Thursday, June 24, 2021 11:56:20 AM
THURSDAY, JUNE 24, 2021 | MARKETBEAT
Equities analysts expect that Mr. Cooper Group Inc. (NASDAQ:COOP) will announce $1.56 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Mr. Cooper Group's earnings. The highest EPS estimate is $1.74 and the lowest is $1.37. Mr. Cooper Group posted earnings per share of $2.85 in the same quarter last year, which would indicate a negative year-over-year growth rate of 45.3%. The company is expected to announce its next quarterly earnings results on Thursday, July 29th.
According to Zacks, analysts expect that Mr. Cooper Group will report full year earnings of $7.43 per share for the current financial year, with EPS estimates ranging from $7.30 to $7.55. For the next fiscal year, analysts forecast that the firm will report earnings of $5.32 per share, with EPS estimates ranging from $4.90 to $5.61. Zacks Investment Research's earnings per share averages are an average based on a survey of sell-side research analysts that cover Mr. Cooper Group.
Mr. Cooper Group (NASDAQ:COOP) last announced its earnings results on Thursday, April 29th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.27 by $0.60. Mr. Cooper Group had a net margin of 27.70% and a return on equity of 42.57%. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $936.27 million.
Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $38.00 price target (down previously from $39.00) on shares of Mr. Cooper Group in a research note on Tuesday, April 13th. Piper Sandler boosted their price target on Mr. Cooper Group from $34.00 to $40.00 and gave the stock an "overweight" rating in a research report on Friday, February 26th. Credit Suisse Group boosted their price target on Mr. Cooper Group from $34.00 to $40.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 24th. Barclays reaffirmed an "equal weight" rating and issued a $38.00 target price (down from $44.00) on shares of Mr. Cooper Group in a research report on Tuesday, April 27th. Finally, Zacks Investment Research lowered Mr. Cooper Group from a "buy" rating to a "hold" rating in a research report on Wednesday, May 5th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of "Buy" and a consensus target price of $34.56.
https://www.marketbeat.com/instant-alerts/nasdaq-coop-consensus-analyst-rating-2021-06-2-3/
Recent COOP News
- Mr. Cooper Group Reports First Quarter 2024 Results • Business Wire • 04/24/2024 11:00:00 AM
- Mr. Cooper Group Announces Two New Senior Leaders • Business Wire • 04/23/2024 01:00:00 PM
- Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024 • Business Wire • 04/05/2024 03:37:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:34:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:05:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:04:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:03:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:01:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 10:59:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 09:28:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 09:15:59 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:13:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 12:00:29 PM
- Mr. Cooper Group Reports Fourth Quarter 2023 Results • Business Wire • 02/09/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 09:30:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/30/2024 09:26:40 PM
- Mr. Cooper Group Inc. Announces Pricing of Offering of $1 Billion of Senior Notes • Business Wire • 01/29/2024 11:02:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 12:55:56 PM
- Mr. Cooper Group Inc. to Discuss Fourth Quarter 2023 Financial Results on February 9, 2024 • Business Wire • 01/11/2024 09:55:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:00:53 PM
- Mr. Cooper Group Appoints Mike Weinbach as President • Business Wire • 01/09/2024 09:00:00 PM
- Meta CEO Sells $428 Million in Shares Since November, AMC Hits New Record Low, and More • IH Market News • 01/04/2024 09:51:01 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/02/2024 09:19:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/29/2023 08:45:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 09:08:37 PM
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