NMI stock: buy or sell?
February 25th, 2020
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States.
Should I buy NMI stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, NMI stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is NMI stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't detect any rating for NMIH stock for the last 30 days.
NMI stock analysis
Shares of NMI closed today at $26.56 and eased a horrible -3.24%.
Shares of NMI eased a horrible -3.24% and closed at $26.56. Since Thursday when NMIH stock price broke down the SMA200d line, it slid $-3.10 per share (-10.45%). Since October when SMA50d and SMA100d crossed up, NMIH price slipped $-2.81 per share (-9.57%). On December, NMIH hit a new all time high, pushing higher than on December tops. Check different trading setups that use ATHs as triggers.
NMI shares plunged -6.74% this week, ending at $26.56. For 3 weeks in a row, price slid and lost a -22.68%. Early February NMIH climbed a phenomenal 5.56% in just one week.
Not so far away is the last price record NMI marked by mid December 2019, but since then it dropped a 25.79%. Since mid February, when NMIH stock price broke down the 40-weeks moving avarage line, it slid $-7.24 per share (-21.42%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
NMI stock price history
NMI stock went public on November 8th, 2013 with a price of $14.001. Since then, NMIH stock surged a 89.70%, with an average of 15.00% per year. If you had invested right after NMIH's IPO a $1,000 in NMI stock in 2013, it would worth $897.00 today.
1: Adjusted price after possible price splits or reverse-splits.
NMI stock historical price chart
NMIH stock reached all-time highs on December with a price of $35.79.
NMI stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for NMI stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, NMI presented its financial report, close to analysts' consensus and published a $0.46 Earnings per Share. As soon as we get its posted EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an astounding increase of 53.17% to $273.63 M dollars. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) skyrocketed a 27.10% to 39.44%.
|2013||$7.09 M||-||$-55.18 M-778.3%||-|
|2014||$22 M||213.23%||$-48.91 M-220.2%||-11.37%|
|2015||$54 M||141.50%||$-27.79 M-51.8%||-43.17%|
|2016||$122 M||127.31%||$66 M54.0%||-336.90%|
|2017||$179 M||46.53%||$22 M12.3%||-66.51%|
|2018||$274 M||53.17%||$108 M39.4%||389.46%|
Quarterly financial resultsNMI reported $79.80 million in sales for 2018-Q4, a 20.36% improvement compared to previous quarter. Reported quarter earnings marked $35.52 M with a profit margin of 44.51%. Profit margin jumped a 7.09% compared to previous quarter when profit margin was 37.42%. When comparing turnover to same quarter last year, NMI sales marked a dazzling increase and boosted a 56.12%.
|2017-Q2||$42 M||-||$6 M14.2%||-|
|2017-Q3||$48 M||14.81%||$12 M25.4%||104.86%|
|2017-Q4||$51 M||5.49%||$-2 M-3.5%||-114.34%|
|2018-Q1||$60 M||17.33%||$22 M37.3%||-1,365.86%|
|2018-Q2||$68 M||12.66%||$25 M37.4%||12.91%|
|2018-Q3||$66 M||-1.87%||$25 M37.4%||-1.70%|
|2018-Q4||$80 M||20.36%||$36 M44.5%||43.16%|
|2019-Q1||$76 M||-5.23%||$33 M43.5%||-7.38%|
NMI ownershipWhen you are planning to invest in shares of a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For NMI, 1.97% of all outstanding shares are owned by its staff.
Bearish positions for NMIH stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to NMI:
|Market cap||$1.8 B|
|Total shares||68.4 M|
|Float shares||62.9 M|
|- Institutional holdings (%)||90.5%|
|- Insider holdings (%)||2.0%|
|Shares in short selling||0.0%|
|Tuesday, February 25th, 2020|
|Day range||$26.17 - $27.71|
|Average true range||$1.46|
|50d mov avg||$32.37|
|100d mov avg||$31.52|
|200d mov avg||$29.59|
NMI performanceTo better understand NMI performance you must becnhmark its gains with other related stocks in same sector or industry. For NMI, the comparison is made against .