NMI Holdings Financials

NMIH Stock  USD 39.13  0.58  1.50%   
Based on the key indicators related to NMI Holdings' liquidity, profitability, solvency, and operating efficiency, NMI Holdings is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in March. As of now, NMI Holdings' Retained Earnings are increasing as compared to previous years. The NMI Holdings' current Accounts Payable is estimated to increase to about 104.1 M, while Short and Long Term Debt Total is projected to decrease to under 297.9 M. Key indicators impacting NMI Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio7.247.62
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for NMI Holdings includes many different criteria found on its balance sheet. An individual investor should monitor NMI Holdings' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NMI Holdings.

Net Income

388.95 Million

  

NMI Holdings Stock Summary

NMI Holdings competes with MGIC Investment, Employers Holdings, James River, ICC Holdings, and AMERISAFE. NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California. Nmi Holdings operates under InsuranceSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 246 people.
Specialization
Financial Services, Insurance - Specialty
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6292093050
CUSIP629209305
LocationCalifornia; U.S.A
Business Address2100 Powell Street,
SectorFinancial Services
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.nationalmi.com
Phone855 530 6642
CurrencyUSD - US Dollar

NMI Holdings Key Financial Ratios

NMI Holdings Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.2B2.5B2.5B3.0B3.4B3.6B
Net Debt271.9M321.1M353.8M312.3M359.2M377.1M
Retained Earnings377.0M608.1M901.0M1.2B1.4B1.5B
Accounts Payable61.7M72M74.6M86.2M99.1M104.1M
Cash121.4M73.5M42.3M96.7M87.0M71.8M
Other Assets(1.7B)(1.9B)368.6M1.00.90.95
Other Current Assets294.2M323.8M861.9M617.9M710.6M746.2M
Total Liab505.9M558.8M902.3M1.0B1.2B1.3B
Total Current Assets2.0B2.2B2.1B617.9M710.6M1.0B
Short Term Debt1.5M4.0M2.6M2.6M2.3M2.2M
Common Stock852K858K865K873K1.0M702.2K
Other Liab66.6M124.0M169.8M194.0M223.1M234.3M
Intangible Assets33.3M35.7M35.6M390K448.5K426.1K
Other Current Liab13.7M13.7M(154.4M)10.3M9.2M8.8M
Long Term Debt402.0M394.6M396.1M397.6M457.2M232.9M
Net Receivables67.4M80.7M91.3M104.0M119.6M125.5M
Inventory(294.2M)(323.8M)(796.6M)(437.3M)(393.5M)(373.9M)
Net Tangible Assets926.8M1.4B1.6B1.6B1.9B973.2M
Long Term Debt Total160.1M402.0M400.2M398.7M458.5M279.4M
Capital Surpluse707.0M937.9M955.3M972.7M1.1B823.3M

NMI Holdings Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense24.4M31.8M32.2M32.2M37.0M38.9M
Total Revenue436.2M485.6M524.5M579.0M665.9M699.1M
Gross Profit436.2M485.6M524.5M579.0M665.9M699.1M
Operating Income214.8M294.7M398.4M577.0M663.6M696.7M
Ebit242.5M328.5M409.5M444.9M511.7M537.2M
Ebitda252.4M339.8M421.3M456.5M524.9M551.2M
Cost Of Revenue(5.5M)(12.5M)(59.2M)12.3M11.1M11.6M
Income Before Tax218.1M296.7M377.3M412.7M474.6M498.3M
Net Income171.6M231.1M292.9M322.1M370.4M388.9M
Income Tax Expense46.5M65.6M84.4M90.6M104.2M109.4M
Tax Provision46.5M65.6M84.4M90.6M104.2M109.4M
Net Interest Income(24.4M)(31.8M)(32.2M)(32.2M)(29.0M)(30.4M)

NMI Holdings Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash85.8M(50.3M)(32.2M)52.3M47.0M49.4M
Free Cash Flow240.4M313.5M302.8M333.3M383.3M402.5M
Depreciation9.9M11.2M11.9M11.5M13.3M8.7M
Other Non Cash Items3.9M7.3M6.0M2.5M2.8M4.3M
Capital Expenditures12.2M12.2M10.6M9.4M10.8M9.7M
Net Income171.6M231.1M292.9M322.1M370.4M388.9M
End Period Cash Flow126.9M76.6M44.4M96.7M87.0M78.7M
Change To Inventory(10.4M)(3.9M)(18.1M)(16.9M)(15.2M)(14.5M)
Investments42.2M(361.9M)(279.2M)(225.6M)(203.0M)(192.9M)
Change Receivables(11.2M)(19.4M)(15.3M)(12.8M)(11.5M)(12.1M)
Change To Netincome66.8M54.7M87.6M98.7M113.5M119.2M

NMI Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NMI Holdings's current stock value. Our valuation model uses many indicators to compare NMI Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NMI Holdings competition to find correlations between indicators driving NMI Holdings's intrinsic value. More Info.
NMI Holdings is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NMI Holdings is roughly  1.76 . As of now, NMI Holdings' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NMI Holdings' earnings, one of the primary drivers of an investment's value.

NMI Holdings Systematic Risk

NMI Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NMI Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on NMI Holdings correlated with the market. If Beta is less than 0 NMI Holdings generally moves in the opposite direction as compared to the market. If NMI Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NMI Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NMI Holdings is generally in the same direction as the market. If Beta > 1 NMI Holdings moves generally in the same direction as, but more than the movement of the benchmark.

NMI Holdings Thematic Clasifications

NMI Holdings is part of Insurance investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Insurance industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
InsuranceView
This theme covers USA Equities from Insurance industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in NMI Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NMI Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NMI Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.54

As of now, NMI Holdings' Price Earnings To Growth Ratio is increasing as compared to previous years.

NMI Holdings January 31, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NMI Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NMI Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of NMI Holdings based on widely used predictive technical indicators. In general, we focus on analyzing NMI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NMI Holdings's daily price indicators and compare them against related drivers.

Complementary Tools for NMI Stock analysis

When running NMI Holdings' price analysis, check to measure NMI Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NMI Holdings is operating at the current time. Most of NMI Holdings' value examination focuses on studying past and present price action to predict the probability of NMI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMI Holdings' price. Additionally, you may evaluate how the addition of NMI Holdings to your portfolios can decrease your overall portfolio volatility.
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