Zacks.com featured highlights include: SolarEdge Technologies, Mr. Cooper, Synaptics, Legg Mason and Anixter International
Improvement in mortgage refinance loans is expected to have supported Mr. Cooper's (COOP) Q1 earnings despite higher expenses.
‘There’s just no way anybody could have enough capital set aside to handle the kind of payments that servicers could have to make.’
Moody's Investors Service, ("Moody's") has today affirmed all ratings and assessments of the three rated Kenyan banks, namely: KCB Bank Kenya Limited (KCB Bank), Equity Bank (Kenya) Limited (Equity Bank), and Co-operative Bank of Kenya Limited (Co-op Bank). As part of the same rating action Moody's has changed the outlook on the banks' long-term deposit ratings to negative from stable.
One thing we could say about the analysts on Mr. Cooper Group Inc. (NASDAQ:COOP) - they aren't optimistic, having just...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Moody's Investors Service, ("Moody's") has today affirmed all ratings and assessments of the three rated Kenyan banks, namely: KCB Bank Kenya Limited (KCB Bank), Equity Bank (Kenya) Limited (Equity Bank), and Co-operative Bank of Kenya Limited (Co-op Bank). As part of the same rating action Moody's has changed the outlook on the banks' long-term deposit ratings to negative from stable.
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.
Thank you for standing by and welcome to the Mr. Cooper's Group's fourth-quarter earnings conference call. My name is Ken Posner and I'm the senior vice president of strategic planning and investor relations.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2020 on Thursday, April 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 3079677 to access the conference call. A simultaneous audio webcast of the conference call will be available under the investors section on www.mrcoopergroup.com.
Investors need to pay close attention to Mr. Cooper (COOP) stock based on the movements in the options market lately.
Mr. Cooper (COOP) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
Zacks.com featured highlights include: Mr. Cooper, Green Brick Partners, Verso, Foundation Building Materials and Vistra Energy
Mr. Cooper®, the nation’s largest non-bank mortgage servicer and a leading mortgage lender, today announced additional assistance programs to help customers dealing with the unexpected impact of COVID-19 on their personal and financial lives. The company is offering assistance to customers following the guidance outlined in the CARES Act, while continuing to provide customers the support needed by offering new digital tools and quickly increasing call center staffing.
Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net loss of $171 million or $1.84 per diluted share. Net loss included a negative $383 million in mark-to-market. Excluding the mark-to-market and other items, the Company reported pretax operating income of $127 million. Items excluded from operating income were negative $383 million in mark-to-market, net of the add back of $30 million in fair value amortization that is included in the full mark-to-market, $4 million in severance charges related to corporate actions, and $9 million of intangible amortization.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mr Cooper (COOP) closed at $8.43 in the latest trading session, marking a -0.59% move from the prior day.
The Zacks Analyst Blog Highlights: Medallion Financial, Mr. Cooper, RCI Hospitality and Evercore
Mr Cooper (COOP) delivered earnings and revenue surprises of 14.13% and -33.55%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?