Nationstar Mortgage Holdings (NSM) : The consensus price target for Nationstar Mortgage Holdings (NSM) is $13.88 for the short term with a standard deviation of $2.9. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $10.
Nationstar Mortgage Holdings (NSM) : 5 analysts are covering Nationstar Mortgage Holdings (NSM) and their average rating on the stock is 2.6, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Equity Analysts at the Barclays maintains the rating on Nationstar Mortgage Holdings (NYSE:NSM). The brokerage firm has issued a Equal-weight rating on the shares. The Analysts at the ratings agency raises the price target from $12 per share to $14 per share. The rating by the firm was issued on August 4, 2016.
Nationstar Mortgage Holdings (NYSE:NSM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.97 and $15.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.07, notching a gain of 1.20% for the day. The total traded volume was 456,381 . The stock had closed at $15.88 on the previous day.
Nationstar Mortgage Holdings Inc. (Nationstar) is a real estate services company engaged in delivery of servicing, origination and transaction-based services to single-family residences throughout the United States. Its segments are: Servicing, Originations and Solutionstar. The Company provides residential mortgage servicers in the United States conducting operations through its Nationstar Mortgage and Champion Mortgage brands. Solutionstar is the Companys technology and services segment, which provides technology and data solutions to homebuyers, home sellers, real estate agents and companies that engage in the origination and servicing of loans. It caters to homeowners, homebuyers and home sellers.