NMI Holdings, Inc.

Fundamentals8.0
Price Action5.0
News Sentiment6.0
AI Rating
6.0

Key Drivers

  • High margins
  • Strong FCF
  • Limited cash

AI
AI Summary

6.0

View NMIH as a value/earnings compounder — its investment case now rests on repeatable, high free cash flow and margins rather than NIW growth, so valuation upside requires sustained underwriting discipline and steady investment income. Monitor next quarters for falling loss ratios, upward EPS revisions, or explicit buyback guidance as the catalysts to re-rate; conversely, reserve deterioration or widening investment marks would quickly reverse the thesis.

CashFlow
UnderwritingRisk
ReRating‍

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

8.0

Key Financial Insights:

  • High margins
  • Strong FCF
  • Limited cash

NMIH delivers very strong margins and FCF, healthy returns and modest leverage alongside a low PE/EV implying undervaluation, but limited cash vs. debt and concentrated investments warrant scrutiny.

Undervalued
LiquidityRisk

Price Behavior

5.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Below last month SMA
  • Lower highs/lows
  • Tight range

NMIH has slipped below its last‑month SMA (~$38.30), trading in a tight $36.80–$39.80 range with weakening momentum and a ~5.8% drop from 2026-02-20 to 2026-03-20, so a sustained break below the 3/20 low would be bearish while a mean‑reversion to the SMA or a retest of $39.6–$39.8 resistance is possible if selling eases.

Bearish
Rangebound
Support Level: $36.80
Resistance Level: $39.60–$39.80

Declined ~5.8% from 2026-02-20 to 2026-03-20; break below the 3/20 low would confirm further downside

Sentiment & News

6.0

Key News Insights:

  • Institutional accumulation
  • Insider selling
  • Short-term weakness

NMIH highlights growth and risk-management initiatives amid mixed institutional flows, but the stock has seen a near-term ~9.5% pullback since earnings.

Growth
Pullback

Positive operational progress and reinvestment plans support medium-term recovery, but recent selling and stock weakness may keep near-term pressure on the shares