Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Headquartered in Emeryville, CA, NMI Holdings was incorporated in May 2011 and began start-up operations in 2012. NMI Holdings wrote its first MI policy in 2013.
NMIH is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 8.8X for the current fiscal year compared to the Insurance - Property and Casualty industry's P/E of 14.3X. Additionally, NMIH has a PEG Ratio of 1 and a Price/Cash Flow ratio of 9.7X. Value investors should also note NMIH's Price/Sales ratio of 5X.
A company's earnings performance is important for value investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for NMIH, while the Zacks Consensus Estimate has increased $0.03 to $4.53 per share. NMIH also holds an average earnings surprise of 9.7%.
Investors should take the time to consider NMIH for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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NMI Holdings Inc (NMIH) : Free Stock Analysis Report
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