NMI Holdings, Inc., is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default.
Company profile
Ticker
NMIH
Exchange
Website
CEO
Claudia Merkle
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
MBIA • Assured Guaranty • Old Republic International • MGIC Investment • Radian • Essent • AMBAC Financial • Syncora ...
SEC CIK
Corporate docs
IRS number
454914248
NMIH stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
14 Feb 23
8-K
NMI Holdings, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
14 Feb 23
8-K
Departure of Directors or Certain Officers
10 Nov 22
10-Q
2022 Q3
Quarterly report
1 Nov 22
8-K
NMI Holdings, Inc. Reports Third Quarter 2022 Financial Results
1 Nov 22
10-Q
2022 Q2
Quarterly report
2 Aug 22
8-K
Announces New Quota Share Reinsurance Agreement
2 Aug 22
S-8
Registration of securities for employees
13 May 22
8-K
Submission of Matters to a Vote of Security Holders
13 May 22
10-Q
2022 Q1
Quarterly report
4 May 22
Transcripts
NMIH
Earnings call transcript
2022 Q3
2 Nov 22
NMIH
Earnings call transcript
2022 Q2
3 Aug 22
NMIH
Earnings call transcript
2022 Q1
5 May 22
NMIH
Earnings call transcript
2021 Q4
16 Feb 22
NMIH
Earnings call transcript
2021 Q3
3 Nov 21
NMIH
Earnings call transcript
2021 Q2
4 Aug 21
NMIH
Earnings call transcript
2021 Q1
8 May 21
NMIH
Earnings call transcript
2020 Q4
17 Feb 21
NMIH
Earnings call transcript
2020 Q4
17 Feb 21
NMIH
Earnings call transcript
2020 Q3
8 Nov 20
Latest ownership filings
4
Nicholas Daniel Realmuto
17 Mar 23
4
Mohammad Nawaz Yousaf
17 Mar 23
4
Norman Peter Fitzgerald
17 Mar 23
4
Mohammad Nawaz Yousaf
21 Feb 23
4
Norman Peter Fitzgerald
17 Feb 23
SC 13G/A
OAKTREE CAPITAL MANAGEMENT LP
14 Feb 23
4
Robert Owen Smith
13 Feb 23
4
BRADLEY M SHUSTER
13 Feb 23
4
William J Leatherberry
13 Feb 23
4
Adam Pollitzer
13 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 44.43 mm | 44.43 mm | 44.43 mm | 44.43 mm | 44.43 mm | 44.43 mm |
| Cash burn (monthly) | 27.13 mm | 2.69 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 79.85 mm | 7.90 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -35.43 mm | 36.52 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -1.3 | 13.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 228 |
| Opened positions | 34 |
| Closed positions | 24 |
| Increased positions | 62 |
| Reduced positions | 103 |
| 13F shares | Current |
|---|---|
| Total value | 1.65 tn |
| Total shares | 81.32 mm |
| Total puts | 12.80 k |
| Total calls | 39.90 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 14.87 mm | $310.72 bn |
| Vanguard | 6.16 mm | $128.82 bn |
| Oaktree Capital Management | 4.90 mm | $102.56 bn |
| FMR | 4.08 mm | $85.33 bn |
| Dimensional Fund Advisors | 4.02 mm | $84.23 bn |
| MCQEF Macquarie | 3.75 mm | $78.37 bn |
| STT State Street | 3.27 mm | $68.42 bn |
| Van Berkom & Associates | 2.70 mm | $56.61 bn |
| Frontier Capital Management | 2.54 mm | $53.00 bn |
| Wellington Management | 2.31 mm | $48.37 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Norman Peter Fitzgerald | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 2,008 | 0.00 | 41,218 |
| 15 Mar 23 | Norman Peter Fitzgerald | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 2,845 | 0.00 | 43,226 |
| 15 Mar 23 | Mohammad Nawaz Yousaf | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 1,449 | 0.00 | 38,661 |
| 15 Mar 23 | Mohammad Nawaz Yousaf | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 1,614 | 0.00 | 40,110 |
| 15 Mar 23 | Nicholas Daniel Realmuto | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 454 | 0.00 | 3,789 |
| 15 Mar 23 | Nicholas Daniel Realmuto | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 341 | 0.00 | 4,243 |
| 15 Mar 23 | Nicholas Daniel Realmuto | Class A Common Shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 0 | 426 | 0.00 | 4,584 |
| 17 Feb 23 | Mohammad Nawaz Yousaf | Class A Common Shares, $0.01 par value per share | Sell | Dispose S | No | No | 24.1614 | 9,000 | 217.45 k | 41,724 |
| 16 Feb 23 | Norman Peter Fitzgerald | Class A Common Shares, $0.01 par value per share | Sell | Dispose S | No | No | 24.0297 | 16,346 | 392.79 k | 46,071 |
News
Citigroup Maintains Buy on NMI Holdings, Raises Price Target to $28
15 Feb 23
NMI Holdings Q4 EPS $0.86 Beats $0.84 Estimate, Sales $133.11M Beat $124.20M Estimate
14 Feb 23
Earnings Scheduled For February 14, 2023
14 Feb 23
Analyst Ratings for NMI Holdings
6 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 6, 2023
6 Jan 23