Nucor earnings beat by $0.08, revenue fell short of estimates
Wmi Holdings (NASDAQ:COOP) stock hit an all-time high of $147.23, marking a significant milestone for the $9.39 billion market cap company. According to InvestingPro data, the stock is trading near its 52-week high with a P/E ratio of 16.2x. This peak underscores a remarkable year for Wmi Holdings, with the stock appreciating by 77.35% over the past twelve months. This substantial increase reflects the company’s positive momentum in the market and investor confidence. The achievement of this all-time high highlights Wmi Holdings’ strong performance, reflected in its "GOOD" Financial Health score from InvestingPro. Investors seeking detailed analysis can access the comprehensive Pro Research Report, available exclusively to subscribers, covering what really matters about this and 1,400+ other top stocks.
In other recent news, Mr. Cooper Group Inc. reported its first-quarter 2025 earnings, significantly missing analyst expectations. The company posted an earnings per share (EPS) of $1.35, falling short of the anticipated $2.98, while revenue reached $560 million against a forecast of $620.43 million. Despite these results, Mr. Cooper highlighted the successful integration of its Flagstar acquisition, which contributed to a decline in servicing operating expenses. The company’s liquidity improved to $3.9 billion, up from $3.4 billion. Additionally, Mr. Cooper Group is moving forward with its merger with Rocket Companies, with the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period satisfying a key condition for the merger’s completion. The merger is expected to conclude in the fourth quarter of 2025, pending regulatory and stockholder approvals. Jefferies, a global investment banking firm, flagged potential risks for mortgage lenders like Mr. Cooper if government-sponsored enterprises Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) are privatized. This development could impact Mr. Cooper’s loan origination volumes and the value of its existing loan book.
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