Should I buy or sell Mr. Cooper Group stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" COOP shares. View COOP analyst ratings or view top-rated stocks .

What is Mr. Cooper Group's stock price target for 2024?

6 analysts have issued 12 month target prices for Mr. Cooper Group's stock. Their COOP share price targets range from $59.00 to $79.00. On average, they expect the company's share price to reach $68.83 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View analysts price targets for COOP or view top-rated stocks among Wall Street analysts .

How have COOP shares performed in 2023?

Mr. Cooper Group's stock was trading at $40.13 at the start of the year. Since then, COOP shares have increased by 57.5% and is now trading at $63.20. View the best growth stocks for 2023 here .

Are investors shorting Mr. Cooper Group?

Mr. Cooper Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,240,000 shares, an increase of 11.7% from the October 31st total of 1,110,000 shares. Based on an average trading volume of 584,200 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.0% of the company's stock are sold short. View Mr. Cooper Group's Short Interest .

When is Mr. Cooper Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024. View our COOP earnings forecast .

How were Mr. Cooper Group's earnings last quarter?

Mr. Cooper Group Inc. (NASDAQ:COOP) released its quarterly earnings data on Wednesday, October, 25th. The company reported $2.79 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $1.06. The firm had revenue of $574 million for the quarter, compared to the consensus estimate of $428.03 million. Mr. Cooper Group had a trailing twelve-month return on equity of 10.91% and a net margin of 26.88%.

What ETFs hold Mr. Cooper Group's stock?

ETFs with the largest weight of Mr. Cooper Group (NASDAQ:COOP) stock in their portfolio include Aztlan Global Stock Selection DM SMID ETF (AZTD) , Invesco Dorsey Wright Financial Momentum ETF (PFI) , Cambria Value and Momentum ETF (VAMO) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) , Invesco S&P SmallCap Financials ETF (PSCF) , SPDR S&P Bank ETF (KBE) , Cambria Shareholder Yield ETF (SYLD) and Invesco DWA SmallCap Momentum ETF (DWAS) .

What other stocks do shareholders of Mr. Cooper Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mr. Cooper Group investors own include Rite Aid (RAD) , Century Aluminum (CENX) , WMIH (WMIH) , Advanced Micro Devices (AMD) , NVIDIA (NVDA) , Pfizer (PFE) , Bausch Health Companies (BHC) , Cleveland-Cliffs (CLF) , Tonix Pharmaceuticals (TNXP) and Enterprise Products Partners (EPD) .

Who are Mr. Cooper Group's major shareholders?

Mr. Cooper Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (3.82%), Morgan Stanley (3.09%), Wellington Management Group LLP (2.57%), Assenagon Asset Management S.A. (2.14%), HG Vora Capital Management LLC (1.52%) and Northern Trust Corp (1.28%). Insiders that own company stock include Eldridge A Burns, Eldridge A Burns , Jesse K Bray , Michael R Rawls , Robert H Gidel, Robert H Gidel , Shveta Mujumdar and Wand Investors Corp Kkr. View institutional ownership trends .

How do I buy shares of Mr. Cooper Group?

Shares of COOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Mr. Cooper Group Stock Price, News & Analysis (NASDAQ:COOP)

$62.98

+0.27 (+0.43%)

(As of 02:21 PM ET)

Compare

Today's Range: $62.57
▼
$63.52
50-Day Range: $52.68
▼
$62.71
52-Week Range: $37.54
▼
$63.52

Volume: 249,925 shs
Average Volume: 599,727 shs
Market Capitalization: $4.15 billion

P/E Ratio: 9.46
Dividend Yield: N/A
Price Target: $68.83

Mr. Cooper Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8.9% Upside
$68.83 Price Target
Short Interest: Healthy
1.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.88
Upright™ Environmental Score
News Sentiment: 0.02
Based on 5 Articles This Week
Insider Trading: Selling Shares
$4.37 M Sold Last Quarter
Proj. Earnings Growth: 15.32%
From $7.31 to $8.43 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Finance Sector

433rd out of 828 stocks

Nondepository Credit Institutions Industry

15th out of 46 stocks

1.5

Analyst's Opinion

Consensus Rating
Mr. Cooper Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $68.83, Mr. Cooper Group has a forecasted upside of 8.9% from its current price of $63.20.
Amount of Analyst Coverage
Mr. Cooper Group has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.95% of the float of Mr. Cooper Group has been sold short.
Short Interest Ratio / Days to Cover
Mr. Cooper Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Mr. Cooper Group has recently increased by 11.71%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Mr. Cooper Group does not currently pay a dividend.
Dividend Growth
Mr. Cooper Group does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mr. Cooper Group has received a 37.86% net impact score from Upright. Mr. Cooper seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Mortgages provided by online banks", "Property marketing services of real estate agents and brokers", and "Transactional services for residential property" products. See details.
Environmental Sustainability
The Environmental Impact score for Mr. Cooper Group is -0.88.

2.2

News and Social Media Coverage

News Sentiment
Mr. Cooper Group has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Mr. Cooper Group this week, compared to 4 articles on an average week.
Search Interest
Only 2 people have searched for COOP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
10 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mr. Cooper Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,373,134.00 in company stock.
Percentage Held by Insiders
Only 3.11% of the stock of Mr. Cooper Group is held by insiders.
Percentage Held by Institutions
80.46% of the stock of Mr. Cooper Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Mr. Cooper Group are expected to grow by 15.32% in the coming year, from $7.31 to $8.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mr. Cooper Group is 9.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mr. Cooper Group is 9.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.18.
Price to Book Value per Share Ratio
Mr. Cooper Group has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mr. Cooper Group Stock (NASDAQ:COOP)

Mr. Cooper Group Inc. engages in non-banking services for mortgage loans the United States. The company operates through two segments: Servicing and Originations. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. was incorporated in 2015 and is based in Coppell, Texas.

COOP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

COOP Stock News Headlines

December 3, 2023 | americanbankingnews.com

Insider Selling: Mr. Cooper Group Inc. (NASDAQ:COOP) CEO Sells 25,000 Shares of Stock

November 24, 2023 | americanbankingnews.com

Mr. Cooper Group (NASDAQ:COOP) Hits New 52-Week High at $60.76

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November 24, 2023 | americanbankingnews.com

Mr. Cooper Group Inc. (NASDAQ:COOP) Receives $68.83 Consensus Price Target from Analysts

November 23, 2023 | finance.yahoo.com

MR. COOPER GROUP INC (COOP) Hit a 52 Week High, Can the Run Continue?

November 16, 2023 | msn.com

Barclays Initiates Coverage of Mr. Cooper Group (COOP) with Overweight Recommendation

November 14, 2023 | finance.yahoo.com

Is Mr. Cooper Group (COOP) Stock Outpacing Its Finance Peers This Year?

November 13, 2023 | finance.yahoo.com

Mr. Cooper hit with consumer class-action lawsuits over cyberattack

December 4, 2023 | Edge On The Street (Ad)

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November 9, 2023 | finance.yahoo.com

Mr. Cooper partially resumes operations after cyberattack

November 9, 2023 | marketwatch.com

Mr Cooper Says Customer Data Was Exposed in Cyberattack

November 7, 2023 | morningstar.com

Mr. Cooper Group Inc COOP

November 2, 2023 | dallasnews.com

Dallas-based mortgage giant Mr. Cooper hit in cyberattack

November 2, 2023 | marketwatch.com

Mr. Cooper Group Hit by Cybersecurity Breach

November 1, 2023 | msn.com

Mr. Cooper Group says CEO Bray sells 50K shares he holds indirectly

October 31, 2023 | finance.yahoo.com

Finding the Best Top-Ranked Stocks to Buy for November and Beyond

October 31, 2023 | msn.com

Lower mortgage rates may 'slightly' kickstart U.S. housing market, says Mr. Cooper's Jay Bray

October 27, 2023 | msn.com

Piper Sandler Maintains Mr. Cooper Group (COOP) Overweight Recommendation

October 26, 2023 | uk.style.yahoo.com

Gigi Hadid and Bradley Cooper Reportedly Had a Romantic Getaway Near the Model’s Family Farm

October 26, 2023 | finance.yahoo.com

Q3 2023 Mr Cooper Group Inc Earnings Call

October 25, 2023 | finance.yahoo.com

Mr. Cooper Group (COOP) Q3 2023 Earnings Call Transcript

October 25, 2023 | seekingalpha.com

Mr. Cooper Group Inc. 2023 Q3 - Results - Earnings Call Presentation

October 25, 2023 | msn.com

Mr. Cooper GAAP EPS of $4.06 beats by $1.98, revenue of $574M beats by $124.72M

October 25, 2023 | finance.yahoo.com

Mr. Cooper Group Reports Third Quarter 2023 Results

October 25, 2023 | finance.yahoo.com

Mr. Cooper Group Inc (COOP) Reports Strong Q3 2023 Earnings, Becomes Nation's Largest Servicer

October 24, 2023 | ca.sports.yahoo.com

Gov. Cooper sets ‘whole government’ approach to environmental justice. What to know.

October 21, 2023 | finance.yahoo.com

Mr. Cooper Group Inc. (COOP)

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Company Calendar

Last Earnings: 10/25/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/09/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:COOP
CUSIP: N/A
CIK: 933136
Web: mrcoopergroup.com
Phone: (469) 549-2000
Fax: N/A
Employees: 6,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $68.83
High Stock Price Target: $79.00
Low Stock Price Target: $59.00
Potential Upside/Downside: +9.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.66
Trailing P/E Ratio: 9.42
Forward P/E Ratio: 8.58
P/E Growth: N/A
Net Income: $923 million
Net Margins: 26.88%
Pretax Margin: 33.96%
Return on Equity: 10.91%
Return on Assets: 3.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.29
Quick Ratio: 0.29

Sales & Book Value

Annual Sales: $2.46 billion
Price / Sales: 1.68
Cash Flow: $3.22 per share
Price / Cash Flow: 19.49
Book Value: $57.49 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 65,860,000
Free Float: 63,812,000
Market Cap: $4.13 billion
Optionable: Not Optionable
Beta: 1.50

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Key Executives

Mr. Jesse K. Bray (Age 56)
Chairman & CEO
Comp: $3.51M
Mr. Christopher G. Marshall (Age 63)
Vice Chairman & President
Comp: $2.26M
Mr. Kurt G. Johnson (Age 52)
Executive VP & CFO
Comp: $873.78k
Mr. Michael R. Rawls (Age 53)
Executive VP & CEO of Xome
Comp: $1.22M
Mr. Sridhar Sharma
Executive VP & Chief Information Officer
Ms. Kelly Ann Doherty
Executive VP & Chief Administrative Officer
Mr. Kenneth A. Posner (Age 60)
Senior Vice President of Strategic Planning & Investor Relations
Mr. Carlos M. Pelayo
Executive VP & Chief Legal Officer
Ms. Christine Paxton
Executive VP and Chief Risk & Compliance Officer
Christen Reyenga
Vice President of Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COOP Stock Analysis - Frequently Asked Questions

Should I buy or sell Mr. Cooper Group stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" COOP shares.
View COOP analyst ratings or view top-rated stocks.
What is Mr. Cooper Group's stock price target for 2024?: 6 analysts have issued 12 month target prices for Mr. Cooper Group's stock. Their COOP share price targets range from $59.00 to $79.00. On average, they expect the company's share price to reach $68.83 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for COOP or view top-rated stocks among Wall Street analysts.
How have COOP shares performed in 2023?: Mr. Cooper Group's stock was trading at $40.13 at the start of the year. Since then, COOP shares have increased by 57.5% and is now trading at $63.20.
View the best growth stocks for 2023 here.
Are investors shorting Mr. Cooper Group?: Mr. Cooper Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,240,000 shares, an increase of 11.7% from the October 31st total of 1,110,000 shares. Based on an average trading volume of 584,200 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.0% of the company's stock are sold short.
View Mr. Cooper Group's Short Interest.
When is Mr. Cooper Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024.
View our COOP earnings forecast.
How were Mr. Cooper Group's earnings last quarter?: Mr. Cooper Group Inc. (NASDAQ:COOP) released its quarterly earnings data on Wednesday, October, 25th. The company reported $2.79 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $1.06. The firm had revenue of $574 million for the quarter, compared to the consensus estimate of $428.03 million. Mr. Cooper Group had a trailing twelve-month return on equity of 10.91% and a net margin of 26.88%.

What ETFs hold Mr. Cooper Group's stock?: ETFs with the largest weight of Mr. Cooper Group (NASDAQ:COOP) stock in their portfolio include Aztlan Global Stock Selection DM SMID ETF (AZTD), Invesco Dorsey Wright Financial Momentum ETF (PFI), Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Bank ETF (KBE), Cambria Shareholder Yield ETF (SYLD) and Invesco DWA SmallCap Momentum ETF (DWAS).
What other stocks do shareholders of Mr. Cooper Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mr. Cooper Group investors own include Rite Aid (RAD), Century Aluminum (CENX), WMIH (WMIH), Advanced Micro Devices (AMD), NVIDIA (NVDA), Pfizer (PFE), Bausch Health Companies (BHC), Cleveland-Cliffs (CLF), Tonix Pharmaceuticals (TNXP) and Enterprise Products Partners (EPD).
Who are Mr. Cooper Group's major shareholders?: Mr. Cooper Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (3.82%), Morgan Stanley (3.09%), Wellington Management Group LLP (2.57%), Assenagon Asset Management S.A. (2.14%), HG Vora Capital Management LLC (1.52%) and Northern Trust Corp (1.28%). Insiders that own company stock include Eldridge A Burns, Eldridge A Burns, Jesse K Bray, Michael R Rawls, Robert H Gidel, Robert H Gidel, Shveta Mujumdar and Wand Investors Corp Kkr.
View institutional ownership trends.
How do I buy shares of Mr. Cooper Group?: Shares of COOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:COOP) was last updated on 12/4/2023 by MarketBeat.com Staff

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Mr. Cooper Group Stock Price, News & Analysis (NASDAQ:COOP)

Mr. Cooper Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Mr. Cooper Group Stock (NASDAQ:COOP)

COOP Stock Price History

COOP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

COOP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™