NASDAQ$NMIH
NMI Holdings Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported strong operating performance, significant growth, and record financial results.
NMI Holdings, Inc. reported a net income of $60.2 million, or $0.69 per diluted share, for the third quarter ended September 30, 2021. The company saw growth in its insured portfolio and favorable credit performance.
- Primary insurance-in-force at quarter end was $143.6 billion, up 5% from the second quarter and 37% compared to the third quarter of 2020.
- Net premiums earned were $113.6 million, up 2% compared to the second quarter and 15% compared to the third quarter of 2020.
- Underwriting and operating expenses were $34.7 million, including $1.3 million of costs incurred in connection with CEO transition and $0.5 million of capital market transaction costs.
- Shareholders' equity was $1.5 billion at quarter end, equal to $17.68 per share, up 4% compared to the second quarter and 15% compared to the third quarter of 2020.
Headline financials
Revenue & EPS history
NMI Holdings · Revenue · Quarterly
$124M
Revenue by segment
NMI Holdings · $148M total across 3 segments · Q3 2023
- Net premiums earned$130M—87.8%
- Net investment income$17.9M—12.0%
- Other revenues$217K—0.1%
Forward guidance
No specific forward guidance was provided in the release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+1.8%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+2.8%
Avg return
30 days after
50%
25 / 50 earnings
Positive
+15.5%
Q1 2016
Best reaction
-9.4%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | -1.2% | -7.3% | |
| Q4 2025 | +1.8% | -1.3% | -7.2% | |
| Q3 2025 | -1.7% | +0.1% | +0.1% | |
| Q1 2025 | +7.5% | +11.4% | +18.1% | |
| Q4 2024 | -4.8% | -9.4% | -8.7% | |
| Q3 2024 | -0.8% | +1.1% | +4.6% | |
| Q2 2024 | -0.1% | -4.3% | +2.6% | |
| Q1 2024 | +1.7% | +4.4% | +5.6% | |
| Q4 2023 | +0.0% | -2.4% | +0.8% | |
| Q3 2023 | +2.2% | +5.6% | +1.1% | |
| Q2 2023 | +6.3% | +11.2% | +7.2% | |
| Q1 2023 | -0.8% | +1.6% | +8.6% | |
| Q4 2022 | +1.4% | +2.8% | -6.2% | |
| Q3 2022 | -0.4% | -0.8% | -3.8% | |
| Q2 2022 | +7.3% | +9.5% | +6.0% | |
| Q1 2022 | -2.6% | -7.6% | -2.6% | |
| Q4 2021 | +2.9% | -4.2% | -17.5% | |
| Q3 2021 | -9.4% | -10.0% | -19.7% | |
| Q2 2021 | -2.1% | +3.2% | +3.1% | |
| Q1 2021 | -3.8% | -8.3% | -8.5% | |
| Q4 2020 | +1.7% | +4.5% | +11.3% | |
| Q3 2020 | -3.5% | +3.0% | +3.0% | |
| Q2 2020 | +1.0% | +8.9% | +16.8% | |
| Q1 2020 | +12.1% | +7.3% | +41.6% | |
| Q4 2019 | -9.4% | -13.3% | -42.7% | |
| Q3 2019 | +9.0% | +10.5% | +13.9% | |
| Q2 2019 | +0.8% | -0.8% | +12.0% | |
| Q1 2019 | +0.0% | +0.2% | -2.9% | |
| Q4 2018 | +0.1% | +7.4% | +17.0% | |
| Q3 2018 | +14.5% | +10.0% | +6.1% | |
| Q2 2018 | +6.9% | +1.4% | +3.3% | |
| Q1 2018 | +12.6% | +19.1% | +20.2% | |
| Q4 2017 | +7.6% | +8.1% | -16.8% | |
| Q3 2017 | +13.4% | +11.3% | +17.9% | |
| Q2 2017 | +0.0% | +1.7% | -8.1% | |
| Q1 2017 | -4.7% | -6.0% | -7.7% | |
| Q4 2016 | -1.7% | -3.5% | +2.6% | |
| Q3 2016 | +7.2% | +7.2% | +14.4% | |
| Q2 2016 | +10.7% | +13.5% | +29.8% | |
| Q1 2016 | +15.5% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | -1.4% | — | — | |
| Q2 2015 | +5.0% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | -8.6% | — | — | |
| Q3 2014 | +3.2% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q1 2014 | -1.0% | — | — | |
| Q4 2013 | -1.3% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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