NMI Holdings, Inc.

NMIH

US6292093050

Property & Casualty Insurance

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-15 pm EDT			5-day change	1st Jan Change
29.64 ^USD	-0.77%		-4.94%	-0.13%

Apr. 04	Keefe Buyette & Woods Raises NMI Holdings' Price Target to $36 From $33, Maintains Market Perform Rating	MT
Apr. 03	JPMorgan Adjusts NMI Holdings Price Target to $35 From $34, Maintains Overweight Rating	MT

NMI Holdings, Inc. Named to Fortune’s List of 100 Fastest-Growing Companies

November 18, 2021 at 08:31 am EST

EMERYVILLE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), has been ranked 35^th on Fortune’s 100 Fastest-Growing Companies list for 2021. The list ranks the top-performing publicly traded companies in revenues, profits and stock returns over the three-year period ending on or before April 30, 2021. The company was also named to the Fortune list of 100 Fastest-Growing companies in 2020.

“We’re delighted to be recognized on Fortune’s 100 Fastest-Growing Companies list for the second year in a row,” said Claudia Merkle, CEO of National MI. “We are leading with impact and have delivered standout performance for our customers, our high-quality insured portfolio and our financial results. Our talented and dedicated team has worked tirelessly to support lenders and borrowers through the pandemic, and their hard work has propelled our continued success.”

In Fortune’s analysis, NMI Holdings, Inc. delivered annualized revenue growth of 32% and earnings per share (EPS) growth of 63% through the three-year period ending March 31, 2021. The company ranked ninth on Fortune’s Fastest-Growing list in the Diversified Financial Services category.

Adam Pollitzer, Chief Financial Officer, said, “Being named to Fortune’s 100 Fastest-Growing Companies list is a testament to the balance and success of National MI’s strategy – working to support our lender customers and their borrowers with a differentiated commitment and standard of service, while also driving responsible growth in our high-quality insured portfolio and strong risk-adjusted returns for our shareholders.”

About NMI Holdings, Inc.

NMI Holdings, Inc. (NASDAQ: NMIH) is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com.

Press Contact
Mary McGarity
Strategic Vantage Mortgage Public Relations
(203) 513-2721
MaryMcGarity@StrategicVantage.com

Investor Contact
John M. Swenson
Vice President, Investor Relations and Treasury
john.swenson@nationalmi.com
(510) 788-8417

Source: NMI Holdings, Inc.

2021 GlobeNewswire, Inc., source Press Releases

Latest news about NMI Holdings, Inc.

Keefe Buyette & Woods Raises NMI Holdings' Price Target to $36 From $33, Maintains Market Perform Rating	Apr. 04	MT
JPMorgan Adjusts NMI Holdings Price Target to $35 From $34, Maintains Overweight Rating	Apr. 03	MT
Nmi Holdings Insider Sold Shares Worth $1,470,895, According to a Recent SEC Filing	Mar. 14	MT
NMI Holdings Appoints Aurora Swithenbank as Chief Financial Officer	Mar. 04	MT
NMI Holdings Insider Sold Shares Worth $1,655,707, According to a Recent SEC Filing	Mar. 04	MT
NMI Holdings, Inc. Announces Management Changes, Effective from May 1, 2024	Mar. 04	CI
NMI Holdings, Inc. Announces CFO Changes, Effective from May 1, 2024	Mar. 04	CI
JPMorgan Adjusts Price Target on NMI to $34 From $33, Maintains Overweight Rating	Feb. 15	MT
Truist Adjusts Price Target on NMI Holdings to $36 From $34, Maintains Buy Rating	Feb. 15	MT
RBC Raises Price Target on NMI Holdings to $33 From $31 After Q4 2023 Results Top Estimates; Keeps Sector Perform Rating	Feb. 15	MT
NMI Holdings Q4 Adjusted Earnings, Revenue Rise; Shares Rise After Hours	Feb. 14	MT
Transcript : NMI Holdings, Inc., Q4 2023 Earnings Call, Feb 14, 2024	Feb. 14
NMI Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 14	CI
Earnings Flash (NMIH) NMI HOLDINGS Reports Q4 Revenue $151.4M, vs. Street Est of $150.7M	Feb. 14	MT
Earnings Flash (NMIH) NMI HOLDINGS Reports Q4 EPS $1.01, vs. Street Est of $0.96	Feb. 14	MT
Tranche Update on NMI Holdings, Inc.'s Equity Buyback Plan announced on February 15, 2022.	Feb. 13	CI
Tranche Update on NMI Holdings, Inc.'s Equity Buyback Plan announced on August 1, 2023.	Feb. 13	CI
NMI Holdings, Inc.'s Equity Buyback announced on February 15, 2022, has expired with 5,605,245 shares, representing 6.66% for $125 million.	Dec. 30	CI
Nmi Holdings Insider Sold Shares Worth $5,162,030, According to a Recent SEC Filing	Dec. 27	MT
Nmi Holdings Insider Sold Shares Worth $6,196,753, According to a Recent SEC Filing	Dec. 26	MT
UBS Initiates Coverage on NMI Holdings With Buy Rating, $36 Price Target	Dec. 06	MT
NMI Holdings Appoints Chief Administrative Officer	Dec. 04	MT
NMI Holdings, Inc. Appoints William Leatherberry as Chief Administrative Officer, Effective January 1, 2024	Dec. 04	CI
Transcript : NMI Holdings, Inc. - Analyst/Investor Day	Nov. 16
Nmi Holdings Insider Sold Shares Worth $243,704, According to a Recent SEC Filing	Nov. 06	MT

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Company Profile

NMI Holdings, Inc. provides mortgage insurance (MI) through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.

Sector

Property & Casualty Insurance

Calendar

2024-04-30 - Q1 2024 Earnings Release

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Ratings for NMI Holdings, Inc.

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Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

29.64 USD

Average target price

36 USD

Spread / Average Target

+21.46%

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Property Insurance

NMI Holdings, Inc.

Equities

NMIH

US6292093050

Property & Casualty Insurance

NMI Holdings, Inc. Named to Fortune’s List of 100 Fastest-Growing Companies

EPS Revisions