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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" COOP shares.
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5 Wall Street research analysts have issued 12-month price targets for Mr. Cooper Group's stock. Their COOP share price forecasts range from $48.00 to $64.00. On average, they predict the company's share price to reach $57.60 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price.
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Mr. Cooper Group's stock was trading at $40.13 at the beginning of the year. Since then, COOP stock has decreased by 1.1% and is now trading at $39.69.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
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Mr. Cooper Group Inc. (NASDAQ:COOP) announced its quarterly earnings results on Thursday, October, 28th. The company reported $2.42 EPS for the quarter, topping the consensus estimate of $1.97 by $0.45. The firm earned $860 million during the quarter, compared to analyst estimates of $648.32 million. Mr. Cooper Group had a net margin of 37.46% and a trailing twelve-month return on equity of 4.70%. Mr. Cooper Group's revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.76 earnings per share.

ETFs with the largest weight of Mr. Cooper Group (NASDAQ:COOP) stock in their portfolio include Invesco DWA Financial Momentum ETF (PFI), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Value with Momentum ETF (XSVM), SPDR S&P Bank ETF (KBE), WisdomTree U.S. SmallCap Fund (EES) and Cambria Shareholder Yield ETF (SYLD).

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 many different institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (4.00%), Dimensional Fund Advisors LP (3.67%), Geode Capital Management LLC (1.90%), Morgan Stanley (1.73%), Arrowstreet Capital Limited Partnership (1.65%) and Assenagon Asset Management S.A. (1.60%). Insiders that own company stock include 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 $39.69.

Mr. Cooper Group (NASDAQ:COOP) has a market capitalization of $2.75 billion and generates $2.73 billion in revenue each year. The company earns $923 million in net income (profit) each year or $12.18 on an earnings per share basis.

The company employs 6,600 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.