Nmi Holdings Intrinsic Stock Value – Bank of Montreal Can Invests $277000 in NMI Holdings,
December 11, 2023
🌥️Trending News
The Bank of Montreal has recently invested $277000 into NMI ($NASDAQ:NMIH) Holdings, Inc., a publicly traded company that provides mortgage insurance services to lenders, investors, and other mortgage entities. This investment is part of the bank’s ongoing effort to diversify its portfolio and leverage new opportunities in the mortgage market. It offers a wide range of mortgage insurance services, including loan origination, underwriting, servicing, and risk management. It also provides reinsurance coverage for the performance of mortgage loan portfolios and other financial products.
In addition, the company offers risk-based capital analysis services, including loan-level and portfolio-level stress testing. NMI Holdings, Inc. has grown significantly in recent years and is now one of the largest providers of private mortgage insurance in the United States. This investment by Bank of Montreal will allow NMI Holdings, Inc. to expand its operations, increase its workforce, and further develop its offerings in the mortgage insurance space. This strategic partnership between the two companies is expected to bring about substantial growth for both entities in the near future.
Price History
On Wednesday, NMI HOLDINGS opened at $27.5 and closed at $27.4, representing a 0.6% increase from the previous day’s closing price of $27.3. This investment from the BMO is seen as a positive sign for NMI HOLDINGS, showing that the company is continuing to gain support from investors despite the current market conditions. The investment is expected to help NMI HOLDINGS strengthen its business and further develop its services in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nmi Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 560.73 | 311.64 | 55.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nmi Holdings. More…
| Operations | Investing | Financing |
| 344.36 | -225.58 | -68.12 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nmi Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.76k | 971.07 | 21.94 |
Key Ratios Snapshot
Some of the financial key ratios for Nmi Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.3% | – | 77.5% |
| FCF Margin | ROE | ROA |
| 59.5% | 15.3% | 9.8% |
Analysis – Nmi Holdings Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of NMI HOLDINGS‘ wellbeing. Through our proprietary Valuation Line, we have concluded that the fair value of NMI HOLDINGS’ share is around $26.5. Currently, NMI HOLDINGS’ stock is currently trading at $27.4, giving the stock a slight 3.2% overvaluation. More…
Peers
The Company’s primary subsidiaries include National Mortgage Insurance Corporation (National MI) and Bayview Loan Servicing, LLC (Bayview). National MI is a mortgage insurance company, which provides credit enhancement products to mortgage lenders throughout the United States to protect against loss from defaults on low down payment residential mortgage loans. Bayview is a mortgage loan servicing company that services mortgage loans. Enact Holdings Inc, Tiptree Inc, Hanwha General Insurance Co Ltd are NMI Holdings Inc’s competitors.
– Enact Holdings Inc ($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
NMI Holdings, Inc. is a promising investment opportunity as Bank of Montreal Can recently invested $277000 in the company. NMI Holdings, Inc. specializes in providing private mortgage insurance, as well as reinsurance, to mortgage lenders and servicers. The company has seen a steady increase in their stock prices due to the strong demand for mortgage services. Analysts have expressed confidence in NMI Holdings’ current and future prospects, as their products and services are well-received in the market.
In addition, their solid financials and strong customer base provide a solid base for long-term growth. With the backing of a major Canadian bank, NMI Holdings is well-positioned to become a major player in the mortgage industry.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
