RBC Capital analyst Scott Heleniak maintained a Hold rating on NMI Holdings (NMIH – Research Report) today and set a price target of $34.00. The company’s shares closed yesterday at $30.86.
Heleniak covers the Financial sector, focusing on stocks such as Arch Capital Group, CNO Financial, and Hartford Financial. According to TipRanks, Heleniak has an average return of 11.4% and a 72.60% success rate on recommended stocks.
In addition to RBC Capital, NMI Holdings also received a Hold from KBW’s Bose George in a report issued yesterday. However, today, Barclays maintained a Buy rating on NMI Holdings (NASDAQ: NMIH).
NMIH market cap is currently $2.51B and has a P/E ratio of 8.09.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NMIH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
NMI Holdings (NMIH) Company Description:
NMI Holdings, Inc. is engaged in the provision of private mortgage guaranty insurance. It focuses on long-term customer relationships, disciplined and proactive risk selection and pricing, fair and transparent claims payment practices, responsive customer service, financial strength, and profitability. The company was founded on May 19, 2011 and is headquartered in Emeryville, CA.
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