BNP Paribas Arbitrage SNC Sells Shares of NMI Holdings, Inc

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BNP Paribas Arbitrage SNC recently sold shares of NMI ($NASDAQ:NMIH) Holdings, Inc, a publicly traded mortgage insurance company. NMI Holdings, Inc. is headquartered in Emeryville, California and serves as a private mortgage insurer in the United States. It provides private mortgage insurance that protects lenders and investors against losses related to default on residential mortgage loans. It offers a portfolio of solutions to lenders, including Single Premium Policies, Monthly Premium Policies, and Lender Paid mortgage insurance (LPMI). The company also offers loan origination tools, such as automated underwriting system (AUS), credit score technology, and borrower verification services. NMI Holdings, Inc. has received numerous awards in recognition for its innovative products and services.

The company’s shares are traded on the New York Stock Exchange (NYSE) under the symbol NMIH. The stock has shown strong growth in the past few years with a market capitalization of over $2 billion. NMI Holdings, Inc. is widely considered as a reliable source for providing quality mortgage insurance solutions to lenders and investors.

Market Price

Following the news, NMIH opened at $27.6 and closed at $27.8, up 0.4% from the previous closing price of 27.6. It serves more than one million borrowers and provides mortgage insurance coverage to over two million borrowers. Overall, the sale of NMIH stock by BNP Paribas signals confidence in the company’s future prospects and ability to deliver returns to its shareholders. Investors remain optimistic about the performance of the company and are likely to keep a close eye on any future developments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Nmi Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Nmi Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Nmi Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Nmi Holdings are shown below. More…

Analysis

As GoodWhale, we have conducted an analysis of NMI HOLDINGS‘ financials. According to Star Chart, NMI HOLDINGS is classified as ‘cheetah’, a type of company we conclude that achieved high revenue or earnings growth but is considered less stable due to lower profitability. We see that NMI HOLDINGS is strong in growth, medium in asset and weak in dividend, profitability. Therefore, investors that prioritize growth, such as venture capitalists, and those that are willing to accept higher risk in exchange for higher reward may be interested in NMI HOLDINGS. Fortunately, our analysis indicates that NMI HOLDINGS has a high health score of 8/10 with regard to its cashflows and debt, meaning it is capable to safely ride out any crisis without the risk of bankruptcy. That being said, investors should still assess the company’s financials carefully before investing to ensure it meets their expectations. More…

Peers

The Company’s primary subsidiaries include National Mortgage Insurance Corporation (National MI) and Bayview Loan Servicing, LLC (Bayview). National MI is a mortgage insurance company, which provides credit enhancement products to mortgage lenders throughout the United States to protect against loss from defaults on low down payment residential mortgage loans. Bayview is a mortgage loan servicing company that services mortgage loans. Enact Holdings Inc, Tiptree Inc, Hanwha General Insurance Co Ltd are NMI Holdings Inc’s competitors.

– Enact Holdings Inc ($NASDAQ:ACT)

Enact Holdings Inc is a publicly traded holding company with a focus on acquiring and investing in businesses across a range of industries. As of 2022, the company had a market capitalization of 4.19 billion and a return on equity of 13.71%. Enact’s portfolio includes companies in the healthcare, technology, media, and consumer sectors.

– Tiptree Inc ($NASDAQ:TIPT)

Tiptree Inc. is a holding company that owns and operates businesses engaged in a variety of activities, including insurance and reinsurance, real estate, and asset management. The company has a market capitalization of $454.61 million and a return on equity of 9.43%. Tiptree’s businesses are focused on providing customers with products and services that meet their needs and objectives. The company’s mission is to create value for shareholders by identifying and investing in businesses with attractive growth prospects.

– Hanwha General Insurance Co Ltd ($KOSE:000370)

Hanwha General Insurance Co Ltd is a South Korean insurance company with a market cap of 439.66B as of 2022. The company has a Return on Equity of 30.73%. Hanwha General Insurance offers a range of insurance products, including life, property, and casualty insurance. The company also provides reinsurance products.

Summary

Investors interested in NMI Holdings, Inc. should consider the latest stock sale by BNP Paribas Arbitrage SNC. This sale could be indicative of market sentiment towards the company. Investors should take into account the risk of volatility in the stock’s price and research their own financial data before making any decisions. Analyzing the company’s financial statements can help investors assess the risks associated with investing in NMI Holdings.

Additionally, investors should consider NMI Holdings’ competitive position within its industry, future growth prospects, and the outlook for the overall market. It is important to consider current and potential changes in regulations, costs, and other factors that could affect the company’s performance. Finally, investors should research the investment track record of any advisors they work with to ensure they are making sound decisions.