NMIH Stock — NMI Holdings, Inc.

NMI Holdings, Inc. (NMIH)

Updated October 16, 2026.

NMIH is a Stock. Total return is 190.8% over the past 12.9 years, 244.8 points behind SPY at 435.6%.

NMI Holdings, Inc. is a mortgage insurance company that provides private mortgage guaranty insurance and outsourced loan review services to mortgage lenders and originators across the United States. The company does not currently have an established distribution frequency. As a mortgage insurance provider, it appeals primarily to investors seeking exposure to the housing finance sector.

NMIH performance versus SPY

Price and return data through 2026-10-16.

Total return is 190.8% over the past 12.9 years, 244.8 points behind SPY at 435.6%. Over the past year its total return — price change plus distributions reinvested — is 15.2%. Its deepest 1-year drawdown was 18.4%.

NMIH key facts

Asset type

Stock

Asset class

Equity

Inception date

11/08/2013

Distribution frequency

None

Last close

$40.71 (as of 2026-10-16)

Market cap

$3,062,118,714

Average volume

371331.0

Beta

0.563

Payout ratio

0.0%

P/E ratio

8.01

Forward P/E

7.7042

EPS

$5.08

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NMIH risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.4%.

Who may consider NMIH — and who may not

It is a weaker fit for investors who need monthly cash flow (NMIH does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NMIH

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Tagged: Financials.

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