Media stories about Nationstar Mortgage Holdings (NYSE:NSM) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nationstar Mortgage Holdings earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 75 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the near term.
A number of research analysts have recently weighed in on the stock. BidaskClub upgraded shares of Nationstar Mortgage Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Zacks Investment Research downgraded shares of Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a report on Saturday, May 6th. Compass Point upgraded shares of Nationstar Mortgage Holdings from a “sell” rating to a “neutral” rating in a report on Tuesday, April 4th. TheStreet upgraded shares of Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a report on Monday, June 26th. Finally, Piper Jaffray Companies dropped their target price on shares of Nationstar Mortgage Holdings from $15.00 to $14.50 and set an “underweight” rating on the stock in a report on Wednesday, March 22nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Nationstar Mortgage Holdings currently has an average rating of “Hold” and a consensus price target of $17.86.
Shares of Nationstar Mortgage Holdings (NSM) traded up 1.57% during mid-day trading on Monday, hitting $18.12. 333,416 shares of the stock traded hands. Nationstar Mortgage Holdings has a one year low of $11.18 and a one year high of $19.83. The firm has a market capitalization of $1.77 billion, a P/E ratio of 11.79 and a beta of 1.48. The company’s 50 day moving average is $17.38 and its 200 day moving average is $17.39.
Nationstar Mortgage Holdings (NYSE:NSM) last released its quarterly earnings results on Thursday, May 4th. The financial services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by $0.03. Nationstar Mortgage Holdings had a return on equity of 10.61% and a net margin of 7.30%. The business had revenue of $427 million for the quarter, compared to the consensus estimate of $455.18 million. During the same period in the prior year, the business posted $0.27 earnings per share. Nationstar Mortgage Holdings’s revenue was up 61.9% compared to the same quarter last year. On average, equities analysts expect that Nationstar Mortgage Holdings will post $1.28 EPS for the current fiscal year.
Nationstar Mortgage Holdings Company Profile
Nationstar Mortgage Holdings Inc provides servicing, origination and transaction based services principally to single-family residences throughout the United States. The Company operates through three segments: Servicing, Originations and Xome. The Company provides residential loan services in the United States.
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