NMIH NMI Holdings, Inc.
Nasdaq · Financials · Surety Insurance · Market cap $3.0B · $38.83 on 2026-10-02
Buy (Payback/Ten Cap)Tier ADetailed (TTM)
financial (bank/insurer/broker): OCF-based tests less meaningful
Price moves
1 week-6%
1 month-13%
3 months-5%
6 months3%
YTD-4%
1 year6%
Off 52w high-17%
52w range$35–$47
Price history
Show year-end values
| Year | Price |
|---|---|
| 2016 | $10.65 |
| 2017 | $17.00 |
| 2018 | $17.85 |
| 2019 | $33.18 |
| 2020 | $22.65 |
| 2021 | $21.85 |
| 2022 | $20.90 |
| 2023 | $29.68 |
| 2024 | $36.76 |
| 2025 | $40.79 |
| 2026-10-02 (latest) | $38.83 |
Buy (MOS)
$25
$25
Sticker
$49
$49
Ten Cap
$57
$57
Payback Time
$91
$91
Price
$39
$39
Valuation
| Buy (MOS) 50% of Sticker | $24.50 | -37% |
|---|---|---|
| Ten Cap 10× owner earnings | $57.34 | 48% |
| Payback Time 8-year FCF payback | $90.52 | 133% |
| Sticker Rule #1 intrinsic value | $49.01 | 26% |
| Windage growth g | 15.0% | |
| Future P/E (min 2g, 10y median) | 9.6× | |
| P/E · 10y median | 7.6× | 9.6× |
| EPS TTM 2026-06-30 | $5.08 | |
| FCF yield | 14.8% | |
| Dividend (TTM) · yield | – | – |
| Total return per year, dividends reinvested · 5y · 10y | 11.2% | 16.4% |
| Revenue · net income last FY | $706M | $389M |
Big Five 12/15 tests ≥10%
| 10y | 5y | 1y | |
|---|---|---|---|
| ROIC | 13% | 15% | 15% |
| Sales growth | 29% | 10% | 9% |
| EPS growth | – | 18% | 11% |
| BVPS growth | 17% | 14% | 20% |
| OCF growth | 26% | 11% | 7% |
| Debt payoff (yrs of FCF) | 0.0 |
Events
next report ~2026-10-30
Next report ≈ 2026-10-30 · SEC filings ·Yahoo Finance
Research
- Rule #1 weekly scout, 4 Oct 2026 2026-10-04