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The price of NMI Holdings Inc (NASDAQ: NMIH) closed at $36.15 in the last session, down -0.90% from day before closing price of $36.48. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.63 million shares were traded. NMIH stock price reached its highest trading level at $36.685 during the session, while it also had its lowest trading level at $35.99.
Ratios:
We take a closer look at NMIH’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 06, 2025, Downgraded its rating to Equal Weight and sets its target price to $41 from $48 previously.
On September 18, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $40 to $48.
UBS Downgraded its Buy to Neutral on May 22, 2024, whereas the target price for the stock was revised from $37 to $39.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 18 ’24 when Realmuto Nicholas Daniel sold 291 shares for $42.00 per share. The transaction valued at 12,222 led to the insider holds 9,536 shares of the business.
Leatherberry William J sold 3,000 shares of NMIH for $120,210 on Aug 27 ’24. The Chief Admin. Officer & GC now owns 153,689 shares after completing the transaction at $40.07 per share. On Aug 26 ’24, another insider, Leatherberry William J, who serves as the Chief Admin. Officer & GC of the company, sold 2,000 shares for $40.00 each. As a result, the insider received 80,000 and left with 156,689 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NMIH now has a Market Capitalization of 2841415680 and an Enterprise Value of 3278631680. As of this moment, NMI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.16, and their Forward P/E ratio for the next fiscal year is 7.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.40 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 5.156 whereas that against EBITDA is 6.459.
Stock Price History:
The Beta on a monthly basis for NMIH is 1.02, which has changed by 0.20435786 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, NMIH has reached a high of $42.49, while it has fallen to a 52-week low of $28.73. The 50-Day Moving Average of the stock is -4.05%, while the 200-Day Moving Average is calculated to be -2.84%.
Shares Statistics:
According to the various share statistics, NMIH traded on average about 467.35K shares per day over the past 3-months and 423900 shares per day over the past 10 days. A total of 87.90M shares are outstanding, with a floating share count of 77.44M. Insiders hold about 2.14% of the company’s shares, while institutions hold 97.63% stake in the company. Shares short for NMIH as of 1736899200 were 1287124 with a Short Ratio of 2.75, compared to 1734048000 on 1261055. Therefore, it implies a Short% of Shares Outstanding of 1287124 and a Short% of Float of 2.01.
