The Very Favorable News Coverage Extremely Likely to Impact Nationstar Mortgage Holdings (NSM) Share Price

The Very Favorable News Coverage Extremely Likely to Impact Nationstar Mortgage Holdings (NSM) Share Price

Here are some of the news stories that may have effected Alpha One’s rankings:

Media coverage about Nationstar Mortgage Holdings (NYSE:NSM) has been trending very positive recently, according to Alpha One Sentiment. The research group, a unit of Accern, identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Nationstar Mortgage Holdings earned a news sentiment score of 0.53 on Alpha One’s scale. Alpha One also gave news articles about the financial services provider an impact score of 91 out of 100, meaning that recent news coverage is extremely likely to have an impact on the company’s share price in the next several days.

NSM has been the subject of several recent research reports. Zacks Investment Research downgraded Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, May 6th. Barclays PLC downgraded Nationstar Mortgage Holdings from an “equal weight” rating to an “underweight” rating and set a $15.00 price objective for the company. in a research note on Thursday, February 23rd. Compass Point raised Nationstar Mortgage Holdings from a “sell” rating to a “neutral” rating in a research note on Tuesday, April 4th. Piper Jaffray Companies dropped their target price on Nationstar Mortgage Holdings from $15.00 to $14.50 and set an “underweight” rating for the company in a report on Wednesday, March 22nd. Finally, Wedbush initiated coverage on Nationstar Mortgage Holdings in a report on Monday, March 27th. They issued an “outperform” rating and a $19.00 target price for the company. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Nationstar Mortgage Holdings presently has a consensus rating of “Hold” and an average price target of $17.86. Nationstar Mortgage Holdings (NYSE NSM) opened at 16.78 on Monday. The stock’s 50 day moving average price is $16.77 and its 200-day moving average price is $17.37. Nationstar Mortgage Holdings has a 12-month low of $10.19 and a 12-month high of $19.83. The stock has a market capitalization of $1.64 billion, a PE ratio of 10.92 and a beta of 0.90.

Nationstar Mortgage Holdings (NYSE:NSM) last posted its earnings results on Thursday, May 4th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by $0.03. The firm had revenue of $427 million during the quarter, compared to the consensus estimate of $455.18 million. Nationstar Mortgage Holdings had a negative net margin of 5.80% and a positive return on equity of 10.50%. The business’s revenue was up 61.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 EPS. Analysts expect that Nationstar Mortgage Holdings will post $1.28 earnings per share for the current year. In other Nationstar Mortgage Holdings news, Director Michael D. Malone bought 30,000 shares of the stock in a transaction on Wednesday, March 29th. The stock was purchased at an average price of $15.95 per share, with a total value of $478,500.00. Following the acquisition, the director now owns 66,059 shares of the company’s stock, valued at $1,053,641.05. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 67.20% of the company’s stock.

Nationstar Mortgage Holdings (NYSE:NSM) last posted its earnings results on Thursday, May 4th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by $0.03. The firm had revenue of $427 million during the quarter, compared to the consensus estimate of $455.18 million. Nationstar Mortgage Holdings had a negative net margin of 5.80% and a positive return on equity of 10.50%. The business’s revenue was up 61.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 EPS. Analysts expect that Nationstar Mortgage Holdings will post $1.28 earnings per share for the current year. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NSM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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