Nmi Holdings Stock Price, News & Analysis

NMI Holdings (NASDAQ: NMIH), parent company of National Mortgage Insurance , has scheduled its first quarter 2025 financial results announcement for April 29, 2025, after market close. The company will host a conference call and live webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.

Investors can access the webcast through the company's investor relations website, while the conference call will be available by dialing (844) 481-2708 in the U.S. or (412) 317-0664 internationally. A replay of the webcast and earnings press release with supplemental information will be made available on the company's website.

NMI Holdings (NMIH) reported Q4 2024 net income of $86.2 million ($1.07 per diluted share), compared to $92.8 million ($1.15) in Q3 2024 and $83.4 million ($1.01) in Q4 2023. Full-year 2024 net income reached $360.1 million ($4.43 per share), up from $322.1 million ($3.84) in 2023.

The company's Board authorized an additional $250 million share repurchase plan through December 2027. Primary insurance-in-force grew to $210.2 billion, up 7% year-over-year. Q4 total revenue was $166.5 million, with net premiums earned of $143.5 million. The loss ratio increased to 12.0% from 7.2% in Q3, while the expense ratio was 21.7%.

Book value per share excluding unrealized gains/losses reached $29.80, up 17% year-over-year, with an annualized return on equity of 15.6% for Q4.

NMI Holdings (NASDAQ: NMIH), parent company of National Mortgage Insurance , has scheduled its fourth quarter and full year 2024 financial results announcement for February 6, 2025, after market close. The company will host a conference call and live webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.

Investors can access the webcast through the company's investor relations website, while the conference call will be available by dialing (844) 481-2708 in the U.S. or (412) 317-0664 internationally. A replay of the webcast, earnings release, and supplemental information will be made available on the company's website.

NMI Holdings (NASDAQ: NMIH) has announced the promotion of Mohammad Yousaf to the newly created position of Chief of Operations and Technology, effective January 1, 2025. Yousaf, currently Executive Vice President of Operations and Information Technology, will continue leading National MI's customer platform innovation and technology roadmap. Since joining in 2018, Yousaf has held various leadership positions including Senior VP and Chief Business Transformation Officer. Previously, he served as Senior Managing Director at Home Point Financial and held leadership roles at Mr. Cooper and Wells Fargo.

CEO Adam Pollitzer praised Yousaf's instrumental role in the company's success, highlighting his dedication and leadership in delivering differentiated solutions for customers, community, employees, and shareholders.

NMI Holdings (NMIH) reported Q3 2024 net income of $92.8 million, or $1.15 per diluted share, compared to $92.1 million in Q2 2024 and $84.0 million in Q3 2023. The company's primary insurance-in-force reached $207.5 billion, up 7% year-over-year. Total revenue increased to $166.1 million, with net premiums earned of $143.3 million. The company announced new quota share and excess-of-loss reinsurance agreements for business originated between January 2025 and December 2027. The loss ratio was 7.2%, and the expense ratio stood at 20.3%. Book value per share excluding unrealized gains/losses increased 17% year-over-year to $28.71.

NMI Holdings (NASDAQ: NMIH) has announced two important upcoming events:

1. Third Quarter 2024 Financial Results: To be reported on November 6, 2024, after market close. A conference call and live webcast will be held at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. Investors can access the webcast on the company's website or dial in for the call.

2. Annual Investor Day: Scheduled for November 21, 2024, from 9:00 am to 11:30 am Eastern Time at the St. Regis Hotel in New York City. The event will be live-streamed and presentation materials will be available on the company's website. Investors are reminded to register for the event.

Both events offer opportunities for investors to gain insights into NMI Holdings' performance and future outlook.

NMI Holdings, Inc. (Nasdaq: NMIH) announced that S&P Global Ratings has upgraded its ratings for the company and its subsidiary, National Mortgage Insurance (National MI). S&P raised National MI's long-term insurer financial strength rating to 'A-' and NMI Holdings' issuer credit rating to 'BBB-', both with stable outlooks.

The upgrades were based on several factors, including:

• Strong growth in shareholders' equity
• Balanced and diversified capital structure
• Quality of the insured portfolio
• Track record of underwriting profitability
• Substantial use of reinsurance to protect performance across market cycles

These upgrades reflect S&P's positive assessment of NMI Holdings' and National MI's financial strength and stability in the mortgage insurance industry.

NMI Holdings, parent of National Mortgage Insurance , has announced its annual Investor Day scheduled for November 21, 2024. The event will take place from 9:00 am to 11:30 am Eastern Time at the St. Regis Hotel in New York City.

Investors can attend in person or via live stream on the company's website. A replay will be available after the event. The company has provided a registration link for those interested in attending. This event offers an opportunity for investors to gain insights into NMI Holdings' performance and future strategies.

NMI Holdings (Nasdaq: NMIH) has provided guidance on its capital position under the revised Private Mortgage Insurer Eligibility Requirements (PMIERs) released by Fannie Mae, Freddie Mac, and the Federal Housing Finance Administration on August 21, 2024. As of June 30, 2024, National MI had PMIERs total available assets of $2,828 million, compared to risk-based required assets of $1,652 million, with $1,176 million of excess funding capacity.

Under the revised PMIERs framework, the company estimates that its total available assets would have been $2,800 million and its risk-based required assets would have been $1,656 million as of June 30, 2024, with pro forma excess funding capacity of $1,144 million. The revised PMIERs framework will be implemented in phases starting March 31, 2025, and fully implemented by September 30, 2026. National MI expects to remain in full compliance throughout this period.