Research Analysts Set Expectations for Nationstar Mortgage Holdings Inc’s Q1 2018 Earnings (NSM)

Nationstar Mortgage Holdings Inc (NYSE:NSM) – Investment analysts at Wedbush issued their Q1 2018 earnings per share (EPS) estimates for Nationstar Mortgage in a research note issued on Tuesday. Wedbush analyst H. Coffey forecasts 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.

Other equities analysts have also issued research reports about the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $20.00 price target on shares of Nationstar Mortgage in a research note on Thursday, October 26th. Zacks Investment Research lowered Nationstar Mortgage from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $18.00 price target on shares of Nationstar Mortgage in a research note on Thursday, January 11th. Finally, ValuEngine raised Nationstar Mortgage from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $18.28.

Nationstar Mortgage (NSM) opened at $17.01 on Thursday. Nationstar Mortgage has a 12 month low of $14.67 and a 12 month high of $20.71. The company has a market capitalization of $1,625.21, a price-to-earnings ratio of 10.87 and a beta of 1.22. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 6.26.

Hedge funds have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC purchased a new stake in shares of Nationstar Mortgage in the 2nd quarter valued at $160,000. Engineers Gate Manager LP purchased a new stake in shares of Nationstar Mortgage in the 3rd quarter valued at $227,000. Ramsey Quantitative Systems purchased a new stake in shares of Nationstar Mortgage in the 4th quarter valued at $230,000. Paloma Partners Management Co purchased a new stake in shares of Nationstar Mortgage in the 4th quarter valued at $297,000. Finally, Voya Investment Management LLC raised its holdings in shares of Nationstar Mortgage by 14.7% in the 2nd quarter. Voya Investment Management LLC now owns 16,775 shares of the financial services provider’s stock valued at $300,000 after buying an additional 2,156 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

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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.

Earnings History and Estimates for Nationstar Mortgage (NYSE:NSM)

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