Nationstar Mortgage Holdings Inc (NSM): Real Estate's Highlighted Dud Of The Day

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Nationstar Mortgage Holdings ( NSM) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Nationstar Mortgage Holdings fell 57 cents (-1.6%) to $35.91 on light volume. Throughout the day, 602,500 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $35.29-$36.33 after having opened the day at $36.23 as compared to the previous trading day's close of $36.48. Other companies within the Real Estate industry that declined today were: Homex Development ( HXM), down 10.8%, Medical Properties ( MPW), down 7.4%, China Housing & Land Development ( CHLN), down 4.7%, and BRASILAGRO - CIA Bras de Prop Agricolas ( LND), down 4%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Nationstar Mortgage Holdings Inc. operates as a residential mortgage loan servicer in the United States. It operates in two segments, Servicing and Originations. Nationstar Mortgage Holdings has a market cap of $3.15 billion and is part of the financial sector. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a sell. The area that we feel has been the company's primary weakness has been its unimpressive growth in net income.

On the positive front, Altis Resident ( RESI), up 30.5%, Institutional Financial Markets ( IFMI), up 10.9%, Alto Palermo ( APSA), up 5.3%, and Inland Real Estate Corporation ( IRC), up 4.3%, were all gainers within the real estate industry with HCP ( HCP) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec