NMI Holdings Inc (NMIH) is 3.81% away from 50-day simple Moving Average despite all headwinds

NMI Holdings Inc (NASDAQ: NMIH) started the day on Wednesday, with a price decrease of -1.90% at $39.34, before settling in for the price of $40.10 at the close. Taking a more long-term approach, NMIH posted a 52-week range of $25.62-$42.06.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Financial sector posted annual sales growth of 16.52% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 19.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.41%. This publicly-traded company’s shares outstanding now amounts to $80.88 million, simultaneously with a float of $78.31 million. The organization now has a market capitalization sitting at $3.13 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.00, while the 200-day Moving Average is $32.58.

NMI Holdings Inc (NMIH) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Specialty Industry. NMI Holdings Inc’s current insider ownership accounts for 1.71%, in contrast to 98.90% institutional ownership. According to the most recent insider trade that took place on Aug 27 ’24, this organization’s Chief Admin. Officer & GC sold 3,000 shares at the rate of 40.07, making the entire transaction reach 120,210 in total value, affecting insider ownership by 153,689. Preceding that transaction, on Aug 26 ’24, Company’s Chief Admin. Officer & GC sold 2,000 for 40.00, making the whole transaction’s value amount to 80,000. This particular insider is now the holder of 156,689 in total.

NMI Holdings Inc (NMIH) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.

NMI Holdings Inc’s EPS increase for this current 12-month fiscal period is 18.41% and is forecasted to reach 4.78 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.80% through the next 5 years, which can be compared against the 19.21% growth it accomplished over the previous five years trading on the market.

NMI Holdings Inc (NASDAQ: NMIH) Trading Performance Indicators

Let’s observe the current performance indicators for NMI Holdings Inc (NMIH). The Stock has managed to achieve an average true range (ATR) of 0.88. Alongside those numbers, its PE Ratio stands at $9.30, and its Beta score is 1.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.07. Similarly, its price to free cash flow for trailing twelve months is now 8.44.

In the same vein, NMIH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.23, a figure that is expected to reach 1.13 in the next quarter, and analysts are predicting that it will be 4.78 at the market close of one year from today.

Technical Analysis of NMI Holdings Inc (NMIH)

If we take a close look at the recent performances of NMI Holdings Inc (NASDAQ: NMIH), its last 5-days Average volume was 0.55 million that shows progress from its year to date volume of 0.54 million. During the previous 9 days, stock’s Stochastic %D was recorded 21.14% While, its Average True Range was 0.90.

Raw Stochastic average of NMI Holdings Inc (NMIH) in the period of the previous 100 days is set at 78.36%, which indicates a major rise in contrast to 29.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.37% that was lower than 21.31% volatility it exhibited in the past 100-days period.