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

$6.76
-1.28 (-15.92 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$6.71
Now: $6.76
$7.89
50-Day Range
$5.50
MA: $11.26
$14.54
52-Week Range
$5.25
Now: $6.76
$14.68
Volume915,797 shs
Average Volume963,654 shs
Market Capitalization$615.97 million
P/E RatioN/A
Dividend YieldN/A
Beta0.39
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.
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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$1.85 billion
Cash Flow$3.78 per share
Book Value$24.49 per share

Profitability

Net Income$274 million

Miscellaneous

Employees9,100
Market Cap$615.97 million
Next Earnings Date5/6/2020 (Estimated)
OptionableNot Optionable

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

How has Mr. Cooper Group's stock been impacted by COVID-19 (Coronavirus)?

Mr. Cooper Group's stock was trading at $9.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COOP shares have decreased by 26.3% and is now trading at $6.76. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mr. Cooper Group.

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

Mr. Cooper Group is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Mr. Cooper Group.

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

Mr. Cooper Group Inc (NASDAQ:COOP) posted its quarterly earnings data on Tuesday, February, 25th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.36. The firm had revenue of $618 million for the quarter, compared to analyst estimates of $543.95 million. Mr. Cooper Group had a negative net margin of 5.68% and a positive return on equity of 20.89%. View Mr. Cooper Group's earnings history.

What price target have analysts set for COOP?

4 brokers have issued twelve-month 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 stock price to reach $14.75 in the next year. This suggests a possible upside of 118.2% from the stock's current price. View analysts' price targets for Mr. Cooper Group.

Has Mr. Cooper Group been receiving favorable news coverage?

Press coverage about COOP stock has been trending extremely negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mr. Cooper Group earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View the latest news aboutMr. Cooper Group.

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), NVIDIA (NVDA), Tonix Pharmaceuticals (TNXP), American Airlines Group (AAL), Wells Fargo & Co (WFC) and JPMorgan Chase & Co. (JPM).

Who are Mr. Cooper Group's key executives?

Mr. Cooper Group's management team includes the following 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)

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 shareholders include Diamond Hill Capital Management Inc. (7.36%), Greywolf Capital Management LP (4.33%), OCO Capital Partners L.P. (2.73%), Serengeti Asset Management LP (1.87%), State Street Corp (1.73%) and Nuveen Asset Management LLC (1.30%). 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 Diamond Hill Capital Management Inc., Greywolf Capital Management LP, Serengeti Asset Management LP, 361 Capital LLC, Man Group plc, Virginia Retirement Systems ET AL, Adirondack Research & Management Inc., and Alliancebernstein L.P.. View insider buying and selling activity for Mr. Cooper Group.

Which major investors are buying Mr. Cooper Group stock?

COOP stock was purchased by a variety of institutional investors in the last quarter, including OCO Capital Partners L.P., California Public Employees Retirement System, Nuveen Asset Management LLC, Cadence Capital Management LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, State Street Corp, and Goldman Sachs Group Inc.. 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.

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 $6.76.

How big of a company is Mr. Cooper Group?

Mr. Cooper Group has a market capitalization of $615.97 million 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. 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:  129 (Vote Outperform)
Underperform Votes:  155 (Vote Underperform)
Total Votes:  284
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 3/29/2020 by MarketBeat.com Staff

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