Mr. Cooper Group (COOP) Projected to Post Earnings on Wednesday

Mr. Cooper Group (NASDAQ:COOP - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 23rd. Analysts expect Mr. Cooper Group to post earnings of $3.33 per share and revenue of $669.23 million for the quarter.

Mr. Cooper Group (NASDAQ:COOP - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.16. Mr. Cooper Group had a net margin of 25.93% and a return on equity of 15.27%. The business had revenue of $560.00 million during the quarter, compared to analysts' expectations of $620.57 million. During the same quarter in the prior year, the company posted $2.73 EPS. The business's revenue for the quarter was down .7% on a year-over-year basis. On average, analysts expect Mr. Cooper Group to post $13 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Mr. Cooper Group Stock Up 1.5%

COOP stock traded up $2.23 during midday trading on Friday, hitting $150.43. The company's stock had a trading volume of 769,884 shares, compared to its average volume of 731,887. Mr. Cooper Group has a 52-week low of $80.35 and a 52-week high of $158.00. The firm has a market capitalization of $9.63 billion, a P/E ratio of 17.09, a PEG ratio of 0.43 and a beta of 1.05. The firm has a 50-day simple moving average of $140.07 and a 200-day simple moving average of $119.40.

Insider Buying and Selling

In other news, CEO Jesse K. Bray sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $152.14, for a total transaction of $4,564,200.00. Following the completion of the sale, the chief executive officer owned 693,187 shares of the company's stock, valued at $105,461,470.18. This trade represents a 4.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.73% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Mr. Cooper Group stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Mr. Cooper Group Inc (NASDAQ:COOP - Free Report) by 8.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,674 shares of the company's stock after acquiring an additional 11,097 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.21% of Mr. Cooper Group worth $16,346,000 as of its most recent SEC filing. Institutional investors own 89.82% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Piper Sandler lifted their price objective on shares of Mr. Cooper Group from $143.00 to $158.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Citizens Jmp lowered shares of Mr. Cooper Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 1st. Barclays upped their price target on shares of Mr. Cooper Group from $147.00 to $156.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Keefe, Bruyette & Woods upped their target price on shares of Mr. Cooper Group from $115.00 to $143.00 and gave the company a "market perform" rating in a research note on Tuesday, April 8th. Finally, UBS Group reiterated a "neutral" rating and set a $156.00 price objective on shares of Mr. Cooper Group in a research note on Tuesday. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Mr. Cooper Group has an average rating of "Moderate Buy" and a consensus target price of $136.14.

About Mr. Cooper Group

Mr. Cooper Group Inc, together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned.