Keefe, Bruyette & Woods has upgraded NMI Holdings Inc (NMIH) to Outperform from Market Perform, reflecting a more optimistic outlook on the company's prospects. The upgrade, effective December 17, 2025, comes as NMI Holdings continues to demonstrate its resilience in the financial services sector, particularly in private mortgage guaranty insurance.
Currently priced at $41.25, NMI Holdings boasts a market capitalization of $3.0 billion and a price-to-earnings (P/E) ratio of 7.93. The company, headquartered in Emeryville, California, employs 233 full-time staff and operates its primary insurance subsidiary, NMIC, which is licensed to write mortgage insurance coverage across all 50 states and the District of Columbia.
NMI Holdings is scheduled to report its next earnings on July 27, 2026, with an estimated EPS of $1.30 and revenue of $158.3 million. The recent analyst consensus indicates a Buy rating, with 4 Strong Buy, 5 Buy, and 4 Hold ratings. This update provides insight into the evolving sentiment surrounding NMI Holdings as it navigates the complexities of the mortgage insurance market.