NASDAQ:COOP

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

$44.83

-2.02 (-4.31%)

(As of 02/6/2023 02:02 PM ET)

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Today's Range: $44.82
▼
$46.54
50-Day Range: $39.54
▼
$47.75
52-Week Range: $35.81
▼
$52.34

Volume: 149,483 shs
Average Volume: 441,816 shs
Market Capitalization: $3.16 billion

P/E Ratio: 3.16
Dividend Yield: N/A
Price Target: $55.80

Institutional Ownership

Mr. Cooper Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 23.8% Upside
$55.80 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: -0.90
Upright™ Environmental Score
News Sentiment: 0.07
Based on 10 Articles This Week
Insider Trading: Selling Shares
$2.71 M Sold Last Quarter
Proj. Earnings Growth: 102.43%
From $2.47 to $5.00 Per Share

Overall MarketRank^™

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

2.28 out of 5 stars

Finance Sector

397th out of 854 stocks

Nondepository Credit Institutions Industry

15th out of 34 stocks

2.3

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 $55.80, Mr. Cooper Group has a forecasted upside of 23.8% from its current price of $45.06.
Amount of Analyst Coverage
Mr. Cooper Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for COOP.

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.

3.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mr. Cooper Group has received a 36.26% 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", "Property marketing services of real estate agents and brokers", and "Transactional services for residential property" products. See details.
Environmental Sustainability
The Environmental Impact score for Mr. Cooper Group is -0.90.

1.7

News and Social Media Coverage

News Sentiment
Mr. Cooper Group has a news sentiment score of 0.07. 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 0.54 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Mr. Cooper Group this week, compared to 4 articles on an average week.
Search Interest
Only 3 people have searched for COOP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $2,711,730.00 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
83.91% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Mr. Cooper Group are expected to grow by 102.43% in the coming year, from $2.47 to $5.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mr. Cooper Group is 3.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mr. Cooper Group is 3.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.38.
Price to Book Value per Share Ratio
Mr. Cooper Group has a P/B Ratio of 1.01. 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

About Mr. Cooper Group (NASDAQ:COOP) Stock

Mr. Cooper Group, Inc. engages in the provision of residential loan services. It operated through the following segments: Servicing, and Originations. The Servicing segment consists of collecting loan payments, remitting principal and interest payments to investors, managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance, performing loss mitigation activities on behalf of investors and otherwise administering mortgage loan servicing portfolio. The Originations segment provides refinance opportunities to the existing servicing customers through direct-to-consumer platform and purchases loans from originators through correspondent channel. The company was founded in 1889 and is headquartered in Coppell, TX.

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COOP Stock News Headlines

February 3, 2023 | nytimes.com

Soaring Death Toll Gives Grim Insight Into Russian Tactics

February 2, 2023 | msn.com

Director Andrea Cooper keeps Upstate Forever focused on the future

February 6, 2023 | Wall Street Watch Dogs (Ad)

The #1 Energy Stock to Buy

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

February 2, 2023 | msn.com

Dad went 'berserk' and attacked two men 'mercilessly' punching and stamping on them

February 2, 2023 | americanbankingnews.com

Insider Selling: Mr. Cooper Group Inc. (NASDAQ:COOP) CEO Sells $947,310.00 in Stock

February 2, 2023 | americanbankingnews.com

Jesse K. Bray Sells 21,000 Shares of Mr. Cooper Group Inc. (NASDAQ:COOP) Stock

January 22, 2023 | nasdaq.com

Fintel Initiates Coverage Of U.S. Largest Non-Bank Financial Lender Mr. Cooper Group And Here Is Why

January 20, 2023 | finance.yahoo.com

Mr. Cooper Group Inc. to Discuss Fourth Quarter 2022 Financial Results on February 10, 2023

February 6, 2023 | Investing Trends (Ad)

"We need batteries. Literally everywhere."

Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."

January 19, 2023 | finance.yahoo.com

Is Mr. Cooper Group (COOP) Stock Undervalued Right Now?

January 15, 2023 | msn.com

Iran's revolutionary guard should be designated a terrorist group, says UK's Labour

January 12, 2023 | finance.yahoo.com

After Golden Cross, Mr Cooper (COOP)'s Technical Outlook is Bright

January 11, 2023 | msn.com

REVEALED: Anderson Cooper's New Year's Resolution, Broadcaster Looking For Love 4 Years After Benjamin Maisani Split

January 10, 2023 | msn.com

Three top Labour MPs face call to return hundreds of thousands of pounds donated by single company

January 10, 2023 | msn.com

‘Come clean’: Labour activists urge party MPs to return donations from mystery firm

January 9, 2023 | msn.com

Film Forum Director Karen Cooper To Step Down After 50 Years At Helm Of The NYC Indie Cinema; Deputy Director Sonya Chung To Succeed Her

January 8, 2023 | msn.com

Photographer needs help to identify people in Coventry photos rescued from skip

January 6, 2023 | cnet.com

Happy 50th Birthday, 'Schoolhouse Rock': Gen X Owes You One

January 5, 2023 | msn.com

Six months after being shot in Highland Park massacre, 8-year-old Cooper Roberts still has long road

January 3, 2023 | bbc.com

Coventry photographer's archive saved from a skip catalogued by volunteers

December 30, 2022 | msn.com

I Fired 15,000 Rounds Through a Glock 21SF. What a Gun

December 28, 2022 | msn.com

Steve Cooper makes Nottingham Forest transfer admission as injury list grows

December 23, 2022 | finance.yahoo.com

Warner Music Group Corp. (NASDAQ:WMG) Q4 2022 Earnings Call Transcript

December 21, 2022 | msn.com

‘Monster’ given whole life order for killing partner and three children

December 20, 2022 | msn.com

MPs Demand The Sun Take 'Action' Against Jeremy Clarkson For 'Hateful' Meghan Markle Article

December 12, 2022 | msn.com

On The Beach, In The Style and Bolton Wanderers: The 17 latest top North West hires and promotions

December 8, 2022 | msn.com

On The Beach shares slip after founder reveals exit plan

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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COOP Company Calendar

Last Earnings: 10/28/2021
Today: 2/06/2023
Next Earnings (Confirmed): 2/10/2023
Fiscal Year End: 12/31/2023

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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: $55.80
High Stock Price Forecast: $64.00
Low Stock Price Forecast: $41.00
Forecasted Upside/Downside: +24.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $14.18
Trailing P/E Ratio: 3.16
Forward P/E Ratio: 18.15
P/E Growth: N/A
Net Income: $1.45 billion
Net Margins: 38.66%
Pretax Margin: 52.22%
Return on Equity: 6.35%
Return on Assets: 1.81%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.30
Quick Ratio: 0.30

Sales & Book Value

Annual Sales: $3.32 billion
Price / Sales: 0.95
Cash Flow: $10.45 per share
Price / Cash Flow: 4.29
Book Value: $44.82 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 70,570,000
Free Float: 68,737,000
Market Cap: $3.16 billion
Optionable: Not Optionable
Beta: 1.46

Key Executives

Jesse K. Bray
Chairman & Chief Executive Officer

Christopher G. Marshall
Vice Chairman & President

Jaime Gow
Chief Financial Officer & Executive Vice President

Sridhar Sharma
Chief Information Officer & Executive VP

Kurt Johnson
Executive VP, Chief Risk & Compliance 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 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 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 2023?: 4 brokerages have issued 12 month price objectives for Mr. Cooper Group's shares. Their COOP share price forecasts range from $41.00 to $64.00. On average, they expect the company's share price to reach $55.80 in the next year. This suggests a possible upside of 24.1% 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 2023?: Mr. Cooper Group's stock was trading at $40.13 at the start of the year. Since then, COOP stock has increased by 12.1% and is now trading at $44.97.
View the best growth stocks for 2023 here.
When is Mr. Cooper Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, February 10th 2023.
View our COOP earnings forecast.
How can I listen to Mr. Cooper Group's earnings call?: Mr. Cooper Group will be holding an earnings conference call on Friday, February 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Mr. Cooper Group's earnings last quarter?: Mr. Cooper Group Inc. (NASDAQ:COOP) announced its earnings results on Thursday, October, 28th. The company reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $0.45. The company had revenue of $860 million for the quarter, compared to analysts' expectations of $648.32 million. Mr. Cooper Group had a trailing twelve-month return on equity of 6.35% and a net margin of 38.66%. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.76 earnings per share.

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 Assenagon Asset Management S.A. (1.60%), Wolverine Asset Management LLC (0.00%), New York State Teachers Retirement System (0.19%), Hennessy Advisors Inc. (0.09%), State of Alaska Department of Revenue (0.07%) and Yousif Capital Management LLC (0.07%). Insiders that own company stock include Christopher G Marshall, Eldridge A Burns, Eldridge A Burns, Jesse K Bray, Robert H Gidel, Robert H Gidel and Wand Investors Corp Kkr.
View institutional ownership trends.
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 $44.97.
How much money does Mr. Cooper Group make?: Mr. Cooper Group (NASDAQ:COOP) has a market capitalization of $3.17 billion and generates $3.32 billion in revenue each year. The company earns $1.45 billion in net income (profit) each year or $14.18 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 2/6/2023 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

Short Interest

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

Company Ownership

Earnings and Valuation

About Mr. Cooper Group (NASDAQ:COOP) Stock

COOP Stock News Headlines

COOP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

COOP Stock - Frequently Asked Questions

Overall MarketRank^™