Jefferies (NYSE:JEF) analyst Ryan Carr maintained a Hold rating on Mr Cooper Group (NASDAQ:COOP) on Friday, setting a price target of $44, which is approximately 0.62% above the present share price of $43.73.
Carr expects Mr Cooper Group to post earnings per share (EPS) of $3.42 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Mr Cooper Group, with an average price target of $52.
The analysts price targets range from a high of $60 to a low of $44.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $860 million and a net profit of $458 million. The company's market cap is $3.29 billion.
According to TipRanks.com, Jefferies analyst Ryan Carr is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.6% and a 61.54% 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.