NMI (NMIH) vs Pelagos Insurance Capital (PLGO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Pelagos Insurance Capital (PLGO) has outperformed NMI (NMIH) over the past year, gaining 27.9% versus a gain of 9.7%. NMI is the larger company by market cap ($2.97 billion vs $1.97 billion), about 1.5 times the size. On valuation, Pelagos Insurance Capital trades at a lower forward P/E (6.1x vs 7.2x for NMI).
Pelagos Insurance Capital pays a dividend yielding 2.52%, while NMI does not currently pay one.
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 | NMIH | PLGO |
|---|---|---|
| Share price | $39.54 | $23.81 |
| Market cap | $2.97B | $1.97B |
| 1-day change | -0.93% | +0.17% |
| YTD return | -3.06% | +21.67% |
| 1-year return | +9.71% | +27.94% |
| 5-year return | +60.41% | — |
| P/E ratio (TTM) | 7.78 | 5.85 |
| Forward P/E | 7.16 | 6.11 |
| EPS (TTM) | $5.08 | $4.07 |
| Dividend yield | 0.00% | 2.52% |
| Annual dividend | $0.00 | $0.60 |
| Revenue (latest FY) | $706.44M | — |
| Revenue growth (YoY) | +8.52% | — |
| Net income (latest FY) | $388.93M | — |
| Net margin | 55.05% | — |
| 52-week high | $46.74 | $26.34 |
| 52-week low | $34.84 | $17.58 |
| Distance from 52-week high | -15.40% | -9.61% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +26.10% | +5.71% |
| Average volume | 561.45K | 441.38K |
| Shares outstanding | 75.22M | 82.73M |
| Employees | 225 | 108 |
| 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
- PLGO has outperformed NMIH by 18.2 percentage points over the past year.
- NMI trades at a higher earnings multiple (7.8x vs 5.9x trailing P/E).
- Pelagos Insurance Capital offers a meaningfully higher dividend yield (2.52% vs 0.00%).
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
About Pelagos Insurance Capital
PLGO stock →Pelagos Insurance Capital Limited provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in two segments: Insurance and Reinsurance.
Finance · Property-Casualty Insurers · 108 employees
NMIH vs PLGO FAQ
Which is bigger, NMI or Pelagos Insurance Capital?
NMI (NMIH) is larger, with a market capitalization of $2.97B compared with $1.97B for Pelagos Insurance Capital (PLGO).
Which stock has performed better over the past year, NMIH or PLGO?
PLGO returned +27.94% over the past 12 months, compared with +9.71% for NMIH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NMIH or PLGO?
PLGO has the lower trailing P/E at 5.9, versus 7.8 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.
Which pays a higher dividend, NMI or Pelagos Insurance Capital?
Pelagos Insurance Capital pays a dividend yielding 2.52%, while NMI does not currently pay a regular dividend.
Are NMI and Pelagos Insurance Capital in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.