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.Whil ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Mr Cooper (COOP) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Mr Cooper is a member of the Finance sector. This group includes 857 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank includes 16 different groups and is listed in ord ...

Capital Ratio above 20-25% Target Range at 12/31/2023⁽¹⁾ 14 | BALANCE SHEET SEGMENT OPERATING INCOME AND NON-GAAP RECONCILIATION ROTCE RECONCILIATION ⁽¹⁾ Return on Common Equity (ROCE) is computed by dividing annualized earnings by average common equity (book value) ⁽²⁾ Assumes GAAP tax-rate of 24.2% | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------|---------|---------|------------------------------------|---------|---------| | $ mm's except for per sh ...

Mr. Cooper Group Inc. (NASDAQ:COOP) Q4 2023 Earnings Conference Call February 9, 2024 10:00 AM ET Company Participants Ken Posner – Senior Vice President of Strategic Planning and Investor Relations Jay Bray – Chairman and Chief Executive Officer Chris Marshall – Vice Chairman and President Kurt Johnson – Executive Vice President, Chief Financial Officer Conference Call Participants Giuliano Bologna – Compass Point Kevin Barker – Piper Sandler Bose George – KBW Terry Ma – Barclays Doug Harter – UBS Michael ...

For the quarter ended December 2023, Mr Cooper (COOP) reported revenue of $404 million, up 33.3% over the same period last year. EPS came in at $1.71, compared to $0.86 in the year-ago quarter.The reported revenue represents a surprise of +1.43% over the Zacks Consensus Estimate of $398.31 million. With the consensus EPS estimate being $1.37, the EPS surprise was +24.82%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

Mr Cooper (COOP) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.82%. A quarter ago, it was expected that this reinsurance company would post earnings of $1.73 per share when it actually produced earnings of $2.79, delivering a surprise of 61.27%.Over the last four quarters, the co ...

The upcoming report from Mr Cooper (COOP) is expected to reveal quarterly earnings of $1.37 per share, indicating an increase of 59.3% compared to the year-ago period. Analysts forecast revenues of $398.31 million, representing an increase of 31.5% year over year.The current level reflects a downward revision of 7.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this peri ...

The market expects Mr Cooper (COOP) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”), of $1,000,000,000 7.125% Senior Notes due 2032 (the “Notes”). The Notes will bear interest at 7.125% per annum and will mature on February 1, 2032. Interest on the Notes will be payable semi-annually on February 1 and August 1 of each year, beginning on August 1, 2024. The offering is expected t ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Mr Cooper (COOP) , which belongs to the Zacks Financial - Consumer Loans industry.This reinsurance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 48.67%.For the last reported quarter, Mr Cooper came out with earnings of $2 ...