Compass Point analyst Chris Gamaitoni maintained a Buy rating on NMI Holdings (NMIH) today and set a price target of $33. The company’s shares opened today at $28.08, close to its 52-week high of $28.85.
According to TipRanks.com, Gamaitoni is a 3-star analyst with an average return of 7.1% and a 57.1% success rate. Gamaitoni covers the Financial sector, focusing on stocks such as First American Financial Corporation, Fidelity National Financial, and Texas Capital Bancshares.
NMI Holdings has an analyst consensus of Strong Buy, with a price target consensus of $30.17, which is a 7.4% upside from current levels. In a report issued on April 18, SunTrust Robinson also initiated coverage with a Buy rating on the stock with a $34 price target.
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The company has a one-year high of $28.85 and a one-year low of $14.66. Currently, NMI Holdings has an average volume of 442.5K.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2019, James G. Jones, a Director at NMIH sold 12,500 shares for a total of $327,000.
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, 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.
