Nationstar Mortgage Holdings Inc (NYSE:NSM) – Wedbush issued their Q1 2018 earnings per share estimates for Nationstar Mortgage in a research note issued on Tuesday. Wedbush analyst H. Coffey expects that the financial services provider will post earnings per share of $0.42 for the quarter. Wedbush also issued estimates for Nationstar Mortgage’s Q2 2018 earnings at $0.58 EPS, Q3 2018 earnings at $0.65 EPS, Q4 2018 earnings at $0.75 EPS and Q1 2019 earnings at $0.47 EPS.
Several other analysts have also weighed in on NSM. Zacks Investment Research lowered Nationstar Mortgage from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th. Piper Jaffray Companies restated a “hold” rating and set a $18.00 price target on shares of Nationstar Mortgage in a report on Thursday, January 11th. ValuEngine lowered Nationstar Mortgage from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $20.00 price target on shares of Nationstar Mortgage in a report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Nationstar Mortgage has an average rating of “Hold” and a consensus price target of $18.28.
Shares of Nationstar Mortgage (NYSE NSM) opened at $16.76 on Thursday. Nationstar Mortgage has a twelve month low of $14.67 and a twelve month high of $20.71. The firm has a market capitalization of $1,625.21, a price-to-earnings ratio of 8.82 and a beta of 1.22. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 6.26.
A number of institutional investors have recently made changes to their positions in NSM. Cubist Systematic Strategies LLC bought a new position in Nationstar Mortgage in the 2nd quarter valued at $160,000. Engineers Gate Manager LP bought a new position in Nationstar Mortgage in the 3rd quarter valued at $227,000. Ramsey Quantitative Systems bought a new position in Nationstar Mortgage in the 4th quarter valued at $230,000. MetLife Investment Advisors LLC bought a new position in Nationstar Mortgage in the 4th quarter valued at $244,000. Finally, Paloma Partners Management Co bought a new position in Nationstar Mortgage in the 4th quarter valued at $297,000. 98.76% of the stock is currently owned by institutional investors.
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About Nationstar Mortgage
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.
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