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NASDAQ:COOP

Mr. Cooper Group Stock Forecast, Price & News

$21.08
-0.04 (-0.19 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$20.64
Now: $21.08
$21.40
50-Day Range
$20.33
MA: $22.54
$24.48
52-Week Range
$4.31
Now: $21.08
$25.14
Volume1.06 million shs
Average Volume971,545 shs
Market Capitalization$1.94 billion
P/E Ratio10.49
Dividend YieldN/A
Beta1.26
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through Servicing, Originations, and Xome segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, mortgage professionals, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. 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. is based in Coppell, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.36 out of 5 stars

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:COOP
CUSIPN/A
CIKN/A
Phone469-549-2000
Employees9,100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.85 billion
Cash Flow$4.24 per share
Book Value$24.49 per share

Profitability

Net Income$274 million

Miscellaneous

Market Cap$1.94 billion
Next Earnings Date2/23/2021 (Estimated)
OptionableNot Optionable
$21.08
-0.04 (-0.19 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mr. Cooper Group (NASDAQ:COOP) Frequently Asked Questions

How has Mr. Cooper Group's stock price been impacted by COVID-19?

Mr. Cooper Group's stock was trading at $9.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, COOP stock has increased by 129.9% and is now trading at $21.08.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Mr. Cooper Group?

6 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Mr. Cooper Group
.

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

Mr. Cooper Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Mr. Cooper Group
.

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

Mr. Cooper Group Inc. (NASDAQ:COOP) posted its earnings results on Thursday, April, 30th. The company reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.03. The business earned $278 million during the quarter, compared to the consensus estimate of $418.35 million. Mr. Cooper Group had a net margin of 3.26% and a return on equity of 28.55%.
View Mr. Cooper Group's earnings history
.

What price target have analysts set for COOP?

6 Wall Street analysts have issued 12 month price objectives for Mr. Cooper Group's stock. Their forecasts range from $13.00 to $30.00. On average, they expect Mr. Cooper Group's stock price to reach $23.00 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts' price targets for Mr. Cooper Group
.

Are investors shorting Mr. Cooper Group?

Mr. Cooper Group saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 7,810,000 shares, a decrease of 13.7% from the September 30th total of 9,050,000 shares. Based on an average daily volume of 1,390,000 shares, the short-interest ratio is presently 5.6 days. Currently, 10.6% of the shares of the stock are sold short.
View Mr. Cooper Group's Short Interest
.

Who are some of Mr. Cooper Group's key competitors?

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 key executives?

Mr. Cooper Group's management team includes the following people:
  • Mr. Jay Bray, Chairman, Pres & CEO (Age 53, Pay $6.19M)
  • Mr. Christopher G. Marshall, Vice Chairman & CFO (Age 60, Pay $3.5M)
  • Mr. Anthony L. Ebers, Exec. VP & COO (Age 54, Pay $3.78M)
  • Mr. Michael R. Rawls, Exec. VP & CEO of Xome (Age 50, Pay $2.19M)
  • Mr. Sridhar Sharma, Exec. VP & Chief Information Officer
  • Mr. Kenneth A. Posner, Sr. VP of Strategic Planning & Investor Relations (Age 57)
  • Mr. Steve Covington, Exec. VP, Chief Risk Officer & Compliance Officer
  • Mr. Eldridge A. Burns Jr., Exec. VP & Chief Legal Officer (Age 51)
  • Ms. Kelly Ann Doherty, Exec. VP and Chief People & Communications Officer
  • Mr. Charles Edward Smith, Exec. VP & Assistant Sec. (Age 50)

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 institutional and retail investors. Top institutional investors include OCO Capital Partners L.P. (2.55%), Comerica Bank (0.08%), Ziegler Capital Management LLC (0.08%), State of Alaska Department of Revenue (0.07%), Wiley BROS. Aintree Capital LLC (0.07%) and Alberta Investment Management Corp (0.07%). Company insiders that own Mr. Cooper Group stock include Christopher G Marshall and Jesse K Bray.
View institutional ownership trends for Mr. Cooper Group
.

Which major investors are selling Mr. Cooper Group stock?

COOP stock was sold by a variety of institutional investors in the last quarter, including OCO Capital Partners L.P., Wiley BROS. Aintree Capital LLC, and Ziegler Capital Management LLC.
View insider buying and selling activity for Mr. Cooper Group
.

Which major investors are buying Mr. Cooper Group stock?

COOP stock was acquired by a variety of institutional investors in the last quarter, including Comerica Bank, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, M&G Investment Management Ltd., Convergence Investment Partners LLC, Alberta Investment Management Corp, Bowling Portfolio Management LLC, and First Hawaiian Bank. Company insiders that have bought Mr. Cooper Group stock in the last two years include Christopher G Marshall, and Jesse K Bray.
View insider buying and selling activity for Mr. Cooper Group
.

How do I buy shares of Mr. Cooper Group?

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

What is Mr. Cooper Group's stock price today?

One share of COOP stock can currently be purchased for approximately $21.08.

How big of a company is Mr. Cooper Group?

Mr. Cooper Group has a market capitalization of $1.94 billion and generates $1.85 billion in revenue each year. The company earns $274 million in net income (profit) each year or $3.80 on an earnings per share basis. Mr. Cooper Group employs 9,100 workers across the globe.

What is Mr. Cooper Group's official website?

The official website for Mr. Cooper Group is mrcoopergroup.com.

How can I contact Mr. Cooper Group?

Mr. Cooper Group's mailing address is 8950 Cypress Waters Blvd, Coppell TX, 75019. The company can be reached via phone at 469-549-2000 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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