NASDAQ:COOP

Mr. Cooper Group Stock Forecast, Price & News

$32.66

-1.01 (-3.00 %)

(As of 06/18/2021 12:00 AM ET)

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Today's Range

$32.52

▼

$33.75

50-Day Range

$31.36

▼

$34.65

52-Week Range

$11.47

▼

$37.90

Volume1.78 million shs

Average Volume836,301 shs

Market Capitalization$2.81 billion

P/E Ratio3.00

Dividend YieldN/A

Beta1.65

30 days | 90 days | 365 days | Advanced Chart

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About Mr. Cooper Group

Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. 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. The Xome segment offers a range of real estate services, such as title, valuation, and field services to mortgage originators, mortgage and real estate investors, and mortgage servicers. This segment also operates an exchange that facilitates the management and selling of residential properties through its website, Xome.com. 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. is based in Coppell, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:COOP
Previous Symbol
CUSIPN/A
CIKN/A
Webmrcoopergroup.com
Phone469-549-2000
Employees9,800
Year FoundedN/A

Sales & Book Value

Annual Sales$2.73 billion
Price / Sales1.03
Cash Flow$10.64 per share
Price / Cash Flow3.07
Book Value$27.56 per share
Price / Book1.19

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares86,135,000
Market Cap$2.81 billion
Next Earnings Date7/29/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.33 out of 5 stars

Finance Sector

831st out of 1,969 stocks

Nondepository Credit Institutions Industry

19th out of 58 stocks

1.3 Analyst's Opinion

Consensus Rating
Mr. Cooper Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.13, Mr. Cooper Group has a forecasted upside of 4.5% from its current price of $32.66.
Amount of Analyst Coverage
Mr. Cooper Group has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Mr. Cooper Group has received 160 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Mr. Cooper Group has received 174 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Mr. Cooper Group has received 52.10% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Mr. Cooper Group and other stocks. Vote “Outperform” if you believe COOP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe COOP will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

1.7 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 $119,553,763.00 in company stock.
Percentage Held by Insiders
Only 2.17% of the stock of Mr. Cooper Group is held by insiders.
Percentage Held by Institutions
83.23% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Mr. Cooper Group are expected to decrease by -29.54% in the coming year, from $7.55 to $5.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mr. Cooper Group is 3.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mr. Cooper Group is 3.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.49.
Price to Book Value per Share Ratio
Mr. Cooper Group has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Mr. Cooper Group (NASDAQ:COOP) Frequently Asked Questions

Is Mr. Cooper Group a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mr. Cooper Group stock.
View analyst ratings for Mr. Cooper Group or view top-rated stocks.

What stocks does MarketBeat like better than Mr. Cooper Group?

Wall Street analysts have given Mr. Cooper Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Mr. Cooper Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Mr. Cooper Group's next earnings date?

Mr. Cooper Group is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Mr. Cooper Group.

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

Mr. Cooper Group Inc. (NASDAQ:COOP) posted its earnings results on Thursday, April, 29th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.60. The company had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $936.27 million. Mr. Cooper Group had a trailing twelve-month return on equity of 42.57% and a net margin of 27.70%.
View Mr. Cooper Group's earnings history.

How has Mr. Cooper Group's stock price been impacted by Coronavirus (COVID-19)?

Mr. Cooper Group's stock was trading at $9.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, COOP shares have increased by 256.2% and is now trading at $32.66.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for COOP?

9 analysts have issued 1 year price objectives for Mr. Cooper Group's shares. Their forecasts range from $14.00 to $43.00. On average, they expect Mr. Cooper Group's share price to reach $34.13 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for Mr. Cooper Group or view top-rated stocks among Wall Street analysts.

Who are Mr. Cooper Group's key executives?

Mr. Cooper Group's management team includes the following people:

Mr. Jay Bray, Chairman, Pres & CEO (Age 54, Pay $5.76M)
Mr. Christopher G. Marshall, Vice Chairman & CFO (Age 61, Pay $4.25M)
Mr. Anthony L. Ebers, Exec. VP & COO (Age 55, Pay $4.26M)
Mr. Eldridge A. Burns Jr., Exec. VP & Chief Legal Officer (Age 52, Pay $702.51k)
Mr. Michael R. Rawls, Exec. VP & CEO of Xome (Age 51, Pay $2.08M)
Mr. Sridhar Sharma, Exec. VP & Chief Information Officer
Mr. Kenneth A. Posner, Sr. VP of Strategic Planning & Investor Relations (Age 58)
Mr. Kurt G. Johnson, Exec. VP, Chief Risk & Compliance Officer
Ms. Kelly Ann Doherty, Exec. VP and Chief People & Communications Officer
Mr. Charles Edward Smith, Exec. VP & Assistant Sec. (Age 51)

Who are some of Mr. Cooper Group's key competitors?

Some companies that are related to Mr. Cooper Group include Hargreaves Lansdown (HRGLY), Upstart (UPST), 360 DigiTech (QFIN), SBI (SBHGF), loanDepot (LDI), Walker & Dunlop (WD), Green Dot (GDOT), LexinFintech (LX), AMTD International (HKIB), Sprott (SII), Blucora (BCOR), Qudian (QD), CURO Group (CURO), SOS (SOS) and Oportun Financial (OPRT).
View all of COOP's competitors.

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."

Who are Mr. Cooper Group's major shareholders?

Mr. Cooper Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.16%), Kohlberg Kravis Roberts & Co. L.P. (12.86%), Diamond Hill Capital Management Inc. (3.49%), Dimensional Fund Advisors LP (3.32%), Morgan Stanley (2.51%) and Inherent Group LP (1.46%). Company insiders that own Mr. Cooper Group stock include Christopher G Marshall, Robert H Gidel and Wand Investors Corp Kkr.
View institutional ownership trends for Mr. Cooper Group.

Which institutional investors are selling Mr. Cooper Group stock?

COOP stock was sold by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., OCO Capital Partners L.P., Nierenberg Investment Management Company Inc., Diamond Hill Capital Management Inc., Boston Partners, Inherent Group LP, Schroder Investment Management Group, and Barclays PLC. Company insiders that have sold Mr. Cooper Group company stock in the last year include Robert H Gidel, and Wand Investors Corp Kkr.
View insider buying and selling activity for Mr. Cooper Group or view top insider-selling stocks.

Which institutional investors are buying Mr. Cooper Group stock?

COOP stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Penserra Capital Management LLC, JPMorgan Chase & Co., Brandywine Global Investment Management LLC, Amundi Asset Management US Inc., Goldman Sachs Group Inc., Ameriprise Financial Inc., and Geode Capital Management LLC.
View insider buying and selling activity for Mr. Cooper Group or or view top insider-buying stocks.

How do I buy shares of 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 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 $32.66.

How much money does Mr. Cooper Group make?

Mr. Cooper Group has a market capitalization of $2.81 billion and generates $2.73 billion in revenue each year. The company earns $305 million in net income (profit) each year or $9.27 on an earnings per share basis.

How many employees does Mr. Cooper Group have?

Mr. Cooper Group employs 9,800 workers across the globe.

What is Mr. Cooper Group's official website?

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

Where are Mr. Cooper Group's headquarters?

Mr. Cooper Group is headquartered at 8950 Cypress Waters Blvd, Coppell TX, 75019.

How can I contact Mr. Cooper Group?

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]

This page was last updated on 6/19/2021 by MarketBeat.com Staff

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