Brokers Recommendations on: NMI Holdings, Inc. (NASDAQ:NMIH)

NMI Holdings, Inc. (NASDAQ:NMIH) belonging to the Finance sector has surged 5.88% and closed its last trading session at $9.

The company reports its EPS on Nov 01 AMC.

The consensus recommendation, according to Zacks Investment research, is 1.5. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.5 and 1.5 respectively.

NMI Holdings, Inc. on 9/30/2016 reported its EPS as $0.1 with the analysts projecting the EPS of the stock as $0.08. The company beat the analyst EPS Estimate with the difference of $0.02. This shows a surprise factor of 25%.

Many analysts have provided their estimated foresights on NMI Holdings, Inc. Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.13. Whereas they predicted High and Low Earnings Estimate as $0.15 and $0.12 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.08.

Analysts are also projecting an Average Revenue Estimate for NMI Holdings, Inc. as $35.01 Million in the Current Quarter. This estimate is provided by 4 analysts. The High Revenue estimate is predicted as 37.4 Million, while the Low Revenue Estimate prediction stands at 33.3 Million. The company’s last year sales total was 16.88 Million.

The Company got Upgrade by JMP Securities on 5-Aug-15 from Mkt Perform to Mkt Outperform.

Insider Trades for NMI Holdings, Inc. show that the latest trade was made on 9 Sep 2016 where Leatherberry (William J), the General Counsel completed a transaction type “Buy” in which 2646 shares were traded at a price of $0.

Over the period of 6 months, Insider Purchases show a total of 4 transaction in which 1907000 shares were traded. 2 Insider Sales transactions were made totaling 2012940 shares traded.

4 analysts projected Price Targets for NMI Holdings, Inc.. The analysts believe that the company stock price could grow as high as $11. The Low Price target projection by analysts is $9 and the Mean Price Target is $9.88.

NMI Holdings, Inc. (NASDAQ:NMIH) has the market capitalization of $535.32 Million. The company rocked its 52-Week High of $9.05 on Nov 10, 2016 and touched its 52-Week Low of $4.19 on Feb 9, 2016. The stock has Return on Assets (ROA) of -0.1 percent. Return on Equity (ROE) stands at -0.1% and Return on Investment (ROI) of -4.7 percent.

The stock is currently showing YTD performance of 32.94 Percent. The company has Beta Value of 0 and ATR value of 0.27. The Weekly and Monthly Volatility stands at 3.43% and 3.02%.

Company profile:

NMI Holdings, Inc., through its subsidiaries, provides private mortgage insurance in the United States. NMI Holdings, Inc. is based in Emeryville, California.