Mr. Cooper Group - COOP Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" COOP shares.
View COOP analyst ratings or view top-rated stocks.

4 analysts have issued 1 year price targets for Mr. Cooper Group's stock. Their COOP share price forecasts range from $41.00 to $64.00. On average, they predict the company's share price to reach $55.80 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for COOP or view top-rated stocks among Wall Street analysts.

Mr. Cooper Group's stock was trading at $40.13 at the start of the year. Since then, COOP shares have increased by 14.0% and is now trading at $45.75.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 10th 2023.
View our COOP earnings forecast.

Mr. Cooper Group will be holding an earnings conference call on Friday, February 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Mr. Cooper Group Inc. (NASDAQ:COOP) issued its earnings results on Thursday, October, 28th. The company reported $2.42 EPS for the quarter, beating the consensus estimate of $1.97 by $0.45. The company earned $860 million during the quarter, compared to the consensus estimate of $648.32 million. Mr. Cooper Group had a trailing twelve-month return on equity of 6.35% and a net margin of 38.66%. The firm's revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the business posted $2.76 earnings per share.

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).

Mr. Cooper Group trades on the NASDAQ under the ticker symbol "COOP."

Mr. Cooper Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.60%), Hennessy Advisors Inc. (0.09%), State of Alaska Department of Revenue (0.07%), Yousif Capital Management LLC (0.07%), Comerica Bank (0.06%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Christopher G Marshall, Eldridge A Burns, Eldridge A Burns, Jesse K Bray, Robert H Gidel, Robert H Gidel and Wand Investors Corp Kkr.
View institutional ownership trends.

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.

One share of COOP stock can currently be purchased for approximately $45.75.

Mr. Cooper Group (NASDAQ:COOP) has a market capitalization of $3.23 billion and generates $3.32 billion in revenue each year. The company earns $1.45 billion in net income (profit) each year or $14.18 on an earnings per share basis.

The company employs 8,200 workers across the globe.

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.