NMI (NMIH) vs Skyward Specialty Insurance Group (SKWD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Skyward Specialty Insurance Group (SKWD) has outperformed NMI (NMIH) over the past year, gaining 19.1% versus a gain of 9.7%. NMI is the larger company by market cap ($2.99 billion vs $2.54 billion), about 1.2 times the size, while Skyward Specialty Insurance Group is growing revenue faster (+23.2% vs +8.5%). On valuation, NMI trades at a lower forward P/E (7.2x vs 10.3x for Skyward Specialty Insurance Group).
NMI converts more of its revenue into profit, with a net margin of 55.1% versus 12.0%.
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 | SKWD |
|---|---|---|
| Share price | $39.77 | $57.11 |
| Market cap | $2.99B | $2.54B |
| 1-day change | +0.58% | -0.64% |
| YTD return | -3.06% | +12.44% |
| 1-year return | +9.71% | +19.06% |
| 5-year return | +60.41% | — |
| P/E ratio (TTM) | 7.83 | 13.25 |
| Forward P/E | 7.21 | 10.32 |
| EPS (TTM) | $5.08 | $4.31 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $706.44M | $1.42B |
| Revenue growth (YoY) | +8.52% | +23.16% |
| Net income (latest FY) | $388.93M | $170.03M |
| Net margin | 55.05% | 12.00% |
| 52-week high | $46.74 | $65.69 |
| 52-week low | $34.84 | $40.60 |
| Distance from 52-week high | -14.92% | -13.07% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.38% | +23.37% |
| Average volume | 560.53K | 447.80K |
| Shares outstanding | 75.22M | 44.40M |
| Employees | 225 | 611 |
| 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
- Skyward Specialty Insurance Group trades at a higher earnings multiple (13.2x vs 7.8x trailing P/E).
- NMI is more profitable, keeping 55.1 cents of every revenue dollar as net income versus 12.0 cents for Skyward Specialty Insurance Group.
- Skyward Specialty Insurance Group grew revenue faster in its latest fiscal year (+23.16% vs +8.52%).
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 Skyward Specialty Insurance Group
SKWD stock →Skyward Specialty Insurance Group, Inc., an insurance holding company, provides commercial property and casualty insurance coverages in the United States. It offers general liability, excess liability, and professional liability, as well as cyber and media liability insurance; commercial auto, group accident and health, property, agriculture, credit, and surety and workers' compensation; and property, agriculture, and credit specialty reinsurance.
Finance · Property-Casualty Insurers · 611 employees
NMIH vs SKWD FAQ
Which is bigger, NMI or Skyward Specialty Insurance Group?
NMI (NMIH) is larger, with a market capitalization of $2.99B compared with $2.54B for Skyward Specialty Insurance Group (SKWD).
Which stock has performed better over the past year, NMIH or SKWD?
SKWD returned +19.06% 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 SKWD?
NMIH has the lower trailing P/E at 7.8, versus 13.2 for SKWD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are NMI and Skyward Specialty Insurance Group in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.