Mr. Cooper Group(COOP)

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Mr. Cooper Group(COOP) - 2024 Q2 - Earnings Call Presentation
2024-07-25 18:24
▪ Closing anticipated in 4Q'24, subject to regulatory and other customary approvals 411 412 459 528 588 631 676 753 442 421 380 361 359 456 481 760 17 19 43 48 45 49 49 49 $870 $853 $882 $937 $992 $1,136 $1,206 $1,562 4Q'22 1Q'23 2Q'23 3Q'23 4Q'23 1Q'24 2Q'24 2Q'24 Pro Forma Servicing Portfolio +79% (UPB in $ bn's) Special Servicing +187% Subservicing +72% Owned MSR +83% ⁽¹⁾ 5 | Flagstar acquisition adds: • $77 bn UPB of owned MSRs • $279 bn UPB of subservicing Pro forma, portfolio consists of 52% subservic ...
Mr. Cooper Group(COOP) - 2024 Q2 - Quarterly Results
2024-07-25 11:00
Exhibit 99.1 FOR IMMEDIATE RELEASE MR. COOPER GROUP REPORTS SECOND QUARTER 2024 RESULTS AND ANNOUNCES ACQUISITION OF MORTGAGE OPERATIONS FROM FLAGSTAR Dallas, TX (July 25, 2024) - Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), reported second quarter income before income tax expense of $277 million and net income of $204 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $219 million. Adjustments included other mark-to-market net of hedges o ...
New Strong Buy Stocks for June 5th
ZACKS· 2024-06-05 12:41
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Janus Henderson Group plc (JHG) : This asset management company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days. Crescent Energy Company (CRGY) : This explorer and producer of oil and natural gas has seen the Zacks Consensus Estimate for its current year earnings increasing 39.5% over the last 60 days. Mr. Cooper Group Inc. (COOP) : This non-bank servicer of residential mortgag ...
Best Value Stocks to Buy for June 5th
ZACKS· 2024-06-05 11:26
Crescent Energy has a price-to-earnings ratio (P/E) of 6.92, compared with 34.90 for the industry. The company possesses a Value Score of A. See the full list of top ranked stocks here. Standard Chartered PLC (SCBFF) : This banking company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days. Standard Chartered has a price-to-earnings ratio (P/E) of 6.02, compared with 9.30 for the industry. The company possesses a Value ...
Mr Cooper (COOP) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-05-30 17:01
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. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individ ...
New Strong Buy Stocks for May 24th
zacks.com· 2024-05-24 12:56
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: First BanCorp. (FBP) : This bank holding company for FirstBank Puerto Rico has seen the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days. Norwegian Cruise Line Holdings Ltd. (NCLH) : This cruise company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days. Owens Corning (OC) : This building materials company has seen the Zacks Consensus Est ...
Best Value Stocks to Buy for May 24th
zacks.com· 2024-05-24 09:26
Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 24: Norwegian Cruise Line Holdings Ltd. (NCLH) : This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 8.8% over the last 60 days. Norwegian Cruise Line Holdings has a price-to-earnings ratio (P/E) of 11.95 compared with 27.80 for the industry. The company possesses a Value Score of A. See the full list of top ranked stocks here ...
Best Value Stocks to Buy for May 13th
Zacks Investment Research· 2024-05-13 12:21
Here are two stocks with buy rank and strong value characteristics for investors to consider today, May 13th: Organon & Co. (OGN) : This healthcare company which focuses on the health of women throughout their lives, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.Organon has a price-to-earnings ratio (P/E) of 4.72 compared with 6.0 for the industry. The company possesses a Value Score of A.The ODP Corpo ...
Mr. Cooper (COOP) Rises 3% Since Q1 Earnings Beat: Growth Ahead?
Zacks Investment Research· 2024-05-08 17:05
Mr. Cooper Group Inc. (COOP) shares rose 2.9% since it reported strong first-quarter 2024 results on Apr 24, 2024. Solid growth in Servicing and Originations units were major tailwinds for the company. The servicing portfolio has reached the $1.1 trillion mark.Investors also seem to be impressed with its focus on technological advancements. The implementation of the mortgage-centric AI platform named Pyro, which was developed in partnership with Google, is boosting efficiency and cost savings for the compan ...
Best Momentum Stocks to Buy for April 26th
Zacks Investment Research· 2024-04-26 15:00
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 26th:SEI Investments Company (SEIC) : This asset management holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.SEI Investments’ shares gained 3.3% over the last three months compared with the S&P 500’s advance of 3.1%. The company possesses a Momentum Score of B.Crane Company (CR) : This engineered indu ...