NMI Holdings' strong insurance growth, credit performance and capital position support earnings, with buybacks adding to shareholder value.

Bank of America Corp DE increased its stake in NMI Holdings Inc (NASDAQ: NMIH) by 22.7% in the undefined quarter, according to the company in its most recent filing with the SEC. The fund owned 1,304,633 shares of the financial services provider's stock after purchasing an additional 241,724 shares during the quarter. Bank

California State Teachers Retirement System boosted its position in NMI Holdings Inc (NASDAQ: NMIH) by 22.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,962 shares of the financial services provider's stock after buying an additional 16,175 shares during the quarter.

NMI Holdings has outperformed, reaching a 52-week high and surpassing my $42 price target, driven by strong credit performance and market share gains. NMIH's prudent underwriting, low default rates, and robust balance sheet underpin resilience, though credit losses are expected to gradually rise as legacy policies diminish. Despite a healthy labor market and incremental investment income tailwinds, NMIH's more aggressive growth strategy increases exposure to potential home price declines.

NMIH beat Q2 earnings estimates as premium growth, stronger investment income and lower claims lifted revenues and profitability.

While the top- and bottom-line numbers for NMI Holdings (NMIH) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

NMI Holdings, Inc. (NMIH) Q2 2026 Earnings Call Transcript

NMI Holdings (NMIH) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.22 per share a year ago.

EMERYVILLE, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $105.8 million, or $1.38 per diluted share, for the second quarter ended June 30, 2026, compared to $99.3 million, or $1.28 per diluted share, for the first quarter ended March 31, 2026 and $96.2 million, or $1.21 per diluted share, for the second quarter ended June 30, 2025. Adjusted net income for the quarter was $106.0 million, or $1.38 per diluted share, compared to $99.4 million, or $1.28 per diluted share, for the first quarter ended March 31, 2026 and $96.5 million, or $1.22 per diluted share, for the second quarter ended June 30, 2025.

Bank of New York Mellon Corp lessened its stake in NMI Holdings Inc (NASDAQ: NMIH) by 4.2% in the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 498,157 shares of the financial services provider's stock after selling 21,953 shares during the period.