About Nationstar Mortgage (NYSE:NSM)
Nationstar Mortgage Holdings Inc. provides servicing, origination, and transaction based services primarily to single-family residences in the United States. It operates in three segments: Servicing, Originations, and Xome. The Servicing segment offers conventional residential mortgage loans and home equity conversion loans. It engages in the collection and recording of mortgage payments, administration of mortgage escrow accounts, negotiations of workouts and modifications, and conducting or managing the foreclosure on behalf of investors or other servicers for owned mortgage servicing rights. This segment also provides various services that include collecting monthly payments, maintaining escrow accounts, providing periodic reports, and managing insurance. The Originations segment operates an integrated residential loan origination platform that is primarily focused on customer retention. This segment originates and purchases conventional mortgage loans and government-insured mortgage loans. Its platform also serves as a loss mitigation solution for servicing clients and customers by offering refinancing options to borrowers. The Xome segment provides technology and data-enhanced solutions to home buyers, home sellers, real estate professionals, and companies. It offers Xome Exchange, a technology-enabled platform that manages and sells residential properties; Xome Services, which connects the touch points of the real estate transactions process by providing title, escrow, and collateral valuation services for purchase, refinance, and default transactions; and a software as a service platform that provides integrated technology, media, and data solutions to real estate franchisors, brokerages, agents, and multiple listing service organizations and associations. The company was founded in 1994 and is headquartered in Coppell, Texas.
Industry, Sector and Symbol
Industry Mortgage bankers & correspondents
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNYSE:NSM
CUSIP63861C10
Phone469-549-2000
Debt
Debt-to-Equity Ratio5.31
Current Ratio0.40
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio12.03
Forward P/E Ratio7.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.65 billion
Price / Sales1.06
Cash Flow$2.9470 per share
Price / Cash6.04
Book Value$17.62 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$1.48
Net Income$30 million
Net Margins10.38%
Return on Equity9.85%
Return on Assets0.95%
Miscellaneous
Employees7,600
Outstanding Shares98,230,000
Nationstar Mortgage (NYSE:NSM) Frequently Asked Questions
What is Nationstar Mortgage's stock symbol?
Nationstar Mortgage trades on the New York Stock Exchange (NYSE) under the ticker symbol "NSM."
How will Nationstar Mortgage's stock buyback program work?
Nationstar Mortgage announced that its Board of Directors has initiated a stock buyback plan on Friday, April 7th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.
How were Nationstar Mortgage's earnings last quarter?
Nationstar Mortgage Holdings Inc (NYSE:NSM) posted its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. The financial services provider earned $588 million during 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%. The company's revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 EPS. View Nationstar Mortgage's Earnings History.
When is Nationstar Mortgage's next earnings date?
What price target have analysts set for NSM?
4 brokerages have issued 12-month price targets for Nationstar Mortgage's stock. Their forecasts range from $13.50 to $20.00. On average, they anticipate Nationstar Mortgage's stock price to reach $18.1250 in the next year. View Analyst Ratings for Nationstar Mortgage.
Who are some of Nationstar Mortgage's key competitors?
Some companies that are related to Nationstar Mortgage include Credit Acceptance (CACC), Lamar Advertising (LAMR), Signature Bank (SBNY), Santander Consumer USA (SC), PacWest Bancorp (PACW), BOK Financial (BOKF), Douglas Emmett (DEI), Synovus Financial (SNV), Eaton Vance (EV), Oaktree Capital Group (OAK), Liberty Property Trust (LPT), People's United Financial (PBCT), Western Alliance Bancorporation (WAL), Apartment Investment and Management (AIV) and National Retail Properties (NNN).
Who are Nationstar Mortgage's key executives?
Nationstar Mortgage's management team includes the folowing people:
- Mr. Jay Bray, Chairman, Pres & CEO (Age 51)
- Mr. Amar R. Patel, Exec. VP & CFO (Age 46)
- Mr. Anthony W. Villani, Exec. VP & Gen. Counsel (Age 61)
- Mr. Michael R. Rawls, Exec. VP of Servicing (Age 48)
- Mr. Anthony L. Ebers, Exec. VP of Originations (Age 52)
Has Nationstar Mortgage been receiving favorable news coverage?
Media stories about NSM stock have trended somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. 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 earned a daily sentiment score of 0.10 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Nationstar Mortgage's major shareholders?
Nationstar Mortgage's stock is owned by many different of retail and institutional investors. Top institutional investors 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.
Which institutional investors are selling Nationstar Mortgage stock?
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.
Which institutional investors are buying Nationstar Mortgage stock?
NSM stock was bought 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.
How do I buy shares of 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.
What is Nationstar Mortgage's stock price today?
One share of NSM stock can currently be purchased for approximately $17.80.
How big of a company is Nationstar Mortgage?
Nationstar Mortgage has a market capitalization of $1.75 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.
How can I contact Nationstar Mortgage?
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]
MarketBeat Community Rating for Nationstar Mortgage (NSM)
MarketBeat's community ratings are surveys of what our community members think about Nationstar Mortgage and other stocks. Vote "Outperform" if you believe NSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NSM will underperform the S&P 500 over the long term. You may vote once every thirty days.
