Mr. Cooper Group (NASDAQ:COOP – Get Free Report) will be issuing its quarterly earnings data before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $2.07 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Mr. Cooper Group (NASDAQ:COOP – Get Free Report) last posted its earnings results on Friday, February 9th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.34. The business had revenue of $404.00 million for the quarter, compared to analyst estimates of $398.31 million. Mr. Cooper Group had a net margin of 27.87% and a return on equity of 12.01%. On average, analysts expect Mr. Cooper Group to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Mr. Cooper Group Price Performance
NASDAQ COOP opened at $78.06 on Tuesday. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 10.63 and a beta of 1.38. The company’s fifty day moving average is $74.58 and its two-hundred day moving average is $66.11. Mr. Cooper Group has a 52-week low of $41.74 and a 52-week high of $78.62.
Insider Transactions at Mr. Cooper Group
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Barclays raised their price target on shares of Mr. Cooper Group from $80.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 9th. Jefferies Financial Group raised their price target on shares of Mr. Cooper Group from $74.00 to $80.00 and gave the stock a “hold” rating in a research report on Friday. Wedbush raised their price target on shares of Mr. Cooper Group from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. Keefe, Bruyette & Woods raised their price target on shares of Mr. Cooper Group from $83.00 to $86.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 9th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Mr. Cooper Group in a research report on Wednesday, January 10th. They issued a “buy” rating and a $88.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Mr. Cooper Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.67.
Check Out Our Latest Research Report on COOP
About Mr. Cooper Group
Mr. Cooper Group Inc engages in non-banking services for mortgage loans the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans.
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