NMI Holdings stock hits all-time high at 42.58 USD

Published 01/07/2025, 14:56
NMI Holdings stock hits all-time high at 42.58 USD

NMI Holdings (NASDAQ:NMIH) Inc. stock reached an all-time high of 42.58 USD, marking a significant milestone for the company. According to InvestingPro data, the company maintains a "GREAT" overall financial health score of 3.46 out of 5. Over the past year, NMI Holdings has seen a notable growth of 24.02%, reflecting investor confidence and strong market performance. The company’s impressive metrics include a P/E ratio of 8.72 and a robust gross profit margin of 80.66%. This new peak underscores the company’s robust financial health and strategic positioning in the market, as it continues to build on its momentum. The achievement of this all-time high is a testament to the company’s resilience and its ability to navigate the complexities of the financial landscape. With four analysts recently revising earnings upward and a current market capitalization of $3.3 billion, InvestingPro subscribers can access 8 additional key insights about NMI Holdings’ growth potential and financial outlook.

In other recent news, NMI Holdings reported impressive first-quarter 2025 earnings, with earnings per share (EPS) of $1.28, surpassing the forecast of $1.11. The company also reported record revenue of $173.2 million, exceeding expectations of $146.62 million, marking a significant positive surprise for investors. In addition to these financial achievements, NMI Holdings generated $9.2 billion in new insurance volume, ending the quarter with $211.3 billion in primary insurance in force. The company’s stockholder meeting saw the election of directors, with all nominees receiving majority support, and the approval of the executive compensation package through an advisory vote. Furthermore, shareholders ratified the appointment of BDO USA, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. These developments reflect strong shareholder confidence in the company’s governance and financial practices. NMI Holdings continues to focus on product innovation and risk management, maintaining a strong market position with a high-quality insured portfolio.

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