NMI (NMIH) Stock Forecast, Price Target & Predictions
NMIH Stock Forecast
NMI stock forecast is as follows: an average price target of $41.00 (represents a -0.17% downside from NMIH’s last price of $41.07) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
NMIH Price Target
The average price target for NMI (NMIH) is $41.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $47.00 to $36.00. This represents a potential -0.17% downside from NMIH's last price of $41.07.
NMIH Analyst Ratings
According to 7 Wall Street analysts, NMI's rating consensus is 'Hold'. The analyst rating breakdown for NMIH stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
NMI Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | Mark Dwelle | RBC Capital | $40.00 | $39.20 | 2.04% | -2.61% |
| Jul 31, 2024 | Mark Hughes | Truist Financial | $47.00 | $39.20 | 19.90% | 14.44% |
| Jul 31, 2024 | Terry Ma | Barclays | $43.00 | $39.20 | 9.69% | 4.70% |
| May 21, 2024 | Doug Harter | UBS | $39.00 | $33.77 | 15.49% | -5.04% |
| May 07, 2024 | Chris Gamaitoni | Compass Point | $36.00 | $33.41 | 7.75% | -12.34% |
| May 01, 2024 | Mark Dwelle | RBC Capital | $34.00 | $32.30 | 5.26% | -17.21% |
| Jan 06, 2023 | - | Barclays | $25.00 | $20.80 | 20.19% | -39.13% |
The latest NMI stock forecast, released on Jul 31, 2024 by Mark Dwelle from RBC Capital, set a price target of $40.00, which represents a 2.04% increase from the stock price at the time of the forecast ($39.20), and a -2.61% decrease from NMIH last price ($41.07).
NMI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $43.33 | $39.83 |
| Last Closing Price | $41.07 | $41.07 | $41.07 |
| Upside/Downside | -100.00% | 5.50% | -3.02% |
In the current month, the average price target of NMI stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NMI's last price of $41.07. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 31, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 09, 2024 | Barclays | Overweight | Overweight | Hold |
| May 21, 2024 | UBS | - | Neutral | Downgrade |
| May 07, 2024 | Compass Point | Buy | Buy | Hold |
| May 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Feb 15, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jan 06, 2023 | Barclays | - | Equal-Weight | Downgrade |
| Dec 06, 2022 | BTIG | - | Neutral | Downgrade |
| Oct 17, 2022 | Keefe, Bruyette & Woods | - | Market Perform | Downgrade |
NMI's last stock rating was published by RBC Capital on Jul 31, 2024. The company gave NMIH a "Sector Perform" rating, the same as its previous rate.
NMI Financial Forecast
NMI Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $148.16M | $142.69M | $136.78M | $1.11M | $130.58M | $133.24M | $127.53M | $125.18M | $124.04M | $121.42M | $114.99M | $108.52M | $107.35M | $106.71M | $113.61M | $102.27M | $102.73M |
| Avg Forecast | $214.72M | $208.77M | $202.99M | $197.36M | $154.16M | $151.74M | $148.77M | $146.29M | $145.53M | $143.02M | $138.49M | $133.76M | $131.70M | $128.18M | $123.95M | $121.22M | $122.14M | $123.97M | $119.80M | $116.65M | $114.75M | $119.60M | $112.14M | $106.38M | $104.42M | $97.17M | $98.36M | $99.28M | $98.38M | $88.69M |
| High Forecast | $243.89M | $237.13M | $230.56M | $224.17M | $175.10M | $172.35M | $168.98M | $166.17M | $165.30M | $143.35M | $157.30M | $151.93M | $132.50M | $143.26M | $140.79M | $137.69M | $138.73M | $140.81M | $127.98M | $124.61M | $122.58M | $127.77M | $119.80M | $113.64M | $111.54M | $103.80M | $105.07M | $106.05M | $105.10M | $94.75M |
| Low Forecast | $206.09M | $200.38M | $194.83M | $189.43M | $147.97M | $145.64M | $142.79M | $140.41M | $139.68M | $142.59M | $132.92M | $128.38M | $131.06M | $124.07M | $118.96M | $116.35M | $117.23M | $118.99M | $116.67M | $113.60M | $111.75M | $116.48M | $109.21M | $103.60M | $101.68M | $94.63M | $95.79M | $96.68M | $95.81M | $86.37M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.15% | 1.13% | 0.01% | 1.05% | 1.11% | 1.09% | 1.09% | 1.04% | 1.08% | 1.08% | 1.04% | 1.10% | 1.08% | 1.14% | 1.04% | 1.16% |
NMI's average Quarter revenue forecast for Dec 23 based on 3 analysts is $131.70M, with a low forecast of $131.06M, and a high forecast of $132.50M. NMIH's average Quarter revenue forecast represents a -11.11% decrease compared to the company's last Quarter revenue of $148.16M (Sep 23).
NMI EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $107.30M | $104.05M | $104.21M | $94.63M | $109.56M | $108.19M | $97.88M | $89.17M | $88.29M | $84.25M | $78.05M | $72.07M | $59.62M | $43.39M | $77.34M | $68.40M | $69.23M |
| Avg Forecast | $109.52M | $106.49M | $103.54M | $100.67M | $78.63M | $77.39M | $75.88M | $74.62M | $74.23M | $72.95M | $70.64M | $113.63M | $67.17M | $65.38M | $63.22M | $103.30M | $62.30M | $95.73M | $61.11M | $93.91M | $58.53M | $61.00M | $57.20M | $75.44M | $53.26M | $49.56M | $50.17M | $74.12M | $50.18M | $45.24M |
| High Forecast | $124.40M | $120.95M | $117.60M | $114.34M | $89.31M | $87.91M | $86.19M | $84.75M | $84.31M | $73.12M | $80.23M | $136.36M | $67.58M | $73.07M | $71.81M | $123.96M | $70.76M | $114.87M | $65.28M | $112.70M | $62.52M | $65.17M | $61.10M | $90.53M | $56.89M | $52.94M | $53.59M | $88.94M | $53.61M | $48.33M |
| Low Forecast | $105.12M | $102.20M | $99.37M | $96.62M | $75.47M | $74.28M | $72.83M | $71.62M | $71.25M | $72.73M | $67.80M | $90.91M | $66.85M | $63.28M | $60.68M | $82.64M | $59.79M | $76.58M | $59.51M | $75.13M | $57.00M | $59.41M | $55.70M | $60.36M | $51.86M | $48.27M | $48.86M | $59.29M | $48.87M | $44.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.64% | 1.65% | 1.01% | 1.52% | 1.14% | 1.77% | 1.04% | 1.52% | 1.45% | 1.47% | 1.03% | 1.35% | 1.20% | 0.86% | 1.04% | 1.36% | 1.53% |
3 analysts predict NMIH's average Quarter EBITDA for Dec 23 to be $67.17M, with a high of $67.58M and a low of $66.85M. This is -37.40% lower than NMI's previous annual EBITDA (Sep 23) of $107.30M.
NMI Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $83.95M | $80.28M | $74.46M | $72.94M | $76.84M | $75.44M | $67.68M | $60.52M | $60.19M | $57.52M | $52.89M | $48.27M | $38.18M | $26.85M | $58.27M | $50.20M | $49.76M |
| Avg Forecast | $113.79M | $114.09M | $106.94M | $103.66M | $98.42M | $98.18M | $96.67M | $94.65M | $92.41M | $92.15M | $85.18M | $78.57M | $77.84M | $74.91M | $68.97M | $71.43M | $68.28M | $65.27M | $61.93M | $64.94M | $57.35M | $57.54M | $52.15M | $51.13M | $41.26M | $29.51M | $26.30M | $55.84M | $57.31M | $50.62M |
| High Forecast | $133.88M | $134.24M | $125.82M | $121.96M | $115.80M | $115.52M | $113.74M | $111.36M | $108.72M | $94.66M | $100.22M | $94.29M | $79.48M | $80.60M | $81.15M | $85.72M | $80.34M | $78.32M | $67.43M | $77.92M | $62.44M | $62.64M | $56.77M | $61.35M | $44.92M | $32.13M | $28.64M | $67.01M | $62.40M | $55.11M |
| Low Forecast | $107.84M | $108.13M | $101.35M | $98.24M | $93.28M | $93.05M | $91.61M | $89.70M | $87.58M | $89.63M | $80.73M | $62.86M | $77.02M | $70.84M | $65.37M | $57.14M | $64.71M | $52.21M | $59.83M | $51.95M | $55.40M | $55.58M | $50.37M | $40.90M | $39.85M | $28.51M | $25.41M | $44.67M | $55.37M | $48.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.16% | 1.04% | 1.07% | 1.18% | 1.22% | 1.04% | 1.06% | 1.05% | 1.10% | 1.03% | 1.17% | 1.29% | 1.02% | 1.04% | 0.88% | 0.98% |
NMI's average Quarter net income forecast for Dec 23 is $77.84M, with a range of $77.02M to $79.48M. NMIH's average Quarter net income forecast represents a -7.28% decrease compared to the company's last Quarter net income of $83.95M (Sep 23).
NMI SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.09M | $734.00K | $937.00K | - |
| Avg Forecast | $1.00M | $974.99K | $947.97K | $921.70K | $719.95K | $708.62K | $694.78K | $683.21K | $679.65K | $667.90K | $646.76K | $624.65K | $615.03K | $598.61K | $578.85K | $566.10K | $570.40K | $578.95K | $559.48K | $544.75K | $535.90K | $558.56K | $523.71K | $496.79K | $487.63K | $453.79K | $459.34K | $703.42K | $459.47K | $414.21K |
| High Forecast | $1.14M | $1.11M | $1.08M | $1.05M | $817.75K | $804.88K | $789.16K | $776.02K | $771.97K | $669.45K | $734.61K | $709.50K | $618.81K | $669.04K | $657.48K | $643.00K | $647.89K | $657.60K | $597.67K | $581.93K | $572.48K | $596.69K | $559.45K | $530.70K | $520.91K | $484.76K | $490.69K | $844.10K | $490.83K | $442.48K |
| Low Forecast | $962.46K | $935.79K | $909.86K | $884.65K | $691.01K | $680.13K | $666.85K | $655.74K | $652.33K | $665.92K | $620.75K | $599.54K | $612.08K | $579.41K | $555.58K | $543.35K | $547.47K | $555.68K | $544.85K | $530.50K | $521.88K | $543.95K | $510.01K | $483.80K | $474.88K | $441.92K | $447.33K | $562.73K | $447.45K | $403.38K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.37% | 1.04% | 2.04% | - |
NMI's average Quarter SG&A projection for Sep 20 is $453.79K, based on 5 Wall Street analysts, with a range of $441.92K to $484.76K. The forecast indicates a -58.37% fall compared to NMIH last annual SG&A of $1.09M (Jun 20).
NMI EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02 | $0.97 | $0.89 | $0.87 | $0.91 | $0.88 | $0.79 | $0.71 | $0.70 | $0.67 | $0.62 | $0.57 | $0.45 | $0.36 | $0.85 | $0.74 | $0.73 |
| Avg Forecast | $1.40 | $1.40 | $1.32 | $1.27 | $1.21 | $1.21 | $1.19 | $1.16 | $1.14 | $1.13 | $1.05 | $0.98 | $0.96 | $0.92 | $0.85 | $0.82 | $0.84 | $0.81 | $0.76 | $0.74 | $0.71 | $0.71 | $0.64 | $0.60 | $0.51 | $0.36 | $0.32 | $0.67 | $0.70 | $0.62 |
| High Forecast | $1.65 | $1.65 | $1.55 | $1.50 | $1.42 | $1.42 | $1.40 | $1.37 | $1.34 | $1.16 | $1.23 | $1.15 | $0.98 | $0.99 | $1.00 | $0.97 | $0.99 | $0.95 | $0.83 | $0.80 | $0.77 | $0.77 | $0.70 | $0.65 | $0.55 | $0.40 | $0.35 | $0.73 | $0.77 | $0.68 |
| Low Forecast | $1.33 | $1.33 | $1.25 | $1.21 | $1.15 | $1.14 | $1.13 | $1.10 | $1.08 | $1.10 | $0.99 | $0.93 | $0.95 | $0.87 | $0.80 | $0.78 | $0.80 | $0.76 | $0.74 | $0.71 | $0.68 | $0.68 | $0.62 | $0.58 | $0.49 | $0.35 | $0.31 | $0.65 | $0.68 | $0.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.14% | 1.08% | 1.04% | 1.13% | 1.16% | 1.07% | 1.01% | 0.99% | 1.04% | 1.04% | 1.12% | 1.24% | 1.11% | 1.27% | 1.05% | 1.17% |
According to 3 Wall Street analysts, NMI's projected average Quarter EPS for Dec 23 is $0.96, with a low estimate of $0.95 and a high estimate of $0.98. This represents a -6.13% decrease compared to NMIH previous annual EPS of $1.02 (Sep 23).
NMI Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MBI | MBIA | $3.59 | $14.00 | 289.97% | Buy |
| JRVR | James River Group | $6.81 | $10.67 | 56.68% | Buy |
| ESNT | Essent Group | $63.72 | $73.75 | 15.74% | Buy |
| AGO | Assured Guaranty | $80.18 | $84.00 | 4.76% | Buy |
| NMIH | NMI | $41.07 | $41.00 | -0.17% | Hold |
| MTG | MGIC Investment | $25.25 | $20.67 | -18.14% | Buy |
| RDN | Radian Group | $35.13 | $27.63 | -21.35% | Buy |
NMIH Forecast FAQ
Is NMI a good buy?
No, according to 7 Wall Street analysts, NMI (NMIH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of NMIH's total ratings.
What is NMIH's price target?
NMI (NMIH) average price target is $41 with a range of $36 to $47, implying a -0.17% from its last price of $41.07. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NMI stock go up soon?
According to Wall Street analysts' prediction for NMIH stock, the company can go down by -0.17% (from the last price of $41.07 to the average price target of $41), up by 14.44% based on the highest stock price target, and down by -12.34% based on the lowest stock price target.
Can NMI stock reach $60?
NMIH's average twelve months analyst stock price target of $41 does not support the claim that NMI can reach $60 in the near future.
What are NMI's analysts' financial forecasts?
NMI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $600.97M (high $682.6M, low $576.81M), average EBITDA is $306.53M (high $348.17M, low $294.2M), average net income is $387.92M (high $456.42M, low $367.65M), average SG&A $2.81M (high $3.19M, low $2.69M), and average EPS is $4.77 (high $5.61, low $4.52). NMIH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $823.84M (high $935.76M, low $790.72M), average EBITDA is $420.21M (high $477.29M, low $403.31M), average net income is $438.47M (high $515.9M, low $415.55M), average SG&A $3.85M (high $4.37M, low $3.69M), and average EPS is $5.39 (high $6.35, low $5.11).
Did the NMIH's actual financial results beat the analysts' financial forecasts?
Based on NMI's last annual report (Dec 2022), the company's revenue was $1.11M, which missed the average analysts forecast of $482.56M by -99.77%. Apple's EBITDA was $410.26M, beating the average prediction of $313.04M by 31.05%. The company's net income was $292.9M, beating the average estimation of $260.42M by 12.47%. Apple's SG&A was $0, missing the average forecast of $2.25M by -100.00%. Lastly, the company's EPS was $3.45, beating the average prediction of $3.15 by 9.64%. In terms of the last quarterly report (Sep 2023), NMI's revenue was $148.16M, beating the average analysts' forecast of $128.18M by 15.59%. The company's EBITDA was $107.3M, beating the average prediction of $65.38M by 64.12%. NMI's net income was $83.96M, beating the average estimation of $74.91M by 12.08%. The company's SG&A was $0, missing the average forecast of $598.61K by -100.00%. Lastly, the company's EPS was $1.02, beating the average prediction of $0.921 by 10.71%