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 approved a share repurchase plan on Friday, April 7th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Nationstar Mortgage Holdings Inc (NYSE:NSM) announced its quarterly earnings results on Tuesday, July, 17th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. The financial services provider earned $444 million during the quarter, compared to the consensus estimate of $446.20 million. Nationstar Mortgage had a return on equity of 10.28% and a net margin of 14.19%. The business's quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 EPS. View Nationstar Mortgage's Earnings History.

Nationstar Mortgage is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Nationstar Mortgage.

4 Wall Street analysts have issued 12-month price objectives for Nationstar Mortgage's shares. Their predictions range from $13.50 to $20.00. On average, they anticipate Nationstar Mortgage's share price to reach $18.3750 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Ratings for Nationstar Mortgage.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nationstar Mortgage in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Nationstar Mortgage include Signature Bank (SBNY), National Retail Properties (NNN), Lazard (LAZ), Douglas Emmett (DEI), American Homes 4 Rent (AMH), CIT Group (CIT), City Developments (CDEVY), Apartment Investment and Management (AIV), Oaktree Capital Group (OAK), Liberty Property Trust (LPT), Eaton Vance (EV), Synovus Financial (SNV), People's United Financial (PBCT), BOK Financial (BOKF) and PacWest Bancorp (PACW).

News headlines about NSM stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nationstar Mortgage earned a news impact score of 0.11 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 $17.95.

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.

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]