About Nationstar Mortgage (NYSE:NSM)
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. 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
Industry Mortgage bankers & correspondents
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNYSE:NSM
CUSIP63861C10
Phone469-549-2000
Debt
Debt-to-Equity Ratio5.77%
Current Ratio0.42%
Quick Ratio0.42%
Price-To-Earnings
Trailing P/E Ratio12.18
Forward P/E Ratio8.38
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.65 billion
Price / Sales1.07
Cash Flow$2.9493 per share
Price / Cash6.11
Book Value$17.62 per share
Price / Book1.02
Profitability
EPS (Most Recent Fiscal Year)$1.48
Net Income$30 million
Net Margins1.82%
Return on Equity9.24%
Return on Assets0.85%
Miscellaneous
Employees7,600
Outstanding Shares98,200,000
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 declared that its board has initiated a share buyback plan on Friday, April 7th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.
How were Nationstar Mortgage's earnings last quarter?
Nationstar Mortgage Holdings Inc (NYSE:NSM) issued its quarterly earnings data on Thursday, March, 1st. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.43. The financial services provider earned $437 million during the quarter, compared to analysts' expectations of $458.70 million. Nationstar Mortgage had a return on equity of 9.24% and a net margin of 1.82%. The firm's quarterly revenue was down 44.6% compared to the same quarter last year. During the same period last year, the company earned $0.36 earnings per share. View Nationstar Mortgage's Earnings History.
When is Nationstar Mortgage's next earnings date?
What price target have analysts set for NSM?
5 brokerages have issued twelve-month target prices 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 $18.30 in the next twelve months. View Analyst Ratings for Nationstar Mortgage.
Who are some of Nationstar Mortgage's key competitors?
Some companies that are related to Nationstar Mortgage include Bank of Hawaii (BOH), Itau Corpbanca (ITCB), Navient (NAVI), LaSalle Hotel Properties (LHO), Weingarten Realty (WRI), Hammerson (HMSO), Taubman Centers (TCO), Healthcare Realty Trust (HR), Paramount Group (PGRE), Realogy (RLGY), Blackstone Mortgage Trust (BXMT), Essent Group (ESNT), Radian Group (RDN), American National Ins (ANAT), Cathay General Bancorp (CATY), First Financial Bankshares (FFIN), Glacier Bancorp (GBCI) and Chimera Investment (CIM).
Who are Nationstar Mortgage's key executives?
Nationstar Mortgage's management team includes the folowing people:
- Jay Bray, Chairman of the Board, President, Chief Executive Officer (Age 50)
- Amar R. Patel, Interim Chief Financial Officer, Executive Vice President (Age 45)
- Mahir Patel, Executive Vice President, Chief Risk Officer
- Anthony W. Villani, Executive Vice President, General Counsel (Age 60)
- Anthony L. Ebers, Executive Vice President - Organisation (Age 51)
- Ramesh Lakshminarayanan, Executive Vice President, Chief Business and Analytics Officer (Age 53)
- Michael R. Rawls, Executive Vice President - Servicing (Age 47)
- Roy A. Guthrie, Lead Director, Independent Director (Age 63)
- Robert H. Gidel, Independent Director (Age 65)
- Brett Hawkins, Independent Director (Age 53)
Has Nationstar Mortgage been receiving favorable news coverage?
Media stories about NSM stock have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nationstar Mortgage earned a daily sentiment score of 0.02 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.28 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 $18.02.
How big of a company is Nationstar Mortgage?
Nationstar Mortgage has a market capitalization of $1.77 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.
Nationstar Mortgage (NYSE:NSM) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Nationstar Mortgage in the last 12 months. Their average twelve-month price target is $18.30, suggesting that the stock has a possible upside of 1.55%. The high price target for NSM is $20.00 and the low price target for NSM is $13.50. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.25 | 2.33 | 2.30 |
| Ratings Breakdown: | 2 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $18.30 | $18.3571 | $18.50 | $18.3333 |
| Price Target Upside: | 1.55% upside | 4.36% upside | 0.22% downside | 8.80% upside |
Nationstar Mortgage (NYSE:NSM) Consensus Price Target History
Nationstar Mortgage (NYSE:NSM) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/2/2018 | Barclays | Reiterated Rating | Underweight -> Sell | $18.00 -> $19.00 | Low |  |
| 2/20/2018 | Credit Suisse Group | Lower Price Target | Outperform -> Outperform | $23.00 -> $20.00 | Low | |
| 2/13/2018 | Piper Jaffray | Downgrade | Neutral -> Underweight | $13.50 | High | |
| 10/26/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $20.00 | N/A | |
| 5/8/2017 | Oppenheimer | Set Price Target | Buy | $19.00 | Medium | |
| 4/4/2017 | Compass Point | Upgrade | Sell -> Neutral | | Low | |
| 3/27/2017 | Wedbush | Initiated Coverage | Outperform -> Outperform | $19.00 | High | |
| 3/24/2017 | Instinet | Reiterated Rating | Buy | $20.00 -> $18.00 | Low | |
| 2/23/2017 | FBR & Co | Boost Price Target | Market Perform | $15.75 -> $17.00 | N/A | |
| 11/30/2016 | Nomura | Boost Price Target | Buy | $18.00 -> $20.00 | N/A | |
| 8/4/2016 | Citigroup | Boost Price Target | Neutral | $13.00 -> $14.00 | N/A | |
(Data available from 4/21/2016 forward)
Nationstar Mortgage (NYSE:NSM) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Nationstar Mortgage (NYSE NSM) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 98.76%
Nationstar Mortgage (NYSE NSM) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/8/2018 | John Carter | Director | Buy | 5,500 | $0.12 | $660.00 | | |
| 12/15/2017 | John Carter | Director | Buy | 10,000 | $0.12 | $1,200.00 | | |
| 3/29/2017 | Michael D Malone | Director | Buy | 30,000 | $15.95 | $478,500.00 | 66,059 | |
| 3/24/2017 | Sheldon Inwentash | Insider | Buy | 66,500 | $0.39 | $25,935.00 | | |
| 3/15/2017 | Sheldon Inwentash | Insider | Buy | 100,000 | $0.40 | $40,000.00 | | |
| 2/28/2017 | Sheldon Inwentash | Insider | Buy | 30,500 | $0.35 | $10,675.00 | | |
| 2/27/2017 | Sheldon Inwentash | Insider | Buy | 50,000 | $0.35 | $17,500.00 | | |
| 9/15/2014 | Brett Hawkins | Director | Sell | 7,800 | $32.04 | $249,912.00 | | |
| 8/23/2013 | Ramesh Lakshminarayanan | EVP | Sell | 10,000 | $49.13 | $491,300.00 | 39,360 | |
(Data available from 1/1/2013 forward)
Nationstar Mortgage (NYSE NSM) News Headlines
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Nationstar Mortgage (NYSE:NSM) SEC Filings
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Nationstar Mortgage (NYSE:NSM) Income Statement, Balance Sheet and Cash Flow Statement
Nationstar Mortgage (NYSE NSM) Stock Chart for Saturday, April, 21, 2018
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