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

4 Wall Street equities 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 equities research analysts is that investors should "buy" COOP shares.
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4 equities research analysts have issued 1 year price objectives for Mr. Cooper Group's shares. Their COOP share price forecasts range from $40.00 to $64.00. On average, they expect the company's share price to reach $55.60 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
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Mr. Cooper Group's stock was trading at $41.61 at the beginning of 2022. Since then, COOP shares have increased by 3.9% and is now trading at $43.23.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 10th 2023.
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Mr. Cooper Group Inc. (NASDAQ:COOP) issued its quarterly earnings data on Thursday, October, 28th. The company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.45. The company had revenue of $860 million for the quarter, compared to analyst estimates of $648.32 million. Mr. Cooper Group had a net margin of 38.66% and a trailing twelve-month return on equity of 6.35%. The business's revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.76 earnings per share.

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.20%), Vanguard Group Inc. (10.66%), State Street Corp (4.33%), Diamond Hill Capital Management Inc. (4.08%), Saba Capital Management L.P. (0.00%) and Dimensional Fund Advisors LP (3.68%). 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.
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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.
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One share of COOP stock can currently be purchased for approximately $43.23.

Mr. Cooper Group (NASDAQ:COOP) has a market capitalization of $3.05 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.

The company employs 8,200 workers across the globe.

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.