Zacks Investment Research·1d ago
NMIH Q3 Earnings Miss Estimates on Higher Claims and CostsNMI Holdings' Q3 earnings face pressure from rising claims and expenses, despite portfolio growth and stronger investment income.
NMI Holdings is compounding capital at a high rate, with total revenue up 8.1% year-over-year in 2026Q2 and net income of $105.8M, while maintaining an exceptionally low loss ratio of 11.0%.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $1.23-5.4% vs $1.30 | $188M+17.8% vs $159M |
Q3 2026 Jul 30, 2026 | $1.38+7.8% vs $1.28 | $158M+0.8% vs $156M |
Q2 2026 Apr 30, 2026 | $1.28+4.9% vs $1.22 | $155M+0.5% vs $154M |
Q1 2026 Feb 10, 2026 | $1.20+2.6% vs $1.17 | $152M-0.2% vs $153M |
NMI Holdings' Q3 earnings face pressure from rising claims and expenses, despite portfolio growth and stronger investment income.
NMI NASDAQ: NMIH reported third-quarter 2026 adjusted net income of $93.7 million as its mortgage insurance portfolio reached a record $229.7 billion, though higher claims expense weighed on profit compared with the prior quarter.
The headline numbers for NMI Holdings (NMIH) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
NMI Holdings, Inc. (NMIH) Q3 2026 Earnings Call Transcript
Benchmark NMIH against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for NMI Holdings, Inc. (NMIH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $39.03 | $2.97B | 7.56 | 8.39% | 53.13% | 14.78% | — | |
| $28.60 | $5.87B | 8.49 | 0.49% | 58.12% | 13.8% | 2.05% | |
| $35.97 | $4.78B | 8.65 | -3.36% | 28.41% | 11.73% | 2.93% | |
| $63.41 | $5.84B | 8.37 | -0.49% | 49.31% | 12% | 1.92% | |
| $65.59 | $3.41B | 14.52 | 55.29% | 5.44% | 5.54% | 1.77% | |
| $46.43 | $6.48B | 9.46 | 2.37% | 54.13% | 12.75% | 1.74% |
NMI Holdings, Inc. (NMIH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
NMI Holdings, Inc. (NMIH) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
May 15, 2026·SEC
Apr 30, 2026·SEC
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NMI Holdings, Inc. (NMIH) stock FAQ — growth, dividends, profitability & financials explained
NMI Holdings, Inc. (NMIH) grew revenue by 6.8% over the trailing twelve months, compared with the twelve months before.
Yes. NMI Holdings, Inc. (NMIH) earned $392.8M in net income over the trailing twelve months (a 53.1% net margin).
NMI Holdings, Inc. (NMIH) had a return on equity (ROE) of 14.8% over the trailing twelve months. That is in line with the market's typical 10-15%.
NMI Holdings, Inc. (NMIH) has a combined ratio of 29.2%. A ratio below 100% indicates underwriting profitability.
