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

Mr. Cooper Group's stock was trading at $9.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COOP shares have decreased by 26.3% and is now trading at $6.76. View which stocks have been mosted impacted by Coronavirus.

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

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

Mr. Cooper Group Inc (NASDAQ:COOP) posted its quarterly earnings data on Tuesday, February, 25th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.36. The firm had revenue of $618 million for the quarter, compared to analyst estimates of $543.95 million. Mr. Cooper Group had a negative net margin of 5.68% and a positive return on equity of 20.89%. View Mr. Cooper Group's earnings history.

4 brokers have issued twelve-month price objectives for Mr. Cooper Group's stock. Their forecasts range from $12.00 to $21.00. On average, they expect Mr. Cooper Group's stock price to reach $14.75 in the next year. This suggests a possible upside of 118.2% from the stock's current price. View analysts' price targets for Mr. Cooper Group.

Press coverage about COOP stock has been trending extremely negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mr. Cooper Group earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View the latest news aboutMr. Cooper Group.

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

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), NVIDIA (NVDA), Tonix Pharmaceuticals (TNXP), American Airlines Group (AAL), Wells Fargo & Co (WFC) and JPMorgan Chase & Co. (JPM).

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

Mr. Cooper Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (7.36%), Greywolf Capital Management LP (4.33%), OCO Capital Partners L.P. (2.73%), Serengeti Asset Management LP (1.87%), State Street Corp (1.73%) and Nuveen Asset Management LLC (1.30%). 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 Diamond Hill Capital Management Inc., Greywolf Capital Management LP, Serengeti Asset Management LP, 361 Capital LLC, Man Group plc, Virginia Retirement Systems ET AL, Adirondack Research & Management Inc., and Alliancebernstein L.P.. View insider buying and selling activity for Mr. Cooper Group.

COOP stock was purchased by a variety of institutional investors in the last quarter, including OCO Capital Partners L.P., California Public Employees Retirement System, Nuveen Asset Management LLC, Cadence Capital Management LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, State Street Corp, and Goldman Sachs Group Inc.. 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 $6.76.

Mr. Cooper Group has a market capitalization of $615.97 million 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. 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]