NASDAQ:COOP

Mr. Cooper Group (COOP) Stock Forecast, Price & News

$53.53

+0.65 (+1.23%)

(As of 09/27/2023 ET)

Compare

Today's Range: $52.84
▼
$54.00
50-Day Range: $52.87
▼
$59.48
52-Week Range: $37.54
▼
$60.68

Volume: 379,126 shs
Average Volume: 607,734 shs
Market Capitalization: $3.58 billion

P/E Ratio: 12.90
Dividend Yield: N/A
Price Target: $63.00

Mr. Cooper Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 17.7% Upside
$63.00 Price Target
Short Interest: Healthy
2.01% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.88
Upright™ Environmental Score
News Sentiment: 0.69
Based on 5 Articles This Week
Insider Trading: Selling Shares
$5.41 M Sold Last Quarter
Proj. Earnings Growth: 29.30%
From $6.28 to $8.12 Per Share

Overall MarketRank^™

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

2.76 out of 5 stars

Finance Sector

213th out of 863 stocks

Nondepository Credit Institutions Industry

6th out of 44 stocks

2.4

Analyst's Opinion

Consensus Rating
Mr. Cooper Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.00, Mr. Cooper Group has a forecasted upside of 17.7% from its current price of $53.53.
Amount of Analyst Coverage
Mr. Cooper Group has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.01% 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 decreased by 5.38%, indicating that investor sentiment is improving 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.

2.0

News and Social Media Coverage

News Sentiment
Mr. Cooper Group has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Mr. Cooper Group this week, compared to 5 articles on an average week.
MarketBeat Follows
2 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $5,411,520.00 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.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Mr. Cooper Group are expected to grow by 29.30% in the coming year, from $6.28 to $8.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mr. Cooper Group is 12.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mr. Cooper Group is 12.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 83.66.
Price to Book Value per Share Ratio
Mr. Cooper Group has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mr. Cooper Group (NASDAQ:COOP) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

COOP Stock News Headlines

September 25, 2023 | sports.yahoo.com

Browns Twitter flames NFL officials after robbing Amari Cooper of a touchdown vs. Titans

September 21, 2023 | americanbankingnews.com

Mr. Cooper Group Sees Unusually High Options Volume (NASDAQ:COOP)

September 28, 2023 | Stansberry Research (Ad)

U.S. "Shadow Banks" About to Blow up again?

Analyst who called Lehman crash says our biggest calamities (1907, 1929, 2007, etc) all start in the same spot--and it’s about to happen again. More here.

September 20, 2023 | americanbankingnews.com

Mr. Cooper Group (NASDAQ:COOP) Given New $66.00 Price Target at Compass Point

September 20, 2023 | msn.com

Compass Point Maintains Mr. Cooper Group (COOP) Buy Recommendation

September 19, 2023 | msn.com

Alice Cooper to open 3rd teen center in metro Phoenix. Here's where and when

September 14, 2023 | yahoo.com

Lilli Cooper Says It’s ‘Full Circle’ to Raise Kids Alongside ‘Spring Awakening’ Costar Lea Michele

September 14, 2023 | msn.com

Anderson Cooper and his ex-boyfriend are having “the best time” living together & co-parenting their sons

September 28, 2023 | Chaikin Analytics (Ad)

His system isolated NVIDIA - Here's His Next Buy.

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September 14, 2023 | msn.com

Paterson moves to dismiss civil lawsuit in 'reasonable' police shooting of Khalif Cooper

September 13, 2023 | nytimes.com

Senator’s Blockade of Military Promotions Begins to Cut Deep

September 11, 2023 | news.yahoo.com

Look Back ... to arresting developments in Hobson City, 1998

September 5, 2023 | finance.yahoo.com

Zacks.com featured highlights include Commercial Vehicle Group, Urban Outfitters, Mr. Cooper Group, DMC Global and GigaCloud Technology

September 4, 2023 | msn.com

Best Alice Cooper Cameos in Movies and TV, Ranked

September 1, 2023 | msn.com

Mini’s New EV Cooper and Countryman Models Add Power and Range

August 30, 2023 | usatoday.com

Joe Cooper, Rodney Newsom's son, joins Memphis basketball team as a walk-on

August 29, 2023 | msn.com

Kilmuckridge Tidy Towns gets a cash injection

August 28, 2023 | msn.com

Classic cars raise cash for Cooper band

August 26, 2023 | msn.com

Deputies: 2 juveniles fire shots in Cooper Twp.

August 22, 2023 | abcnews.go.com

Music Review: Alice Cooper hits the 'Road' again with touring-themed concept album

August 20, 2023 | investing.com

Mr. Cooper Group Inc (COOP)

August 20, 2023 | msn.com

Bradley Cooper has been accused of 'Jewface' but Hollywood's history with fake noses runs deeper

August 19, 2023 | finance.yahoo.com

Mr. Cooper Group Inc. (NASDAQ:COOP) is largely controlled by institutional shareholders who own 87% of the company

August 16, 2023 | nytimes.com

North Carolina Bans Transgender Care for Minors as Republicans Override Veto

August 14, 2023 | msn.com

On The Beach founder Simon Cooper invests further £2.5m to become second largest shareholder

August 3, 2023 | bizjournals.com

Mr. Cooper completes two acquisitions, closing in on $1 trillion mortgage servicing target

August 2, 2023 | seekingalpha.com

Mr. Cooper Group: Strong Buybacks Are What Make Me Stay

See More Headlines

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COOP Company Calendar

Last Earnings: 7/26/2023
Today: 9/27/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $63.00
High Stock Price Forecast: $72.00
Low Stock Price Forecast: $48.00
Forecasted Upside/Downside: +17.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.15
Trailing P/E Ratio: 12.91
Forward P/E Ratio: 8.53
P/E Growth: N/A
Net Income: $923 million
Net Margins: 17.99%
Pretax Margin: 23.08%
Return on Equity: 7.42%
Return on Assets: 2.34%

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: 1.45
Cash Flow: $3.25 per share
Price / Cash Flow: 16.49
Book Value: $57.49 per share
Price / Book: 0.93

Miscellaneous

Outstanding Shares: 66,850,000
Free Float: 64,770,000
Market Cap: $3.58 billion
Optionable: Not Optionable
Beta: 1.58

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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 & Pres
Comp: $2.26M

Mr. Kurt G. Johnson (Age 52)
Exec. VP & CFO
Comp: $873.78k

Mr. Michael R. Rawls (Age 53)
Exec. VP & CEO of Xome
Comp: $1.22M

Mr. Jaime Gow
Strategic Advisor

Mr. Sridhar Sharma
Exec. VP & Chief Information Officer

Ms. Kelly Ann Doherty
Exec. VP & Chief Admin. Officer

Mr. Kenneth A. Posner (Age 60)
Sr. VP of Strategic Planning & Investor Relations

Mr. Carlos M. Pelayo
Exec. VP & Chief Legal Officer

Ms. Christine Paxton
Exec. VP and Chief Risk & Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COOP Stock - Frequently Asked Questions

Should I buy or sell Mr. Cooper Group stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" COOP shares.
View COOP analyst ratings or view top-rated stocks.
What is Mr. Cooper Group's stock price forecast for 2023?: 5 Wall Street analysts have issued twelve-month target prices for Mr. Cooper Group's shares. Their COOP share price forecasts range from $48.00 to $72.00. On average, they anticipate the company's share price to reach $63.00 in the next twelve months. This suggests a possible upside of 17.6% 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 beginning of the year. Since then, COOP stock has increased by 33.5% and is now trading at $53.59.
View the best growth stocks for 2023 here.
Are investors shorting Mr. Cooper Group?: Mr. Cooper Group saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,230,000 shares, a decline of 5.4% from the August 31st total of 1,300,000 shares. Based on an average daily trading volume, of 594,200 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.0% of the shares of the 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 Wednesday, October 25th 2023.
View our COOP earnings forecast.
How were Mr. Cooper Group's earnings last quarter?: Mr. Cooper Group Inc. (NASDAQ:COOP) announced its quarterly earnings results on Wednesday, July, 26th. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.22 by $0.44. The company had revenue of $486 million for the quarter, compared to analyst estimates of $422.27 million. Mr. Cooper Group had a net margin of 17.99% and a trailing twelve-month return on equity of 7.42%.
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).
What is Mr. Cooper Group's stock symbol?: Mr. Cooper Group trades on the NASDAQ under the ticker symbol "COOP."
Who are Mr. Cooper Group's major shareholders?: Mr. Cooper Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.47%), Cooperman Leon G (4.57%), State Street Corp (4.08%), Diamond Hill Capital Management Inc. (3.92%), Dimensional Fund Advisors LP (3.64%) and HG Vora Capital Management LLC (3.37%). Insiders that own company stock include Eldridge A Burns, Eldridge A Burns, Jesse K Bray, Michael R Rawls, Robert H Gidel, Robert H Gidel 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.
What is Mr. Cooper Group's stock price today?: One share of COOP stock can currently be purchased for approximately $53.59.
How much money does Mr. Cooper Group make?: Mr. Cooper Group (NASDAQ:COOP) has a market capitalization of $3.58 billion and generates $2.46 billion in revenue each year. The company earns $923 million in net income (profit) each year or $4.15 on an earnings per share basis.
How many employees does Mr. Cooper Group have?: The company employs 6,600 workers across the globe.
How can I contact Mr. Cooper Group?: Mr. Cooper Group's mailing address is 8950 Cypress Waters Blvd, Coppell TX, 75019. The official website for the company is mrcoopergroup.com. The company can be reached via phone at (469) 549-2000 or via email at investor.relations@wamu.net.

This page (NASDAQ:COOP) was last updated on 9/28/2023 by MarketBeat.com Staff

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