Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock is listed on the NASDAQ under the symbol "NMIH." On February 11, 2022, there were 85,839,783 shares of our Class A common stock outstanding and approximately thirteen holders of record. There are no shares of our Class B common stock outstanding. The closing price of our common stock on NASDAQ on February 11, 2022 was $25.97.
No dividends on our common stock have previously been declared or paid, and we may not declare or pay dividends in the future. For information on our ability to pay dividends, see Item 7, " Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources " and Item 8, " Financial Statements and Supplementary Data - Notes to Consolidated Financial Statements - Note16, Regulatory Information - Dividend Restrictions. "
Issuer Purchases of Equity Securities
We did not repurchase any shares of our common stock during 2021.
Common Stock Performance Graph
The following graph compares the cumulative total stockholder return on our Class A common stock from December 31, 2016 until December 31, 2021, with the cumulative total stockholder return on the Russell 2000 Index, S&P Small Cap 600 Index and an index of selected mortgage insurance companies (Peer Index). The Peer Index includes Essent, MGIC and Radian. The total stockholder's returns are not necessarily indicative of future returns. Information contained or referenced in the stock performance graph below is being furnished with this report and will not be deemed "filed" for purposes of Section 18 of the Exchange Act or deemed to be incorporated by reference into any filing under the Exchange Act or the Securities Act.
12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021
NMI Holdings, Inc. $ 100 $ 160 $ 168 $ 312 $ 213 $ 205
Russell 2000 Index 100 115 102 128 154 176
S&P Small Cap 600 100 113 104 127 142 180
Peer Index (ESNT, MTG, RDN) 100 129 102 157 135 142
Item 6. [Reserved]
56
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