Nationstar Mortgage Holdings Inc. (NSM) Scheduled to Post Earnings on Tuesday
Nationstar Mortgage Holdings Inc. (NYSE:NSM) will release its earnings data before the market opens on Tuesday, October 31st.
Nationstar Mortgage Holdings (NYSE:NSM) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.09. Nationstar Mortgage Holdings had a net margin of 10.52% and a return on equity of 9.64%. The firm had revenue of $380.00 million during the quarter, compared to the consensus estimate of $506.30 million. During the same quarter in the prior year, the firm earned $0.52 earnings per share. On average, analysts expect Nationstar Mortgage Holdings to post $1.38 EPS for the current fiscal year and $1.75 EPS for the next fiscal year.
Shares of Nationstar Mortgage Holdings Inc. (NYSE NSM) traded up 1.32% during midday trading on Tuesday, reaching $19.22. 116,319 shares of the company’s stock traded hands. Nationstar Mortgage Holdings Inc. has a 52-week low of $14.48 and a 52-week high of $20.71. The stock has a market cap of $1.88 billion, a P/E ratio of 8.41 and a beta of 1.37. The stock has a 50-day moving average price of $18.03 and a 200-day moving average price of $17.44.
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A number of research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods restated a “hold” rating and issued a $20.00 price target on shares of Nationstar Mortgage Holdings in a research report on Thursday, September 14th. BidaskClub upgraded shares of Nationstar Mortgage Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. TheStreet upgraded shares of Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a research note on Monday, June 26th. Zacks Investment Research lowered shares of Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research note on Friday. Finally, ValuEngine upgraded shares of Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 26th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Nationstar Mortgage Holdings has a consensus rating of “Hold” and an average price target of $18.50.
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.
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