NASDAQ:COOP - Mr. Cooper Group Stock Price, News & Analysis

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

Mr. Cooper Group Inc (NASDAQ:COOP) posted its quarterly earnings data on Thursday, August, 1st. The company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.96. The business had revenue of $399 million for the quarter, compared to analysts' expectations of $249.10 million. Mr. Cooper Group had a return on equity of 52.72% and a net margin of 38.88%. View Mr. Cooper Group's Earnings History.

Mr. Cooper Group is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Mr. Cooper Group.

4 analysts have issued 12-month price objectives for Mr. Cooper Group's shares. Their forecasts range from $12.00 to $21.00. On average, they anticipate Mr. Cooper Group's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 55.8% from the stock's current price. View Analyst Price Targets for Mr. Cooper Group.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mr. Cooper Group.

Media stories about COOP stock have been trending negative on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mr. Cooper Group earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Mr. Cooper Group.

Mr. Cooper Group saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 6,199,500 shares, a decrease of 8.1% from the July 31st total of 6,749,300 shares. Based on an average daily volume of 817,000 shares, the days-to-cover ratio is presently 7.6 days. Currently, 8.5% 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 Qudian (QD), LexinFintech (LX), Walker & Dunlop (WD), Green Dot (GDOT), 360 Finance (QFIN), Blucora (BCOR), Jiayin Group (JFIN), Curo Group (CURO), Fincera (YUANF), Yirendai (YRD), America First Multifamily Investors (ATAX), X Financial (XYF), Weidai (WEI), Wins Finance (WINS) and CNFinance (CNF).

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), Advanced Micro Devices (AMD), Celgene (CELG), Akorn (AKRX) and Tonix Pharmaceuticals (TNXP).

Mr. Cooper Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (9.45%), BlackRock Inc. (4.98%), Vanguard Group Inc. (2.96%), Cooperman Leon G (0.98%), Clearline Capital LP (0.86%) and Northern Trust Corp (0.86%). 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 Vanguard Group Inc., Wells Fargo & Company MN, Bank of America Corp DE, Renaissance Technologies LLC, CQS Cayman LP, Morgan Stanley, AQR Capital Management LLC and Dupont Capital Management Corp. View Insider Buying and Selling for Mr. Cooper Group.

COOP stock was acquired by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Nomura Holdings Inc., Nomura Holdings Inc., Diamond Hill Capital Management Inc., Nuveen Asset Management LLC, Diameter Capital Partners LP, Zacks Investment Management and Bogle Investment Management L P DE. 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 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 $10.91.

Mr. Cooper Group has a market capitalization of $993.64 million and generates $1.79 billion in revenue each year. Mr. Cooper Group employs 8,500 workers across the globe.View Additional Information About Mr. Cooper Group.

The official website for Mr. Cooper Group is http://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]