In a report released today, Jack Micenko from Susquehanna maintained a Buy rating on NMI Holdings (NASDAQ: NMIH), with a price target of $24. The company’s shares opened today at $22.35, equals to its 52-week high of $22.35.
According to TipRanks.com, Micenko is a 3-star analyst with an average return of 3.3% and a 51.6% success rate. Micenko covers the Financial sector, focusing on stocks such as Credit Acceptance Corp, Santander Consumer USA, and Fifth Third Bancorp.
Currently, the analyst consensus on NMI Holdings is a Strong Buy with an average price target of $21.69, implying a -3.0% downside from current levels. In a report released today, RBC Capital also reiterated a Buy rating on the stock with a $24 price target.
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NMI Holdings’ market cap is currently $1.37B and has a P/E ratio of 34.26. The company has a Price to Book ratio of 2.28.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock.
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. engages 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.
