Barclays (LON:BARC) analyst Mark Devries maintained a Buy rating on NMI Holdings (NASDAQ:NMIH) on Monday, setting a price target of $25, which is approximately 11.46% above the present share price of $22.43.
Devries expects NMI Holdings to post earnings per share (EPS) of $0.36 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in NMI Holdings, with an average price target of $23.72.
The analysts price targets range from a high of $27 to a low of $20.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $106.71 million and a net profit of $0. The company's market cap is $1.9 billion.
According to TipRanks.com, Barclays analyst Mark Devries is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.4% and a 60.82% success rate.
NMI Holdings, Inc. is engaged in the provision of private mortgage guaranty insurance. It focuses on long-term customer relationships, disciplined and proactive risk selection and pricing, fair and transparent claims payment practices, responsive customer service, financial strength, and profitability. The company was founded on May 19, 2011 and is headquartered in Emeryville, CA.