Fintel reports that on November 15, 2023, Barclays initiated coverage of NMI Holdings Inc - (NASDAQ:NMIH) with a Overweight recommendation.
Analyst Price Forecast Suggests 12.44% Upside
As of November 1, 2023, the average one-year price target for NMI Holdings Inc - is 32.20. The forecasts range from a low of 29.29 to a high of $35.70. The average price target represents an increase of 12.44% from its latest reported closing price of 28.64.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for NMI Holdings Inc - is 547MM, a decrease of 2.51%. The projected annual non-GAAP EPS is 3.71.
What is the Fund Sentiment?
There are 647 funds or institutions reporting positions in NMI Holdings Inc -. This is an increase of 43 owner(s) or 7.12% in the last quarter. Average portfolio weight of all funds dedicated to NMIH is 0.19%, an increase of 0.81%. Total shares owned by institutions decreased in the last three months by 0.73% to 93,655K shares. 
The put/call ratio of NMIH is 1.93, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 5,862K shares representing 7.23% ownership of the company. In it's prior filing, the firm reported owning 6,096K shares, representing a decrease of 3.99%. The firm increased its portfolio allocation in NMIH by 7.68% over the last quarter.
Oaktree Capital Management holds 4,900K shares representing 6.04% ownership of the company. No change in the last quarter.
Macquarie Group holds 3,879K shares representing 4.78% ownership of the company. In it's prior filing, the firm reported owning 3,833K shares, representing an increase of 1.18%. The firm increased its portfolio allocation in NMIH by 19.88% over the last quarter.
DCCAX - Delaware Small Cap Core Fund holds 3,067K shares representing 3.78% ownership of the company. In it's prior filing, the firm reported owning 2,991K shares, representing an increase of 2.49%. The firm increased its portfolio allocation in NMIH by 7.23% over the last quarter.
Van Berkom & Associates holds 2,709K shares representing 3.34% ownership of the company. In it's prior filing, the firm reported owning 2,524K shares, representing an increase of 6.83%. The firm increased its portfolio allocation in NMIH by 0.93% over the last quarter.
NMI Holdings Background Information
(This description is provided by the company.)
NMI Holdings, Inc., is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default.
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