It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
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 sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Insurance - Property and Casualty industry's P/E of 11.7X, shares of NMI Holdings are trading at a forward P/E of 7.9X. NMIH also has a PEG Ratio of 0.9, a Price/Cash Flow ratio of 8.9X, and a Price/Sales ratio of 4.6X.
A company's earnings performance is important for value investors as well. For fiscal 2024, three analysts revised their earnings estimate higher in the last 60 days for NMIH, while the Zacks Consensus Estimate has increased $0.04 to $4.54 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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