Somewhat Positive Press Coverage Somewhat Unlikely to Affect Nationstar Mortgage Holdings (NSM) Share Price
News articles about Nationstar Mortgage Holdings (NYSE:NSM) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nationstar Mortgage Holdings earned a news impact score of 0.11 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.4570978699918 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Nationstar Mortgage Holdings (NYSE:NSM) traded up 1.58% during trading on Friday, reaching $17.37. The company had a trading volume of 596,584 shares. The company has a 50 day moving average price of $17.06 and a 200 day moving average price of $17.05. The company has a market capitalization of $1.70 billion, a PE ratio of 7.60 and a beta of 1.43. Nationstar Mortgage Holdings has a 52-week low of $14.05 and a 52-week high of $19.83.
Nationstar Mortgage Holdings (NYSE:NSM) last released 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. The firm had revenue of $380.00 million for 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 in the previous year, the business posted $0.52 EPS. On average, equities analysts forecast that Nationstar Mortgage Holdings will post $1.28 EPS for the current fiscal year.
A number of analysts have recently issued reports on NSM shares. ValuEngine raised shares of Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Zacks Investment Research raised shares of Nationstar Mortgage Holdings from a “sell” rating to a “buy” rating and set a $20.00 price target for the company in a research report on Thursday, July 20th. TheStreet raised shares of Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a research report on Monday, June 26th. BidaskClub lowered shares of Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $20.00 price target on shares of Nationstar Mortgage Holdings in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Nationstar Mortgage Holdings has an average 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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