Headlines about NMI (NASDAQ:NMIH) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NMI earned a news impact score of 0.13 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.0612893511497 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
NMIH has been the subject of a number of recent analyst reports. BidaskClub downgraded shares of NMI from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 15th. Compass Point raised shares of NMI from a “neutral” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Tuesday, February 6th. BTIG Research reaffirmed a “buy” rating and set a $21.00 price objective on shares of NMI in a research report on Sunday, February 18th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $25.00 price objective on shares of NMI in a research report on Friday, February 23rd. Finally, TheStreet downgraded shares of NMI from a “b” rating to a “c+” rating in a research report on Tuesday, March 20th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $21.86.
Shares of NMIH stock traded up $0.15 during trading hours on Friday, hitting $17.70. 840,293 shares of the company were exchanged, compared to its average volume of 976,945. The company has a market cap of $1,153.07, a price-to-earnings ratio of 31.05 and a beta of 0.87. NMI has a fifty-two week low of $10.10 and a fifty-two week high of $21.92. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.28.
NMI (NASDAQ:NMIH) last issued its earnings results on Thursday, February 15th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. NMI had a return on equity of 7.89% and a net margin of 12.07%. The company had revenue of $54.54 million for the quarter, compared to analysts’ expectations of $51.32 million. During the same period last year, the business earned $0.04 EPS. NMI’s quarterly revenue was up 48.9% compared to the same quarter last year. analysts anticipate that NMI will post 1.34 earnings per share for the current year.
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NMI Company Profile
NMI Holdings, Inc, through its subsidiaries, provides private mortgage guaranty insurance services in the United States. 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.
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