side analysts anticipate that NMI will post 4.62 EPS for the current fiscal year.

About NMI

(Get Free Report)

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.