First American (New) (FAF) vs NMI (NMIH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
NMI (NMIH) has outperformed First American (New) (FAF) over the past year, gaining 12.8% versus a gain of 3.3%. Over five years, NMIH leads with a +64.7% price change compared with -14.1% for FAF. First American (New) is the larger company by market cap ($6.41 billion vs $3.05 billion), about 2.1 times the size.
On valuation, NMI trades at a lower forward P/E (7.4x vs 8.6x for First American (New)). First American (New) pays a dividend yielding 3.50%, while NMI does not currently pay one. NMI converts more of its revenue into profit, with a net margin of 55.1% versus 8.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FAF | NMIH |
|---|---|---|
| Share price | $62.81 | $40.61 |
| Market cap | $6.41B | $3.05B |
| 1-day change | +2.48% | +2.71% |
| YTD return | +2.23% | -0.44% |
| 1-year return | +3.34% | +12.84% |
| 5-year return | -14.15% | +64.75% |
| P/E ratio (TTM) | 8.70 | 7.99 |
| Forward P/E | 8.65 | 7.36 |
| EPS (TTM) | $7.22 | $5.08 |
| Dividend yield | 3.50% | 0.00% |
| Annual dividend | $2.20 | $0.00 |
| Revenue (latest FY) | $7.45B | $706.44M |
| Revenue growth (YoY) | +21.61% | +8.52% |
| Net income (latest FY) | $621.80M | $388.93M |
| Net margin | 8.34% | 55.05% |
| 52-week high | $79.87 | $46.74 |
| 52-week low | $56.20 | $34.84 |
| Distance from 52-week high | -21.36% | -13.12% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +37.45% | +22.78% |
| Average volume | 809.90K | 560.53K |
| Shares outstanding | 102.10M | 75.22M |
| Employees | 19,102 | 225 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- First American (New) is about 2.1 times larger than NMI by market value ($6.41B vs $3.05B).
- First American (New) offers a meaningfully higher dividend yield (3.50% vs 0.00%).
- NMI is more profitable, keeping 55.1 cents of every revenue dollar as net income versus 8.3 cents for First American (New).
- First American (New) grew revenue faster in its latest fiscal year (+21.61% vs +8.52%).
About First American (New)
FAF stock →First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments.
Finance · Specialty Insurers · 19,102 employees
About NMI
NMIH stock →NMI Holdings, Inc., together with its subsidiaries, provides private mortgage guaranty insurance services in the United States. It provides primary mortgage insurance services; and outsourced loan review services to mortgage loan originators.
Finance · Property-Casualty Insurers · 225 employees
FAF vs NMIH FAQ
Which is bigger, First American (New) or NMI?
First American (New) (FAF) is larger, with a market capitalization of $6.41B compared with $3.05B for NMI (NMIH).
Which stock has performed better over the past year, FAF or NMIH?
NMIH returned +12.84% over the past 12 months, compared with +3.34% for FAF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FAF or NMIH?
NMIH has the lower trailing P/E at 8.0, versus 8.7 for FAF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First American (New) or NMI?
First American (New) pays a dividend yielding 3.50%, while NMI does not currently pay a regular dividend.
Are First American (New) and NMI in the same industry?
Both are in the Finance sector, but in different industries: Specialty Insurers for First American (New) and Property-Casualty Insurers for NMI.