NMI Holdings Inc (NASDAQ: NMIH) on Monday, soared 3.28% from the previous trading day, before settling in for the closing price of $38.73. Within the past 52 weeks, NMIH’s price has moved between $27.00 and $42.49.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 16.52%. The company achieved an average annual earnings per share of 18.04%. With a float of $77.80 million, this company’s outstanding shares have now reached $80.88 million.
The extent of productivity of a business whose workforce counts for 238 workers is very important to gauge. In terms of profitability, gross margin is 99.92%, operating margin of 58.02%, and the pretax margin is 71.99%.
NMI Holdings Inc (NMIH) Insider and Institutional Ownership
Observing investor behavior towards Insurance – Specialty industry stocks is more important than anything else. The insider ownership of NMI Holdings Inc is 1.68%, while institutional ownership is 98.43%. The most recent insider transaction that took place on Sep 18 ’24, was worth 12,222. In this transaction VP, Controller of this company sold 291 shares at a rate of $42.00, taking the stock ownership to the 9,536 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Chief Admin. Officer & GC sold 3,000 for $40.07, making the entire transaction worth $120,210. This insider now owns 153,689 shares in total.
NMI Holdings Inc (NMIH) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 18.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.05% during the next five years compared to 19.21% growth over the previous five years of trading.
NMI Holdings Inc (NASDAQ: NMIH) Trading Performance Indicators
NMI Holdings Inc (NMIH) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.04. Likewise, its price to free cash flow for the trailing twelve months is 8.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.37, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach 4.77 in one year’s time.
Technical Analysis of NMI Holdings Inc (NMIH)
The latest stats from [NMI Holdings Inc, NMIH] show that its last 5-days average volume of 0.53 million was inferior to 0.53 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.31%. Additionally, its Average True Range was 0.96.
During the past 100 days, NMI Holdings Inc’s (NMIH) raw stochastic average was set at 71.44%, which indicates a significant decrease from 86.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.90% in the past 14 days, which was higher than the 25.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.65, while its 200-day Moving Average is $35.30. Now, the first resistance to watch is $40.54. This is followed by the second major resistance level at $41.08. The third major resistance level sits at $41.98. If the price goes on to break the first support level at $39.11, it is likely to go to the next support level at $38.21. The third support level lies at $37.67 if the price breaches the second support level.
NMI Holdings Inc (NASDAQ: NMIH) Key Stats
Market capitalization of the company is 3.20 billion based on 79,132K outstanding shares. Right now, sales total 579,000 K and income totals 322,110 K. The company made 166,090 K in profit during its latest quarter, and 92,810 K in sales during its previous quarter.
