NMI Holdings, Inc. (NASDAQ:NMIH) Q3 2024 Earnings Call November 6, 2024 5:00 PM ET Company Participants John Swenson - Investor Relations Brad Shuster - Executive Chairman Adam Pollitzer - President and Chief Executive Officer Aurora Swithenbank - Chief Financial Officer Conference Call Participants Terry Ma - Barclays Bose George - KBW Doug Harter - UBS Maxwell Fritscher - Truist Geoffrey Dunn - Dowling Rick Shane - JPMorgan Operator Good day, and welcome to the NMI Holdings Third Quarter 2024 Earnings Con ...

NMI Holdings (NMIH) reported $166.09 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 12.1%. EPS of $1.15 for the same period compares to $1.00 a year ago.The reported revenue represents a surprise of +0.92% over the Zacks Consensus Estimate of $164.59 million. With the consensus EPS estimate being $1.10, the EPS surprise was +4.55%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

NMI Holdings (NMIH) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this mortgage insurance company would post earnings of $1.04 per share when it actually produced earnings of $1.20, delivering a surprise of 15.38%.Over the last four quarters, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ | --- | --- | |-------------------------------------------------------------|-----------------------------------| | | | | | Commission fi ...

EXHIBIT 99.1 FOR IMMEDIATE RELEASE NMI Holdings, Inc. Reports Third Quarter 2024 Financial Results; Announces New Reinsurance Agreements EMERYVILLE, Calif., Nov. 6, 2024 -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $92.8 million, or $1.15 per diluted share, for the third quarter ended September 30, 2024, compared to $92.1 million, or $1.13 per diluted share, for the second quarter ended June 30, 2024 and $84.0 million, or $1.00 per diluted share, for the third quarter ended September 30 ...

EMERYVILLE, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $92.8 million, or $1.15 per diluted share, for the third quarter ended September 30, 2024, compared to $92.1 million, or $1.13 per diluted share, for the second quarter ended June 30, 2024 and $84.0 million, or $1.00 per diluted share, for the third quarter ended September 30, 2023. Adam Pollitzer, President and Chief Executive Officer of National MI, said, “In the third quarter, we again del ...

A downtrend has been apparent in NMI Holdings (NMIH) lately with too much selling pressure. The stock has declined 6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for ...

In our previous report , we examined the performance of insurance giant Arch Capital Group Ltd. ( ACGL ), which is highly exposed to the mortgage insurance market. Today, we will examine NMI Holdings, Inc. (Pythia Research offers a unique perspective by combining a deep social sciences and psychology background with hands-on portfolio management and stock analysis expertise. Initially rooted in the behavioral sciences, Pythia’s journey began with a passion for understanding human behavior, particularly how ...

EMERYVILLE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will report results for its third quarter ended September 30, 2024 after the market close on Wednesday, November 6, 2024. The company will hold a conference call and live webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. The webcast will be available on the company's website at https://ir.nationalmi.com/events- ...

Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either NMI Holdings (NMIH) or Kinsale Capital Group, Inc. (KNSL) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive ...