NMI (NMIH) Stock Forecast, Price Target & Predictions
NMIH Stock Forecast
NMI stock forecast is as follows: an average price target of $46.00 (represents a 24.36% upside from NMIH’s last price of $36.99) 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 $46.00 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 $43.00. This represents a potential 24.36% upside from NMIH's last price of $36.99.
NMIH Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Scott Heleniak | RBC Capital | $48.00 | $41.15 | 16.65% | 29.76% |
| Jul 31, 2024 | Mark Dwelle | RBC Capital | $40.00 | $39.20 | 2.04% | 8.14% |
| Jul 31, 2024 | Mark Hughes | Truist Financial | $47.00 | $39.20 | 19.90% | 27.06% |
| Jul 31, 2024 | Terry Ma | Barclays | $43.00 | $39.20 | 9.69% | 16.25% |
| May 21, 2024 | Doug Harter | UBS | $39.00 | $33.77 | 15.49% | 5.43% |
| May 07, 2024 | Chris Gamaitoni | Compass Point | $36.00 | $33.41 | 7.75% | -2.68% |
| May 01, 2024 | Mark Dwelle | RBC Capital | $34.00 | $32.30 | 5.26% | -8.08% |
| Jan 06, 2023 | Barclays | $25.00 | $20.80 | 20.19% | -32.41% |
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 29.76% increase from NMIH last price ($36.99).
NMI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 7 |
| Avg Price Target | - | - | $41.00 |
| Last Closing Price | $36.99 | $36.99 | $36.99 |
| Upside/Downside | -100.00% | -100.00% | 10.84% |
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 $36.99. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 08, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 17, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 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 | |
| May 10, 2022 | Citigroup | Buy | Buy | Hold |
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 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 | $213.88M | $207.96M | $202.20M | $196.59M | $154.30M | $151.98M | $149.19M | $146.85M | $145.29M | $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 | $217.41M | $211.39M | $205.53M | $199.83M | $156.84M | $154.48M | $151.65M | $150.77M | $146.68M | $142.56M | $140.77M | $133.76M | $132.50M | $143.26M | $125.99M | $123.22M | $124.15M | $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 | $211.91M | $206.03M | $200.33M | $194.78M | $152.87M | $150.57M | $147.81M | $143.90M | $144.39M | $142.56M | $137.21M | $133.76M | $131.06M | $124.07M | $122.80M | $120.10M | $121.01M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 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 | 4 | 3 | 1 | 1 | 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 | $150.28M | $146.12M | $142.07M | $138.13M | $108.41M | $106.78M | $104.83M | $103.18M | $102.08M | $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 | $152.76M | $148.53M | $144.41M | $140.41M | $110.20M | $108.55M | $106.55M | $105.94M | $103.06M | $100.17M | $98.91M | $136.36M | $93.10M | $100.66M | $88.53M | $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 | $148.89M | $144.77M | $140.76M | $136.86M | $107.41M | $105.80M | $103.86M | $101.11M | $101.45M | $100.16M | $96.41M | $90.91M | $92.09M | $87.17M | $86.28M | $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 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 | 4 | 3 | 1 | 1 | 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 | $106.05M | $105.71M | $105.66M | $99.84M | $97.48M | $97.50M | $98.09M | $93.56M | $91.23M | $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 | $108.32M | $107.98M | $107.92M | $101.98M | $99.57M | $99.59M | $100.19M | $94.39M | $94.51M | $91.82M | $84.92M | $94.29M | $79.23M | $80.35M | $70.23M | $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 | $104.77M | $104.44M | $104.39M | $98.64M | $96.31M | $96.33M | $96.91M | $92.74M | $89.58M | $91.55M | $84.90M | $62.86M | $76.78M | $70.61M | $67.93M | $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 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 | 4 | 3 | 1 | 1 | 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 | $998.86K | $971.18K | $944.27K | $918.11K | $720.58K | $709.75K | $696.74K | $685.81K | $678.50K | $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 | $987.19K | $959.84K | $933.24K | $732.46K | $721.45K | $708.22K | $704.13K | $685.00K | $665.76K | $657.42K | $624.65K | $618.81K | $669.04K | $588.39K | $575.44K | $579.81K | $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 | $989.62K | $962.20K | $935.54K | $909.62K | $713.92K | $703.18K | $690.29K | $672.04K | $674.32K | $665.75K | $640.77K | $624.65K | $612.08K | $579.41K | $573.49K | $560.87K | $565.13K | $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 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 | 4 | 3 | 1 | 1 | 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 | $1.31 | $1.30 | $1.30 | $1.23 | $1.20 | $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 | $1.33 | $1.33 | $1.26 | $1.23 | $1.23 | $1.24 | $1.16 | $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 | $1.22 | $1.19 | $1.19 | $1.20 | $1.14 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MBI | MBIA | $5.75 | $14.00 | 143.48% | Buy |
| JRVR | James River Group | $4.98 | $11.50 | 130.92% | Buy |
| ESNT | Essent Group | $53.84 | $98.50 | 82.95% | Buy |
| NMIH | NMI | $36.99 | $46.00 | 24.36% | Buy |
| MTG | MGIC Investment | $23.82 | $23.00 | -3.44% | Buy |
| AGO | Assured Guaranty | $88.78 | $84.00 | -5.38% | Buy |
| RDN | Radian Group | $31.88 | $27.63 | -13.33% | Buy |