NMI Holdings, Inc. (NMIH) stock
Close on Nov 11, 2026Market cap $2.94BP/E 7.7Yield –
NMI Holdings, Inc. grew revenue 6.9% to $739.65M over the twelve months to Sep 30, 2026. Free cash flow was $424.25M, up 9.7% from a year earlier. At the latest close the market valued the company at $2.94B, 7.7 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $2.94B
- P/E ratio
- 7.7
- Price to sales
- 3.97
- Price to book
- 1.09
- Dividend yield
- –
- Free cash flow yield
- 14.44%
Fundamentals
- Revenue
- $739.65M
- Net income
- $392.81M
- EPS, diluted
- $5.09
- Free cash flow
- $424.25M
- Book value per share
- $35.51
- Diluted shares
- 76M
Trading
- Next earnings
- Feb 9, 2027 (estimated, during market hours)
- Previous close
- $38.73
- Open
- $38.61
- Day's range
- $38.30 – $39.13
- Volume
- 499,996
- Average volume (20 days)
- 975,752
- Index membership
- S&P SmallCap 600, Russell 2000, Russell 3000
- Beta (5 years)
- 0.68
- 52-week range
- $35.12 – $46.74
- RSI (14 days)
- 38.2
- Volatility (1 year)
- 27.6%
- Relative volume
- 0.76×
- WACC
- 8.3%
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Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2013, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | NMIH | S&P 500 | Difference | NMIH per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -2.4% | -2.4% | +0.0 pts | ||
| 3 months | -12.0% | -1.2% | −10.9 pts | ||
| Year to date | -4.3% | +12.3% | −16.6 pts | ||
| 1 year | +3.5% | +12.4% | −8.9 pts | ||
| 3 years | +37.7% | +78.8% | −41.1 pts | +11.3% | +21.4% |
| 5 years | +80.9% | +75.2% | +5.7 pts | +12.6% | +11.9% |
| 10 years | +336.3% | +311.1% | +25.2 pts | +15.9% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Net income
EPS, diluted
Free cash flow
Press releases
Releases NMI filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Results
About NMI
Surety Insurance
NMI Holdings, Inc. provides private mortgage insurance through its insurance subsidiaries to protect mortgage lenders and investors from losses caused by borrower defaults on residential mortgages. The company focuses primarily on high-loan-to-value first-lien mortgages for owner-occupied single-family homes. Through its subsidiary NMIS, it also offers outsourced loan review services to mortgage originators to assess underwriting compliance. NMI Holdings serves a diverse customer base of mortgage lenders, categorized into National Accounts and Regional Accounts, including regional and national mortgage banks, credit unions, community banks, builder-owned lenders, and internet-sourced lenders.
Company profile, executives and historyNMI stock: common questions
What is NMI's stock price?
NMIH closed at $39.05 on Nov 11, 2026, up 0.83% on the day. Over the past 52 weeks it traded between $35.12 and $46.74.
What is NMI's market cap?
NMI was worth $2.94B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is NMIH's P/E ratio?
NMIH trades at 7.7 times earnings, based on diluted earnings per share of $5.09 over the twelve months to Sep 30, 2026.
How much revenue does NMI make?
NMI reported revenue of $739.65M for the twelve months to Sep 30, 2026, up 6.9% from a year earlier.
Does NMI pay a dividend?
No. NMI has not paid a cash dividend over the last twelve months.
When does NMI report earnings next?
NMI is expected to report Q4 FY2026 results on Feb 9, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has NMIH stock performed over the past year?
Including dividends, NMIH returned +3.5% over the past year, against +12.4% for the S&P 500.
How many NMIH shares are sold short?
3M shares were sold short at the latest FINRA report, 3.61% of the float, or 2.6 days of average trading volume.
Who are NMI's competitors?
Companies most similar to NMI by business, industry and size include MTG, RDN, ESNT, AGO, ACT.
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