NMI Holdings Q3 revenue beats analyst expectations

NMI Holdings

04/11/2025 21:30

Overview

NMI Holdings Q3 revenue of $178.7 mln beats analyst expectations

Adjusted EPS for Q3 at $1.21, surpassing consensus estimates

Net income for Q3 was $96.0 mln, slightly down from Q2

Outlook

Company did not provide specific future guidance

Result Drivers

INSURANCE-IN-FORCE GROWTH - Primary insurance-in-force increased to $218.4 bln, up from $214.7 bln in the previous quarter

PREMIUMS EARNED - Net premiums earned rose to $151.3 mln from $149.1 mln in the previous quarter

CLAIMS EXPENSES - Insurance claims and claim expenses increased to $18.6 mln, up from $13.4 mln in the previous quarter

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$178.70 mln
$150.57 mln (3 Analysts)
Q3 Adjusted EPS
Beat
$1.21
$1.20 (6 Analysts)
Q3 EPS
$1.22
Q3 Adjusted Net Income
Beat
$95.70 mln
$95.24 mln (5 Analysts)
Q3 Net Income
$96 mln
Q3 Operating Expenses
$29.20 mln
Q3 ROE
15.60%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for NMI Holdings Inc is $43.00, about 14.4% above its November 3 closing price of $36.79

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nGNX2tsn1J

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)