US · NMIH
NMI Holdings, Inc.
- Sector
- Financial Services · Insurance - Specialty
- Headquarters
- EmeryVille, CA 94608
- Website
- nationalmi.com
Price · as of 2025-12-31
$37.21
Market cap 3.02B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $392.14 | +953.86% |
| Intrinsic Value(DCF) | $1,454.80 | +3,809.7% |
| Graham-Dodd Method(GD) | $58.40 | +56.95% |
| Graham Formula(GF) | $80.99 | +117.66% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | |||||
| 2012 | |||||
| 2013 | $10.90 | $247.57 | $0.00 | $3.34 | $0.00 |
| 2014 | $7.49 | $53.69 | |||
| 2015 | $5.10 | $84.58 | |||
| 2016 | $10.95 | $55.05 | |||
| 2017 | $20.20 | $45.46 | |||
| 2018 | $24.74 | $49.42 | |||
| 2019 | $24.51 | $51.38 | |||
| 2020 | $24.64 | $44.05 | |||
| 2021 | $20.85 | $44.24 | $1.66 | $31.75 | $51.38 |
| 2022 | $22.18 | $50.40 | $1.32 | $36.21 | $54.44 |
| 2023 | $29.27 | $57.56 | $2.92 | $42.88 | $70.66 |
| 2024 | $35.43 | $64.45 | $0.00 | $50.28 | $90.16 |
| 2025 | $39.63 | $392.14 | $2,409.14 | $58.40 | $80.99 |
AI valuation
Our deep-learning model estimates NMI Holdings, Inc.'s (NMIH) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $392.14
- Current price
- $37.21
- AI upside
- +953.86%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$1,454.80
+3,809.7% upside
Graham-Dodd
$58.40
+56.95% upside
Graham Formula
$80.99
+117.66% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NMIH | NMI Holdings, Inc. | $37.21 | 3.02B | +954% | +3,810% | +57% | +118% | 7.91 | 1.19 | 4.36 | 6.53 | 71.51 | 1.19 | 91.83% | 70.84% | 55.12% | 16.17% | 14.03% | 10.82% | 0.16 | 17.55 | 0.00 | 0.00 | 0.71 | 1106.00% | 839.00% | 668.00% | 13.41% | 0.00 | 14.88% | 0.00% | 0.00% | 3.42% | 6.90 | 8.36 | 4.89 | -123.67 |
| BFH | Bread Financial Holdings,… | $70.86 | 3.23B | +40% | -4% | +46% | +1% | 6.24 | 0.97 | 0.69 | 5.55 | 6.29 | 1.24 | 63.33% | 13.07% | 11.02% | 16.24% | 11.82% | 2.27% | 1.32 | 0.72 | 0.27 | 0.27 | 1.14 | 9927.00% | -206.00% | 1253.00% | 64.72% | 0.14 | 47.37% | 1.30% | 8.10% | 48.63% | 6.27 | 1.84 | 0.82 | -0.08 |
| BHF | Brighthouse Financial, In… | $59.98 | 3.43B | +104% | -60% | +116% | +512% | 7.91 | 0.51 | 0.55 | 1.91 | 31.91 | 0.51 | 70.94% | 7.63% | 6.97% | 7.38% | 11.52% | 0.18% | 0.47 | 3.12 | — | — | -3.57 | 2478.00% | 4216.00% | -6483.00% | -2.98% | — | -2.68% | 2.98% | 23.60% | 15.94% | 2.52 | -11.69 | 0.19 | 0.07 |
| BKU | BankUnited, Inc. | $46.70 | 3.51B | +37% | -31% | -17% | +3% | 13.40 | 1.18 | 1.68 | 13.36 | 89.69 | 1.21 | 49.49% | 16.68% | 12.53% | 9.15% | 4.95% | 0.76% | 0.61 | 0.44 | 0.83 | 0.83 | 4.21 | 1494.00% | 584.00% | 589.00% | 12.78% | 0.02 | 8.61% | 2.56% | 34.20% | 45.27% | 14.70 | 11.43 | 2.45 | 0.11 |
| ECC | Eagle Point Credit Compan… | $4.03 | 527.26M | +484% | +70% | — | — | 7.98 | 0.68 | 5.52 | 10.18 | — | 0.68 | 84.18% | 73.73% | 69.26% | 9.60% | 8.49% | 6.53% | 0.29 | 4.66 | 2.22 | 2.21 | 2.69 | -5057.00% | -1494.00% | 2153.00% | 16.17% | 2.36 | 10.28% | 25.58% | 204.00% | 25.58% | 10.18 | 8.40 | 7.51 | 0.69 |
| ENVA | Enova International, Inc. | $139.05 | 3.44B | +195% | +268% | -24% | +132% | 11.37 | 2.62 | 1.11 | 15.09 | 20.35 | 3.33 | 50.13% | 23.46% | 9.78% | 24.34% | 10.78% | 5.26% | 3.41 | 4.36 | 0.23 | 18.26 | 8.48 | 5585.00% | 1858.00% | 1851.00% | 50.55% | 5.95 | 33.60% | 0.00% | 0.00% | 0.00% | 10.81 | 4.51 | 2.54 | 1.67 |
| HG | Hamilton Insurance Group,… | $31.59 | 3.17B | +214% | +652% | +78% | +308% | 3.81 | 1.13 | 1.17 | 2.53 | 6.96 | 1.17 | 60.27% | 30.08% | 21.03% | 32.62% | 59.24% | 9.67% | 0.05 | 40.86 | 0.85 | 1.53 | -1.19 | 5477.00% | 1529.00% | 1094.00% | 26.31% | 0.61 | 60.50% | 0.00% | 0.00% | 9.01% | 2.64 | 2.59 | 0.79 | 1.08 |
| KMPR | Kemper Corporation | $32.32 | 1.9B | -18% | -60% | -52% | -17% | 14.05 | 0.75 | 0.42 | 10.35 | — | 2.60 | 29.68% | 3.35% | 2.99% | 5.24% | 4.05% | 1.14% | 0.35 | 4.17 | — | — | 2.99 | -5336.00% | 362.00% | 6800.00% | 27.51% | — | 16.92% | 3.95% | 55.50% | 44.20% | 17.62 | 5.11 | 0.59 | 0.79 |
| SFNC | Simmons First National Co… | $19.91 | 2.88B | -0% | -22% | — | +542% | -7.32 | 0.85 | 4.65 | 0.20 | — | 1.45 | 5.80% | -84.18% | -63.43% | -11.44% | -26.44% | -1.55% | 0.19 | -1.01 | 0.86 | 0.86 | -0.55 | -34380.00% | -5666.00% | 814.00% | 14.13% | 0.10 | 27.36% | 3.95% | -28.90% | 10.83% | 0.18 | -0.23 | -0.15 | 0.06 |
| WSBC | WesBanco, Inc. | $34.87 | 3.35B | -13% | +150% | -55% | +55% | 12.87 | 0.70 | 2.06 | 13.18 | — | 1.17 | 61.31% | 19.53% | 15.99% | 5.69% | 6.11% | 0.83% | 0.53 | 0.53 | 0.06 | 0.06 | 4.51 | -996.00% | 1488.00% | 3668.00% | 10.29% | 0.01 | 8.09% | 5.00% | 64.40% | 17.12% | 14.26 | 13.16 | 2.79 | -0.62 |
About NMI Holdings, Inc.
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.
- CEO
- Adam S. Pollitzer
- Employees
- 230
- Beta
- 0.64
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($1,454.80 ÷ $37.21) − 1 = +3,809.7% (DCF, example).