Exhibit 99.1 1 oper Gro FOR IMMEDIATE RELEASE MR. COOPER GROUP REPORTS THIRD QUARTER 2024 RESULTS • Reported net income of $80 million including other mark-to-market of ($126) million, equivalent to ROCE of 6.9% and operating ROTCE of 16.8% • Book value per share and tangible book value per share increased to $72.49 and $69.93 • Servicing portfolio grew 32% y/y to $1,239 billion • Repurchased 0.5 million shares of common stock for $46 million • Issued $750 million senior notes priced at 6.5% • Certified as ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 9th: Silvercorp Metals (SVM) This company which is engaged in the acquisition, exploration, development, and mining of precious and base metal mineral properties in the Peoples Republic of China, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.0% over the last 60 days. Silvercorp Metals' shares gained 31.9% over the last thre ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 12: Mr. Cooper Group Inc. (COOP) : This mortgage servicing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days. Mr. Cooper Group has a price-to-earnings ratio (P/E) of 8.82 compared with 11.80 for the industry. The company possesses a Value Score of B. MPLX LP (MPLX) : This midstream energy company carr ...

Mr Cooper (COOP) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a c ...

Investors in Mr. Cooper Group Inc. (COOP) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $40 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...

Mr. Cooper Group Inc.(COOP) shares moved upward for two straight days after it reported strong secondquarter 2024 results on Jul 25, 2024, before the opening bell. Since then, the stock has significantly fallen back. Nevertheless, shares of COOP have jumped 30.8% in the year-to-date period, outperforming the industry's 5.9% growth and the S&P 500 Index's 9.2% gain. Image Source: Zacks Investment Research Solid growth in Servicing and Originations units were major tailwinds for the company in the second quar ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Mr Cooper (COOP) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the ...

Mr. Cooper Group Inc. (NASDAQ:COOP) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Ken Posner - Senior Vice President, Strategic Planning & Investor Relations Jay Bray - Chairman & Chief Executive Officer Mike Weinbach - President Kurt Johnson - Executive Vice President & Chief Financial Officer Conference Call Participants Terry Ma - Barclays Mark DeVries - Deutsche Bank Bose George - KBW Crispin Love - Piper Sandler Doug Harter - UBS Shanna Qiu - Barclays Eric Hagen - BTI ...