Mr. Cooper Group(COOP)

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Mr. Cooper Group(COOP) - 2025 Q2 - Quarterly Results
2025-07-23 11:00
Exhibit 99.1 FOR IMMEDIATE RELEASE MR. COOPER GROUP REPORTS SECOND QUARTER 2025 RESULTS Dallas, TX (July 23, 2025) - Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), reported second quarter income before income tax expense of $277 million and net income of $198 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $269 million. Adjustments included other mark-to-market net of hedges of $30 million and other items shown below in the reconciliation ...
Mr. Cooper Group(COOP) - 2025 Q2 - Earnings Call Presentation
2025-07-23 11:00
Mr. CooperGroup® 2Q'25 EARNINGS REVIEW July 23, 2025 IMPORTANT INFORMATION This presentation contains summarized information concerning Mr. Cooper Group Inc. ("Mr. Cooper" or the "Company") and the Company's business, operations, financial performance and trends. No representation is made that the information in this presentation is complete. For additional financial, statistical and business related information, as well as information reqarding business and segment trends, see the Company's most recent Ann ...
All You Need to Know About Mr Cooper (COOP) Rating Upgrade to Buy
ZACKS· 2025-05-15 17:05
Mr Cooper (COOP) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The pow ...
COOP or SLM: Which Is the Better Value Stock Right Now?
ZACKS· 2025-05-15 16:41
Core Insights - Investors in the Financial - Consumer Loans sector should consider Mr Cooper (COOP) and Sallie Mae (SLM) for potential value opportunities [1] Valuation Metrics - Mr Cooper has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to Sallie Mae, which has a Zacks Rank of 3 (Hold) [3] - COOP's forward P/E ratio is 9.61, while SLM's forward P/E is 10.78, suggesting COOP may be undervalued [5] - The PEG ratio for COOP is 0.37, compared to SLM's 0.92, indicating COOP's better valuation relative to its expected earnings growth [5] - COOP's P/B ratio is 1.69, significantly lower than SLM's P/B of 3.28, further supporting COOP's valuation advantage [6] - Based on these metrics, COOP has a Value grade of B, while SLM has a Value grade of C, highlighting COOP as the superior value option [6][7]
Jefferies:美国洞察-你需要了解的信息
2025-05-14 03:09
Summary of Key Points from the Conference Call Industry Overview - **Healthcare Sector**: Anticipation of an Executive Order on drug pricing expected next week, with a probability of over 70% for the implementation of Most Favored Nation (MFN) pricing to reduce the disparity between US and international drug prices [3][9] - **Transportation and Logistics**: Expected reduction in shipments due to tariffs, but supply chain disruptions may provide some offset. Favorable outlook for specific companies like XPO, NSC, and CP, while UPS and SAIA appear oversold [4] Company-Specific Insights - **Alphabet Inc. (GOOGL)**: Notable shift in search dynamics with the first-ever decline in Safari searches, raising concerns about AI search potentially replacing traditional search methods. However, long-term monetization of AI is expected to ramp up [2][27] - **Microsoft Corporation (MSFT)**: Azure reported a 35% year-over-year revenue growth, with a 34% increase in backlog, outperforming Amazon's AWS and Google's GCP. Combined cloud backlog growth of 33% indicates strong core demand despite AI capacity constraints [5][27] - **Tesla, Inc. (TSLA)**: Focus on Robotaxi and affordable model launches, but concerns over tariffs and execution risks contribute to share price volatility [6][27] - **Walmart Inc. (WMT)**: Anticipated Q1 sales are expected to be in line or slightly better, but caution is advised due to product mix and potential impacts on EBIT growth [5][27] - **Capital One Financial Corporation (COF)**: Continued performance exceeding expectations, with FY27 EPS estimates raised to approximately $25. Merger synergies of $2.7 billion expected to phase in from Q2 [7][27] - **MP Materials**: Potential factory closures in the US due to the absence of rare earth magnet flows from China, impacting industries such as aerospace and electric vehicles [7][27] - **GeneDx**: Management confidence in over 30% volume growth for NICU genetic diagnostics this year, with a compelling valuation at 4x projected 2026 revenues [8][27] Market Dynamics - **Quant Strategy**: Increasing EPS risk indicated by Q1 earnings beats and misses, with the Mag 7 model yielding a cumulative long-short return of 10.5% since its launch [2] - **Russell Rebalance**: Notable buy/sell pressure on specific stocks leading into the June 27 rebalance, with BAM, FLUT, and HWM among the top gainers, while SSB and HQY are under pressure [4] Additional Considerations - **Tariffs and Supply Chain**: The impact of tariffs on shipments and the potential for redirected flows to mitigate some negative effects [4] - **AI and Search Trends**: The evolving landscape of search engines and the implications of AI on traditional search methods [2] This summary encapsulates the critical insights and data points from the conference call, providing a comprehensive overview of the current state of the healthcare and technology sectors, along with specific company performances and market dynamics.
Rocket Companies(RKT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:32
Rocket Companies (RKT) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Sharon Ng - VP of IRVarun Krishna - Chief Executive OfficerBrian Brown - CFO & TreasurerRyan Nash - Managing Director - Regional Banks & Consumer FinanceMark Devries - DirectorBose George - Managing DirectorJeff Adelson - Executive Director Conference Call Participants Douglas Harter - Equity Research AnalystMihir Bhatia - Equity Research Analyst Operator Thank you for standing by, and welcome to The Rocket Company's ...
Mr. Cooper Group(COOP) - 2025 Q1 - Earnings Call Transcript
2025-04-25 15:45
Financial Data and Key Metrics Changes - The company reported a return on tangible common equity (ROTCE) of 16.8%, an increase from 15.8% in the previous quarter, reflecting the benefits from the Flagstar acquisition [8] - Net income for the quarter was $88 million, which included $255 million in pretax operating earnings offset by an $82 million negative mark on mortgage servicing rights (MSR) [28][30] - The capital ratio stood at 25.5%, indicating a strong balance sheet, with liquidity increasing to $3.9 billion [10][35] Business Line Data and Key Metrics Changes - The servicing segment generated pretax income of $332 million, up 22% year over year, attributed to slower than expected conditional prepayment rates (CPR) and lower amortization [15] - Originations produced $53 million in earnings before tax (EBT), slightly above guidance, with strong volumes in the correspondent channel [20] - Home equity loans and cash-out refinances showed significant growth, with cash-outs making up 46% of volume, up from 39% in the previous quarter [22] Market Data and Key Metrics Changes - The total portfolio decreased slightly to $1.5 trillion, with over 6.4 million customers, while the subservicing portfolio grew organically by 2% quarter over quarter [18][19] - The company closed approximately $7 billion in bulk acquisitions, indicating strong activity in the correspondent channel [20] Company Strategy and Development Direction - The pending combination with Rocket aims to create a scaled homeownership experience, leveraging technology and AI to enhance customer experience [4][5] - The integration of Flagstar is on schedule, with onboarding of new customers and team members completed [11][16] - The focus on operational excellence and customer trust is emphasized as a key driver for long-term growth [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the potential for growth in home equity loans and cash-out refinances regardless of interest rate fluctuations [13][22] - The company is well-positioned to manage potential adverse market conditions, with strong asset quality and low delinquency rates [32][34] Other Important Information - The company incurred $26 million in transaction and transition charges related to the Flagstar integration and an additional $33 million charge for legal fees [29] - The hedge gains amounted to $209 million, contributing to stable and predictable results [31] - The company does not expect to repurchase stock prior to the closing of the Rocket transaction, anticipated in the fourth quarter of 2025 [37] Summary of Q&A Session - No questions were taken during the call due to the pending combination with Rocket, as stated by management [3]
Mr. Cooper Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2025-04-24 15:40
Mr. Cooper Group Inc. (COOP) reported first-quarter 2025 adjusted earnings per share of $2.97, which beat the Zacks Consensus Estimate by 5.7%. The bottom line rose 30.3% year over year.Solid improvements in the Servicing and Originations segments were major tailwinds for the company in the fourth quarter. However, a decline in revenues and an increase in expenses were spoilsports.Net income of $88 million in the first quarter declined significantly from $181 million a year ago.COOP’s Revenues & ExpensesMr. ...
Mr. Cooper Group(COOP) - 2025 Q1 - Quarterly Report
2025-04-23 20:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________________________________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-14667 Mr. Cooper ...
Mr Cooper (COOP) Beats Q1 Earnings Estimates
ZACKS· 2025-04-23 13:15
Mr Cooper (COOP) came out with quarterly earnings of $2.97 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.69%. A quarter ago, it was expected that this reinsurance company would post earnings of $2.58 per share when it actually produced earnings of $2.73, delivering a surprise of 5.81%.Over the last four quarters, the comp ...