NASDAQ$COOP

Mr Cooper Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Mr. Cooper Group's Q1 2021 financial performance was marked by record operating income and origination fundings, along with strategic portfolio growth and significant capital management activities.

Mr. Cooper Group reported a strong first quarter in 2021, achieving a net income of $561 million, driven by record pretax operating income of $363 million and significant origination volume. The company also strategically grew its servicing portfolio and executed capital management initiatives, including share repurchases and the sale of Title365.

  • Net income reached $561 million, or $5.92 per diluted share, inclusive of a $373 million mark-to-market adjustment.
  • Pretax operating income hit a record $363 million, demonstrating strong operational efficiency.
  • Originations generated $362 million in pretax income on a record funded volume of $25.1 billion.
  • The servicing portfolio expanded by 3% quarter-over-quarter, reaching $646 billion.

Headline financials

Total Revenue

$1.27B

Previous: $278M+355.8%
EPS (adj)

$2.86

Previous: -$1.84+255.4%
Servicing Customer Count

646.0B

Previous: 3.7M+17459359.5%
Net Income

$561M

Previous: -$168M+433.9%
Operating Income

$798M

Previous: -$166M+580.7%
Gross Profit

$1.27B

Previous: $278M+355.8%
Cash & Equivalents

$674M

Previous: $579M+16.4%
Total Assets

$24.7B

Previous: $17.6B+40.3%

Revenue & EPS history

Mr Cooper · Revenue · Quarterly

$1.27B

Q1 2021+355.8%vs Q1 2020
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

The report does not contain any forward guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

+1.2%

Avg return

Earnings day

+3.7%

Avg return

5 days after

+5.7%

Avg return

30 days after

43%

23 / 54 earnings

Positive

+22.3%

Q4 2021

Best reaction

-16.7%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025-0.0%-6.4%+17.5%
Q1 2025-1.1%+2.8%+15.6%
Q4 2024-0.6%+0.5%-5.3%
Q3 2024-2.4%+0.3%+9.2%
Q2 2024+9.1%+5.0%+7.0%
Q1 2024-0.9%-0.3%+2.8%
Q4 2023+7.6%+2.3%+9.0%
Q3 2023+6.1%+4.8%+11.3%
Q2 2023+9.6%+7.3%+2.7%
Q1 2023+6.1%+3.4%+3.9%
Q4 2022+4.4%+6.7%-6.3%
Q3 2022-12.9%-11.5%+0.7%
Q2 2022+12.3%+11.2%+10.2%
Q1 2022+5.3%+8.9%+2.4%
Q4 2021+22.3%+26.4%+14.8%
Q3 2021+0.0%-1.5%-4.7%
Q2 2021+2.8%
Q1 2021+2.8%
Q4 2020+3.5%
Q3 2020-5.6%
Q2 2020+13.0%
Q1 2020-6.3%
Q4 2019-1.0%
Q3 2018-1.7%
Q3 2019+4.8%
Q2 2019+18.8%
Q1 2019+6.4%
Q4 2018-3.3%
Q2 2018+0.7%
Q1 2018-0.7%
Q4 2017+1.6%
Q3 2017-4.2%
Q2 2017-4.3%
Q1 2017-3.8%
Q4 2016-7.1%
Q3 2016+2.5%
Q2 2016-2.1%
Q1 2016+0.0%
Q4 2015+0.4%
Q3 2015-0.4%
Q2 2015-2.4%
Q1 2015-2.2%
Q4 2014+0.0%
Q3 2014-3.8%
Q2 2014+1.1%
Q4 2013-1.8%
Q1 2014-0.6%
Q3 2013+15.8%
Q2 2013-2.9%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012-2.1%
Q2 2012+0.0%
Q1 2012-16.7%
Q4 2011
Q3 2011
Q2 2011
Q1 2011

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