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Company Analysis

NMI Holdings Inc NMIH

A comprehensive view of key metrics, scores, and financial health for NMI Holdings Inc

Overview of NMI Holdings, Inc.

NMIH NGM
Financial Services Insurance - Specialty Mid Cap
NMI Holdings, Inc. (NMIH), is a Mid Cap company, in the Insurance - Specialty industry, last closed at $37.31, about 8.0% overvalued vs fair value, +5.5% 1Y return, ranked 403/1004 in sector.
$37.31
0.48%
As of March 13, 2026
Previous close • Vol 90d: 27.0%
52-Week Range
Market Cap
$2.91B
Enterprise Value
$3.28B
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.nationalmi.com
HQ EmeryVille, CA
Employees 225
Fiscal year Dec 31

Next Events

Earnings Apr 28 Estimated

Fair Value Snapshot

Bear Base Bull
$19
$34
$64
Current: $37.31 -8% vs base

Engine Room Money Flow™

Mid Cap

Financial Services - Where revenue goes and how value is created

Flow Steps
Interest Income
$3.9M
-22%%
Interest Expense
$28.5M
Net Interest Income
$-28.5M
22.8%%
Total Revenue
$706.4M
8.5%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Financial Services

Quality & Reliability Indicators

Return on Equity
15.0%
Excellent

Net Income / Equity - key bank profitability metric

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$105.1M
27.0% of Net Income

Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating NMI Holdings Inc's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
85
/100
Strong
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
74
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 93% Coverage
Trade-Off Triangle Visualization A ternary plot showing NMIH's balance between Growth (31.1%), Profitability (40.5%), and Safety (28.4%). Growth 31% Safety 28% Profitability 41%

Click axes to expand details. Marker shows current allocation.

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Growth

63th percentile vs peers
63
Key Signals
Rev Growth YoY 8.5% 61p Revenue CAGR 3Y 10.4% 66p EPS Growth YoY 11.1% 58p EPS CAGR 3Y 13.1% 69p
Strengths
  • Superior capital returns - 3 return metrics above peer median
  • Growth above peer median with strong metric coverage (90%)
  • Operating Margin in top 20% of peers (74.8%, 88th percentile)
  • Net Profit Margin in top 20% of peers (55.0%, 88th percentile)
Risks

No significant risks identified for this axis.

Profitability

82th percentile vs peers
83
Key Signals
Strengths
Risks
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Safety

57th percentile vs peers
58
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for NMI Holdings Inc.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$34.31
- - -
-8.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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