NMI Holdings, Inc. (NASDAQ:NMIH) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. NMI Holdings reported in line with analyst predictions, delivering revenues of US$166m and statutory earnings per share of US$1.15, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for NMI Holdings

Following the latest results, NMI Holdings' seven analysts are now forecasting revenues of US$702.9m in 2025. This would be a meaningful 11% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 5.6% to US$4.77. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$696.1m and earnings per share (EPS) of US$4.77 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of US$44.00, suggesting that the company has met expectations in its recent result. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic NMI Holdings analyst has a price target of US$48.00 per share, while the most pessimistic values it at US$36.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 8.4% growth on an annualised basis. That is in line with its 10% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.0% per year. So although NMI Holdings is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at US$44.00, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on NMI Holdings. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple NMI Holdings analysts - going out to 2026, and you can see them free on our platform here.

You can also view our analysis of NMI Holdings' balance sheet, and whether we think NMI Holdings is carrying too much debt, for free on our platform here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.