In a report released yesterday, Mark Palmer from BTIG maintained a Buy rating on NMI Holdings (NMIH), with a price target of $36. The company’s shares closed yesterday at $24.88.
According to TipRanks.com, Palmer is a top 100 analyst with an average return of 15.2% and a 67.8% success rate. Palmer covers the Financial sector, focusing on stocks such as Repay Holdings Corp, Genworth Financial, and LendingClub Corp.
NMI Holdings has an analyst consensus of Strong Buy, with a price target consensus of $33.50, a 34.6% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $35 price target.
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NMI Holdings’ market cap is currently $1.68B and has a P/E ratio of 14.45. The company has a Price to Book ratio of 2.23.
Based on the recent corporate insider activity of 51 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. 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.
