NMI (US:NMIH) ZACKS·2025-02-06 23:30Core Insights - NMI Holdings (NMIH) reported a revenue of $166.5 million for the quarter ended December 2024, reflecting a 10% increase year-over-year, but fell short of the Zacks Consensus Estimate by -1.65% [1] - The earnings per share (EPS) for the quarter was $1.07, an increase from $1.01 in the same quarter last year, but also missed the consensus estimate of $1.11 by -3.60% [1] Financial Performance Metrics - Insurance in force (IIF) was reported at $210.18 billion, slightly below the average estimate of $210.88 billion from three analysts [4] - Risk in force (RIF) stood at $56.11 billion, exceeding the average estimate of $55.53 billion [4] - The combined ratio was 33.7%, slightly higher than the average estimate of 33.3% [4] - The loss ratio was reported at 12%, better than the estimated 12.3% [4] - The expense ratio was 21.7%, compared to the average estimate of 21% [4] - Net investment income reached $22.72 million, which is a year-over-year increase of +24.5%, but slightly below the average estimate of $22.80 million [4] - Net premiums earned were $143.52 million, lower than the average estimate of $146.26 million, but represented an 8% year-over-year increase [4] - Other revenues were reported at $0.23 million, matching the average estimate and showing a +20.7% change compared to the year-ago quarter [4] Stock Performance - NMI Holdings' shares have returned +9.5% over the past month, outperforming the Zacks S&P 500 composite, which saw a +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]