
Current Price | $25.31 | Mkt Cap | $2.1B |
---|---|---|---|
Open | $25.10 | P/E Ratio | 7.19 |
Prev. Close | $25.15 | Div. (Yield) | $0.00 (0.0%) |
Daily Range | $24.95 - $25.32 | Volume | 19,579 |
52-Wk Range | $15.33 - $25.90 | Avg. Daily Vol. | 381,298 |
Current Price | $25.31 | Mkt Cap | $2.1B |
---|---|---|---|
Open | $25.10 | P/E Ratio | 7.19 |
Prev. Close | $25.15 | Div. (Yield) | $0.00 (0.0%) |
Daily Range | $24.95 - $25.32 | Volume | 19,579 |
52-Wk Range | $15.33 - $25.90 | Avg. Daily Vol. | 381,298 |
The best Bull and Bear pitches based on recency and number of recommendations.
Read the most recent pitches from players about NMIH.
Recs
$35!
Recs
CAPS is where I put companies that I like but need to research further. This seems like a very well-run mortgage insurance provider with solid (and properly incentivized) management and fairly good governance. What I don't know yet: what's the size of their opportunity, and how cyclical is their business? One of many interesting businesses that I like here at the beginning of a potential housing boom but don't know well enough to buy yet.
Recs
NMI Holdings Inc. is a company that provides mortgage guaranty insurance services in the U.S.
For a fee, NMI agrees to cover a certain percentage of the total value of a mortgage loan.
This protects lenders and investors against losses related to a borrower’s default.
NMI has learned volumes from the housing market blowup ten years ago.
And it’s set itself up for success…
The company doesn’t deal in the bad, subprime mortgages that contributed to the last crisis. The majority of its loans have high credit quality.
NMI’s loans are spread out wide among a variety of lenders and geographic locations.
And roughly 80% of its insurance is on underwritten or validated loans – meaning loans backed by strong sources of capital.
The company’s results speak for themselves…
Annual revenue has increased every year since NMI was founded in 2011.
In the first quarter alone, revenue grew 35% year-over-year. And earnings per share surged just over 40% from same period last year.
Fueled by these riveting results, the stock has SOARED.
Over the last five years, shares have gained 165% – outperforming the S&P 500, which grew just 47%.
And the rally is just getting started…
In the last quarter, 43 institutions opened up new positions in NMIH.
And these firms have recently taken out HUGE positions…
Loomis Sayles & Company LP bought 505,781 shares, dropping more than $13 million on the shares.
Victory Capital Management Inc. purchased 228,601 shares. That’s an almost $6 million investment.
And legendary hedge fund Two Sigma Investments, LP bought 168,535 shares.
The smart money is sending a major message…
The housing market is exploding higher, and NMI is one of the best opportunities to play the upside.
Find the members with the highest scoring picks in NMIH.
TMFJake (92.09) Score: +275.47
The Score Leader is the player with the highest score across all their picks in NMIH.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
TMFJake | 92.09 | 7/5/2016 |
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3Y | $5.28 | +379.17% | +101.16% | +278.00 | 0 Comment | |
MichaelDFS | 93.54 | 3/23/2020 |
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1Y | $10.10 | +150.50% | +83.50% | +67.00 | 0 Comment | |
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baselineace | 27.78 |
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3M | $11.15 | +126.91% | +69.08% | +57.83 | 0 Comment |
gtfann | 98.19 | 2/23/2017 |
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5Y | $10.93 | +131.58% | +77.02% | +54.55 | 0 Comment | |
mrbill6 | 48.22 |
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1Y | $19.20 | +31.77% | -4.29% | +36.06 | 2 Comments | |
NextGenStock | < 20 | 9/28/2020 |
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5Y | $16.26 | +55.60% | +25.46% | +30.14 | 0 Comment | |
ElRemaro | 51.51 | 11/11/2021 |
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5Y | $21.60 | +17.16% | -9.95% | +27.10 | 0 Comment | |
MiniSoros | 46.81 |
|
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3M | $15.53 | +62.91% | +36.46% | +26.45 | 0 Comment | |
Ses5152f | 30.61 | 4/19/2018 |
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5Y | $14.28 | +77.23% | +55.91% | +21.33 | 0 Comment | |
rbaxterdmd | < 20 | 6/18/2020 |
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5Y | $17.53 | +44.32% | +34.69% | +9.63 | 0 Comment |
See what the Wall Street professionals think, according to their public statements and filings.