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NMI Holdings Inc (NMIH)
:NMIH
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.11Last Year’s EPS
1.08Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -10.10%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, record insurance-in-force, and a positive regulatory environment. However, increased claims expenses and slight declines in persistency and expense management were noted. Overall, the positives significantly outweighed the negatives, showcasing a robust position and outlook for National MI.Company Guidance
During the fourth quarter 2024 earnings call, National MI provided guidance reflecting a robust financial performance and strategic initiatives for 2025. The company reported $46 billion in new insurance written (NIW) volume for the year and $210.2 billion in primary insurance-in-force, with an adjusted net income of $365.6 million, a 13% increase from 2023, and an adjusted earnings per share (EPS) of $4.50, up 17% from the previous year. The adjusted return on equity was 17.6%. For the fourth quarter alone, revenue reached a record $166.5 million, with an adjusted net income of $86.1 million, or $1.07 per diluted share, and an adjusted return on equity of 15.6%. The company also maintained a strong capital position with $3.1 billion in total available assets under PMIERs and a default rate of 1%. Looking ahead, National MI plans to focus on customer service, value-added engagement, and technology leadership, while continuing to prioritize disciplined growth and risk management. They aim to compound book value, deliver mid-teens returns, and distribute excess capital prudently. The company also emphasized their ongoing commitment to shareholder value through a refreshed share repurchase program totaling $330 million.Record Insurance-in-Force and Financial Performance
National MI closed 2024 with a record $210.2 billion of high-quality, high-performing primary insurance-in-force and generated record adjusted net income of $365.6 million, up 13% compared to 2023.
Strong New Business and Customer Engagement
The company activated 118 new lenders in 2024, ending the year with over 1,600 active accounts and generating $11.9 billion of NIW volume in Q4, contributing to a total of $46 billion during the year.
Outstanding Credit Performance
The insurance portfolio is the fastest growing, highest quality, and best performing in the MI industry, helping a record number of borrowers gain access to housing.
Efficient Capital Management and Shareholder Returns
Completed a successful debt refinancing as an investment-grade issuer, returned capital through a repurchase program, and achieved a record full-year adjusted return on equity of 17.6%.
Positive Regulatory Environment and Market Conditions
Conversations with policymakers have been active and constructive, with bipartisan recognition of the private mortgage insurance industry’s role in expanding access to homeownership.
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NMIH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NMIH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $38.80 | $36.95 | -4.77% |
| Nov 06, 2024 | $39.28 | $37.25 | -5.17% |
| Jul 30, 2024 | $39.20 | $39.35 | +0.38% |
| Apr 30, 2024 | $30.86 | $31.65 | +2.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NMI Holdings Inc (NMIH) report earnings?
NMI Holdings Inc (NMIH) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is NMI Holdings Inc (NMIH) earnings time?
NMI Holdings Inc (NMIH) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NMIH EPS forecast?
NMIH EPS forecast for the fiscal quarter 2025 (Q1) is 1.11.
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