NMIH

NMI Holdings' strong insurance growth, credit performance and capital position support earnings, with buybacks adding to shareholder value.

NMI Holdings has outperformed, reaching a 52-week high and surpassing my $42 price target, driven by strong credit performance and market share gains. NMIH's prudent underwriting, low default rates, and robust balance sheet underpin resilience, though credit losses are expected to gradually rise as legacy policies diminish. Despite a healthy labor market and incremental investment income tailwinds, NMIH's more aggressive growth strategy increases exposure to potential home price declines.

NMIH beat Q2 earnings estimates as premium growth, stronger investment income and lower claims lifted revenues and profitability.

EMERYVILLE, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $105.8 million, or $1.38 per diluted share, for the second quarter ended June 30, 2026, compared to $99.3 million, or $1.28 per diluted share, for the first quarter ended March 31, 2026 and $96.2 million, or $1.21 per diluted share, for the second quarter ended June 30, 2025. Adjusted net income for the quarter was $106.0 million, or $1.38 per diluted share, compared to $99.4 million, or $1.28 per diluted share, for the first quarter ended March 31, 2026 and $96.5 million, or $1.22 per diluted share, for the second quarter ended June 30, 2025.

NMI Holdings (NMIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NMIH is leveraging its mortgage insurance business to drive recurring premium revenues, underwriting profitability and long-term growth.

NMI Holdings benefits from rising mortgage insurance activity and record insurance in force, supporting premium and earnings growth.

EMERYVILLE, Calif., May 26, 2026 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ:NMIH) announced today that Adam Pollitzer, the company's President and Chief Executive Officer will be participating in Moody's US Housing Executive Series to be broadcast on May 28th at 1pm ET. A copy of the broadcast will be available on Moody's website at https://events.moodys.com/2026-miu26527-us-housing-series-iii.

NMI Holdings is upgraded to "buy" after recent share underperformance, with valuation now attractive at under 8x earnings and 1.1x book value. Earnings are expected to moderate as legacy low-loss policies shrink and new business faces higher normalized loss ratios, but credit deterioration should remain manageable. NMIH benefits from a strong balance sheet, conservative underwriting, and rising investment income, supporting continued buybacks and capital flexibility.

NMI Holdings remains poised to gain from higher new insurance written volume, a comprehensive reinsurance program and prudent capital deployment.