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NASDAQ:COOP

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

$83.11
+1.95 (+2.40%)
(As of 01:53 PM ET)
Today's Range
$80.40
$83.36
50-Day Range
$75.49
$84.75
52-Week Range
$45.78
$85.17
Volume
96,880 shs
Average Volume
449,796 shs
Market Capitalization
$5.38 billion
P/E Ratio
8.70
Dividend Yield
N/A
Price Target
$85.13

Mr. Cooper Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
2.4% Upside
$85.13 Price Target
Short Interest
Healthy
2.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
0.42mentions of Mr. Cooper Group in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$7.93 M Sold Last Quarter
Proj. Earnings Growth
17.51%
From $9.48 to $11.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.55 out of 5 stars

Finance Sector

168th out of 888 stocks

Nondepository Credit Institutions Industry

2nd out of 49 stocks

COOP stock logo

About Mr. Cooper Group Stock (NASDAQ:COOP)

Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned. The Originations segment originates residential mortgage loans through its direct-to-consumer and correspondent channels. The company provides its services 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

COOP Stock News Headlines

11 Tips to Get Approved for a Mortgage
Q1 2024 Mr Cooper Group Inc Earnings Call
Mr. Cooper Group Reports First Quarter 2024 Results
Mr. Cooper Q1 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
5/30/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:COOP
Fax
N/A
Employees
6,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$85.13
High Stock Price Target
$100.00
Low Stock Price Target
$66.00
Potential Upside/Downside
+2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$500 million
Pretax Margin
41.96%

Debt

Sales & Book Value

Annual Sales
$1.79 billion
Cash Flow
$8.20 per share
Book Value
$68.06 per share

Miscellaneous

Free Float
63,213,000
Market Cap
$5.35 billion
Optionable
Optionable
Beta
1.41
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Key Executives

  • Mr. Jesse K. Bray (Age 57)
    Chairman & CEO
    Comp: $5.64M
  • Mr. Kurt G. Johnson (Age 53)
    Executive VP & CFO
    Comp: $1.72M
  • Mr. Carlos M. Pelayo (Age 55)
    Executive VP & Chief Legal Officer
    Comp: $1.17M
  • Mr. Michael R. RawlsMr. Michael R. Rawls (Age 54)
    Executive VP & CEO of Xome
    Comp: $1.49M
  • Mr. Michael S. Weinbach (Age 51)
    President
  • Mr. Sridhar Sharma
    Executive VP & Chief Information Officer
  • Ms. Kelly Ann Doherty
    Executive VP & Chief Administrative Officer
  • Mr. Kenneth A. Posner (Age 61)
    Senior Vice President of Strategic Planning & Investor Relations
  • Ms. Christine Paxton
    Executive VP and Chief Risk & Compliance Officer
  • Christen Reyenga
    Vice President of Corporate Communications

COOP Stock Analysis - Frequently Asked Questions

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

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

8 Wall Street research analysts have issued 1 year target prices for Mr. Cooper Group's shares. Their COOP share price targets range from $66.00 to $100.00. On average, they anticipate the company's stock price to reach $85.13 in the next twelve months. This suggests a possible upside of 2.4% 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 2024?

Mr. Cooper Group's stock was trading at $65.12 at the start of the year. Since then, COOP shares have increased by 27.6% and is now trading at $83.11.
View the best growth stocks for 2024 here
.

Are investors shorting Mr. Cooper Group?

Mr. Cooper Group saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,470,000 shares, a drop of 7.5% from the April 30th total of 1,590,000 shares. Based on an average daily volume of 416,900 shares, the short-interest ratio is currently 3.5 days. Currently, 2.4% of the company's shares are short sold.
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, July 24th 2024.
View our COOP earnings forecast
.

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

Mr. Cooper Group Inc. (NASDAQ:COOP) posted its quarterly earnings data on Wednesday, April, 24th. The company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.17. The firm earned $564 million during the quarter, compared to analyst estimates of $498.15 million. Mr. Cooper Group had a net margin of 31.75% and a trailing twelve-month return on equity of 13.31%.

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.85%), Assenagon Asset Management S.A. (1.75%), Cercano Management LLC (0.78%), Price T Rowe Associates Inc. MD (0.60%), Principal Financial Group Inc. (0.58%) and Kennedy Capital Management LLC (0.38%). Insiders that own company stock include Eldridge A Burns, Eldridge A Burns, Jesse K Bray, Michael R Rawls, Michael S Weinbach, Robert H Gidel and Shveta Mujumdar.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:COOP) was last updated on 5/30/2024 by MarketBeat.com Staff

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