NMI Holdings Inc (NASDAQ:NMIH) Sees Significantly Higher Trading Volume

NMI Holdings, Inc. (NASDAQ:NMIH) may have great momentum, but how has it been performing relative to the market?

Analysts await NMI Holdings Inc (NASDAQ:NMIH) to report earnings on November, 7. California State Teachers Retirement System now owns 101,002 shares of the financial services provider's stock valued at $1,156,000 after purchasing an additional 3,700 shares in the last quarter. This is not a recommendation to buy or sell NMI Holdings, Inc. As of quarter end Bank Of Montreal /can/ had disposed of 8,833 shares trimming its holdings by 96.6%. The average 1-year price target for (CDE) reveals an average price target of $11.63 per share. Rothschild Capital Partners LLC increased its stake in NMI Holdings by 617.8% in the second quarter. Campbell & CO Investment Adviser LLC now owns 17,869 shares of the financial services provider's stock worth $205,000 after purchasing an additional 6,272 shares in the last quarter. Jpmorgan Chase & Comm invested 0% of its portfolio in NMI Holdings Inc (NASDAQ:NMIH). Institutional owners hold 88.60% stake in the company while Insiders ownership held at 1.30%.

NASDAQ:NMIH) shares were trading higher by 0.35 percent ($0.05) at $14.4 a piece in Monday's session. NMI Holdings has $15 highest and $7 lowest target. (NMIH)'s current distance from 20-Day Simple Moving Average is 13.57% and standing 23.02% away from 50-Day Simple Moving Average while traded up 28.12% from 200-Day Simple Moving Average. On July 17 the company was downgraded from "Outperform" to "Market Perform" in an announcement from Keefe Bruyette & Woods.

Why NMI Holdings, Inc.

The company reported its EPS on 6/29/2017. At the time of writing, the 14-day ADX for Nmi Holdings Cmn A (NMIH) is noted at 37.56. The company had revenue of $42.20 million during the quarter, compared to analysts' expectations of $41.13 million. After having $-0.08 EPS previously, Secure Energy Services Inc's analysts see -150.00% EPS growth. Equities analysts anticipate that NMI Holdings Inc will post $0.51 earnings per share for the current fiscal year. FBR Capital maintained NMI Holdings Inc (NASDAQ:NMIH) on Monday, February 13 with "Outperform" rating. Deutsche Bank AG set a $15.00 price objective on NMI Holdings and gave the stock a "buy" rating in a research report on Wednesday, August 2nd. NMI Holdings earned a coverage optimism score of 0.19 on Accern's scale. Its minimum price target estimates has been figured out at $13 while the maximum price target forecast is established at $16. BTIG Research reiterated a "buy" rating and issued a $10.00 target price on shares of NMI Holdings in a report on Tuesday, October 25th. ValuEngine raised NMI Holdings from a "hold" rating to a "buy" rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. There are brokerage firms with lower targets than the average, including one setting a price target of $8.5.

In other news, CEO Bradley M. Shuster sold 89,227 shares of the business's stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $11.81, for a total value of $1,053,770.87. Also, EVP William J. Leatherberry bought 5,000 shares of NMI Holdings stock in a transaction on Tuesday, August 29th.

NMI Holdings Inc (NASDAQ:NMIH)'s stock had its "neutral" rating restated by stock analysts at Compass Point in a research report issued to clients and investors on Saturday, October 14th. The disclosure for this sale can be found here.

The Stock had a 1.75 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 1.67 respectively. Earnings surprises can have a huge impact on a company's stock price. If you are accessing this piece on another site, it was stolen and republished in violation of United States and global copyright law.

NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance (MI) through its insurance subsidiaries.

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