NYSE:NSM - Nationstar Mortgage Stock Price, Price Target & More

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

Nationstar Mortgage declared that its Board of Directors has initiated a stock buyback 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 purchase up to 5.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Nationstar Mortgage Holdings Inc (NYSE:NSM) announced its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.04. The financial services provider had revenue of $588 million for the quarter, compared to the consensus estimate of $513.73 million. Nationstar Mortgage had a net margin of 10.38% and a return on equity of 9.85%. Nationstar Mortgage's quarterly revenue was up 34.6% compared to the same quarter last year. During the same period last year, the firm posted $0.30 earnings per share. View Nationstar Mortgage's Earnings History.

Nationstar Mortgage is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Nationstar Mortgage.

4 Wall Street analysts have issued 12 month price targets for Nationstar Mortgage's stock. Their forecasts range from $13.50 to $20.00. On average, they expect Nationstar Mortgage's stock price to reach $18.1250 in the next year. View Analyst Ratings for Nationstar Mortgage.

Some companies that are related to Nationstar Mortgage include Kimco Realty (KIM), Lazard (LAZ), Santander Consumer USA (SC), Lamar Advertising (LAMR), PacWest Bancorp (PACW), Douglas Emmett (DEI), Synovus Financial (SNV), Liberty Property Trust (LPT), Western Alliance Bancorporation (WAL), People's United Financial (PBCT), Eaton Vance (EV), CIT Group (CIT), Oaktree Capital Group (OAK), Apollo Global Management LLC Class A (APO) and National Retail Properties (NNN).

Media stories about NSM stock have been trending positive on Wednesday, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nationstar Mortgage earned a daily sentiment score of 0.43 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 48.26 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Nationstar Mortgage's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (6.45%), Rubric Capital Management LP (2.65%), BlackRock Inc. (2.33%), Dimensional Fund Advisors LP (1.76%), Thompson Siegel & Walmsley LLC (0.97%) and Northern Trust Corp (0.36%). Company insiders that own Nationstar Mortgage stock include John Carter, Michael D Malone and Sheldon Inwentash. View Institutional Ownership Trends for Nationstar Mortgage.

NSM stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Diamond Hill Capital Management Inc., Prudential Financial Inc., Wells Fargo & Company MN, BlackRock Inc., JPMorgan Chase & Co., New York State Common Retirement Fund and GSA Capital Partners LLP. View Insider Buying and Selling for Nationstar Mortgage.

NSM stock was acquired by a variety of institutional investors in the last quarter, including Rubric Capital Management LP, Dimensional Fund Advisors LP, LSV Asset Management, Clearline Capital LP, Stifel Financial Corp, Northern Trust Corp, California Public Employees Retirement System and Equitec Proprietary Markets LLC. Company insiders that have bought Nationstar Mortgage stock in the last two years include John Carter, Michael D Malone and Sheldon Inwentash. View Insider Buying and Selling for Nationstar Mortgage.

Shares of NSM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NSM stock can currently be purchased for approximately $17.98.

Nationstar Mortgage has a market capitalization of $1.74 billion and generates $1.65 billion in revenue each year. The financial services provider earns $30 million in net income (profit) each year or $1.48 on an earnings per share basis. Nationstar Mortgage employs 7,600 workers across the globe.

Nationstar Mortgage's mailing address is 8950 CYPRESS WATERS BOULEVARD, COPPELL TX, 75019. The financial services provider can be reached via phone at 469-549-2000 or via email at [email protected]