Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $26.10 USD
Change Today +0.39 / 1.52%
Volume 337.8K
NSM On Other Exchanges
Symbol
Exchange
New York
Munich
As of 11:06 AM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

nationstar mortgage holdings (NSM) Snapshot

Open
$25.72
Previous Close
$25.10
Day High
$26.12
Day Low
$25.48
52 Week High
06/6/14 - $37.95
52 Week Low
01/13/15 - $22.94
Market Cap
2.4B
Average Volume 10 Days
648.9K
EPS TTM
$2.69
Shares Outstanding
92.0M
EX-Date
--
P/E TM
9.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for NATIONSTAR MORTGAGE HOLDINGS (NSM)

nationstar mortgage holdings (NSM) Related Businessweek News

View More BusinessWeek News

nationstar mortgage holdings (NSM) Details

Nationstar Mortgage Holdings Inc. provides servicing, origination, and transaction based services to single-family residences in the United States. It operates in three segments: Servicing, Originations, and Solutionstar. The Servicing segment offers residential mortgage services, such as loan administration, payment processing, mortgage escrow account administration, collection of insurance premiums, and response to homeowner inquiries, as well as loss mitigation solutions, including loan modifications and supervision of foreclosures and property dispositions on behalf of the owners of the loans. The Originations segment originates conventional residential mortgage loans under the Greenlight Financial Services and Nationstar brands. This segment primarily market mortgage products to existing servicing customers and customers of homebuilders, as well as participate in the correspondent market. The Solutionstar segment provides technology and data solutions to homebuyers, home sellers, real estate agents, and companies engaged in the origination and/or servicing of mortgage loans. This segment, through its real estate market portal HomeSearch.com, offers real estate exchange services; and real estate services comprising title and escrow, collateral valuation, and asset management services. The company serves homeowners, homebuyers, home sellers, investors, real estate agents. Nationstar Mortgage Holdings Inc. was founded in 1994 and is headquartered in Coppell, Texas.

5,500 Employees
Last Reported Date: 02/27/15
Founded in 1994

nationstar mortgage holdings (NSM) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $450.0K
President and Chief Operating Officer
Total Annual Compensation: $450.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $349.0K
Chief Executive Officer of Solutionstar Holdi...
Total Annual Compensation: $57.7K
Chief Strategy & External Affairs Officer and...
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

nationstar mortgage holdings (NSM) Key Developments

Nationstar Mortgage Seeks Acquisitions

Nationstar Mortgage Holdings Inc. (NYSE:NSM) is seeking acquisitions. Nationstar priced 17.5 million shares of its common stock in an underwritten public offering for gross proceeds of approximately $500 million. Nationstar also granted the underwriters a 30 day option to purchase up to an additional 2.6 million shares of its common stock. Nationstar intends to use the net proceeds from this offering for general corporate purposes, which may include future acquisitions, transfers of servicing portfolios, funding of advances and repayment of obligations, including corporate indebtedness.

Nationstar Mortgage Seeks Acquisitions

Nationstar Mortgage Holdings Inc. (NYSE:NSM) intends to use the net proceeds from the offering of 17.5 million shares of its common stock, subject to the successful completion, for general corporate purposes, which may include future acquisitions, transfers of servicing portfolios, funding of advances and repayment of obligations, including corporate indebtedness.

Nationstar Mortgage Holdings Inc. Reports Un-Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Nationstar Mortgage Holdings Inc. reported un-audited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net income attributable to the company of $19 million, or $0.21 per diluted share, down from $111.2 million or $1.22 per share in the third quarter. Excluding a deferred tax allowance released in the third quarter, net income was $68 million, or $0.75 per share. GAAP EPS in the quarter was down principally due to a $46 million non-cash MSR mark-to-market adjustment and increased amortization in servicing segment. Core EPS for the quarter was $0.58, down from $0.80 in the third quarter. Core EPS was down principally related to increased amortization and higher servicing expenses in the quarter. The company reported total revenues of $449.4 million compared to $504.3 million, income before taxes of $32.0 million compared to $109.6 million and operating cash flow of $118 million compared to $121 million in third quarter of 2014. For the year, net income attributable to the company was $220.7 million, or $2.45 per diluted share, up from $217.1 million, or $2.40 per diluted share for full-year 2013. The company generated core EPS of $2.86 per share, up 61% from 2013, due to greater earnings contribution from core operations versus increases in the fair value of mortgage servicing rights. The company reported total revenues of $1,973.1 million compared to $2,086.99 million, income before taxes of $285.9 million compared to $346.3 million and operating cash flow of $363 million compared to $35 million in 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NSM:US $26.10 USD +0.39

NSM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Flagstar Bancorp Inc $17.32 USD +0.16
Ocwen Financial Corp $10.65 USD +0.39
PennyMac Financial Services Inc $18.40 USD +0.04
PHH Corp $25.38 USD +0.224
Walter Investment Management Corp $17.98 USD +0.39
View Industry Companies
 

Industry Analysis

NSM

Industry Average

Valuation NSM Industry Range
Price/Earnings 10.5x
Price/Sales 1.6x
Price/Book 1.9x
Price/Cash Flow 10.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NATIONSTAR MORTGAGE HOLDINGS, please visit www.nationstarholdings.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.