NASDAQ:COOPMr. Cooper Group Stock Price, Forecast & News

Mr. Cooper Group's stock was trading at $9.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, COOP shares have increased by 21.6% and is now trading at $11.15. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mr. Cooper Group.

Mr. Cooper Group is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Mr. Cooper Group.

Mr. Cooper Group Inc (NASDAQ:COOP) announced its quarterly earnings data on Thursday, April, 30th. The company reported $1.05 EPS for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.03. The company had revenue of $278 million for the quarter, compared to analysts' expectations of $418.35 million. Mr. Cooper Group had a negative net margin of 4.65% and a positive return on equity of 22.68%. View Mr. Cooper Group's earnings history.

5 brokers have issued twelve-month price targets for Mr. Cooper Group's shares. Their forecasts range from $12.00 to $21.00. On average, they anticipate Mr. Cooper Group's share price to reach $14.80 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View analysts' price targets for Mr. Cooper Group.

News headlines about COOP stock have trended negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Mr. Cooper Group earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutMr. Cooper Group.

Mr. Cooper Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 4,870,000 shares, an increase of 6.3% from the April 30th total of 4,580,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is presently 4.6 days. Approximately 6.6% of the shares of the stock are sold short. View Mr. Cooper Group's Current Options Chain.

Some companies that are related to Mr. Cooper Group include Green Dot (GDOT), 360 Finance (QFIN), LexinFintech (LX), Walker & Dunlop (WD), Blucora (BCOR), Qudian (QD), Yirendai (YRD), America First Multifamily Investors (ATAX), Curo Group (CURO), Oportun Financial (OPRT), CNFinance (CNF), Wins Finance (WINS), Security National Financial (SNFCA), Weidai (WEI) and Jiayin Group (JFIN). View all competitors.

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), Cleveland-Cliffs (CLF), Lantronix (LTRX), American Airlines Group (AAL), Tonix Pharmaceuticals (TNXP), Advanced Micro Devices (AMD), Bausch Health Companies (BHC) and Cerus (CERS).

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

Mr. Cooper Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (7.17%), BlackRock Inc. (5.97%), OCO Capital Partners L.P. (3.15%), Morgan Stanley (2.90%), Morgan Stanley (2.90%) and State Street Corp (1.64%). Company insiders that own Mr. Cooper Group stock include Christopher G Marshall and Jesse K Bray. View institutional ownership trends for Mr. Cooper Group.

COOP stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, GVO Asset Management Ltd, Serengeti Asset Management LP, Diamond Hill Capital Management Inc., State Street Corp, Adirondack Research & Management Inc., Wells Fargo & Company MN, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Mr. Cooper Group.

COOP stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., OCO Capital Partners L.P., Invesco Ltd., Mackenzie Financial Corp, Morgan Stanley, Morgan Stanley, Monarch Partners Asset Management LLC, and Geode Capital Management LLC. 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.

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.

One share of COOP stock can currently be purchased for approximately $11.15.

Mr. Cooper Group has a market capitalization of $1.03 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.

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

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]