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NMIH — NMI Holdings News Story

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NMI Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

NMI Holdings Inc NMIH.OQ reported quarterly adjusted earnings of $1.22​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.20.  The mean expectation of eight analysts for the quarter was for earnings of $1.20 per share. Wall Street expected results to range from $1.13  to $1.27 per share.

Revenue rose 5.6% to $149.07 million from a year ago; analysts expected $147.93 million.

NMI Holdings Inc's reported EPS for the quarter was $1.21​.

The company reported quarterly net income of $96.15 million.

NMI Holdings Inc shares had fallen by 10.4% this quarter and gained 2.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.6% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for NMI Holdings Inc is $42.50, about 11% above its last closing price of $37.81

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.201.22Beat
Mar. 31 20251.101.28Beat
Dec. 31 20241.131.07Missed
Sep. 30 20241.141.15Beat

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