NASDAQ:COOP

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

$43.50

-0.49 (-1.11%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $42.50
▼
$43.76
50-Day Range: $39.97
▼
$47.21
52-Week Range: $35.81
▼
$52.34

Volume: 552,191 shs
Average Volume: 810,465 shs
Market Capitalization: $3.12 billion

P/E Ratio: 2.73
Dividend Yield: N/A
Price Target: $57.25

Mr. Cooper Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 31.6% Upside
$57.25 Price Target
Short Interest: Bearish
5.92% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.89
Upright™ Environmental Score
News Sentiment: -0.19
Based on 9 Articles This Week
Insider Trading: Selling Shares
$4.71 M Sold Last Quarter
Proj. Earnings Growth: 128.31%
From $2.72 to $6.21 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Finance Sector

335th out of 887 stocks

Nondepository Credit Institutions Industry

11th out of 35 stocks

3.3

Analyst's Opinion

Consensus Rating
Mr. Cooper Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $57.25, Mr. Cooper Group has a forecasted upside of 31.6% from its current price of $43.50.
Amount of Analyst Coverage
Mr. Cooper Group has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.92% of the float of Mr. Cooper Group has been sold short.
Short Interest Ratio / Days to Cover
Mr. Cooper Group has a short interest ratio ("days to cover") of 6.7.
Change versus previous month
Short interest in Mr. Cooper Group has recently increased by 0.26%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Mr. Cooper Group does not currently pay a dividend.
Dividend Growth
Mr. Cooper Group does not have a long track record of dividend growth.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mr. Cooper Group has received a 33.69% net impact score from Upright. Mr. Cooper seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Mortgages provided by online banks", "Transactional services for residential property", and "Real estate transaction advisory" products. See details.
Environmental Sustainability
The Environmental Impact score for Mr. Cooper Group is -0.89.

2.1

News and Social Media Coverage

News Sentiment
Mr. Cooper Group has a news sentiment score of -0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Mr. Cooper Group this week, compared to 3 articles on an average week.
Search Interest
5 people have searched for COOP on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
4 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mr. Cooper Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,706,130.00 in company stock.
Percentage Held by Insiders
Only 2.59% of the stock of Mr. Cooper Group is held by insiders.
Percentage Held by Institutions
86.68% of the stock of Mr. Cooper Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Mr. Cooper Group are expected to grow by 128.31% in the coming year, from $2.72 to $6.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mr. Cooper Group is 2.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mr. Cooper Group is 2.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.10.
Price to Book Value per Share Ratio
Mr. Cooper Group has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mr. Cooper Group (NASDAQ:COOP) Stock

Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers and brokers. 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. was incorporated in 2015 and is based in Coppell, Texas.

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COOP Stock News Headlines

October 5, 2022 | msn.com

Nottingham Forest must answer two big questions before drastic Steve Cooper decision

October 5, 2022 | finance.yahoo.com

Mr. Cooper Group Inc. to Discuss Third Quarter 2022 Financial Results on October 26, 2022

October 4, 2022 | nasdaq.com

Mr Cooper Group (COOP) Shares Cross Above 200 DMA

October 4, 2022 | finance.yahoo.com

Xome Appoints Chief Technology Officer

October 3, 2022 | benzinga.com

Solomon Partners to Launch Software, Data and Analytics Group With the Hiring of Industry Veteran Craig Muir

October 2, 2022 | msn.com

Phone call from Widnes man stopped far right terror plot

September 30, 2022 | msn.com

Gov. Cooper’s office releases statement following WECT report into Columbus Co. Sheriff’s racist comments

September 28, 2022 | msn.com

How Dallas’ Good Records became the Alice Cooper capital of the world

September 24, 2022 | msn.com

How a Far Right paedophile terrorist's twisted plot to kill an MP was thwarted by a reformed neo-Nazi

September 23, 2022 | msn.com

What does Origin Energy backing out of gas exploration mean for the Channel Country?

September 22, 2022 | msn.com

Alice Cooper hits links with GR Community College coaches prior to concert

September 20, 2022 | msn.com

Labour MP targeted in neo-Nazi murder plot quits

September 18, 2022 | msn.com

The ideal win? Look again at Amari Cooper? Blown coverages? – Terry’s Talkin’ Browns

September 15, 2022 | msn.com

Minister appoints independent consultant to investigate millennia-old rock art on WA's Burrup Peninsula

September 12, 2022 | finance.yahoo.com

Mr. Cooper Group's (NASDAQ:COOP) 61% CAGR outpaced the company's earnings growth over the same three-year period

September 10, 2022 | msn.com

With success coming again, Garrett Cooper hopes to put ‘pretty crappy’ slump behind him

September 8, 2022 | nasdaq.com

COOP October 28th Options Begin Trading

September 6, 2022 | nytimes.com

Former Pentagon Leaders Warn of a Dangerous Era

August 31, 2022 | msn.com

Teenager found dead at Westcountry beach after ending his life during mock exams

August 30, 2022 | msn.com

Exmouth teenager ended his life during mock exams

August 29, 2022 | msn.com

War in Ukraine: Russian state TV claims UK was behind killing of Aleksandr Dugin's daughter – due to national ‘weakness’ for Mini Cooper

August 28, 2022 | msn.com

MEET THE STINGRAY WHISPERER [INTIMATE TOUR TEACHES YOU TO FEED STINGRAYS]

August 22, 2022 | nasdaq.com

COOP Makes Notable Cross Below Critical Moving Average

August 20, 2022 | msn.com

Everton vs Nottingham Forest: The Opposition View | A return to Goodison Park after two decades

August 18, 2022 | msn.com

CEO of mortgage firm Mr. Cooper plans to sell up to 252,000 shares

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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COOP Company Calendar

Last Earnings: 7/27/2022
Today: 10/05/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:COOP
CUSIP: N/A
CIK: 933136
Web: mrcoopergroup.com
Phone: (469) 549-2000
Fax: N/A
Employees: 8,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $57.25
High Stock Price Forecast: $71.00
Low Stock Price Forecast: $43.00
Forecasted Upside/Downside: +31.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $15.92
Trailing P/E Ratio: 2.73
Forward P/E Ratio: 15.99
P/E Growth: N/A
Net Income: $1.45 billion
Net Margins: 39.35%
Pretax Margin: 54.72%
Return on Equity: 11.01%
Return on Assets: 2.55%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.31
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $3.32 billion
Price / Sales: 0.94
Cash Flow: $11.39 per share
Price / Cash Flow: 3.82
Book Value: $44.82 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 71,650,000
Free Float: 69,794,000
Market Cap: $3.12 billion
Optionable: Not Optionable
Beta: 1.47

Key Executives

Mr. Jesse K. Bray (Age 55)
Chairman & CEO
Comp: $4.01M

Mr. Christopher G. Marshall (Age 62)
Vice Chairman & Pres
Comp: $2.76M

Mr. Michael R. Rawls (Age 52)
Exec. VP & CEO of Xome
Comp: $2.51M

Mr. Jaime Gow
Exec. VP & CFO

Mr. Sridhar Sharma
Exec. VP & Chief Information Officer

Ms. Kelly Ann Doherty
Exec. VP & Chief Admin. Officer

Mr. Kenneth A. Posner (Age 59)
Sr. VP of Strategic Planning & Investor Relations

Mr. Kurt G. Johnson (Age 52)
Exec. VP, Chief Risk & Compliance Officer

Christen Reyenga
VP of Corp. Communications

Ms. Angela Greenfeather
Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COOP Stock - Frequently Asked Questions

Should I buy or sell Mr. Cooper Group stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last twelve months. 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.
What is Mr. Cooper Group's stock price forecast for 2022?: 4 Wall Street analysts have issued 1 year price targets for Mr. Cooper Group's stock. Their COOP share price forecasts range from $43.00 to $71.00. On average, they expect the company's share price to reach $57.25 in the next twelve months. This suggests a possible upside of 31.6% 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 2022?: Mr. Cooper Group's stock was trading at $41.61 at the beginning of 2022. Since then, COOP shares have increased by 4.5% and is now trading at $43.50.
View the best growth stocks for 2022 here.
When is Mr. Cooper Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our COOP earnings forecast.
How were Mr. Cooper Group's earnings last quarter?: Mr. Cooper Group Inc. (NASDAQ:COOP) posted its earnings results on Wednesday, July, 27th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.15. The company earned $599 million during the quarter, compared to analysts' expectations of $434.70 million. Mr. Cooper Group had a trailing twelve-month return on equity of 11.01% and a net margin of 39.35%.

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).
What is Mr. Cooper Group's stock symbol?: Mr. Cooper Group trades on the NASDAQ under the ticker symbol "COOP."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Mr. Cooper Group's stock price today?: One share of COOP stock can currently be purchased for approximately $43.50.
How much money does Mr. Cooper Group make?: Mr. Cooper Group (NASDAQ:COOP) has a market capitalization of $3.12 billion and generates $3.32 billion in revenue each year. The company earns $1.45 billion in net income (profit) each year or $15.92 on an earnings per share basis.
How many employees does Mr. Cooper Group have?: The company employs 8,200 workers across the globe.
How can I contact Mr. Cooper Group?: 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.

This page (NASDAQ:COOP) was last updated on 10/5/2022 by MarketBeat.com Staff

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

Mr. Cooper Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows