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Shares of Nationstar Mortgage Holdings (NYSE:NSM) have earned a consensus rating of “Hold” from the twelve brokerages that are presently covering the stock, AnalystRatingsNetwork reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $42.63.

NSM has been the subject of a number of recent research reports. Analysts at Wells Fargo & Co. downgraded shares of Nationstar Mortgage Holdings from a “market perform” rating to an “underperform” rating in a research note on Wednesday, July 16th. Separately, analysts at Zacks upgraded shares of Nationstar Mortgage Holdings from an “underperform” rating to a “neutral” rating in a research note on Thursday, June 12th. They now have a $38.00 price target on the stock. Finally, analysts at Jefferies Group downgraded shares of Nationstar Mortgage Holdings from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. They now have a $32.00 price target on the stock, down previously from $42.00.

Shares of Nationstar Mortgage Holdings (NYSE:NSM) opened at 30.05 on Monday. Nationstar Mortgage Holdings has a 1-year low of $24.50 and a 1-year high of $57.95. The stock has a 50-day moving average of $34.4 and a 200-day moving average of $32.08. The company has a market cap of $2.664 billion and a P/E ratio of 15.25.

Nationstar Mortgage Holdings (NYSE:NSM) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.72 by $0.19. The company had revenue of $469.64 million for the quarter, compared to the consensus estimate of $369.92 million. During the same quarter in the prior year, the company posted $0.85 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, analysts predict that Nationstar Mortgage Holdings will post $3.34 earnings per share for the current fiscal year.

Nationstar Mortgage Holdings Inc is a non-bank residential mortgage servicer with a range of services across the residential mortgage product spectrum.

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