NMI Holdings Inc. (NASDAQ:NMIH) changes shares on Tuesday trading session, with a change of -1.95% or -$0.31 shares. The trading starts at $15.90 and closed at $15.88 throughout the day. The trading session low price was $15.30 and day high was $15.995 on Tuesday, August 04. After the session, the Financial sector daily volume shifted to 1.05 million while its average volume is 1.45M. In other hand, the NMIH market cap reached to $1.29B. While, its current target price is $21.68.
On July 6, 2020, BRIEF-NMI Holdings Inc. Releases Monthly Operating Statistics For June 2020. According to the news reported on Reuters, * NMI HOLDINGS, INC. RELEASES MONTHLY OPERATING STATISTICS FOR JUNE 2020
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 8.28% and down -1.70% for month. Its quarterly performance was 17.51% above, while its half year performance is down -53.06%. NMIH yearly performance stood at negative -37.94% and fall -53.07% for year-to-date. Current recommendation for NMI Holdings Inc. is 1.90.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NMIH EPS (TTM) for 12-month is 2.81. EPS for this year is 54.60%, while for the next year its value is 2.33. Sales growth for the current quarter is 0.56 while its EPS Q/Q reached 73.60%. It has an EPS of 37.60% up for past five years and for the next five years will be up 9.89%.
Let’s take a look on the analyst recommendations on NMIH for the current month and previous month. For the current month, 10 of 12 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 12 analysts participate in stock recommendation. Out of 12, 0 rated it sell, 9 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $17.00 – $26.50. Average target price for NMIH was reached at $21.68.
Blackrock Inc., Vanguard Group, Inc. (The) and Oaktree Capital Management, LP are the top three holders in NMI Holdings Inc. (NMIH) stock. On Mar 30, 2020, Blackrock Inc. has 9.76 million shares which valued 113.3 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 5.74 million shares which valued at 66.59 million. On Mar 30, 2020, Oaktree Capital Management, LP has a total of 4.4 million shares which valued at 51.08 million. In the end, Oaktree Capital Management, LP have 6.39% shares outstanding of NMI Holdings Inc. (NMIH) on Mar 30, 2020. The insider ownership moved to 1.60% and institutional holding shifted to 77.60%.
The company posted an EPS (TTM) of 2.81. According to the most recent quarter report on (Jun 2020), 12 analysts estimated an average EPS of 0.34, while 0.59 EPS posted a year ago period. Analyst Estimated EPS for NMIH published in the report was $0.07 – $0.57 during the same period. Comparing with last year, the average estimated EPS was 0.59 which is lower than 0.75 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NMIH fall -31.57% for period of 200 days. SMA for 50 days was -1.10% which is showing red signal, while SMA-20 was 6.69%. The moving average value for NMI Holdings Inc. (NMIH) is 18.26 and 15.31 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NMIH stock. On May 12, Montgomery Michael Curry, Director, sold 1,526 trading shares at the cost of $14.15, which valued at 21593.0. On Feb 12, SCHEID STEVEN, Director, sold 27,325 shares at the cost of $30.33, with total shares of 53,622. On Jan 03, SHUSTER BRADLEY M, Executive Chairman, sold 25,625 shares at the cost of 32.24. After this transaction, SHUSTER BRADLEY M total shares reached to 492,302 which valued at 0.83 million.