WMIH (NASDAQ:COOP)‘s stock had its “buy” rating reiterated by Wedbush in a research note issued on Wednesday, October 17th, The Fly reports. They presently have a $23.00 price target on the stock. Wedbush’s target price would suggest a potential upside of 52.22% from the company’s previous close. Wedbush also issued estimates for WMIH’s Q3 2018 earnings at $0.51 EPS, Q4 2018 earnings at $0.80 EPS, FY2018 earnings at $2.22 EPS, Q1 2019 earnings at $0.62 EPS, Q2 2019 earnings at $0.73 EPS, Q3 2019 earnings at $0.92 EPS, Q4 2019 earnings at $1.01 EPS, FY2019 earnings at $3.28 EPS and FY2020 earnings at $3.78 EPS.
Separately, Barclays set a $17.00 target price on shares of WMIH and gave the stock a “sell” rating in a research note on Tuesday, October 16th.
Shares of NASDAQ:COOP traded down $0.21 during trading on Wednesday, hitting $15.11. The company’s stock had a trading volume of 807,671 shares, compared to its average volume of 700,211. The company has a market cap of $259.35 million, a price-to-earnings ratio of 125.92 and a beta of -0.63. WMIH has a fifty-two week low of $7.20 and a fifty-two week high of $20.04.
An institutional investor recently bought a new position in WMIH stock. Thompson Siegel & Walmsley LLC purchased a new stake in WMIH Corp (NASDAQ:COOP) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,859,225 shares of the company’s stock, valued at approximately $9,534,000. Thompson Siegel & Walmsley LLC owned about 38.00% of WMIH at the end of the most recent reporting period.
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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