Press coverage about Nationstar Mortgage (NYSE:NSM) has trended somewhat positive on Saturday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nationstar Mortgage earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.5838126848963 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
NSM has been the topic of a number of recent research reports. Piper Jaffray downgraded shares of Nationstar Mortgage from a “neutral” rating to an “underweight” rating and set a $13.50 price objective on the stock. in a report on Tuesday, February 13th. Zacks Investment Research downgraded shares of Nationstar Mortgage from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 14th. Credit Suisse Group lowered their price objective on shares of Nationstar Mortgage from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. Barclays reiterated a “sell” rating and issued a $19.00 price objective (up from $18.00) on shares of Nationstar Mortgage in a report on Friday, March 2nd. Finally, ValuEngine downgraded shares of Nationstar Mortgage from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Nationstar Mortgage currently has an average rating of “Hold” and an average price target of $18.70.
Nationstar Mortgage opened at $18.34 on Friday, MarketBeat.com reports. Nationstar Mortgage has a 1-year low of $15.95 and a 1-year high of $20.71. The company has a debt-to-equity ratio of 5.31, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a market capitalization of $1.82 billion, a P/E ratio of 12.39 and a beta of 1.14.
Nationstar Mortgage (NYSE:NSM) last released its earnings results on Thursday, May 3rd. The financial services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Nationstar Mortgage had a net margin of 10.38% and a return on equity of 9.85%. The business had revenue of $588.00 million during the quarter, compared to analysts’ expectations of $513.73 million. During the same period last year, the business earned $0.30 earnings per share. The firm’s revenue was up 34.6% on a year-over-year basis. sell-side analysts anticipate that Nationstar Mortgage will post 1.97 EPS for the current year.
About Nationstar Mortgage
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.
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