NMI Holdings Inc
NASDAQ:NMIH

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NMI Holdings Inc
NASDAQ:NMIH
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Price: 36.54 USD -0.11% Market Closed
Market Cap: 2.9B USD
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NMI Holdings Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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NMI Holdings Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
NMI Holdings Inc
NASDAQ:NMIH
Cash Equivalents
$133.2m
CAGR 3-Years
11%
CAGR 5-Years
24%
CAGR 10-Years
0%
MGIC Investment Corp
NYSE:MTG
Cash Equivalents
$288.6m
CAGR 3-Years
18%
CAGR 5-Years
12%
CAGR 10-Years
2%
PennyMac Financial Services Inc
NYSE:PFSI
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
UWM Holdings Corp
NYSE:UWMC
Cash Equivalents
$497.5m
CAGR 3-Years
-26%
CAGR 5-Years
64%
CAGR 10-Years
N/A
Rocket Companies Inc
NYSE:RKT
Cash Equivalents
$1.1B
CAGR 3-Years
-17%
CAGR 5-Years
1%
CAGR 10-Years
N/A
Mr Cooper Group Inc
NASDAQ:COOP
Cash Equivalents
$733m
CAGR 3-Years
0%
CAGR 5-Years
15%
CAGR 10-Years
62%
No Stocks Found

NMI Holdings Inc
Glance View

Market Cap
2.9B USD
Industry
Financial Services

NMI Holdings Inc., the parent company of National Mortgage Insurance Corporation, operates at the heart of the housing finance system in the United States, providing vital private mortgage insurance solutions. As housing remains a cornerstone of the American Dream, NMI Holdings emerges as a critical enabler, facilitating the pathway to homeownership for a diverse array of individuals. The company's business model revolves around offering private mortgage insurance to lenders, a financial guardrail that shields mortgage issuers against default risks. By transferring some of this risk to themselves, NMI Holdings helps lenders originate higher-risk loans with smaller down payments, effectively enabling more people to purchase homes. This strategic positioning not only fosters financial inclusivity but also generates a stable revenue stream, derived largely from premium payments on mortgage insurance policies. The company's revenue model is intricately tied to the housing and mortgage sectors' cyclical nature. Premiums form the backbone of NMI Holdings' revenue, and as more policies are underwritten, corresponding revenues increase, presenting a scalable growth opportunity. The company's profitability is closely linked to a delicate balance of risk management and market expansion. NMI employs rigorous underwriting standards and risk assessment procedures to safeguard its financial stability while simultaneously capitalizing on an expanding market space filled with prospective homeowners. By leveraging advanced technologies and data analytics, NMI Holdings refines its risk assessment processes, ensuring sustainable growth and resilience against market volatility. This strategic foresight not only empowers NMI Holdings to serve an ever-growing customer base but also reinforces its foothold within the competitive landscape of mortgage insurance.

NMIH Intrinsic Value
56.51 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

What is NMI Holdings Inc's Cash Equivalents?
Cash Equivalents
133.2m USD

Based on the financial report for Sep 30, 2024, NMI Holdings Inc's Cash Equivalents amounts to 133.2m USD.

What is NMI Holdings Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
0%

Over the last year, the Cash Equivalents growth was -24%. The average annual Cash Equivalents growth rates for NMI Holdings Inc have been 11% over the past three years , 24% over the past five years .

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