Mr. Cooper Group (NASDAQ:COOP – Get Free Report) is scheduled to announce its earnings results before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $2.07 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Mr. Cooper Group (NASDAQ:COOP – Get Free Report) last announced its quarterly earnings data on Friday, February 9th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.34. The firm had revenue of $404.00 million for the quarter, compared to the consensus estimate of $398.31 million. Mr. Cooper Group had a net margin of 27.87% and a return on equity of 12.01%. On average, analysts expect Mr. Cooper Group to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Mr. Cooper Group Trading Up 0.7 %
COOP stock opened at $78.06 on Tuesday. The stock has a market capitalization of $5.09 billion, a P/E ratio of 10.63 and a beta of 1.38. The firm has a 50-day moving average price of $74.58 and a 200-day moving average price of $66.11. Mr. Cooper Group has a 12 month low of $41.74 and a 12 month high of $78.62.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Mr. Cooper Group
Insider Buying and Selling
In related news, CEO Jesse K. Bray sold 25,000 shares of Mr. Cooper Group stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $78.09, for a total transaction of $1,952,250.00. Following the sale, the chief executive officer now directly owns 334,631 shares in the company, valued at approximately $26,131,334.79. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO Jesse K. Bray sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $78.09, for a total value of $1,952,250.00. Following the transaction, the chief executive officer now owns 334,631 shares in the company, valued at approximately $26,131,334.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael S. Weinbach purchased 17,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was purchased at an average price of $71.16 per share, for a total transaction of $1,209,720.00. Following the transaction, the president now directly owns 17,000 shares in the company, valued at approximately $1,209,720. The disclosure for this purchase can be found here. Insiders have sold a total of 75,000 shares of company stock worth $5,431,500 in the last ninety days. Company insiders own 2.33% of the company’s stock.
About Mr. Cooper Group
Mr. Cooper Group Inc engages in non-banking services for mortgage loans the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans.
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