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

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

Mr. Cooper Group Inc (NASDAQ:COOP) announced its earnings results on Tuesday, February, 25th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.67 by $0.36. The business earned $618 million during the quarter, compared to the consensus estimate of $543.95 million. Mr. Cooper Group had a positive return on equity of 22.39% and a negative net margin of 5.68%. View Mr. Cooper Group's Earnings History.

Mr. Cooper Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Mr. Cooper Group.

4 equities research analysts have issued 1 year target prices for Mr. Cooper Group's stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate Mr. Cooper Group's stock price to reach $15.67 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for 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 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mr. Cooper Group.

News articles about COOP stock have trended very negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mr. Cooper Group earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View News Stories for Mr. Cooper Group.

Mr. Cooper Group saw a drop in short interest in January. As of January 15th, there was short interest totalling 4,340,000 shares, a drop of 8.8% from the December 31st total of 4,760,000 shares. Based on an average trading volume of 531,600 shares, the days-to-cover ratio is presently 8.2 days. Approximately 6.0% of the company's shares are sold short. View Mr. Cooper Group's Current Options Chain.

Some companies that are related to Mr. Cooper Group include Walker & Dunlop (WD), LexinFintech (LX), Green Dot (GDOT), 360 Finance (QFIN), Blucora (BCOR), Qudian (QD), Oportun Financial (OPRT), America First Multifamily Investors (ATAX), Curo Group (CURO), Yirendai (YRD), CNFinance (CNF), On Deck Capital (ONDK), Wins Finance (WINS), X Financial (XYF) and Jiayin Group (JFIN).

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), American Airlines Group (AAL), Tonix Pharmaceuticals (TNXP), Advanced Micro Devices (AMD), Bausch Health Companies (BHC) and Adamas Pharmaceuticals (ADMS).

Mr. Cooper Group's stock is owned by a number of of 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 Geode Capital Management LLC (1.13%). 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 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 for Mr. Cooper Group.

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, Cadence Capital Management LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, State Street Corp, Goldman Sachs Group Inc. and Martingale Asset Management L P. 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 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 $12.70.

Mr. Cooper Group has a market capitalization of $1.16 billion and generates $1.85 billion in revenue each year. The company earns $1.04 billion in net income (profit) each year or $3.80 on an earnings per share basis. Mr. Cooper Group employs 8,500 workers across the globe.View Additional Information About Mr. Cooper Group.

The official website for Mr. Cooper Group is http://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]