- ISIN
- US6292093050
- CUSIP
- 629209305
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- IPO Date
- Nov 8, 2013
Highlights
- Market Cap
- $3.37B
- Enterprise Value
- -$68.76B
- EPS (TTM)
- $2.64K
- PE Ratio
- 0.02
- PEG Ratio
- 0.00
- Total Revenue (TTM)
- $371.73B
- Gross Profit (TTM)
- $319.26M
- EBITDA (TTM)
- $276.38B
- Year Range
- $34.84 - $46.74
- Target Price
- $46.00
- ROA (TTM)
- 5.14%
- ROE (TTM)
- 7.59%
- Avg. Volume (1M)
- 467K
- Avg. Volume Value (1M)
- $19.76M
Share Price Chart
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Performance
NMIH Performance Chart
NMI Holdings, Inc. (NMIH) is up 8.6% since the beginning of the year. At $44 per share, NMIH is trading 5.2% below its 52-week high of $47. Investors who bought $1,000 worth of NMIH shares 5 years ago would now be looking at an investment worth $2,012.
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Returns By Period
NMI Holdings, Inc. (NMIH) has returned 8.61% so far this year and 19.12% over the past 12 months. Looking at the last ten years, NMIH has achieved an annualized return of 21.87%, outperforming the S&P 500 Index benchmark, which averaged 13.26% per year.
NMI Holdings, Inc.
- 1D
- 1.98%
- 1M
- 7.94%
- 6M
- 14.41%
- YTD
- 8.61%
- 1Y
- 19.12%
- 3Y*
- 17.99%
- 5Y*
- 15.01%
- 10Y*
- 21.87%
- ALL TIME*
- 9.47%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
NMIH Monthly Returns History
Based on dividend-adjusted daily data since Nov 8, 2013, NMIH's average daily return is +0.07%, while the average monthly return is +1.33%. At this rate, an investment would double in approximately 4.4 years.
Historically, 56% of months were positive and 44% were negative. The best month was Jul 2018 with a return of +28.2%, while the worst month was Mar 2020 at -50.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.
On a daily basis, NMIH closed higher 51% of trading days. The best single day was Mar 26, 2020 with a return of +17.4%, while the worst single day was Mar 18, 2020 at -23.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.07% | 1.52% | -4.58% | 3.20% | -7.26% | 14.46% | 7.81% | 8.61% | |||||
| 2025 | 5.06% | -5.64% | -1.07% | 0.33% | 9.81% | 6.22% | -11.54% | 5.44% | -2.57% | -4.98% | 4.72% | 6.92% | 10.96% |
| 2024 | 7.55% | -5.76% | 7.51% | -4.58% | 7.52% | 2.59% | 15.60% | 4.37% | 0.29% | -6.09% | 3.39% | -8.08% | 23.85% |
| 2023 | 11.15% | 0.47% | -4.33% | 4.79% | 7.48% | 2.66% | 3.45% | 7.15% | -5.35% | 0.96% | 0.55% | 7.93% | 42.01% |
| 2022 | 13.23% | -6.47% | -10.89% | -10.86% | 1.25% | -10.53% | 13.75% | 8.39% | -0.78% | 7.66% | -1.82% | -2.93% | -4.35% |
| 2021 | -6.36% | 7.78% | 3.41% | 9.31% | -6.39% | -7.07% | -2.05% | 2.50% | 0.18% | 7.39% | -19.28% | 11.48% | -3.53% |
Benchmark Metrics
NMI Holdings, Inc. has an annualized alpha of 2.84%, beta of 1.08, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since November 08, 2013.
- This stock participated in 101.43% of S&P 500 Index downside but only 90.19% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.23 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.84%
- Beta
- 1.08
- R²
- 0.23
- Upside Capture
- 90.19%
- Downside Capture
- 101.43%
Return for Risk
Risk / Return Rank
NMIH ranks 67 for risk / return — above 67% of stocks peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for NMI Holdings, Inc. (NMIH) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NMIH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 2.00 | -0.77 |
| Martin ratioReturn relative to average drawdown | 2.57 | 8.49 | -5.92 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the NMI Holdings, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NMI Holdings, Inc. was 73.07%, occurring on Mar 23, 2020. Recovery took 1084 trading sessions.
The current NMI Holdings, Inc. drawdown is 0.09%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-73.07%Mar 2020 | 1mo 10d | 4y 3mo | 4y 5moFeb 2020 - Jul 2024 | COVID crash2020 |
-68.83%Feb 2016 | 2y 2mo | 1y 8mo | 3y 10moNov 2013 - Oct 2017 | — |
-36.87%Apr 2018 | 1mo 11d | 3mo 25d | 5mo 6dFeb 2018 - Aug 2018 | — |
-32.65%Dec 2018 | 2mo 28d | 1mo 27d | 4mo 25dSep 2018 - Feb 2019 | Rate-hike selloffLate 2018 |
-21.42%Apr 2025 | 6mo 22d | 2mo 17d | 9mo 9dSep 2024 - Jun 2025 | 2025 selloff2025 |
Drawdown Indicators
| NMIH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.07% | -56.78% | -16.29% |
Max Drawdown (1Y)Largest decline over 1 year | -15.28% | -9.10% | -6.18% |
Max Drawdown (3Y)Largest decline over 3 years | -21.42% | -18.90% | -2.52% |
Max Drawdown (5Y)Largest decline over 5 years | -41.78% | -25.43% | -16.35% |
Max Drawdown (10Y)Largest decline over 10 years | -73.07% | -33.92% | -39.15% |
Current DrawdownCurrent decline from peak | -0.09% | -1.58% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -26.55% | -10.70% | -15.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.30% | 2.14% | +5.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of NMI Holdings, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how NMI Holdings, Inc. is priced in the market compared to other companies in the Insurance - Specialty industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for NMIH, comparing it with other companies in the Insurance - Specialty industry. Currently, NMIH has a P/E ratio of 0.0. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for NMIH compared to other companies in the Insurance - Specialty industry. NMIH currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for NMIH relative to other companies in the Insurance - Specialty industry. Currently, NMIH has a P/S ratio of 0.0. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for NMIH in comparison with other companies in the Insurance - Specialty industry. Currently, NMIH has a P/B value of 0.0. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
| TTM | |
|---|---|
Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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