NMI Holdings Q1 profits and sales control, premiums are increasing Y/Y – Tradingview News

NMI stocks NMIH reported the first quarter of 2025 operational net profit per share of USD 1.28, which exceeded the Zacks consensus estimate by 16.4%. The final result rose by 18.5% compared to the year. (Find the latest EPS estimates and surprises for the Zacks profit calendar.)

The quarterly results reflected higher premiums, which were driven by a high -quality insured portfolio and a net investment result, but a lower persistence.

Company update

The total revenue of NMI Holdings in the amount of $ 173.3 million increased by 10.9%compared to the higher net premiums (by 9.3%) and net investment income compared to the previous year. The income exceeds the Zack's consensus estimate by 1.7%.

NMI Holdings Inc Price, consensus and EPS surprise

NMI Holdings Inc Price-Consensus-EPS-Surprise Chart | NMI Holdings Inc quote

The basic insurance, which came into force in force, rose by 6% to 211.3 billion US dollars.

The annual persistence was 84.3%, a decrease of 150 basis points (BPS).

New insurance companies were 9.2 billion US dollars, which was a decrease of 2% compared to the previous year.

The drawing and operating costs amounted to $ 30.2 million, which increased by 1% in the previous year compared to the previous year.

Insurance claims and application costs were 4.5 million US dollars, which rose by 21.2% of the previous year.

The loss rate of 3% changed by 30 BPS compared to the previous year. The cost relationship improved by 160 bps year compared to the previous year, while the adjusted combined ratio of 23.2 130 basis points improved compared to the previous year.

Financial update

The book value per share, a measure of the assets, rose by 16.8% compared to the previous year to $ 30.85 compared to the previous year.

NMI Holdings had cash and cash equivalents of 74.2 million US dollars, which rose by 36.6% compared to the end of 2024.

The debt balance of $ 416 million rose by 0.1%compared to the late 2024.

The annualized recent return on equity was 18.1%, which commissioned 10 basis points compared to the previous year.

Overall, the available Pmier -available assets were 3.2 billion dollars. The necessary assets in the net risk were $ 1.9 billion at the end of the first quarter of 2025.

Zacks rank

NMIH is currently wearing a Zacks rank 3 (hold). You can see The full list of today's Zacks #1 rank (Strong Buy) protocols here.

Performance of other insurers

The Travelers Companies TRV reported the first quarter of 2025 core income of $ 1.91 per share, which exceeded the Zacks consensus estimate of 69 cents. However, the end result decreased by 29.3% compared to the previous year. The total income of the travelers rose from 6.1% to $ 11.9 billion from the previous year, mainly to higher premiums, net investment income and other income. However, the top line has missed the Zacks Consensus estimate of $ 12.1 billion.

The written premiums rose to 10.5 billion US dollars by 3% compared to the previous year, which is due to strong growth in all three segments. Our estimate was 10.2 billion US dollars. The underlying underwriting income of 1.6 billion US dollars improved by more than 30%compared to the previous year, which is due to strong net bonuses. The consolidated underlying combined ratio of 84.8 year improved compared to 290 BPS. The combined ratio deteriorated to 102.5 due to higher disaster losses from 860 BPs a year compared to the year. The Zacks consensus estimate was set at 105.

The progressive societyThe PGR profit of $ 4.65 in the first quarter of 2025 of $ 4.65 missed the Zacks consensus estimate of $ 4.72. However, the end result increased by 24.6%compared to the previous year. Operating turnover rose by 20.7% compared to the previous year to $ 20.6 billion, which was achieved at 20.2% higher net premiums, an increase in the net investment result by 31.7%, an increase in fees by 21.6% and 32.1% higher service income. The top line defeated the Zacks Consensus estimate of 20.4 billion US dollars.

The deserved net premiums rose by 20% to $ 19.4 billion. The reported illustration exceeded the Zack's consensus estimate of 19.2 billion US dollars. The combined quote-the percentage of the premium-improiced 10 basis points paid out as requirements and expenses from the level of the previous year's quarter to 86.

WR Berkley CorporationThe WRB operating result of the first quarter of 2025 of USD $ 1.01 per share corresponded to the Zacks consensus estimate. However, the end result decreased by 2.9% compared to the previous year. The insurer suffered from higher disaster losses. The operating revenue was 3.5 billion US dollars, an increase of 9.3% compared to the previous year compared to the higher net premiums as well as improved net investment income, higher insurance service fees and other income. The upper line exceeded the consensus estimate by 2.2%.

WR Berkley's net premiums were 3.1 billion US dollars, which increased by 9.9% of the previous year compared to the previous year. The number was higher than our estimate of 3 billion US dollars. Disaster losses of $ 111.1 million in the quarter were wider than $ 30 million in the previous year. The consolidated combined ratio (a measure of the profitability of the drawings) deteriorated 210 basis points from year over year to 90.9. The Zack's consensus estimate was 91.

This article was originally published in Zack's Investment Research (Zacks.com).

Zacks Investment Research