Somewhat Positive Press Coverage Somewhat Unlikely to Affect Nationstar Mortgage Holdings (NSM) Stock Price
Press coverage about Nationstar Mortgage Holdings (NYSE:NSM) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nationstar Mortgage Holdings earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.9881623229625 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Noteworthy Friday Option Activity: DFRG, NSM, UBNT (marketnewsvideo.com)
- New Residential Mortgage Loan Trust 2017-6 — Moody’s assigns definitive ratings to RMBS issued by New Residential Mortgage Loan Trust 2017-6 (finance.yahoo.com)
- Investment in Nationstar Mortgage Holdings Inc. (NSM) could prove to be a Good? – Street Observer (press release) (streetobserver.com)
- Northern Sphere Mining Corp. assays 344 grams Silver in addition to elevated Copper, Nickel, Cobalt and Zinc from soil Geochem Survey at its Arizona Property (finance.yahoo.com)
- Contrasting Nationstar Mortgage Holdings (NSM) & Marcus & Millichap (MMI) (americanbankingnews.com)
Several research firms recently commented on NSM. BidaskClub lowered shares of Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Piper Jaffray Companies reiterated a “sell” rating and issued a $15.00 target price on shares of Nationstar Mortgage Holdings in a research report on Thursday, August 3rd. ValuEngine raised shares of Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 26th. TheStreet raised shares of Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a research note on Monday, June 26th. Finally, Zacks Investment Research downgraded shares of Nationstar Mortgage Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. 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 issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $18.50.
Shares of Nationstar Mortgage Holdings (NYSE NSM) traded up 6.17% during midday trading on Friday, hitting $19.62. 1,219,385 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $17.60 and its 200 day moving average price is $17.26. The firm has a market cap of $1.92 billion, a PE ratio of 8.58 and a beta of 1.38. Nationstar Mortgage Holdings has a one year low of $14.24 and a one year high of $19.83.
Nationstar Mortgage Holdings (NYSE:NSM) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09. Nationstar Mortgage Holdings had a return on equity of 9.64% and a net margin of 10.52%. The firm had revenue of $380.00 million for the quarter, compared to analysts’ expectations of $506.30 million. During the same period in the prior year, the business posted $0.52 earnings per share. Equities research analysts forecast that Nationstar Mortgage Holdings will post $1.28 EPS 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.
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