Research Analysts Offer Predictions for WMIH Corp’s Q3 2018 Earnings (COOP)

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WMIH Corp (NASDAQ:COOP) – Wedbush raised their Q3 2018 EPS estimates for WMIH in a report released on Wednesday, October 17th. Wedbush analyst H. Coffey now forecasts that the company will post earnings of $0.51 per share for the quarter, up from their previous forecast of $0.50. Wedbush currently has a “Buy” rating and a $23.00 target price on the stock. Wedbush also issued estimates for WMIH’s Q4 2018 earnings at $0.80 EPS, FY2018 earnings at $2.22 EPS, Q2 2019 earnings at $0.73 EPS and FY2020 earnings at $3.78 EPS.

WMIH (NASDAQ:COOP) last posted its quarterly earnings data on Friday, July 27th. The company reported ($0.12) EPS for the quarter. The company had revenue of $3.08 million for the quarter. WMIH had a net margin of 229.44% and a return on equity of 18.07%.

Separately, Barclays set a $17.00 price objective on WMIH and gave the company a “sell” rating in a research note on Tuesday.

COOP opened at $14.58 on Thursday. The firm has a market cap of $266.39 million, a P/E ratio of 118.33 and a beta of -1.19. WMIH has a 52 week low of $7.20 and a 52 week high of $20.04.

WMIH Company Profile

Mr. Cooper Group Inc provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. It offers home loan servicers focused on delivering various servicing and lending products, services, and technologies. The company provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents, and mortgage companies.

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Earnings History and Estimates for WMIH (NASDAQ:COOP)

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