Is NMI Holdings, Inc. (NASDAQ:NMIH) Undervalued After Accounting For Its Future Growth?
NMI Holdings, Inc. (NASDAQ:NMIH) is considered a high growth stock. However its last closing price of $27.51 left investors wondering whether this growth has already been factored into the share price. Let’s look into this by assessing NMIH’s expected growth over the next few years.
View our latest analysis for NMI Holdings What can we expect from NMIH in the future?
The excitement around NMI Holdings’s growth potential is not unfounded. The consensus forecast from 8 analysts is extremely positive with earnings per share estimated to rise from today’s level of $1.986 to $3.447 over the next three years. This indicates an estimated earnings growth rate of 24% per year, on average, which signals a market-beating outlook in the upcoming years. Is NMIH’s share price justified ...