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New York, NY -- (SBWIRE) -- 03/20/2013 -- StockRunway.com issues special report on the Down trending Mortgage Service Providers – Walter Investment Management Corp(NYSE:WAC), Nationstar Mortgage Holdings Inc (NYSE:NSM), Home Loan Servicing Solutions Ltd(NASDAQ:HLSS)
Walter Investment Management Corp(NYSE:WAC) dropped -20.70% with the closing price of $32.98 after its fourth quarter GAAP net loss increased to $34.1 million or $0.98 per share as compared to $3.9 million or $0.14 per share in the year-earlier period.
Core profit for the quarter was $22.5 million after taxes or $0.64 per share, higher as compared to $16.1 million or $0.56 per share in the corresponding quarter last year. Revenue for the period advanced to $176.4 million from $155.9 million reported a year earlier. Analysts surveyed by Thomson Reuters were looking for EPS of $0.68 on revenues of $166.8 million for the quarter.
Will WAC Get Buyers Even After The Recent Rally? Find Out Here
The overall volume in the last trading session was 9.40 million shares. Its fifty two week range was $17.87-$49.99. The total market capitalization remained $1.18 billion. The stock is ahead its 52 week low with 84.56% and its last month price volatility remained 5.22%. Its beta coefficient was 1.18 with a target price of $53.57. In its share capital, the company has 35.76 million outstanding shares while 28.07 million shares have been floated in market.
It has insider ownership of 2.84%. Its current year earnings per share slipped with -282.15% while the five year EPS growth rate was -48.99%.
Nationstar Mortgage Holdings Inc (NYSE:NSM) shares went 6.83% down and closed at $34.80 in the last trading session. Analysts at Wells Fargo are of a view that the sell-off is overdone. Analyst Joel Houck said that the distress surrounds accelerated portfolio runoff. The rating firm suggests that NSM's portfolio runoff is more measured in the midteens and its recapture rates remain strong to capture much of their runoff and thus should help to alleviate that concern.
Its overall traded volume was 4.77 million shares. The stock’s opening price was $37.42, hitting the day high price of $37.67 and day low of $33.58. NSM has earnings per share of 2.38 and its price to earnings ratio was 14.62. The company has 4.61% returns on assets, 39.52% returns on equity and its return on investments is 5.21%.
Has NSM Found The Bottom and Ready To Move Up? Find Out Here
Home Loan Servicing Solutions Ltd(NASDAQ:HLSS) moved down -2.93% to close at $23.20 and its total volume in the last trading session was 1.65 million shares. In last 52 weeks, high hit was $24.09 and low price in that period was $13.18.
The company has outstanding shares of 56.86million with the total market cap of $1.32 billion. It has current ratio of 258.70 and its debt-to-equity ratio is 3.06.
Has HLSS Found The Bottom And Ready To Gain Momentum? Find Out Here
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