![]() Unfortunately, I haven’t really had time to explore many of the dining options that I would like to. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.I’ve spent a lot of time in Muskegon County this week. NASDAQ data is at least 15 minutes delayed. ![]() NYSE and AMEX data is at least 20 minutes delayed. Real time prices by BATS. Delayed quotes by FIS. Visit to get our data and content for your mobile app or website. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough May 15, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Also, the consensus mark for ORCC’s revenues in 2023 implies a 24.2% year-over-year rise. The Zacks Consensus Estimate for Owl Rock Capital’s 2023 earnings is pegged at $1.79 per share, suggesting 27% year-over-year growth. Over the past 30 days, ALIZY has witnessed one upward estimate revision against none in the opposite direction. The Zacks Consensus Estimate for Allianz’s 2023 earnings is pegged at $2.54 per share, indicating 48.5% year-over-year growth. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Some better-ranked stocks in the broader finance space are Allianz SE ( ALIZY Quick Quote ALIZY - Free Report) and Owl Rock Capital Corporation ( ORCC Quick Quote ORCC - Free Report), each carrying a Zacks Rank #2 (Buy) at present. Cooper currently has a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research Zacks Rank & Key Picks Shares of the company have climbed 4.4% in the past year against the 18.3% fall of the industry. Cooper, which is currently at 4.9%, lower than the industry average of 16.5%. The latest deal is likely to enhance returns on equity for Mr. In the first quarter, COOP’s Servicing UPB increased 7% year over year to $853 billion. It intends to provide a friction-free experience to customers following the acquisition. The company looks forward to providing service to Home Point’s high-valued borrowers with high FICO scores. Cooper’s servicing portfolio with Home Point’s $84 billion portfolio.ĬOOP’s Servicing unit, which caters to the growing customer base, generated an adjusted pre-tax profit of $157 million in the first quarter. The latest deal is in line with this strategy and is expected to enhance Mr. The company focuses on reducing concentration risks, enabling it to generate lucrative risk-adjusted returns. The move is expected to boost COOP’s customer base, which was at 4.1 million in the first quarter. Cooper is expected to shut down the acquiree’s remaining operations. After the Home Point customers are onboarded and the deal concludes, Mr. ![]() The deal is expected to close in the third quarter of this year. It will likely serve as a low-cost funding source. Per the deal, the acquirer is expected to assume Home Point’s outstanding 5% senior notes, which are due in February 2026. ( COOP Quick Quote COOP - Free Report) agreed to acquire Home Point Capital Inc.’s ( HMPT Quick Quote HMPT - Free Report) all outstanding shares for around $324 million in cash.
0 Comments
Leave a Reply. |