NMI Holdings beat Wall Street's revenue and profit expectations for the second quarter of 2026. Revenue rose 8.1% year on year to $187.9 million, exceeding analyst estimates of $185.2 million, while adjusted earnings per share of $1.38 came in 7.6% above the consensus of $1.28. The mortgage insurer grew its primary insurance in force to $227.1 billion, driven by $16 billion of new insurance written during the quarter. Default rates remained low at 1.16%, supported by strong employment and rising home prices, and the company repurchased $31.4 million in stock, bringing total buybacks since 2022 to $408 million. Management cautioned that seasonal headwinds and macroeconomic uncertainties could affect credit performance in the second half of the year.
NMI Holdings IncBeat Q2 revenue and profit estimates, with revenue up 8.1% and EPS above consensus.