Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Mr Cooper Group (COOP)
NASDAQ:COOP
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.97Last Year’s EPS
2.34Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 1.71%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
The earnings call was characterized by strong financial results, successful strategic actions like the Flagstar acquisition, and recognition for operational excellence, indicating a healthy and growing business despite minor legal and market challenges. The sentiment is overall positive due to significant achievements and optimistic future guidance.Company Guidance
During the Mr. Cooper Group's fourth quarter 2024 earnings call, the company provided updated guidance and shared several key metrics. They reported a pre-tax operating income of $235 million with an operating ROTCE of 15.8%. Tangible book value saw a year-over-year increase of 12% to $71.61 per share, while the capital ratio was at 24.4% and liquidity stood at $3.4 billion. The Servicing segment generated $318 million in pre-tax income, marking a 39% increase from the previous year. Moreover, they increased their ROTCE guidance range to 16% to 20% for 2025 and 2026, reflecting confidence in their balanced business model. The Originations segment produced $47 million in EBT, with funded volumes growing 38% sequentially. The company also emphasized their strategic focus on leveraging technology, improving customer experience, and expanding their servicing portfolio, which now stands at $1.5 trillion, making Mr. Cooper the largest servicer in the U.S. Additionally, they highlighted their growing fee income, which has been expanding at a double-digit pace and now constitutes over 20% of total revenue.Strong Financial Performance
Pre-tax operating income was $235 million with Operating ROTCE at 15.8%. Tangible book value grew 12% year-over-year to $71.61 per share. Capital ratio stood at 24.4%, and liquidity was $3.4 billion.
Successful Flagstar Acquisition
Completed the acquisition of Flagstar's mortgage banking operations, onboarding 1.1 million customers, marking the largest acquisition in company history.
Servicing Segment Growth
Servicing generated $318 million in pre-tax income, up 39% year-over-year. The company is now the largest servicer in the US with a portfolio of $1.5 trillion.
Recognition and Awards
Won the SHARP Gold Award from Freddie Mac for servicers and received an upgrade from Fitch to a 1 minus rating.
Technological Advancements
AgentiQ, a real-time conversation analysis tool, was fully rolled out, improving customer service and operational efficiency.
Strong Market Position
Climbed into a top five market share position in the correspondent channel.
---
COOP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
COOP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $107.32 | $106.71 | -0.57% |
| Oct 23, 2024 | $91.06 | $87.37 | -4.05% |
| Jul 25, 2024 | $86.64 | $92.54 | +6.81% |
| Apr 24, 2024 | $79.48 | $81.72 | +2.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Mr Cooper Group (COOP) report earnings?
Mr Cooper Group (COOP) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Mr Cooper Group (COOP) earnings time?
Mr Cooper Group (COOP) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COOP EPS forecast?
COOP EPS forecast for the fiscal quarter 2025 (Q1) is 2.97.
---