NMI Holdings Inc NMIH

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NMIH is trading at a 865% premium.
Price
$40.88
Fair Value
$68.80
Uncertainty
Medium
1-Star Price
$52.67
5-Star Price
$84.83
Economic Moat
Xrr
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
9.56
Price/Sales
5.47
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
3.15%

Company Profile

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.
Sector
Financial Services
Industry
Insurance - Specialty
Stock Style Box
Small Core
Total Number of Employees
228

Comparables

Valuation

Metric
NMIH
ESNT
ACT
Price/Earnings (Normalized)
9.569.158.55
Price/Book Value
1.601.261.17
Price/Sales
5.475.664.89
Price/Cash Flow
7.008.058.20
Price/Earnings
NMIH
ESNT
ACT

Financial Strength

Metric
NMIH
ESNT
ACT
Quick Ratio
Current Ratio
Interest Coverage
12.4728.4617.26
Quick Ratio
No chart available

Profitability

Metric
NMIH
ESNT
ACT
Return on Assets (Normalized)
12.21%11.93%11.21%
Return on Equity (Normalized)
18.65%15.01%14.99%
Return on Invested Capital (Normalized)
16.71%14.35%13.67%
Return on Assets
NMIH
ESNT
ACT

Insurance - Specialty Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Fidelity National Financial Inc
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Ryan Specialty Holdings Inc Class A
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Essent Group Ltd
ESNT
Wnvb$6.8 Bil
First American Financial Corp
FAF
MvlxjtbBlyq$6.8 Bil
Axis Capital Holdings Ltd
AXS
Ngdw$6.7 Bil
MGIC Investment Corp
MTG
PlhzcdrRgwl$6.6 Bil
Beazley PLC
BZLYF
Gwnwv$6.5 Bil
Enact Holdings Inc
ACT
Txdgh$5.6 Bil
Radian Group Inc
RDN
GflzcfwcGdrb$5.2 Bil
Assured Guaranty Ltd
AGO
TfbjtndjBzcq$4.2 Bil

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