Mr. Cooper Group Inc. is expected to post earnings of $ 8.49 per share for fiscal 2021 (NASDAQ: COOP)

Mr. Cooper Group Inc. (NASDAQ: COOP) – Stock analysts at Jefferies Financial Group released their earnings per share (EPS) estimates for fiscal 2021 for Mr. Cooper Group in a research report released on Tuesday, January 11. . Jefferies Financial Group analyst K. Joseph predicts the company will post earnings per share of $ 8.49 for the year. Jefferies Financial Group also released estimates for Mr. Cooper’s fourth quarter 2021 earnings at $ 1.22 per share, first quarter 2022 earnings at $ 1.43 per share, second quarter 2022 earnings at 1, $ 35 per share, third quarter 2022 earnings at $ 1.24 per share, fourth quarter 2022 earnings at $ 1.25 per share, year 2022 earnings at $ 5.27 EPS, first quarter earnings quarter 2023 at $ 1.59 EPS, second quarter 2023 earnings at $ 1.52 EPS, and fourth quarter 2023 earnings at $ 1.69 EPS.

Several other analysts also recently commented on the title. Barclays raised its price target for Mr. Cooper Group shares from $ 39.00 to $ 46.00 and gave the company an “equal weight” rating in a research note Monday. Piper Sandler raised her price target for Mr. Cooper Group shares from $ 48.00 to $ 60.00 and assigned the stock an “overweight” rating in a research report published on Tuesday, November 2. Credit Suisse Group raised its price target for Mr. Cooper Group shares from $ 46.00 to $ 52.00 and assigned the stock an “outperformance” rating in a report released on Friday, October 29. Finally, Zacks Investment Research downgraded Mr. Cooper Group’s shares from a “hold” rating to a “buy” rating and set a target price of $ 48.00 for the company in a report released on Tuesday, November 16. . Two equity research analysts rated the stock with a conservation rating and three gave the stock a buy rating. Based on data from, the stock currently has a consensus rating of “Buy” and a consensus price target of $ 47.83.

(A d)

It’s scientific breakthroughs like this that give investors like you the chance to quickly jump into companies that will revolutionize the world …

And you might only have one opportunity in your life to invest in something this big …

Shares of Mr. Cooper Group opened at $ 43.14 on Thursday. The company’s 50-day average mobile price is $ 41.71, and its 200-day average mobile price is $ 39.86. The Mr. Cooper group has a 52 week low of $ 26.93 and a 52 week high of $ 45.27. The company has a market cap of $ 3.24 billion, a P / E ratio of 2.69 and a beta of 1.59. Mr. Cooper Group (NASDAQ: COOP) last released its quarterly earnings data on Thursday, October 28. The company reported EPS of $ 2.42 for the quarter, beating analyst consensus estimates of $ 1.97 by $ 0.45. Mr. Cooper Group had a net margin of 39.82% and a return on equity of 29.79%. The company posted revenue of $ 860.00 million in the quarter, compared to analysts’ expectations of $ 648.32 million. During the same period last year, the company posted EPS of $ 2.76. The company’s revenue was down 1.4% year-over-year.

Large investors have recently changed their holdings in the company. UBS Asset Management Americas Inc. increased its position in Mr. Cooper Group by 13.4% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 94,037 shares of the company valued at $ 3,872,000 after acquiring an additional 11,088 shares during the last quarter. Comerica Bank increased its stake in Mr. Cooper Group by 22.5% during the 3rd quarter. Comerica Bank now owns 78,043 shares of the company valued at $ 3,447,000 after purchasing an additional 14,312 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Mr. Cooper Group shares by 12.7% in the third quarter. Bank of New York Mellon Corp now owns 842,626 shares of the company valued at $ 34,690,000 after purchasing an additional 95,189 shares in the last quarter. Cetera Advisor Networks LLC purchased a new position in Mr. Cooper Group shares in the third quarter valued at $ 202,000. Finally, BNP Paribas Arbitrage SA increased its stake in Mr. Cooper Group shares by 22.0% in the third quarter. BNP Paribas Arbitrage SA now owns 89,301 shares of the company valued at $ 3,677,000 after purchasing an additional 16,090 shares during the period. Institutional investors and hedge funds hold 83.80% of the company’s shares.

In addition, CEO Jesse K. Bray sold 10,000 shares of the M. Cooper group in a transaction on Monday, December 20. The stock was sold at an average price of $ 39.02, for a total trade of $ 390,200.00. The transaction was disclosed in a file with the Securities & Exchange Commission, which is accessible through the SEC website. In the past three months, insiders have sold 30,000 shares of the company valued at $ 1,253,000. 2.17% of the shares are held by insiders.

About the M. Cooper Group

Mr. Cooper Group, Inc. engages in the provision of residential loan services. It operated through the following segments: Maintenance, Originations, Xome and Corporate / Other. The Services segment involves collecting loan payments, remitting principal and interest payments to investors, managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance, making payments loss mitigation activities on behalf of investors and otherwise administer the mortgage loan services portfolio. .

Featured article: How does a reverse stock split work?

M. Cooper Group Profit History and Estimates (NASDAQ: COOP)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in the Mr. Cooper group now?

Before you consider Mr. Cooper Group, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Mr. Cooper Group was not on the list.

Although Mr. Cooper Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

About Jason Norton

Check Also

Rockwell Medical Announces 1-for-11 Reverse Stock Split | News

WIXOM, Mich., May 12, 2022 /PRNewswire/ — Rockwell Medical, Inc. (Nasdaq: RMTI), a biopharmaceutical company …