Nationstar Mortgage Holdings Inc (NSM): Today's Featured Real Estate Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.7%. By the end of trading, Nationstar Mortgage Holdings fell $0.56 (-1.9%) to $29.22 on light volume. Throughout the day, 878,944 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1,386,800 shares. The stock ranged in price between $29.21-$30.22 after having opened the day at $29.66 as compared to the previous trading day's close of $29.78. Other companies within the Real Estate industry that declined today were: Gaming and Leisure Properties ( GLPI), down 23.6%, America First Multifamily Investors ( ATAX), down 7.6%, Elbit Imaging ( EMITF), down 5.6% and Optibase ( OBAS), down 5.2%.

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 $2.7 billion and is part of the financial sector. The company has a P/E ratio of 8.1, below the S&P 500 P/E ratio of 17.7. Shares are down 19.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, Zillow ( Z), up 8.3%, E-House China Holdings ( EJ), up 7.1%, J.W. Mays ( MAYS), up 5.5% and Impac Mortgage Holdings ( IMH), up 5.3% , were all gainers within the real estate industry with American Tower ( AMT) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

More from Markets

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists