Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
NMIH
STRONG BUYAPPROVENMI Holdings, Inc. · Financial Services · United States · $3.2B · Avg Vol: $25M/d
NMI Holdings writes US private mortgage insurance on a high-credit-quality book built entirely post-crisis, generating strong returns with a good quality score (Q76), excess capital and consistent buybacks. The insider selling recorded is negligible. Nothing adverse is known on accounting, solvency or governance.
COMPANY DESCRIPTION
NMI Holdings, Inc. operates as a leading provider of private mortgage insurance in the United States, offering credit enhancement to lenders and enabling broader access to homeownership. The company differentiates itself through a modern technology platform, competitive pricing, and strong customer relationships with mortgage originators, which together enhance efficiency and risk management. As a newer, tech-forward entrant, NMIH has rapidly grown its market share through innovative solutions and disciplined underwriting.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 524.5M | 579.0M | 651.0M | 706.4M | 10.4% | 716.7M | 746.1M | 780.8M | 5.1% |
| EPS | 3.45 | 3.91 | 4.51 | 5.01 | 13.2% | 4.88 | 5.22 | 5.45 | 4.3% |
| Shares | 83.5M | 80.9M | 78.6M | 76.3M | -8.7% | 76.0M | — | — | — |
| Debt | 396.1M | 397.6M | 415.1M | 417.0M | 1.7% | 425.6M | — | — | — |
| Equity | 1.6B | 1.9B | 2.2B | 2.6B | 17.1% | — | — | — | — |
| Op CF | 313.4M | 342.7M | 393.6M | 419.3M | 10.2% | 434.2M | — | — | — |
| Inv CF | -289.8M | -200.0M | -339.3M | -316.5M | — | — | — | — | — |
| Fin CF | -55.8M | -90.4M | -96.7M | -113.2M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of NMIH are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| NMIH | NMI Holdings, Inc.(you) | $3.2B | 88 | STRONG BUY |
| RDN | Radian Group Inc. | $5.1B | 84 | STRONG BUY |
| MTG | MGIC Investment Corporation | $6.3B | 88 | STRONG BUY |
| ACT | Enact Holdings, Inc. | $6.5B | 81 | STRONG BUY |
| FAF | First American Financial Corporation | $7.7B | 95 | STRONG BUY |
| ITIC | Investors Title Company | $533M | 85 | STRONG BUY |
| FNF | Fidelity National Financial, Inc. | $13.9B | 56 | HOLD |
| EIG | Employers Holdings, Inc. | $908M | 32 | SELL |
| AMSF | AMERISAFE, Inc. | $569M | 38 | HOLD |
| RYAN | Ryan Specialty Holdings, Inc. | $11.0B | 27 | SELL |
Peer medians: ROE 9.4% · P/E 13.9x · Gross margin 100.0%