8 analysts have expressed a variety of opinions on NMI Holdings (NASDAQ:NMIH) over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $44.25, a high estimate of $48.00, and a low estimate of $40.00. Observing a 12.74% increase, the current average has risen from the previous average price target of $39.25.

Investigating Analyst Ratings: An Elaborate Study

The analysis of recent analyst actions sheds light on the perception of NMI Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of NMI Holdings's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on NMI Holdings analyst ratings.

Get to Know NMI Holdings Better

NMI Holdings's Financial Performance

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: NMI Holdings's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 13.62%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: NMI Holdings's net margin is impressive, surpassing industry averages. With a net margin of 56.8%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): NMI Holdings's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.58% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): NMI Holdings's ROA stands out, surpassing industry averages. With an impressive ROA of 3.02%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: NMI Holdings's debt-to-equity ratio is below the industry average. With a ratio of 0.2, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.