Q2 Earnings Forecast for Mr. Cooper Group Issued By Wedbush

Mr. Cooper Group Inc. (NASDAQ:COOP) – Investment analysts at Wedbush dropped their Q2 2025 earnings estimates for shares of Mr. Cooper Group in a report released on Thursday, October 24th. Wedbush analyst J. Mccanless now expects that the company will earn $3.31 per share for the quarter, down from their prior forecast of $3.36. Wedbush has a “Outperform” rating and a $115.00 price objective on the stock. The consensus estimate for Mr. Cooper Group’s current full-year earnings is $10.17 per share.

Mr. Cooper Group (NASDAQ:COOP) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.30. The business had revenue of $616.00 million for the quarter, compared to the consensus estimate of $548.09 million. Mr. Cooper Group had a net margin of 25.87% and a return on equity of 13.77%. Mr. Cooper Group’s revenue for the quarter was up 32.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.79 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Barclays upped their price target on shares of Mr. Cooper Group from $103.00 to $108.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. Piper Sandler raised their target price on Mr. Cooper Group from $91.00 to $106.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Compass Point upped their price target on Mr. Cooper Group from $97.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Keefe, Bruyette & Woods downgraded shares of Mr. Cooper Group from an “outperform” rating to a “market perform” rating and set a $95.00 price objective on the stock. in a research note on Monday, July 22nd. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Mr. Cooper Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

Mr. Cooper Group Stock Performance

Shares of COOP stock opened at $91.16 on Monday. The stock’s 50 day simple moving average is $92.00 and its 200 day simple moving average is $86.30. Mr. Cooper Group has a twelve month low of $54.07 and a twelve month high of $97.35. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 9.55 and a beta of 1.40.

Institutional Trading of Mr. Cooper Group

Several hedge funds have recently modified their holdings of COOP. Harbor Capital Advisors Inc. acquired a new stake in shares of Mr. Cooper Group in the third quarter valued at $52,000. First Trust Direct Indexing L.P. increased its position in Mr. Cooper Group by 7.6% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 3,021 shares of the company’s stock valued at $278,000 after acquiring an additional 213 shares in the last quarter. Bernzott Capital Advisors boosted its position in Mr. Cooper Group by 0.8% in the 3rd quarter. Bernzott Capital Advisors now owns 81,657 shares of the company’s stock valued at $7,527,000 after buying an additional 680 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of Mr. Cooper Group in the 3rd quarter valued at $30,000. Finally, Mayfair Advisory Group LLC bought a new stake in shares of Mr. Cooper Group during the third quarter worth $316,000. Institutional investors and hedge funds own 89.82% of the company’s stock.

Mr. Cooper Group Company Profile

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.