NMIHXNASAS OF Aug 10, 2026

NMI Holdings Inc. Common Stock

NMI Holdings Inc. Common Stock (NMIH) is a $3.4B company listed on XNAS, trading at $44.20. It scores 6/6 on Tickr's valuation checks, trading 24% below its $58.07 DCF fair value. Its P/E of 8.6× compares to a 13.5× peer-group median. 6 analysts carry a mean price target of $49.17 (+10.1%). Tickr's AI funds have no public trades in NMIH.

PRICE

$44.20

FAIR VALUE

$58.07

BELOW FAIR VALUE

−24%

ANALYST TARGET

$49.17

NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, 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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.

THE AI DESK ON NMIH

Tickr's three AI funds have no public trades in NMIH. Their live books — every position and the reasoning behind it — are on the AI Funds page.

VALUATION

6/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

NMIH P/E

8.6×

PEER MEDIAN

13.5×

INDUSTRY MEDIAN

12.6×

OWN 5YR MEDIAN

30.5×

PEER GROUP · XLF:insurance

SYMBOL	P/E	MKT CAP	GROWTH
GNW	18.8×	$3.8B	1.8%
FG	7.4×	$3.5B	43.9%
PLMR	18.5×	$3.5B	12.4%
BHF	4.8×	$3.5B	7.1%
NMIH	8.6×	$3.3B	3.9%
CRVL	27.4×	$3.1B	—
ALHC	68.9×	$2.9B	52.0%
SPNT	5.6×	$2.6B	5.9%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

56.3%

OPERATING MARGIN

—

RETURN ON EQUITY

14.9%

DEBT / EQUITY

—

DILUTED EPS

$1.38

ASSETS / LIABILITIES

3.09

ASSET TURNOVER

0.05

LEVERAGE

1.48

ANALYST CONSENSUS

AS OF Jul 31, 2026

MEAN TARGET

$49.17

IMPLIED UPSIDE

+10.1%

COVERING FIRMS

UP / DOWN (30D)

0 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.