Investors need to pay close attention to Mr. Cooper Group (COOP) stock based on the movements in the options market lately.
Mr. Cooper (COOP) announces the acquisition of Flagstar's mortgage operations for $1.4 billion.
The mean of analysts' price targets for Mr Cooper (COOP) points to a 25% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Does Mr Cooper (COOP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Mr Cooper (COOP) and Atlantic Union (AUB) have performed compared to their sector so far this year.
Although the revenue and EPS for Mr Cooper (COOP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Mr Cooper (COOP) came out with quarterly earnings of $2.52 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $1.66 per share a year ago.
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.
JHG, GPS, FHN, CRGY and COOP have been added to the Zacks Rank #1 (Strong Buy) List on June 5, 2024.
CRGY, SCBFF and COOP made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 5, 2024.
Mr Cooper (COOP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
FBP, NCLH, OC, JHG and COOP have been added to the Zacks Rank #1 (Strong Buy) List on May 24, 2023.