NMI (NMIH) Stock Forecast, Price Target & Predictions


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NMIH Stock Forecast


NMI stock forecast is as follows: an average price target of $42.60 (represents a 9.99% upside from NMIH’s last price of $38.73) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

NMIH Price Target


The average price target for NMI (NMIH) is $42.60 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $36.00. This represents a potential 9.99% upside from NMIH's last price of $38.73.

NMIH Analyst Ratings


Buy

According to 7 Wall Street analysts, NMI's rating consensus is 'Buy'. The analyst rating breakdown for NMIH stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

NMI Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 17, 2024Scott HeleniakRBC Capital--16.65%23.93%
Jul 31, 2024Mark DwelleRBC Capital--2.04%3.28%
Jul 31, 2024Mark HughesTruist Financial--19.90%21.35%
Jul 31, 2024Terry MaBarclays--9.69%11.03%
May 21, 2024Doug HarterUBS--15.49%0.70%
May 07, 2024Chris GamaitoniCompass Point--7.75%-7.05%
May 01, 2024Mark DwelleRBC Capital--5.26%-12.21%
Jan 06, 2023Barclays--20.19%-35.45%
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The latest NMI stock forecast, released on Sep 17, 2024 by Scott Heleniak from RBC Capital, set a price target of $48.00, which represents a 16.65% increase from the stock price at the time of the forecast ($41.15), and a 23.93% increase from NMIH last price ($38.73).

NMI Price Target by Period


1M3M12M
# Anlaysts-17
Avg Price Target-$48.00$41.00
Last Closing Price$38.73$38.73$38.73
Upside/Downside-100.00%23.93%5.86%

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 $38.73. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2024BarclaysOverweightOverweightHold
Sep 17, 2024RBC CapitalSector PerformOutperformUpgrade
Jul 31, 2024RBC CapitalSector PerformSector PerformHold
Jul 31, 2024BarclaysOverweightOverweightHold
Jul 09, 2024BarclaysOverweightOverweightHold
May 21, 2024UBSNeutralDowngrade
May 07, 2024Compass PointBuyBuyHold
May 01, 2024RBC CapitalSector PerformSector PerformHold
Feb 15, 2024RBC CapitalSector PerformSector PerformHold
Jan 06, 2023BarclaysEqual-WeightDowngrade
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NMI's last stock rating was published by Barclays on Oct 08, 2024. The company gave NMIH a "Overweight" rating, the same as its previous rate.

NMI Financial Forecast


NMI Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$213.88M$207.96M$202.20M$196.59M$154.16M$151.84M$149.06M$146.75M$145.25M$142.56M$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$217.95M$211.91M$206.04M$200.33M$157.09M$154.73M$151.89M$152.26M$147.44M$142.56M$141.12M$133.76M$132.50M$143.26M$126.30M$123.52M$124.46M$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
Low Forecast$211.60M$205.74M$200.04M$194.50M$152.52M$150.22M$147.47M$143.88M$143.10M$142.56M$137.01M$133.76M$131.06M$124.07M$122.63M$119.93M$120.84M$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
# Analysts222211143111363344443333359644
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211143111363344443333359644
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$150.28M$146.12M$142.07M$138.13M$108.32M$106.69M$104.73M$103.11M$102.06M$100.17M$97.31M$113.63M$92.53M$90.06M$87.09M$103.30M$96.73M$63.23M$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$153.14M$148.90M$144.77M$140.76M$110.38M$108.72M$106.72M$106.98M$103.60M$100.17M$99.16M$136.36M$93.10M$100.66M$88.75M$123.96M$116.07M$63.23M$61.11M$112.70M$58.53M$61.00M$57.20M$90.53M$53.26M$49.56M$50.17M$88.94M$50.18M$45.24M
Low Forecast$148.68M$144.56M$140.55M$136.66M$107.17M$105.55M$103.62M$101.10M$100.55M$100.16M$96.27M$90.91M$92.09M$87.17M$86.16M$82.64M$77.38M$63.23M$61.11M$75.13M$58.53M$61.00M$57.20M$60.36M$53.26M$49.56M$50.17M$59.29M$50.18M$45.24M
Surprise %-------------1.19%1.19%1.01%0.98%1.73%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 $92.53M, with a high of $93.10M and a low of $92.09M. This is -13.76% lower than NMI's previous annual EBITDA (Sep 23) of $107.30M.

NMI Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211143111363344443333359644
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$106.05M$105.71M$105.66M$99.84M$97.71M$97.60M$97.98M$93.36M$91.24M$91.69M$84.91M$78.57M$77.60M$74.67M$68.76M$71.43M$65.65M$65.56M$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$108.67M$108.33M$108.27M$102.31M$100.12M$100.01M$100.41M$95.00M$94.53M$91.82M$84.92M$94.29M$79.23M$80.35M$70.45M$85.72M$78.78M$65.56M$61.93M$77.92M$57.35M$57.54M$52.15M$61.35M$41.26M$29.51M$26.30M$67.01M$57.31M$50.62M
Low Forecast$104.58M$104.25M$104.19M$98.46M$96.35M$96.25M$96.63M$91.72M$89.60M$91.55M$84.90M$62.86M$76.78M$70.61M$67.80M$57.14M$52.52M$65.56M$61.93M$51.95M$57.35M$57.54M$52.15M$40.90M$41.26M$29.51M$26.30M$44.67M$57.31M$50.62M
Surprise %-------------1.12%1.17%1.04%1.11%1.17%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 $77.60M, with a range of $76.78M to $79.23M. NMIH's average Quarter net income forecast represents a -7.57% decrease compared to the company's last Quarter net income of $83.95M (Sep 23).

NMI SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211143111363344443333359644
SG&A--------------------------$1.09M$734.00K$937.00K-
Avg Forecast$998.86K$971.18K$944.27K$918.11K$719.96K$709.13K$696.11K$685.34K$678.34K$665.75K$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$1.02M$989.64K$962.22K$935.56K$733.64K$722.61K$709.35K$711.06K$688.57K$665.76K$659.05K$624.65K$618.81K$669.04K$589.85K$576.87K$581.25K$578.95K$559.48K$544.75K$535.90K$558.56K$523.71K$496.79K$487.63K$453.79K$459.34K$844.10K$459.47K$414.21K
Low Forecast$988.20K$960.82K$934.20K$908.31K$712.28K$701.56K$688.68K$671.93K$668.28K$665.75K$639.86K$624.65K$612.08K$579.41K$572.67K$560.06K$564.32K$578.95K$559.48K$544.75K$535.90K$558.56K$523.71K$496.79K$487.63K$453.79K$459.34K$562.73K$459.47K$414.21K
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 $453.79K to $453.79K. The forecast indicates a -58.37% fall compared to NMIH last annual SG&A of $1.09M (Jun 20).

NMI EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211143111363344443333359644
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$1.31$1.30$1.30$1.23$1.21$1.20$1.21$1.15$1.13$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$1.34$1.34$1.34$1.26$1.24$1.23$1.24$1.17$1.17$1.13$1.05$0.98$0.98$0.99$0.87$0.84$0.86$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
Low Forecast$1.29$1.29$1.29$1.21$1.19$1.19$1.19$1.13$1.11$1.13$1.05$0.98$0.95$0.87$0.84$0.81$0.83$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
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JRVRJames River Group--139.78%Buy
MBIMBIA--99.15%Buy
ESNTEssent Group--29.93%Buy
NMIHNMI--9.99%Buy
AGOAssured Guaranty---9.76%Buy
MTGMGIC Investment---18.94%Buy
RDNRadian Group---20.97%Buy

NMIH Forecast FAQ


Is NMI a good buy?

Yes, according to 7 Wall Street analysts, NMI (NMIH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of NMIH's total ratings.

What is NMIH's price target?

NMI (NMIH) average price target is $42.6 with a range of $36 to $48, implying a 9.99% from its last price of $38.73. 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 up by 9.99% (from the last price of $38.73 to the average price target of $42.6), up by 23.93% based on the highest stock price target, and down by -7.05% based on the lowest stock price target.

Can NMI stock reach $60?

NMIH's average twelve months analyst stock price target of $42.6 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 $601.82M (high $615.97M, low $594.09M), average EBITDA is $422.86M (high $432.8M, low $417.43M), average net income is $386.66M (high $395.54M, low $380.95M), average SG&A $2.81M (high $2.88M, low $2.77M), and average EPS is $4.77 (high $4.88, low $4.7). NMIH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $820.63M (high $836.23M, low $811.88M), average EBITDA is $576.6M (high $587.57M, low $570.45M), average net income is $417.26M (high $427.57M, low $411.48M), average SG&A $3.83M (high $3.91M, low $3.79M), and average EPS is $5.15 (high $5.28, low $5.08).

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 $314.98M by 30.25%. The company's net income was $292.9M, beating the average estimation of $258.08M by 13.49%. 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 $90.06M by 19.14%. NMI's net income was $83.96M, beating the average estimation of $74.67M by 12.43%. 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%