The stock of NMI Holdings Inc (NMIH) has seen a 5.56% increase in the past week, with a 2.98% gain in the past month, and a -0.92% decrease in the past quarter. The volatility ratio for the week is 2.04%, and the volatility levels for the past 30 days are at 2.43% for NMIH. The simple moving average for the last 20 days is 4.84% for NMIH’s stock, with a simple moving average of 13.08% for the last 200 days.
Is It Worth Investing in NMI Holdings Inc (NASDAQ: NMIH) Right Now?
The price-to-earnings ratio for NMI Holdings Inc (NASDAQ: NMIH) is above average at 9.16x, Company’s 36-month beta value is 1.11.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for NMIH is 77.80M, and currently, short sellers hold a 2.16% ratio of that floaft. The average trading volume of NMIH on November 28, 2024 was 516.18K shares.
NMIH) stock’s latest price update
NMI Holdings Inc (NASDAQ: NMIH)’s stock price has gone rise by 0.07 in comparison to its previous close of 40.00, however, the company has experienced a 5.56% increase in its stock price over the last five trading days. zacks.com reported 2024-11-27 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Analysts’ Opinion of NMIH
Many brokerage firms have already submitted their reports for NMIH stocks, with RBC Capital Mkts repeating the rating for NMIH by listing it as a “Outperform.” The predicted price for NMIH in the upcoming period, according to RBC Capital Mkts is $48 based on the research report published on September 18, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see NMIH reach a price target of $39, previously predicting the price at $37. The rating they have provided for NMIH stocks is “Neutral” according to the report published on May 22nd, 2024.
UBS gave a rating of “Buy” to NMIH, setting the target price at $36 in the report published on December 06th of the previous year.
NMIH Trading at 1.09% from the 50-Day Moving Average
After a stumble in the market that brought NMIH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.79% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares surge +2.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.91% lower at present.
During the last 5 trading sessions, NMIH rose by +5.56%, which changed the moving average for the period of 200-days by +34.46% in comparison to the 20-day moving average, which settled at $38.18. In addition, NMI Holdings Inc saw 34.87% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NMIH starting from Realmuto Nicholas Daniel, who sale 291 shares at the price of $42.00 back on Sep 18 ’24. After this action, Realmuto Nicholas Daniel now owns 9,536 shares of NMI Holdings Inc, valued at $12,222 using the latest closing price.
Leatherberry William J, the Chief Admin. Officer & GC of NMI Holdings Inc, sale 3,000 shares at $40.07 during a trade that took place back on Aug 27 ’24, which means that Leatherberry William J is holding 153,689 shares at $120,210 based on the most recent closing price.
Stock Fundamentals for NMIH
Current profitability levels for the company are sitting at:
- 0.58 for the present operating margin
- 1.0 for the gross margin
The net margin for NMI Holdings Inc stands at 0.56. The total capital return value is set at 0.11. Equity return is now at value 17.93, with 11.86 for asset returns.
Based on NMI Holdings Inc (NMIH), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.94. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 9.74.
Currently, EBITDA for the company is 456.46 million with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 5.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.27.
Conclusion
In a nutshell, NMI Holdings Inc (NMIH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
