NMI (NMIH) vs SiriusPoint (SPNT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
SiriusPoint (SPNT) has outperformed NMI (NMIH) over the past year, gaining 35.9% versus a gain of 9.7%. Over five years, SPNT leads with a +161.4% price change compared with +60.4% for NMIH. NMI is the larger company by market cap ($3.02 billion vs $2.92 billion), about 1.0 times the size, while SiriusPoint is growing revenue faster (+23.1% vs +8.5%).
On valuation, NMI trades at a lower forward P/E (7.3x vs 9.1x for SiriusPoint). NMI converts more of its revenue into profit, with a net margin of 55.1% versus 14.3%.
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 | NMIH | SPNT |
|---|---|---|
| Share price | $40.21 | $25.14 |
| Market cap | $3.02B | $2.92B |
| 1-day change | +1.69% | +2.11% |
| YTD return | -3.06% | +12.47% |
| 1-year return | +9.71% | +35.87% |
| 5-year return | +60.41% | +161.36% |
| P/E ratio (TTM) | 7.92 | 6.19 |
| Forward P/E | 7.29 | 9.07 |
| EPS (TTM) | $5.08 | $4.06 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $706.44M | $3.21B |
| Revenue growth (YoY) | +8.52% | +23.09% |
| Net income (latest FY) | $388.93M | $459.60M |
| Net margin | 55.05% | 14.34% |
| 52-week high | $46.74 | $26.50 |
| 52-week low | $34.84 | $17.39 |
| Distance from 52-week high | -13.97% | -5.13% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +24.00% | +14.36% |
| Average volume | 560.53K | 793.91K |
| Shares outstanding | 75.22M | 116.17M |
| Employees | 225 | 1,037 |
| 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
- SPNT has outperformed NMIH by 26.2 percentage points over the past year.
- NMI trades at a higher earnings multiple (7.9x vs 6.2x trailing P/E).
- NMI is more profitable, keeping 55.1 cents of every revenue dollar as net income versus 14.3 cents for SiriusPoint.
- SiriusPoint grew revenue faster in its latest fiscal year (+23.09% 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 SiriusPoint
SPNT stock →SiriusPoint Ltd. provides multi-line reinsurance and insurance products and services worldwide.
Finance · Property-Casualty Insurers · 1,037 employees
NMIH vs SPNT FAQ
Which is bigger, NMI or SiriusPoint?
NMI (NMIH) is larger, with a market capitalization of $3.02B compared with $2.92B for SiriusPoint (SPNT).
Which stock has performed better over the past year, NMIH or SPNT?
SPNT returned +35.87% 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 SPNT?
SPNT has the lower trailing P/E at 6.2, 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 NMI and SiriusPoint in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.