Wall Street analysts predict that Mr. Cooper Group Inc (NASDAQ:COOP) will report $0.54 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Mr. Cooper Group’s earnings, with the highest EPS estimate coming in at $0.61 and the lowest estimate coming in at $0.47. Mr. Cooper Group reported earnings per share of ($0.72) in the same quarter last year, which suggests a positive year-over-year growth rate of 175%. The company is expected to announce its next quarterly earnings report on Thursday, March 7th.

According to Zacks, analysts expect that Mr. Cooper Group will report full-year earnings of $2.00 per share for the current year, with EPS estimates ranging from $1.90 to $2.10. For the next financial year, analysts expect that the company will post earnings of $2.08 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Mr. Cooper Group.

Mr. Cooper Group (NASDAQ:COOP) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.59 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.05. Mr. Cooper Group had a net margin of 183.04% and a return on equity of 160.21%.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Mr. Cooper Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. Barclays raised shares of Mr. Cooper Group from an “underweight” rating to a “hold” rating and set a $18.00 price target for the company in a report on Friday, November 9th. BTIG Research assumed coverage on shares of Mr. Cooper Group in a report on Thursday, November 29th. They issued a “buy” rating and a $21.00 price target for the company. Piper Jaffray Companies raised shares of Mr. Cooper Group from an “underweight” rating to a “neutral” rating in a report on Tuesday, October 30th. Finally, ValuEngine raised shares of Mr. Cooper Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $20.67.

Shares of NASDAQ COOP opened at $14.99 on Friday. Mr. Cooper Group has a twelve month low of $8.88 and a twelve month high of $20.04. The company has a debt-to-equity ratio of 3.45, a current ratio of 2.79 and a quick ratio of 2.79. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 124.92 and a beta of 0.06.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Thompson Siegel & Walmsley LLC acquired a new stake in Mr. Cooper Group during the 3rd quarter worth about $9,534,000. Marshall Wace North America L.P. acquired a new stake in Mr. Cooper Group during the 3rd quarter worth about $2,063,000. Bridgeway Capital Management Inc. acquired a new stake in Mr. Cooper Group during the 3rd quarter worth about $560,000. Strs Ohio acquired a new stake in Mr. Cooper Group during the 4th quarter worth about $701,000. Finally, Regent Investment Management LLC acquired a new stake in Mr. Cooper Group during the 4th quarter worth about $180,000.

Mr. Cooper Group Company Profile

Mr. Cooper Group Inc provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for originated and purchased loans, as well as operates as a subservicer for various clients that own the underlying servicing rights.

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