NMI Holdings Inc. (NASDAQ:NMIH) Stock: Worth Taking a Bite?

AMZN

NMI Holdings Inc. (NASDAQ:NMIH) has a beta of 1.72, a 12-month trailing P/E ratio of 12.23, and a growth ratio of 0.55. The stock’s Relative Strength Index (RSI) is 52.43, with weekly volatility at 2.84% and ATR at 0.76. The NMIH stock’s 52-week price range has touched low of $13.55 and a $26.82 high. Its shares traded lower over the last trading session, losing -0.74% on 05/28/21. The shares fell to a low of $23.92 before closing at $24.19. Intraday shares traded counted 0.39 million, which was 46.57% higher than its 30-day average trading volume of 735.40K. NMIH’s previous close was $24.37 while the outstanding shares total 85.32M.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Investors have identified the Insurance – Property & Casualty company NMI Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.09 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

NMI Holdings Inc. (NMIH) Fundamentals that are to be considered.

NMIH were able to record 83.01 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by -11.42 million. In cash movements, the company had a total of 85.46 million as operating cash flow.

Having a look at the company’s valuation, the company is expected to record 3.22 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NMIH sounds very interesting.

Is the stock of NMIH attractive?

In related news, EVP, Chief Operating Officer, Mathis Patrick L sold 23,157 shares of the company’s stock in a transaction that recorded on May 20. The sale was performed at an average price of 23.80, for a total value of 551,194. As the sale deal closes, the SVP, Controller, Norberg Julie now sold 2,100 shares of the company’s stock, valued at 49,266. Also, EVP, General Counsel, Leatherberry William J sold 5,000 shares of the company’s stock in a deal that was recorded on May 05. The shares were price at an average price of 25.25 per share, with a total market value of 126,250. Following this completion of acquisition, the Executive Chairman, SHUSTER BRADLEY M now holds 23 shares of the company’s stock, valued at 553. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.10%.

10 out of 12 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on NMI Holdings Inc.. 0 analysts has assigned a Sell rating on the NMIH stock. The 12-month mean consensus price target for the company’s shares has been set at $31.10.