NMI Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
NMI Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
NMI Holdings Inc NMIH.OQ reported quarterly adjusted earnings of $1.38 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.22. The mean expectation of seven analysts for the quarter was for earnings of $1.28 per share. Wall Street expected results to range from $1.25 to $1.33 per share.
Revenue rose 5.7% to $157.52 million from a year ago; analysts expected $156.35 million.
NMI Holdings Inc's reported EPS for the quarter was $1.38.
The company reported quarterly net income of $105.79 million.
NMI Holdings Inc shares had risen by 5.7% this quarter and gained 6.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "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 $46.00, about 5.6% above its last closing price of $43.44
This summary was machine generated from LSEG data July 31 at 06:07 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.28 | 1.38 | Beat |
Mar. 31 2026 | 1.23 | 1.28 | Beat |
Dec. 31 2025 | 1.19 | 1.20 | Beat |
Sep. 30 2025 | 1.21 | 1.21 | Met |
Recent news on NMI Holdings
See all newsNMI Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary
NMI Holdings Q3 revenue rises 18%, beats analyst estimates
Brief: NMI Holdings Q3 Adjusted EPS USD 1.23 Vs. IBES Estimate USD 1.3
BTIG assumes coverage of NMI Holdings with 'buy' rating; shares rise
NMI Holdings Inc reports results for the quarter ended June 30 - Earnings Summary