Shares of mortgage servicing company Mr. Cooper Group (NASDAQ:COOP) jumped 5.3% in the morning session after investor optimism grew following recent strategic developments, including a planned merger with Rocket Companies, and positive analyst price targets. The positive sentiment was supported by multiple analysts. Jefferies increased its price target for Mr. Cooper to $150, expressing optimism that a merger with Rocket Companies would enhance future earnings. Adding to this, a UBS analyst set a new price target of $178. This bullish outlook follows the company's strong performance, which was highlighted in Diamond Hill Small-Mid Cap Fund's Q2 2025 investor letter. While the company's most recent quarterly earnings per share (EPS) missed consensus estimates, investors appeared to focus on strategic developments, including management's emphasis on technology investments to improve operational efficiency.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
A number of stocks jumped in the morning session after markets rebounded following a sharp sell-off in the previous trading session as investor optimism grew around a potential Federal Reserve interest rate cut following a weak U.S. jobs report.
Detroit, MI – Rocket Companies (NYSE: RKT), the parent company of Rocket Mortgage, has witnessed a significant surge in its stock price, fueled by robust second-quarter earnings, optimistic third-quarter guidance, and a surprising resurgence in the starter home segment of the housing market. This upward trajectory signals a potential turning point
The stocks featured in this article have all approached their 52-week highs.
When these price levels hit, it typically signals strong business execution, positive market sentiment, or significant industry tailwinds.
Mortgage servicing company Mr. Cooper Group (NASDAQ:COOP) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 16.8% year on year to $681 million. Its GAAP profit of $3.04 per share was 3.4% below analysts’ consensus estimates.
Shares of mortgage servicing company Mr. Cooper Group (NASDAQ:COOP) jumped 3.4% in the morning session after an analyst at Jefferies significantly raised their price target on the stock. The analyst at Jefferies boosted the price target on the mortgage servicer to $150 from $110, a substantial 36% increase, while maintaining a "Hold" rating on the shares.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Mr. Cooper Group (NASDAQ:COOP) and the best and worst performers in the thrifts & mortgage finance industry.
In cities and towns across the United States and much of the world, the same anxious conversation echoes: “Why are homes so expensive?” From young families locked out of the market, to renters seeing leases soar, to seniors unable to downsize affordably, the housing crisis has become a defining issue
