|Bid||18.00 x 1200|
|Ask||17.97 x 800|
|Day's Range||17.83 - 18.50|
|52 Week Range||4.31 - 18.50|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||3.70|
|Earnings Date||Jul 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.17|
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
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 $850,000,000 5.50% Senior Notes due 2028 (the "Notes"). The Notes will bear interest at 5.50% per annum and will mature on August 15, 2028. Interest on the Notes will be payable semi-annually on February 15 and August 15 of each year, beginning on February 15, 2021.
If you want to know who really controls Mr. Cooper Group Inc. (NASDAQ:COOP), then you'll have to look at the makeup of...
Ladies and gentlemen, thank you for standing by, and welcome to the Mr. Cooper Group second-quarter 2020 earnings call. My name is Ken Posner, and I'm SVP of strategic planning and investor relations. With me today are Jay Bray, chairman and CEO; and Chris Marshall, vice chairman and CFO.
Mr Cooper (COOP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Mr Cooper (COOP) delivered earnings and revenue surprises of 103.62% and 25.95%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net income of $73 million or $0.77 per diluted share. Net income included a negative $261 million in mark-to-market. Excluding the mark-to-market and other items, the Company reported pretax operating income of $350 million. Items excluded from operating income were negative $261 million in mark-to-market, net of the add back of $29 million in fair value amortization that is included in the full mark-to-market, $1 million in severance charges related to the shutdown of the Wholesale division, and $7 million of intangible amortization.
Mr Cooper (COOP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2020 on Thursday, July 30, 2020 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call may be accessed by dialing 855-874-2685 (toll-free), or 720-634-2923 (international), five minutes prior to the scheduled start of the call. Please use the participant passcode 9776505 to access the conference call. A simultaneous audio webcast of the conference call will be available under the investors section on www.mrcoopergroup.com.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Co-operative Bank of Kenya Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
|Maintains||Piper Sandler: to Overweight||6/2/2020|
|Upgrade||Wedbush: Neutral to Outperform||5/15/2020|
|Maintains||Wedbush: to Neutral||5/1/2020|
|Maintains||Credit Suisse: to Outperform||4/13/2020|
|Downgrade||Wedbush: Outperform to Neutral||4/7/2020|
|Maintains||Wedbush: to Outperform||8/2/2019|
Sector(s): Financial Services
Industry: Mortgage Finance
Full Time Employees: 9,100
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through Servicing, Originations, and Xome segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, mortgage professionals, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is based in Coppell, Texas.