NMI Holdings, Inc.
NMIHNasdaq
$43.01
↑ +1.2%Jul 17 close · end-of-day
Price
1Y↑ +14.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.3B
Enterprise Value
$3.3B
P/E
8.7
P/S
4.6
P/B
1.3
EV/EBITDA
—
PEG
0.7
FCF Yield
12.8%
Dividend Yield
—
Revenue (TTM)
$716.7M
Net Income (TTM)
$385.7M
Free Cash Flow (TTM)
$428.1M
Gross Margin
—
Operating Margin
—
Net Margin
53.8%
ROE
14.6%
ROIC
—
Debt / Equity
—
Net Cash
—
Return 1Y
+13.6%
Company profile
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders.
- CEO
- Adam Pollitzer
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Insurance
- Employees
- 234
- Headquarters
- California
- Website
- nationalmi.com
Management & directors
- Swithenbank AuroraEVP, Chief Financial Officer
- Shuster Bradley MExecutive Chairman
- Realmuto Nicholas DanielSVP, Controller
- Leatherberry William JChief Admin. Officer & GC
- Fitzgerald Norman PeterEVP, Chief Sales Officer
- Yousaf Mohammad NawazEVP, Chief of Ops and Tech
- Pollitzer AdamChief Executive Officer
- Smith Robert OwenEVP, Chief Risk Officer
Roles derived from SEC Form 4 filings.
Earnings
NMIH Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$183.5M↑ +5.9%
Diluted EPS$1.280.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $433.3M | $485.1M | $523.3M | $579.0M | $651.0M | $706.4M |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $171.6M | $231.1M | $292.9M | $322.1M | $360.1M | $388.9M |
| Diluted EPS | $2.13 | $2.65 | $3.39 | $3.84 | $4.43 | $4.92 |
| Operating cash flow | $252.6M | $325.7M | $313.4M | $342.7M | $393.6M | $419.3M |
| Free cash flow | $240.4M | $313.5M | $302.8M | $333.3M | $386.7M | $412.5M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | 39.6% | 47.6% | 56.0% | 55.6% | 55.3% | 55.1% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $162.1M | $166.1M | $166.5M | $173.2M | $173.8M | $178.7M | $180.7M | $183.5M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $92.1M | $92.8M | $86.2M | $102.6M | $96.2M | $96.0M | $94.2M | $99.3M |
| Diluted EPS | $1.13 | $1.15 | $1.07 | $1.28 | $1.21 | $1.22 | $1.21 | $1.28 |
| Operating cash flow | $117.8M | $128.4M | $35.8M | $101.2M | $128.4M | $128.0M | $61.7M | $116.1M |
| Free cash flow | $115.9M | $126.9M | $34.4M | $99.4M | $126.7M | $126.3M | $60.1M | $115.0M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 56.8% | 55.9% | 51.8% | 59.2% | 55.3% | 53.7% | 52.1% | 54.1% |
Company news
Jul 12, 2026
Jul 10, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-19 | Montgomery Michael Curry | Sale | 1,554 | $37.90 | $58,896.76 | filing |
| 2026-05-14 | EMBLER MICHAEL J | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-14 | Montgomery Michael Curry | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-14 | SCHEID STEVEN | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-14 | McCreary Lynn S. | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-14 | Huskins Priya Cherian | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-14 | Erickson John C | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-14 | Agrawal Renu | Award | 4,512 | $0.00 | $0.00 | filing |
| 2026-05-08 | Swithenbank Aurora· EVP, Chief Financial Officer | Tax withholding | 2,922 | $0.00 | $0.00 | filing |
| 2026-05-01 | Swithenbank Aurora· EVP, Chief Financial Officer | Tax withholding | 9,135 | $0.00 | $0.00 | filing |
| 2026-03-24 | SHUSTER BRADLEY M· Executive Chairman | Sale | 18,953 | $37.35 | $707,832.01 | filing |
| 2026-03-23 | SHUSTER BRADLEY M· Executive Chairman | Option exercise | 55,156 | $11.10 | $612,231.60 | filing |
| 2026-03-23 | SHUSTER BRADLEY M· Executive Chairman | Tax withholding | 36,203 | $0.00 | $0.00 | filing |
| 2026-03-19 | SHUSTER BRADLEY M· Executive Chairman | Sale | 18,996 | $37.05 | $703,885.38 | filing |
| 2026-03-18 | SHUSTER BRADLEY M· Executive Chairman | Option exercise | 55,158 | $11.10 | $612,253.80 | filing |
| 2026-03-18 | SHUSTER BRADLEY M· Executive Chairman | Tax withholding | 36,162 | $0.00 | $0.00 | filing |
| 2026-03-15 | Realmuto Nicholas Daniel· SVP, Controller | Award | 3,882 | $0.00 | $0.00 | filing |
| 2026-03-15 | Realmuto Nicholas Daniel· SVP, Controller | Tax withholding | 1,042 | $0.00 | $0.00 | filing |
| 2026-03-15 | Realmuto Nicholas Daniel· SVP, Controller | Tax withholding | 772 | $0.00 | $0.00 | filing |
| 2026-03-15 | Realmuto Nicholas Daniel· SVP, Controller | Tax withholding | 565 | $0.00 | $0.00 | filing |
| 2026-03-15 | Realmuto Nicholas Daniel· SVP, Controller | Tax withholding | 674 | $0.00 | $0.00 | filing |
| 2026-03-12 | SHUSTER BRADLEY M· Executive Chairman | Sale | 18,976 | $36.58 | $694,147.77 | filing |
| 2026-03-11 | SHUSTER BRADLEY M· Executive Chairman | Option exercise | 55,158 | $11.10 | $612,253.80 | filing |
| 2026-03-11 | SHUSTER BRADLEY M· Executive Chairman | Tax withholding | 36,182 | $0.00 | $0.00 | filing |
| 2026-03-05 | SHUSTER BRADLEY M· Executive Chairman | Sale | 19,430 | $38.91 | $755,943.58 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.