NMI Holdings, Inc. (NMIH) stock analysis

In our weekly check, NMI Holdings, Inc. is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 20 pass, warnings: 0, red flags: 4.

About NMI Holdings, Inc.

NMI Holdings, Inc. is a Financial Services company (Insurance - Specialty) based in the United States, listed on NASDAQ as NMIH.

What our checks show for NMIH

Red flags

• The gross margin fell by 5.2 points, to 91.7%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 3% a year.
• The stock has fallen as much as 73% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 4.3 years.

Strengths

• The net margin rose by 6.5 points over 5 years, to 54.1%.
• Analysts expect the net margin to improve by 11.2 points from today's 54.1%.
• Earnings per share grew 14.4% a year over the last 3 years.
• Net profit grew 10.5% a year over the last 3 years.
• The company keeps 54.1% of its revenue as net profit.
• Free cash flow is 60.5% of revenue: cash for dividends, buybacks or growth.

Next earnings report: 2026-11-05

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Questions

What grade does NMI Holdings, Inc. (NMIH) have?

In our weekly check, NMI Holdings, Inc. is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 20 pass, warnings: 0, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of NMIH stock?

This week's biggest flags for NMI Holdings, Inc.: Gross margin falling, Weak revenue forecast, Deep past fall. In total 4 of 24 checks show a warning or a red flag.

What does NMI Holdings, Inc. do?

NMI Holdings, Inc. is a Financial Services company (Insurance - Specialty) based in the United States, listed on NASDAQ as NMIH.

When does NMI Holdings, Inc. report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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