NMI Holdings Inc (NMIH) Stock AnalysisNMIHStock AnalysisNMI Holdings Inc

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. 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). It offers outsourced loan review services to mortgage originators through NMIS. It also offers post-close underwriting reviews, which the Company refers to as independent validations, for both non-delegated and delegated loans. It operates in the Financials sector (SURETY INSURANCE industry).

NMI Holdings Inc is currently a hold. The stock's current price is $44.81, which is below the average analyst price target of $48, indicating potential upside. However, the RSI is at 38.435, suggesting the stock is nearing oversold conditions, which could lead to a price rebound. The main risk is the recent downgrade by Keefe Bruyette, which reflects concerns over valuation after a 25% increase in shares since June.

8 analysts cover NMIH: 6 rate it Buy, 2 Hold and 0 Sell. The average price target is 45.00.