Mr. Cooper Group Stock Forecast, Price & News

Mr. Cooper Group's stock was trading at $9.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, COOP stock has increased by 153.0% and is now trading at $23.20.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Mr. Cooper Group is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Mr. Cooper Group will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Mr. Cooper Group Inc (NASDAQ:COOP) released its quarterly earnings results on Thursday, July, 30th. The company reported $2.81 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.38 by $1.43. The business had revenue of $630 million for the quarter, compared to analysts' expectations of $500.20 million. Mr. Cooper Group had a return on equity of 28.55% and a net margin of 3.26%.
View Mr. Cooper Group's earnings history.

6 brokerages have issued 12 month price objectives for Mr. Cooper Group's shares. Their forecasts range from $13.00 to $30.00. On average, they anticipate Mr. Cooper Group's stock price to reach $22.50 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts' price targets for Mr. Cooper Group.

Mr. Cooper Group saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 9,050,000 shares, an increase of 49.1% from the September 15th total of 6,070,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the days-to-cover ratio is currently 6.7 days. Currently, 12.3% of the shares of the stock are short sold.
View Mr. Cooper Group's Short Interest.

Some companies that are related to Mr. Cooper Group include SBI (SBHGF), Green Dot (GDOT), Walker & Dunlop (WD), 360 DigiTech (QFIN), AMTD International (HKIB), LexinFintech (LX), Sprott (SII), Blucora (BCOR), Qudian (QD), Oportun Financial (OPRT), CURO Group (CURO), Yirendai (YRD), 9F (JFU), America First Multifamily Investors (ATAX) and CNFinance (CNF).
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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).

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

Mr. Cooper Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Ziegler Capital Management LLC (0.08%), State of Alaska Department of Revenue (0.07%), Wiley BROS. Aintree Capital LLC (0.07%), Louisiana State Employees Retirement System (0.04%), Bowling Portfolio Management LLC (0.02%) and First Hawaiian Bank (0.02%). 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 Wiley BROS. Aintree Capital LLC, and Ziegler Capital Management LLC.
View insider buying and selling activity for Mr. Cooper Group.

COOP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Louisiana State Employees Retirement System, Bowling Portfolio Management LLC, First Hawaiian Bank, USA Financial Portformulas Corp, and Nisa Investment Advisors LLC. 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 $23.20.

Mr. Cooper Group has a market capitalization of $2.13 billion 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.

The official website for Mr. Cooper Group is 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]