Nationstar Mortgage Holdings Company Profile (NYSE:NSM)

About Nationstar Mortgage Holdings (NYSE:NSM)

Nationstar Mortgage Holdings logoNationstar 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. The Company also operates an integrated residential loan origination platform that is primarily focused on customer retention. Its Xome subsidiary offers an array of complementary services related to the purchase and disposition of residential real estate. It provides non-bank services and residential mortgage services in the United States conducting operations through its Nationstar Mortgage and Champion Mortgage brands. It originates and purchases conventional mortgage loans conforming to the underwriting standards of the government sponsored entities, which it collectively refers to as Agency loans. The Xome segment is a provider of technology and data-enhanced solutions.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage Investment
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NYSE:NSM
  • CUSIP: 63861C10
  • Web: www.nationstarholdings.com
Capitalization:
  • Market Cap: $1.69 billion
  • Outstanding Shares: 97,591,000
Average Prices:
  • 50 Day Moving Avg: $16.63
  • 200 Day Moving Avg: $17.35
  • 52 Week Range: $10.19 - $19.83
P/E:
  • Trailing P/E Ratio: 11.24
  • Foreward P/E Ratio: 9.44
  • P/E Growth: 1.20
Sales & Book Value:
  • Annual Revenue: $1.39 billion
  • Price / Sales: 1.21
  • Book Value: $17.23 per share
  • Price / Book: 1.00
Profitability:
  • Net Margins: -5.80%
  • Return on Equity: 10.50%
  • Return on Assets: 1.01%
Debt:
  • Debt-to-Equity Ratio: 5.62%
  • Current Ratio: 0.58%
  • Quick Ratio: 0.58%
Misc:
  • Average Volume: 498,935 shs.
  • Beta: 0.9
  • Short Ratio: 11.98
 

Frequently Asked Questions for Nationstar Mortgage Holdings (NYSE:NSM)

What is Nationstar Mortgage Holdings' stock symbol?

Nationstar Mortgage Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "NSM."

How will Nationstar Mortgage Holdings' stock buyback program work?

Nationstar Mortgage Holdings declared that its board has authorized a stock repurchase program on Friday, April 7th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were Nationstar Mortgage Holdings' earnings last quarter?

Nationstar Mortgage Holdings Inc (NYSE:NSM) issued its earnings results on Thursday, May, 4th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.03. The business earned $427 million during the quarter, compared to analyst estimates of $455.18 million. Nationstar Mortgage Holdings had a positive return on equity of 10.50% and a negative net margin of 5.80%. Nationstar Mortgage Holdings's revenue for the quarter was up 61.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 earnings per share. View Nationstar Mortgage Holdings' Earnings History.

Where is Nationstar Mortgage Holdings' stock going? Where will Nationstar Mortgage Holdings' stock price be in 2017?

11 analysts have issued 12-month price objectives for Nationstar Mortgage Holdings' stock. Their forecasts range from $14.00 to $22.00. On average, they expect Nationstar Mortgage Holdings' share price to reach $17.85 in the next year. View Analyst Ratings for Nationstar Mortgage Holdings.

What are analysts saying about Nationstar Mortgage Holdings stock?

Here are some recent quotes from research analysts about Nationstar Mortgage Holdings stock:

  • 1. According to Zacks Investment Research, "Nationstar Mortgage Holdings, Inc. is a mortgage lender. It services loans throughout the United States and originates primarily conventional agency and government residential mortgage loans and also offers a diverse array of complementary services for mortgage investors. Nationstar Mortgage Holdings, Inc. is headquartered in Lewisville, Texas. " (5/6/2017)
  • 2. Wedbush analysts commented, "We are initiating coverage of NSM with an OUTPERFORM rating and a $19.00 price target. NSM is one of two remaining profitable independent public residential mortgage companies. Its primary growth channels going forwardare expected to be its servicing/subservicing business and its ability to "capture" additional mortgage production from its servicing portfolio. We believe 2017 should be a transitional year and the benefits of this strategy more apparent in 2018." (3/27/2017)
  • 3. Instinet analysts commented, "It has been less than six months since we initiated on NSM and it has been a roller coaster. After hitting nearly $20 in early February, the stock has since reversed hard, down almost 25% to just above $15, virtually the same level as at October of last year. The selloff has been driven by a combination of surprisingly weak Origination results, uncertainty about earnings power and now resignation of the CFO, Robert Stiles'a very tough cocktail." (3/24/2017)
  • 4. Piper Jaffray Companies analysts commented, "We are adjusting our price target to $14.50 from $15 following a review of the 10-K. We are also lowering our adjusted EPS to $1.23 from $1.32 and FY18E EPS to $1.43 from $1.53. Our estimates assume NSM achieves a pretax adjusted earnings level equal to 5.6 bps per UPB in the servicing segment versus the company's 5.0 bps guidance. Meanwhile, higher rates will pressure the Origination segment with mortgage origination volumes down 20% Y/Y while pretax operating margins decline 3% from FY16 levels. Given this backdrop, we expect NSM will attempt to cut expenses through 2017. We note on a GAAP basis, we estimate $0.45 in FY17 and $0.71 in FY18. Our estimates imply the stock is trading at 12.8x FY17E P/E on an adjusted basis or 35x on GAAP basis." (3/22/2017)
  • 5. FBR & Co analysts commented, "Nationstar reported GAAP EPS of $2.01 and adjusted EPS of $0.36 per share, missing our $0.39 estimate and Street expectations for $0.38. Headline earnings were supported by a large positive mark to market on its MSRs, while lower origination and Xome revenues drove the operating miss to consensus. However, servicing metrics remain steady, and the company ended the year at its 5-bp profitability target as revenues ticked up and the amortization on the asset slowed significantly given lower CPRs. Additionally, Nationstar continues to add to its subservicing portfolio, which now makes up 26% of the servicing portfolio from just 6% in 2Q16. While we remain on the sidelines with regard to shares, we believe that this was a solid operating quarter overall and are encouraged by the progress that the company has made in de-levering the balance sheet and building its servicing platform. Following earnings, we are increasing our price target on NSM shares to $17.00 from $15.75." (2/23/2017)

Who are some of Nationstar Mortgage Holdings' key competitors?

Who owns Nationstar Mortgage Holdings stock?

Nationstar Mortgage Holdings' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (7.36%), Vanguard Group Inc. (2.76%), Rubric Capital Management LP (1.17%), Boston Partners (1.05%), Proxima Capital Management LLC (0.63%) and Hancock Holding Co. (0.47%). View Institutional Ownership Trends for Nationstar Mortgage Holdings.

Who sold Nationstar Mortgage Holdings stock? Who is selling Nationstar Mortgage Holdings stock?

Nationstar Mortgage Holdings' stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Hodges Capital Management Inc., City Financial Investment Co Ltd, Proxima Capital Management LLC, JPMorgan Chase & Co., Diamond Hill Capital Management Inc., Oxford Asset Management and SLS Management LLC. View Insider Buying and Selling for Nationstar Mortgage Holdings.

Who bought Nationstar Mortgage Holdings stock? Who is buying Nationstar Mortgage Holdings stock?

Nationstar Mortgage Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Hancock Holding Co., Vanguard Group Inc., Dimensional Fund Advisors LP, Ranger Global Real Estate Advisors LLC, Rubric Capital Management LP, FMR LLC, Quotient Investors LLC and James Investment Research Inc.. View Insider Buying and Selling for Nationstar Mortgage Holdings.

How do I buy Nationstar Mortgage Holdings stock?

Shares of Nationstar Mortgage Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Nationstar Mortgage Holdings stock cost?

One share of Nationstar Mortgage Holdings stock can currently be purchased for approximately $17.28.

Analyst Ratings

Consensus Ratings for Nationstar Mortgage Holdings (NYSE:NSM) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $17.85 (3.30% upside)

Analysts' Ratings History for Nationstar Mortgage Holdings (NYSE:NSM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017Oppenheimer Holdings Inc.Set Price TargetBuy$19.00MediumView Rating Details
4/10/2017Keefe, Bruyette & WoodsReiterated RatingHold$20.00MediumView Rating Details
4/4/2017Compass PointUpgradeSell -> NeutralLowView Rating Details
3/27/2017WedbushInitiated CoverageOutperform -> Outperform$19.00HighView Rating Details
3/24/2017InstinetReiterated RatingBuy$20.00 -> $18.00LowView Rating Details
3/22/2017Piper Jaffray CompaniesLower Price TargetUnderweight$15.00 -> $14.50MediumView Rating Details
3/3/2017Credit Suisse Group AGReiterated RatingBuy$22.00N/AView Rating Details
2/23/2017FBR & CoBoost Price TargetMarket Perform$15.75 -> $17.00N/AView Rating Details
2/23/2017Barclays PLCDowngradeEqual Weight -> Underweight$15.00N/AView Rating Details
11/30/2016NomuraBoost Price TargetBuy$18.00 -> $20.00N/AView Rating Details
8/4/2016Citigroup IncBoost Price TargetNeutral$13.00 -> $14.00N/AView Rating Details
12/16/2015Morgan StanleyDowngradeEqual Weight -> Underweight$19.00 -> $12.00N/AView Rating Details
11/4/2015Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Nationstar Mortgage Holdings (NYSE:NSM)
Earnings by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)
Earnings History by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.33$0.30$455.18 million$427.00 millionViewListenView Earnings Details
2/22/2017Q416$0.43$0.36$369.92 million$789.00 millionViewListenView Earnings Details
11/2/2016Q316$0.41$0.52$369.92 million$542.00 millionViewN/AView Earnings Details
8/3/2016Q216$0.43$0.52$369.92 million$346.00 millionViewN/AView Earnings Details
5/4/2016Q116$0.33$0.27$353.90 million$345.50 millionViewN/AView Earnings Details
2/25/2016Q415$0.27$0.32$587.70 million$397.20 millionViewListenView Earnings Details
11/3/2015Q315$0.30$0.30$369.92 million$621.60 millionViewN/AView Earnings Details
7/30/2015Q215$0.48$0.32$369.92 million$621.61 millionViewListenView Earnings Details
5/5/2015Q115$0.74$0.24$295.80 million$215.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.95$0.58$369.92 million$449.36 millionViewN/AView Earnings Details
11/6/2014Q314$1.09$0.80$369.92 million$504.32 millionViewListenView Earnings Details
8/6/2014Q214$0.87$0.87$369.92 million$576.73 millionViewN/AView Earnings Details
5/8/2014Q114$0.75$0.53$369.92 million$469.64 millionViewListenView Earnings Details
2/27/2014Q413$0.13($0.56)$395.85 million$420.42 millionViewListenView Earnings Details
11/7/2013Q313$1.22$1.08$603.67 million$631.84 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.98$1.50$527.00 million$603.70 millionViewListenView Earnings Details
5/7/2013Q1 2013$0.74$0.85$369.92 million$431.10 millionViewListenView Earnings Details
3/7/2013Q4 2012$0.67$1.72$284.90 million$332.60 millionViewN/AView Earnings Details
11/6/2012Q312$0.60$0.64$276.60 million$277.20 millionViewN/AView Earnings Details
8/14/2012$0.38$0.41ViewN/AView Earnings Details
6/9/2011$0.27$0.26ViewN/AView Earnings Details
3/10/2011$0.24$0.24ViewN/AView Earnings Details
12/9/2010$0.32$0.34$399.46 million$390.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nationstar Mortgage Holdings (NYSE:NSM)
2017 EPS Consensus Estimate: $1.83
2018 EPS Consensus Estimate: $1.99
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.29$0.33$0.31
Q2 20173$0.44$0.45$0.45
Q3 20173$0.48$0.53$0.51
Q4 20172$0.54$0.60$0.57
Q1 20182$0.29$0.54$0.42
Q2 20182$0.53$0.54$0.54
Q3 20182$0.53$0.54$0.54
Q4 20182$0.48$0.53$0.51
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Nationstar Mortgage Holdings (NYSE:NSM)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Nationstar Mortgage Holdings (NYSE:NSM)
Insider Ownership Percentage: 67.20%
Insider Trades by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)
Institutional Ownership by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)
Insider Trades by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/29/2017Michael D MaloneDirectorBuy30,000$15.95$478,500.00View SEC Filing  
9/15/2014Brett HawkinsDirectorSell7,800$32.04$249,912.00View SEC Filing  
8/23/2013Ramesh LakshminarayananEVPSell10,000$49.13$491,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Nationstar Mortgage Holdings (NYSE:NSM)
Latest Headlines for Nationstar Mortgage Holdings (NYSE:NSM)
Source:
DateHeadline
finance.yahoo.com logoNorthern Sphere Mining Corp. Announces the Granting of Stock Options
finance.yahoo.com - May 24 at 10:23 AM
americanbankingnews.com logoWedbush Equities Analysts Lift Earnings Estimates for Nationstar Mortgage Holdings Inc (NSM)
www.americanbankingnews.com - May 22 at 7:32 AM
bizjournals.com logoMortgage Investment Stocks Under Scanner -- Essent, Hercules Capital, Nationstar Mortgage, and Arlington Asset Investment
www.bizjournals.com - May 15 at 10:06 AM
americanbankingnews.com logoOppenheimer Holdings Analysts Decrease Earnings Estimates for Nationstar Mortgage Holdings Inc (NSM)
www.americanbankingnews.com - May 11 at 11:12 AM
americanbankingnews.com logoNationstar Mortgage Holdings Inc Expected to Earn Q2 2017 Earnings of $0.45 Per Share (NSM)
www.americanbankingnews.com - May 10 at 8:12 AM
americanbankingnews.com logoOppenheimer Holdings Inc. Analysts Give Nationstar Mortgage Holdings Inc (NSM) a $19.00 Price Target
www.americanbankingnews.com - May 9 at 6:52 PM
finance.yahoo.com logoEdited Transcript of NSM earnings conference call or presentation 4-May-17 1:00pm GMT
finance.yahoo.com - May 8 at 12:16 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 6 at 8:32 AM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 5 at 11:52 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Posts Quarterly Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - May 5 at 11:31 PM
nasdaq.com logoNationstar Mortgage Q1 Profit Sequentially Declines
www.nasdaq.com - May 5 at 9:09 AM
finance.yahoo.com logoNationstar Mortgage Holdings, Inc. breached its 50 day moving average in a Bullish Manner : NSM-US : May 5, 2017
finance.yahoo.com - May 5 at 9:09 AM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Posts Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - May 4 at 9:44 PM
americanbankingnews.com logoBrokers Set Expectations for Nationstar Mortgage Holdings Inc's Q2 2017 Earnings (NSM)
www.americanbankingnews.com - May 4 at 11:56 AM
finance.yahoo.com logoNationstar Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 11:17 AM
marketbeat.com logoNationstar misses 1Q profit forecasts
marketbeat.com - May 4 at 9:12 AM
americanbankingnews.com logoNationstar Mortgage Holdings (NSM) Earns Media Sentiment Rating of 0.10
www.americanbankingnews.com - May 3 at 7:44 PM
finance.yahoo.com logoNationstar to Officially Become Mr. Cooper in August 2017
finance.yahoo.com - May 2 at 7:31 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 2 at 9:40 AM
americanbankingnews.com logoNationstar Mortgage Holdings (NSM) Getting Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 28 at 10:06 PM
americanbankingnews.com logo$0.32 Earnings Per Share Expected for Nationstar Mortgage Holdings Inc (NSM) This Quarter
www.americanbankingnews.com - April 28 at 12:48 AM
americanbankingnews.com logoFavorable Press Coverage Likely to Affect Nationstar Mortgage Holdings (NSM) Stock Price
www.americanbankingnews.com - April 25 at 8:04 PM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - NSM
www.nasdaq.com - April 25 at 6:07 PM
finance.yahoo.com logoNationstar to Discuss First Quarter Results on May 4, 2017
finance.yahoo.com - April 20 at 6:59 PM
finance.yahoo.com logoNationstar Awarded Top Servicing Performance Rating from Fannie Mae
finance.yahoo.com - April 17 at 9:53 AM
americanbankingnews.com logoNationstar Mortgage Holdings (NSM) Earns Daily News Impact Rating of 0.31
www.americanbankingnews.com - April 16 at 1:25 PM
americanbankingnews.com logoNationstar Mortgage Holdings (NSM) Getting Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 13 at 8:39 PM
americanbankingnews.com logoKeefe, Bruyette & Woods Reiterates "Hold" Rating for Nationstar Mortgage Holdings Inc (NSM)
www.americanbankingnews.com - April 10 at 9:39 PM
americanbankingnews.com logoNationstar Mortgage Holdings (NSM) Approves Share Buyback Plan
www.americanbankingnews.com - April 7 at 8:37 PM
americanbankingnews.com logoZacks: Analysts Anticipate Nationstar Mortgage Holdings Inc (NSM) to Announce $0.32 Earnings Per Share
www.americanbankingnews.com - April 6 at 6:15 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Raised to Neutral at Compass Point
www.americanbankingnews.com - April 4 at 1:16 PM
americanbankingnews.com logoMichael D. Malone Buys 30,000 Shares of Nationstar Mortgage Holdings Inc (NSM) Stock
www.americanbankingnews.com - March 30 at 4:28 PM
americanbankingnews.com logoWedbush Comments on Nationstar Mortgage Holdings Inc's Q1 2017 Earnings (NSM)
www.americanbankingnews.com - March 30 at 8:52 AM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Now Covered by Wedbush
www.americanbankingnews.com - March 27 at 6:27 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Stock Rating Reaffirmed by Instinet
www.americanbankingnews.com - March 24 at 11:43 AM
wsj.com logoCFO Moves: Nationstar Mortgage Holdings, Entercom Communications, China Mobile
blogs.wsj.com - March 23 at 7:24 PM
us.rd.yahoo.com logoNationstar Announces Interim Chief Financial Officer
us.rd.yahoo.com - March 22 at 6:56 PM
biz.yahoo.com logoNATIONSTAR MORTGAGE HOLDINGS INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements
biz.yahoo.com - March 22 at 6:56 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) PT Lowered to $14.50
www.americanbankingnews.com - March 22 at 2:25 PM
businesswire.com logoRobbins Arroyo LLP Is Investigating the Officers and Directors of ... - Business Wire (press release)
www.businesswire.com - March 21 at 11:28 AM
americanbankingnews.com logoZacks Investment Research Downgrades Nationstar Mortgage Holdings Inc (NSM) to Sell
www.americanbankingnews.com - March 20 at 8:30 AM
News IconUPDATE 1-Nationstar Mortgage to pay $1.75 mln over loan reporting flaws -CFPB
www.businessinsider.com - March 17 at 8:23 AM
streetinsider.com logoNationstar Mortgage (NSM) to Pay $1.75M Civil Penalty CFPB Fine for Flawed Mortgage Loan Reporting
www.streetinsider.com - March 15 at 7:05 PM
finance.yahoo.com logoNationstar Mortgage to pay $1.7 mln over loan reporting flaws -CFPB
finance.yahoo.com - March 15 at 7:05 PM
finance.yahoo.com logoNationstar Issues Statement Regarding Decision to Resolve Matter with CFPB
finance.yahoo.com - March 15 at 7:05 PM
finance.yahoo.com logoNATIONSTAR MORTGAGE HOLDINGS INC. Financials
finance.yahoo.com - March 15 at 7:05 PM
finance.yahoo.com logo1:06 pm Nationstar Mortgage announces that it has resolved an examination matter with the Consumer Financial Protection Bureau concerning data reporting under the Home Mortgage Disclosure Act; pays $1.75 mln settlement
finance.yahoo.com - March 15 at 7:05 PM
finance.yahoo.com logoNationstar Mortgage to pay $1.75 mln over loan reporting flaws -CFPB
finance.yahoo.com - March 15 at 7:05 PM
biz.yahoo.com logoNATIONSTAR MORTGAGE HOLDINGS INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 9 at 6:44 PM
americanbankingnews.com logoNationstar Mortgage Holdings Inc (NSM) Receives Average Rating of “Hold” from Brokerages
www.americanbankingnews.com - March 9 at 1:51 PM

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Chart

Nationstar Mortgage Holdings (NSM) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff