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

$10.49
-0.44 (-4.03 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$10.29
Now: $10.49
$10.90
50-Day Range
$7.61
MA: $9.08
$11.04
52-Week Range
$6.57
Now: $10.49
$17.64
Volume1.01 million shs
Average Volume832,073 shs
Market Capitalization$955.39 million
P/E RatioN/A
Dividend YieldN/A
Beta0.45
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for originated and purchased loans, as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. The company 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 headquartered in Coppell, Texas.

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:COOP
CUSIPN/A
CIKN/A
Phone469-549-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.79 billion
Cash Flow$12.3412 per share
Book Value$21.42 per share

Profitability

Net Income$1.04 billion

Miscellaneous

Employees8,500
Market Cap$955.39 million
Next Earnings Date11/7/2019 (Estimated)
OptionableNot Optionable

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

What is Mr. Cooper Group's stock symbol?

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

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

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

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

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

What price target have analysts set for COOP?

4 brokers have issued 1-year 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 share price to reach $17.00 in the next year. This suggests a possible upside of 62.1% from the stock's current price. View Analyst Price Targets for Mr. Cooper Group.

What is the consensus analysts' recommendation 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.

Has Mr. Cooper Group been receiving favorable news coverage?

News coverage about COOP stock has been trending negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mr. Cooper Group earned a news impact 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, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Mr. Cooper Group.

Are investors shorting Mr. Cooper Group?

Mr. Cooper Group saw a drop in short interest in August. As of August 31st, there was short interest totalling 6,199,500 shares, a drop of 8.1% from the July 31st total of 6,749,300 shares. Based on an average trading volume of 817,000 shares, the short-interest ratio is presently 7.6 days. Approximately 8.5% of the shares of the company are sold short. View Mr. Cooper Group's Current Options Chain.

Who are some of Mr. Cooper Group's key 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), Cleveland-Cliffs (CLF), Lantronix (LTRX), American Airlines Group (AAL), Advanced Micro Devices (AMD), Celgene (CELG), Akorn (AKRX) and Tonix Pharmaceuticals (TNXP).

Who are Mr. Cooper Group's key executives?

Mr. Cooper Group's management team includes the folowing people:
  • Mr. Charles Edward Smith, Exec. VP & Assistant Sec. (Age 49)
  • Mr. Jay Bray, Chairman, Pres & CEO (Age 52)
  • Mr. Christopher G. Marshall, Vice Chairman & CFO (Age 59)
  • Mr. Amar R. Patel, Exec. VP & CFO (Age 47)
  • Mr. Anthony L. Ebers, Exec. VP & COO (Age 53)

Who are Mr. Cooper Group's major shareholders?

Mr. Cooper Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

Which major investors are selling Mr. Cooper Group stock?

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.

Which major investors are buying Mr. Cooper Group stock?

COOP stock was bought 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Mr. Cooper Group's stock price today?

One share of COOP stock can currently be purchased for approximately $10.49.

How big of a company is Mr. Cooper Group?

Mr. Cooper Group has a market capitalization of $955.39 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.

What is Mr. Cooper Group's official website?

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

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]


MarketBeat Community Rating for Mr. Cooper Group (NASDAQ COOP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  198
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.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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