A month has gone by since the last earnings report for NMI Holdings (NMIH) . Shares have added about 2.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is NMI Holdings due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. NMI Holdings Q2 Earnings and Revenues Beat Estim ...

EMERYVILLE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (Nasdaq:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today provided guidance on its capital position under the revised Private Mortgage Insurer Eligibility Requirements (PMIERs) released by Fannie Mae and Freddie Mac (the GSEs), and the Federal Housing Finance Administration (FHFA) on August 21, 2024. As previously disclosed, at June 30, 2024, National MI had PMIERs total available assets of $2,8 ...

Shares of NMI Holdings (NMIH) have rallied 28.9% year to date, outperforming the industry's increase of 24.6%, the Finance sector's increase of 11.6% and the S&P 500 composite's rise of 17.5%. An improving mortgage insurance portfolio, higher new insurance written volume, a comprehensive reinsurance program, its solid capital position and effective capital deployment drive this Zacks Rank #2 (Buy) stock. This mortgage insurer has a decent history of delivering surprises in the last six quarters. NMIH's retu ...

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NMI Holdings (NMIH) reported second-quarter 2024 operating net income per share of $1.20, which beat the Zacks Consensus Estimate by 15.4%. The bottom line increased 26.3% year over year. The quarterly results reflected higher premiums and net investment income, and increased persistency, which drove growth in the company's high-quality insured portfolio. Operational Update NMI Holdings' total operating revenues of $162 million increased 13.3% year over year on higher net premiums earned (up 12%) and net in ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET John Swenson - VP of IR & Treasury Bradley Shuster - Executive Chairman Adam Pollitzer - President & CEO Aurora Swithenbank - CFO Doug Harter - UBS Mihir Bhatia - Bank of America Rick Shane - JPMorgan Bose George - KBW Soham Bhonsle - BTIG Mark Hughes - Truist Scott Heleniak - RBC Capital Markets Good day and welcome to the NMI Holdings Second Quarter 2024 Earnings Conference Call. All participants will be in a listen ...

The reported revenue compares to the Zacks Consensus Estimate of $158.78 million, representing a surprise of +2.11%. The company delivered an EPS surprise of +15.38%, with the consensus EPS estimate being $1.04. : $203.50 billion compared to the $204.65 billion average estimate based on three analysts. Loss ratio : $20.69 million versus $20.55 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +25.3% change. Other Revenues Shares of NMI Holdings have r ...

NMI Holdings (NMIH) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was expected that this mortgage insurance company would post earnings of $0.96 per share when it actually produced earnings of $1.08, delivering a surprise of 12.50%. Over the last four quar ...

The "claims incurred" section of the table above shows claims and claim expenses incurred on defaults occurring in current and prior years, including IBNR reserves and is presented net of reinsurance. We may increase or decrease our claim estimates and reserves as we learn additional information about individual defaulted loans and continue to observe and analyze loss development trends in our portfolio. Gross reserves of $61.4 million related to prior year defaults remained as of June 30, 2024. Ending defa ...

EXHIBIT 99.1 EMERYVILLE, Calif., Jul. 30, 2024 -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $92.1 million, or $1.13 per diluted share, for the second quarter ended June 30, 2024, compared to $89.0 million, or $1.08 per diluted share, for the first quarter ended March 31, 2024 and $80.3 million, or $0.95 per diluted share, for the second quarter ended June 30, 2023. Adjusted net income for the quarter was $97.6 million, or $1.20 per diluted share, compared to $89.0 million, or $1.08 per ...