Shares of Nationstar Mortgage Holdings Inc. (NYSE:NSM) have received a consensus rating of “Hold” from the fourteen ratings firms that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $18.33.

Several equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $20.00 price objective on shares of Nationstar Mortgage Holdings in a research note on Thursday, October 26th. Zacks Investment Research cut Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. ValuEngine upgraded Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 26th. BidaskClub cut Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Finally, Piper Jaffray Companies reiterated a “sell” rating and issued a $15.00 price objective on shares of Nationstar Mortgage Holdings in a research note on Thursday, August 3rd.

Several hedge funds and other institutional investors have recently modified their holdings of NSM. SG Americas Securities LLC acquired a new stake in shares of Nationstar Mortgage Holdings during the 1st quarter worth about $103,000. BNP Paribas Arbitrage SA raised its position in shares of Nationstar Mortgage Holdings by 256.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,020 shares of the financial services provider’s stock worth $108,000 after acquiring an additional 4,332 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Nationstar Mortgage Holdings during the 2nd quarter worth about $160,000. Two Sigma Securities LLC acquired a new stake in shares of Nationstar Mortgage Holdings during the 1st quarter worth about $161,000. Finally, Stifel Financial Corp raised its position in shares of Nationstar Mortgage Holdings by 10.5% during the 1st quarter. Stifel Financial Corp now owns 13,125 shares of the financial services provider’s stock worth $207,000 after acquiring an additional 1,245 shares in the last quarter. 98.73% of the stock is currently owned by institutional investors and hedge funds.

Nationstar Mortgage Holdings (NYSE:NSM) traded down 1.32% during mid-day trading on Thursday, hitting $19.47. The company had a trading volume of 1,740,934 shares. The company has a market capitalization of $1.90 billion, a P/E ratio of 8.52 and a beta of 1.37. The company has a 50-day moving average price of $18.43 and a 200 day moving average price of $17.56. Nationstar Mortgage Holdings has a 52-week low of $14.48 and a 52-week high of $20.71.

Nationstar Mortgage Holdings (NYSE:NSM) last announced its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.09. The business had revenue of $380.00 million during the quarter, compared to analysts’ expectations of $506.30 million. Nationstar Mortgage Holdings had a return on equity of 9.64% and a net margin of 10.52%. During the same quarter last year, the business posted $0.52 EPS. On average, analysts forecast that Nationstar Mortgage Holdings will post $1.28 EPS for the current fiscal year.

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About Nationstar Mortgage Holdings

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.

Analyst Recommendations for Nationstar Mortgage Holdings (NYSE:NSM)

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