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 ...

▪ 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 ...

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 ...

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 ...

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) 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 ...

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 ...

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 ...