How to Buy Nmi Holdings Stock
Nmi Holdings Inc
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators.
Nmi Holdings stock last closed at $31.11, up 0.97% from the previous day, and has increased 39.13% in one year. It has overperformed other stocks in the Insurance - Specialty industry by 0.22 percentage points. Nmi Holdings stock is currently +38.88% from its 52-week low of $22.40, and -4.28% from its 52-week high of $32.50.
As of Apr 26, 2024, there are 80.88M NMIH shares outstanding. The market capitalization of NMIH is $2.52B. In the last 24 hours, 361,199 NMIH shares were traded.
How to Buy Nmi Holdings Stock
Not sure how to invest in Nmi Holdings stock? Here's how.
- Choose where to buy Nmi Holdings stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Nmi Holdings stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your details.
- Research Nmi Holdings stock: The Nmi Holdings ticker symbol is NMIH. Is Nmi Holdings stock a good investment? Should you buy shares of NMIH? How do NMIH's underlying business fundamentals look? Do top analysts think Nmi Holdings is a good buy? Why has NMIH's stock price moved recently? (Hint: Our stock market research website can help you evaluate if NMIH is a good stock to buy).
- Make your NMIH purchase: Decide if you will purchase NMIH shares at the current market price or use a limit order to purchase NMIH stock at a particular price.
- Get updates on your investment in NMIH: Create a watchlist to get the latest news on your position in Nmi Holdings shares.
Step 1: Choose where to buy Nmi Holdings stock
You need an online brokerage account in order to access the NASDAQ market and buy NMIH shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can buy NMIH stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your investment account
Now that you've finished signing up on stock apps to use, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing money into your investment account.
Step 4: Research Nmi Holdings stock
Once you have decided on the best place to buy Nmi Holdings stock, it's critical to research their stock before you buy, so you can comprehend the risk and upside.
Nmi Holdings Metrics
NMIH Zen Score
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on NMIH's stock page.
What is the fair value of NMIH stock?
Investors use many financial metrics, analyses, models, and charts to gauge NMIH's true value.
Using relative valuations metrics:
- NMIH may be undervalued based on its P/E ratio of 7.96x, relative to Insurance - Specialty industry P/E ratio of 27.43x
- NMIH could be undervalued based on its P/B ratio of 1.31x, relative to Insurance - Specialty industry P/B ratio of 1.53x
- NMIH could be overvalued based on its PEG ratio of 1.12x
You can access additional valuation analysis on NMIH's stock here.
A quick look at NMIH Financials
Signs that NMIH is financially healthy:
- NMIH's operating cash flow of $342.68M allows it to safely service it's debt of $397.60M.
- Total NMIH debt is lower than 5 years ago, relative to shareholder equity.
- NMIH earnings of $444.92M is not sufficient to cover its interest payments.
Signs that NMIH is not financially healthy:
- NMIH has a relatively high debt to equity ratio of 0.53.
- NMIH profit margin has gone down from 56% to 55.6% in the past year.
Do Wall Street analysts think it's a good time to buy NMIH stock
Out of 6 Equities analysts who give ratings on NMIH, the consensus analyst rating on NMIH is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest NMIH Analyst Upgrades/Downgrades
Terry Ma, a bottom 27% analyst from Barclays initiates coverage on NMIH with a strong buy rating and announces their NMIH price target of $37.00, on Nov 15, 2023.
You can dig deeper into what analysts are saying on the Nmi Holdings stock forecast page.
NMIH Technicals
How is NMIH performing as a company?
Last year, NMIH earnings were $322.11M. In the last 5 year, NMIH's earnings have gone up by 18.69% per year. This was faster than the Insurance - Specialty industry average of 2.86%.
Last year, NMIH revenue was $579.00M. In the past five year, NMIH's revenue has grown by 16.05% per year. This was faster than the Insurance - Specialty industry average of 9.45%.
Dive into NMIH's earnings and revenue performance here.
Latest Insiders Trades at NMIH
In the last year, executives and large shareholders at NMIH have sold more shares than they have bought.
Robert Owen Smith, EVP Chief Risk Officer of NMIH, was the latest NMIH insider to sell. They sold $93,555.00 worth of NMIH stock on Mar 21, 2024.
Get more info about who owns NMIH shares here.
Can I get consistent income from NMIH stock?
No, Nmi Holdings doesn't provide an income stream by paying out dividends.
What do other investors have to say about NMIH?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your NMIH purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place the order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in NMIH
Now that you own some NMIH stock, you'll want to stay up-to-date on your investment.
Put NMIH on a watchlist to get notified of important updates regarding your NMIH stock.
NMIH Feed
How to Buy Stock in Nmi Holdings
To summarize, here are the 6 steps to buy stock in Nmi Holdings:
- Choose where to buy Nmi Holdings stock
- Open a brokerage account
- Put funds into your investment account
- Research Nmi Holdings stock
- Make your NMIH purchase
- Get updates on your investment in NMIH
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Nmi Holdings, click the button below.
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