NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California.
Financial Resilience | NMI Holdings outperforms expectations with strong Q3 2024 results, showcasing robust expense management and increased investment income |
Market Leadership | Explore NMIH's impressive growth in new insurance written and insurance in force, outpacing industry peers despite challenging market conditions |
Credit Quality Champion | Delve into NMIH's exceptional credit performance, boasting the lowest default rates in the mortgage insurance sector, below 1% |
Analyst Optimism | Learn about analyst price targets ranging from $40 to $48, with an average of $45.20, reflecting confidence in NMIH's growth potential |
Metrics to compare | NMIH | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipNMIHPeersSector | |
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P/E Ratio | 8.7x | 9.3x | 8.7x | |
PEG Ratio | 0.47 | 0.02 | 0.03 | |
Price/Book | 1.4x | 1.0x | 1.0x | |
Price / LTM Sales | 4.9x | 1.2x | 2.8x | |
Upside (Analyst Target) | 14.9% | 6.5% | 10.4% | |
Fair Value Upside | Unlock | −10.1% | 2.7% | Unlock |