Have you been paying attention to shares of NMI Holdings (NMIH) ? Shares have been on the move with the stock up 7.6% over the past month. The stock hit a new 52-week high of $42.09 in the previous session. NMI Holdings has gained 38.7% since the start of the year compared to the 16.6% move for the Zacks Finance sector and the 27.8% return for the Zacks Insurance - Property and Casualty industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

EMERYVILLE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will host its annual Investor Day on Thursday, November 21, 2024, from 9:00 am to 11:30 am Eastern Time at the St. Regis Hotel in New York City. The event will be live streamed at NMIH 2024 Investor Day and on the company's website at https://ir.nationalmi.com/events-and-presentations. A replay of the webcast will be ar ...

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 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

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 Company Participants John Swenson - VP of IR & Treasury Bradley Shuster - Executive Chairman Adam Pollitzer - President & CEO Aurora Swithenbank - CFO Conference Call Participants 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 Operator Good day and welcome to the NMI Holdings Second Quarter 2024 Ear ...

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 ...