Barclays (LON:BARC) analyst Mark Devries maintained a Hold rating on Mr Cooper Group (NASDAQ:COOP) on Friday, setting a price target of $39, which is approximately 4.90% above the present share price of $37.18.
Devries expects Mr Cooper Group to post earnings per share (EPS) of $6.22 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Mr Cooper Group, with an average price target of $44.5.
The analysts price targets range from a high of $49 to a low of $39.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.27 billion and a net profit of $798 million. The company's market cap is $3.2 billion.
According to TipRanks.com, Barclays analyst Mark Devries is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.9% and a 65.47% success rate.
Mr. Cooper Group, Inc. is engaged in the provision of residential loan services. It operated through the following segments: Servicing, Originations and Xome. The Servicing segment consists of collecting loan payments, remitting principal and interest payments to investors, managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance, performing loss mitigation activities on behalf of investors and otherwise administering mortgage loan servicing portfolio. The Originations segment provides refinance opportunities to the existing servicing customers through direct-to-consumer platform and purchases loans from originators through correspondent channel. The Xome segment offers technology and data-enhanced solutions to banks, non-banks, investment companies, and GSEs engaged in the origination, investment, servicing of mortgage loans, as well as to home buyers, home sellers, real estate professionals mortgage professionals, and real estate investors. The company was founded on August 17, 1994 and is headquartered in Coppell, TX.