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

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

Mr. Cooper Group Inc (NASDAQ:COOP) released its quarterly earnings data on Thursday, October, 31st. The company reported $1.41 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.97 by $0.44. The company had revenue of $618 million for the quarter, compared to analyst estimates of $594.15 million. Mr. Cooper Group had a positive return on equity of 8.81% and a negative net margin of 21.46%. View Mr. Cooper Group's Earnings History.

Mr. Cooper Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Mr. Cooper Group.

Mr. Cooper Group will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 Wall Street analysts have issued 12-month price objectives for Mr. Cooper Group's stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate Mr. Cooper Group's stock price to reach $15.67 in the next twelve months. This suggests a possible upside of 10.4% 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.

News stories about COOP stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mr. Cooper Group earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the near future. View News Stories for Mr. Cooper Group.

Mr. Cooper Group saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 4,340,000 shares, a decline of 8.8% from the December 31st total of 4,760,000 shares. Based on an average trading volume of 531,600 shares, the days-to-cover ratio is currently 8.2 days. Currently, 6.0% of the company's stock are short sold. View Mr. Cooper Group's Current Options Chain.

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

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 Adamas Pharmaceuticals (ADMS).

Mr. Cooper Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 Geode Capital Management LLC (1.13%). 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 for Mr. Cooper Group.

COOP stock was acquired by a variety of institutional investors in the last quarter, including OCO Capital Partners L.P., California Public Employees Retirement System, Cadence Capital Management LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, State Street Corp, Goldman Sachs Group Inc. and Martingale Asset Management L P. 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 $14.19.

Mr. Cooper Group has a market capitalization of $1.29 billion 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]