NMIH vs BSM

Comparison between NMI Holdings Inc - Class A (NMIH, Company) and Black Stone Minerals L.P. (BSM, Company).

NMIH is from the Financial Services sector, while BSM is from the Energy sector.

5-Year PerformanceBSM has outperformed NMIH, delivering a return of +17.6% compared to +11.3%

NMIH vs BSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NMIH(COMPANY)	BSM(COMPANY)
Market Cap	$3B	$2.99B
Max Drawdown	73.07%	78.87%
Sharpe Ratio	-0.28	0.77
5Y Beta	0.56	0.41
Industry	Insurance - Specialty	Oil & Gas E&p
P/E Ratio	7.86	12.38
Forward P/E	7.36	14.04
PEG Ratio	1.28	N/A
Dividend Yield	N/A	8.46%
5Y Dividends CAGR	N/A	23.20%
5Y EPS CAGR	20.81%	N/A
Debt to Equity	0.00%	8.88%
Free Cash Flow Yield	14.25%	10.29%

Market Cap

Winner

NMIH

$3B

BSM

$2.99B

Max Drawdown

Winner

NMIH

73.07%

BSM

78.87%

Sharpe Ratio

NMIH

-0.28

Winner

BSM

0.77

5Y Beta

NMIH

0.56

Winner

BSM

0.41

Industry

NMIH

Insurance - Specialty

BSM

Oil & Gas E&p

P/E Ratio

Winner

NMIH

7.86

BSM

12.38

Forward P/E

Winner

NMIH

7.36

BSM

14.04

PEG Ratio

NMIH

1.28

BSM

N/A

Dividend Yield

NMIH

N/A

BSM

8.46%

5Y Dividends CAGR

NMIH

N/A

BSM

23.20%

5Y EPS CAGR

NMIH

20.81%

BSM

N/A

Debt to Equity

Winner

NMIH

0.00%

BSM

8.88%

Free Cash Flow Yield

Winner

NMIH

14.25%

BSM

10.29%

NMIH vs BSM - Historical Returns

Returns include dividend reinvestment.

Period	NMIH	BSM
1 month	+5.48%	+1.95%
3 months	+6.05%	-5.34%
6 months	-5.17%	+9.69%
1 year	-6.34%	+18.94%
5 years(CAGR)	+11.34%	+17.60%
10 years(CAGR)	+22.10%	+8.77%
Max(CAGR)	+8.55%	+6.61%

Winner

NMIH

+5.48%

BSM

+1.95%

Winner

NMIH

+6.05%

BSM

-5.34%

NMIH

-5.17%

Winner

BSM

+9.69%

NMIH

-6.34%

Winner

BSM

+18.94%

5Y(CAGR)

NMIH

+11.34%

Winner

BSM

+17.60%

10Y(CAGR)

Winner

NMIH

+22.10%

BSM

+8.77%

Max(CAGR)

Winner

NMIH

+8.55%

BSM

+6.61%

NMIH vs BSM - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	NMIH	BSM
2026	-2.86%	+8.80%
2025	+11.45%	+0.27%
2024	+23.94%	+1.31%
2023	+40.40%	+13.62%
2022	-5.77%	+74.89%
2021	-0.68%	+54.36%
2020	-29.81%	-43.92%
2019	+85.78%	-9.62%
2018	+0.56%	-7.26%
2017	+57.41%	+0.87%
2016	+60.15%	+33.07%
2015	-26.01%	-18.50%
2014	-26.75%	N/A
2013	-9.07%	N/A

NMIH vs BSM Drawdown Comparison

The maximum drawdown for NMIH was -73.07%, occurring on Mar 23, 2020. Recovery took 1112 trading sessions.

The maximum drawdown for BSM was -75.55%, occurring on Mar 19, 2020. Recovery took 738 trading sessions.

The current NMIH drawdown is -8.57%. The current BSM drawdown is -6.69%.

Rank	NMIH	BSM
#1	-73.07% Feb 11, 2020 - Jul 15, 2024	-75.55% May 7, 2019 - Apr 8, 2022
#2	-68.83% Nov 27, 2013 - Oct 20, 2017	-39.06% May 1, 2015 - Sep 2, 2016
#3	-36.87% Feb 26, 2018 - Aug 2, 2018	-25.31% Nov 8, 2022 - Sep 12, 2023
#4	-32.65% Sep 26, 2018 - Feb 19, 2019	-23.22% Jun 8, 2022 - Oct 5, 2022
#5	-21.42% Sep 16, 2024 - Jun 23, 2025	-21.49% Nov 3, 2023 - Dec 5, 2025
#6	-20.01% Jun 20, 2019 - Nov 7, 2019	-18.51% Dec 21, 2016 - Dec 8, 2017
#7	-18.08% Jul 3, 2025 - Oct 16, 2025	-16.57% Sep 11, 2018 - Feb 21, 2019
#8	-11.63% Jan 23, 2018 - Feb 16, 2018	-13.41% Mar 5, 2026 - May 7, 2026
#9	-8.57% Dec 19, 2019 - Feb 11, 2020	-11.35% Jan 12, 2018 - May 9, 2018
#10	-7.92% Jul 29, 2024 - Aug 23, 2024	-9.80% Sep 15, 2016 - Nov 18, 2016
#11	-7.89% Apr 26, 2019 - May 21, 2019	-9.78% Dec 5, 2025 - Jan 27, 2026
#12	-6.71% Aug 2, 2018 - Sep 10, 2018	-8.78% Jun 25, 2018 - Aug 10, 2018
#13	-6.11% Nov 13, 2019 - Dec 18, 2019	-8.73% Apr 28, 2022 - May 26, 2022
#14	-5.32% Sep 4, 2024 - Sep 16, 2024	-6.21% Apr 18, 2022 - Apr 27, 2022
#15	-5.18% Mar 21, 2019 - Apr 1, 2019	-5.11% Feb 25, 2019 - Apr 22, 2019