BTIG Maintains a Hold Rating on Mr. Cooper Group (COOP)

Mr. Cooper Group Inc. (NASDAQ:COOP) is one of the 13 Cheap Mid-Cap Stocks to Add to Your PortfolioOn May 20, BTIG analyst Eric Hagen maintained a Hold rating on Mr. Cooper Group Inc. (NASDAQ:COOP) without a price target. The rating came despite the company surpassing earnings expectations, with a reported EPS of $2.97, compared to expectations of $2.81.

Jim Cramer Says “Mr. Cooper (COOP) is Done”

A direct-to-consumer channel customer checking their mortgage account online.

Mr. Cooper Group Inc. (NASDAQ:COOP) also reported income before income tax expense of $95 million and net income of $88 million in fiscal Q1 2025. Pretax operating income came up to $255 million, excluding other mark-to-market and other adjustments.

Mr. Cooper Group Inc. (NASDAQ:COOP) provides residential loan services and operates through the segments Servicing and Originations. The Servicing segment manages the collection of loan payments, management of escrow funds for the payment of mortgage-related expenses, remittance of principal and interest payments to investors, and more. The Originations segment, in contrast, offers refinance opportunities to existing servicing customers.

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