Last $32.18 USD
Change Today -0.29 / -0.89%
Volume 455.1K
NSM On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

nationstar mortgage holdings (NSM) Snapshot

Open
$32.39
Previous Close
$32.47
Day High
$33.14
Day Low
$32.16
52 Week High
09/19/13 - $57.95
52 Week Low
02/6/14 - $24.50
Market Cap
2.9B
Average Volume 10 Days
992.2K
EPS TTM
$2.51
Shares Outstanding
90.3M
EX-Date
--
P/E TM
12.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for NATIONSTAR MORTGAGE HOLDINGS (NSM)

nationstar mortgage holdings (NSM) Related Businessweek News

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nationstar mortgage holdings (NSM) Details

Nationstar Mortgage Holdings Inc. provides residential mortgage loan services in the United States. The company operates in two segments, Servicing and Originations. The Servicing segment is involved in the calculation, collection, and remittance of principal and interest payments; administration of mortgage escrow accounts; collection of insurance claims; administration of foreclosure procedures; management of real estate owned (REO); and disbursement of required protective advances. The Originations segment is involved in the origination, packaging, and sale of government-sponsored enterprises mortgage loans into the secondary markets. It also provides a servicing portfolio retention source by providing refinancing services to its existing servicing customers; an organic source of servicing assets; and a loss mitigation solution for its servicing clients and customers by offering refinancing options to borrowers allowing them to lower their monthly. The company also offers ancillary services, such as providing services for delinquent loans; managing loans in the foreclosure/REO process; and providing title insurance, agency, loan settlement, and valuation services on newly originated and re-originated loans. Nationstar Mortgage Holdings Inc. was founded in 1994 and is headquartered in Lewisville, Texas.

6,984 Employees
Last Reported Date: 02/28/14
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: $550.0K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $455.0K
Chief Strategy & External Affairs Officer and...
Total Annual Compensation: $400.0K
Executive Vice President of Portfolio Managem...
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2013.

nationstar mortgage holdings (NSM) Key Developments

Nationstar Mortgage Holdings Inc. Announces Management Changes

Nationstar Mortgage Holdings Inc. appointed David Hisey as chief strategy and external affairs officer; and Robert Stiles as CFO. To maximize the company's ability to capture future growth opportunities, David Hisey, Nationstar's current CFO, will be assuming the newly created position of Chief Strategy and External Affairs Officer. Mr. Hisey will lead several key departments that have been aligned to develop and drive implementation of the company's strategic plans and external relations efforts. Those departments include Corporate Strategy & Development, Customer Relations, Government, Agency & Industry Relations, Compliance, and Corporate Communication. Prior to joining Nationstar, Mr. Hisey held various executive roles at Fannie Mae, including Deputy CFO, during his seven year tenure. Robert Stiles will expand his responsibilities and assume the CFO role at Nationstar. Mr. Stiles is the current CFO of Solutionstar. Previously, Mr. Stiles served as the CFO for Altisource Portfolio Solutions.

Nationstar Mortgage Holdings Inc. Announces Appointments

On April 2, 2014, Nationstar Mortgage Holdings Inc. announced two new leadership appointments that will leverage the strengths of its executive team to support the strategic expansion of the company's platform and service offering to all stakeholders. The company appointed David Hisey to Chief Strategy and External Affairs Officer. To maximize the company's ability to capture future growth opportunities, David Hisey, who has served as Executive Vice President and Chief Financial Officer since February 2012, will be assuming the newly-created position of Chief Strategy and External Affairs Officer. Mr. Hisey will lead several key departments that have been aligned to develop and drive implementation of the Company's strategic plans and external relations efforts. The company also appointed Robert Stiles to Chief Financial Officer. Robert Stiles will expand his responsibilities and assume the Chief Financial Officer role at the Company. Mr. Stiles, 42, has served as the Chief Financial Officer of Solutionstar Holdings LLC.

Nationstar Mortgage Holdings Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings Guidance for Fiscal 2014

Nationstar Mortgage Holdings Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported total revenues of $420,420,000 against $332,614,000 a year ago. Loss before taxes was $85,940,000 against Income before taxes of $94,416,000 a year ago. Net loss was $50,907,000 or $0.56 per diluted share against net income of $63,759,000 or $0.71 per diluted share a year ago. Adjusted net loss from operating segments was $67,531,000 against adjusted net income from operating segments of $96,605,000 a year ago. Adjusted EBITDA was $25,027,000 or $0.28 earnings per share against $154,960,000 or $1.72 earnings per share a year ago. For the year 2013, the company reported total revenues of $2,086,985,000 against $984,315,000 a year ago. Income before taxes was $346,254,000 against $276,583,000 a year ago. Net income was $217,054,000 or $2.40 per diluted share against $205,287,000 or $2.40 per diluted share a year ago. Adjusted net income from operating segments was $391,502,000 against $297,066,000 a year ago. Adjusted EBITDA was $616,620,000 or $6.83 earnings per share against $456,439,000 or $5.34 earnings per share a year ago. Return on equity was 25%. The company provided earnings guidance for fiscal 2014. For the period, the company expects adjusted EBITDA per share to be $13.50 to $15.00, earnings per share to be $4.50 to $6.00.

 

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NSM Competitors

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Company Last Change
Flagstar Bancorp Inc $20.39 USD +0.24
Home Loan Servicing Solutions Ltd $22.15 USD +0.62
Ocwen Financial Corp $39.01 USD -0.20
PHH Corp $24.39 USD +0.05
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NSM

Industry Average

Valuation NSM Industry Range
Price/Earnings 13.5x
Price/Sales 1.9x
Price/Book 2.9x
Price/Cash Flow 13.5x
TEV/Sales NM Not Meaningful
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