Nomura Holdings Believes NSM Won’t Stop Here

By Carrie Williams

Nomura Holdings analyst Brock Vandervliet reiterated a Buy rating on Nationstar (NYSE: NSM) today and set a price target of $20. The company’s shares opened today at $17, close to its 52-week high of $17.28.

According to, Vandervliet is a 4-star analyst with an average return of 10.5% and a 84.2% success rate. Vandervliet covers the Financial sector, focusing on stocks such as Chimera Investment Corp., American Capital Agency, and Altisource Residential.

Nationstar has an analyst consensus of Moderate Buy, with a price target consensus of $18.17.

Based on Nationstar’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $535 million and quarterly net profit of $45 million. In comparison, last year the company earned revenue of $397 million and had a GAAP net loss of $66.34 million.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2015, Brett Hawkins, a Director at NSM sold 3,500 shares for a total of $105,350.

Nationstar Mortgage Holdings, Inc. is a non-bank residential mortgage service provider. It operates through the following segments: Servicing, Originations, and Xome. The Servicing segment involves loan administration, payment processing, mortgage escrow account administration, collection of insurance premiums, response to homeowner inquiries, loss mitigation solutions including loan modifications and supervision of foreclosures, and property dispositions on behalf of the owners of the loans. The Originations segment markets mortgage products to existing servicing customers and customers of homebuilders as well as participate in the correspondent market. The Xome segment offers residential real estate services to residential real estate transaction to both consumers and real estate professionals (including brokers and agents) through service offerings. The company was founded on May 9, 2011 and is headquartered in Coppell, TX.