Hamilton Insurance Group (HG) 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
Hamilton Insurance Group (HG) has outperformed NMI (NMIH) over the past year, gaining 42.5% versus a gain of 12.8%. Hamilton Insurance Group is the larger company by market cap ($3.41 billion vs $3.03 billion), about 1.1 times the size. On valuation, Hamilton Insurance Group trades at a lower forward P/E (7.3x vs 7.3x for NMI).
NMI converts more of its revenue into profit, with a net margin of 55.1% versus 28.9%.
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 | HG | NMIH |
|---|---|---|
| Share price | $34.61 | $40.23 |
| Market cap | $3.41B | $3.03B |
| 1-day change | -1.41% | -0.95% |
| YTD return | +25.81% | -0.44% |
| 1-year return | +42.45% | +12.84% |
| 5-year return | — | +64.75% |
| P/E ratio (TTM) | 6.05 | 7.92 |
| Forward P/E | 7.27 | 7.29 |
| EPS (TTM) | $5.72 | $5.08 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.91B | $706.44M |
| Revenue growth (YoY) | +24.70% | +8.52% |
| Net income (latest FY) | $840.03M | $388.93M |
| Net margin | 28.91% | 55.05% |
| 52-week high | $37.31 | $46.74 |
| 52-week low | $22.66 | $34.84 |
| Distance from 52-week high | -7.25% | -13.94% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +10.65% | +23.95% |
| Average volume | 393.49K | 564.87K |
| Shares outstanding | 65.89M | 75.22M |
| Employees | 600 | 225 |
| Sector | Finance | Finance |
| Industry | Property-Casualty 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
- HG has outperformed NMIH by 29.6 percentage points over the past year.
- NMI trades at a higher earnings multiple (7.9x vs 6.0x trailing P/E).
- NMI is more profitable, keeping 55.1 cents of every revenue dollar as net income versus 28.9 cents for Hamilton Insurance Group.
- Hamilton Insurance Group grew revenue faster in its latest fiscal year (+24.70% vs +8.52%).
About Hamilton Insurance Group
HG stock →Hamilton Insurance Group, Ltd., through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally. It operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms.
Finance · Property-Casualty Insurers · 600 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
HG vs NMIH FAQ
Which is bigger, Hamilton Insurance Group or NMI?
Hamilton Insurance Group (HG) is larger, with a market capitalization of $3.41B compared with $3.03B for NMI (NMIH).
Which stock has performed better over the past year, HG or NMIH?
HG returned +42.45% over the past 12 months, compared with +12.84% for NMIH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HG or NMIH?
HG has the lower trailing P/E at 6.0, versus 7.9 for NMIH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Hamilton Insurance Group and NMI in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.