Should I buy or sell Mr. Cooper Group stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" COOP shares. View COOP analyst ratings or view top-rated stocks .

What is Mr. Cooper Group's stock price target for 2024?

7 brokers have issued 12 month price targets for Mr. Cooper Group's stock. Their COOP share price targets range from $59.00 to $88.00. On average, they anticipate the company's share price to reach $78.50 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View analysts price targets for COOP or view top-rated stocks among Wall Street analysts .

How have COOP shares performed in 2024?

Mr. Cooper Group's stock was trading at $65.12 on January 1st, 2024. Since then, COOP stock has increased by 15.9% and is now trading at $75.49. View the best growth stocks for 2024 here .

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our COOP earnings forecast .

How can I listen to Mr. Cooper Group's earnings call?

Mr. Cooper Group will be holding an earnings conference call on Wednesday, April 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

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

Mr. Cooper Group Inc. (NASDAQ:COOP) issued its quarterly earnings results on Friday, February, 9th. The company reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.34. The business earned $404 million during the quarter, compared to the consensus estimate of $398.31 million. Mr. Cooper Group had a net margin of 27.87% and a trailing twelve-month return on equity of 12.01%.

What ETFs hold Mr. Cooper Group's stock?

ETFs with the largest weight of Mr. Cooper Group (NASDAQ:COOP) stock in their portfolio include Aztlan Global Stock Selection Dm SMID ETF (AZTD) , Invesco Dorsey Wright Financial Momentum ETF (PFI) , Invesco S&P SmallCap Momentum ETF (XSMO) , Invesco S&P SmallCap Financials ETF (PSCF) , SPDR S&P Bank ETF (KBE) , Cambria Value and Momentum ETF (VAMO) , AlphaMark Actively Managed Small Cap ETF (SMCP) and Cambria Shareholder Yield ETF (SYLD) .

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) , Advanced Micro Devices (AMD) , NVIDIA (NVDA) , Pfizer (PFE) , Bausch Health Companies (BHC) , Cleveland-Cliffs (CLF) , Tonix Pharmaceuticals (TNXP) and Enterprise Products Partners (EPD) .

Who are Mr. Cooper Group's major shareholders?

Mr. Cooper Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.01%), Los Angeles Capital Management LLC (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Eldridge A Burns, Eldridge A Burns , Jesse K Bray , Michael R Rawls , Michael S Weinbach, Robert H Gidel, Robert H Gidel and Shveta Mujumdar . View institutional ownership trends .

How do I buy shares of Mr. Cooper Group?

Shares of COOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:COOP

Mr. Cooper Group (COOP) Stock Price, News & Analysis

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Free COOP Stock Alerts

$75.49

-0.38 (-0.50%)

(As of 04/15/2024 ET)

Compare

Today's Range: $74.71
▼
$77.17
50-Day Range: $67.62
▼
$78.01
52-Week Range: $41.74
▼
$78.54

Volume: 271,892 shs
Average Volume: 485,326 shs
Market Capitalization: $4.88 billion

P/E Ratio: 10.28
Dividend Yield: N/A
Price Target: $78.50

Get Mr. Cooper Group alerts:

Mr. Cooper Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 4.0% Upside
$78.50 Price Target
Short Interest: Healthy
2.36% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.88
Upright™ Environmental Score
News Sentiment: 0.39
Based on 20 Articles This Week
Insider Trading: Selling Shares
$5.43 M Sold Last Quarter
Proj. Earnings Growth: 17.76%
From $9.01 to $10.61 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.17 out of 5 stars

Finance Sector

279th out of 873 stocks

Nondepository Credit Institutions Industry

6th out of 44 stocks

1.5

Analyst's Opinion

Consensus Rating
Mr. Cooper Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Mr. Cooper Group has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.36% of the float of Mr. Cooper Group has been sold short.
Short Interest Ratio / Days to Cover
Mr. Cooper Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Mr. Cooper Group has recently decreased by 3.92%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Mr. Cooper Group does not currently pay a dividend.
Dividend Growth
Mr. Cooper Group does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mr. Cooper Group has received a 37.86% net impact score from Upright. Mr. Cooper seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Mortgages provided by online banks", "Property marketing services of real estate agents and brokers", and "Transactional services for residential property" products. See details.
Environmental Sustainability
The Environmental Impact score for Mr. Cooper Group is -0.88.

2.4

News and Social Media Coverage

News Sentiment
Mr. Cooper Group has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for Mr. Cooper Group this week, compared to 5 articles on an average week.
Search Interest
Only 4 people have searched for COOP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
34 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is an increase of 1,600% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mr. Cooper Group insiders have sold 348.99% more of their company's stock than they have bought. Specifically, they have bought $1,209,720.00 in company stock and sold $5,431,500.00 in company stock.
Percentage Held by Insiders
Only 3.11% of the stock of Mr. Cooper Group is held by insiders.
Percentage Held by Institutions
89.82% of the stock of Mr. Cooper Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Mr. Cooper Group are expected to grow by 17.76% in the coming year, from $9.01 to $10.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mr. Cooper Group is 10.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mr. Cooper Group is 10.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.59.
Price to Book Value per Share Ratio
Mr. Cooper Group has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Mr. Cooper Group Stock (NASDAQ:COOP)

Mr. Cooper Group Inc. engages in non-banking services for mortgage loans the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers. It 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. was incorporated in 2015 and is based in Coppell, Texas.

COOP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

COOP Stock News Headlines

March 30, 2024 | insidertrades.com

Mr. Cooper Group Inc. (NASDAQ:COOP) CEO Sells $1,952,250.00 in Stock

April 15, 2024 | msn.com

Driver given Ulez fine despite donating car to Ukraine

April 16, 2024 | InvestorPlace (Ad)

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I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 15, 2024 | msn.com

Alice Cooper is returning home to perform in Kalamazoo and Clarkston

April 15, 2024 | nytimes.com

A Show of Might in the Skies Over Israel

April 12, 2024 | msn.com

Golf Is Getting Younger and Cooler — And the Fashion Is Reflecting It

April 12, 2024 | finance.yahoo.com

Billionaire Leon Cooperman’s Family, Children and Investments

April 12, 2024 | news.yahoo.com

Group 'devastated for town' after losing bid for land

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 11, 2024 | nytimes.com

A Principal Confronted a Teenage Girl. Now He’s Facing Prison Time.

April 10, 2024 | americanbankingnews.com

Mr. Cooper Group (NASDAQ:COOP) Price Target Increased to $85.00 by Analysts at Barclays

April 10, 2024 | americanbankingnews.com

Mr. Cooper Group (NASDAQ:COOP) Given New $86.00 Price Target at Keefe, Bruyette & Woods

April 10, 2024 | americanbankingnews.com

Mr. Cooper Group (NASDAQ:COOP) Hits New 12-Month High on Analyst Upgrade

April 10, 2024 | benzinga.com

A Glimpse Into The Expert Outlook On Mr. Cooper Gr Through 5 Analysts

April 9, 2024 | nytimes.com

Albert Heath, Jazz Drum Virtuoso, Is Dead at 88

April 9, 2024 | msn.com

20th Century Lands Bruce Springsteen Movie to Star Jeremy Allen White

April 4, 2024 | businesswire.com

Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024

April 4, 2024 | finance.yahoo.com

Zacks.com featured highlights Carlisle Companies, Murphy USA, Mr. Cooper and Distribution Solutions

April 3, 2024 | sports.yahoo.com

Larry Lucchino remembered as a "driven, passionate" baseball man

April 3, 2024 | msn.com

San Francisco Giants trade C Joey Bart to Pittsburgh Pirates

April 2, 2024 | msn.com

How Alice Cooper reimagined 'I'm Eighteen' and 'School's Out' for a kids album

March 31, 2024 | investing.com

Mr. Cooper Group CEO sells $1.95 million in stock

March 30, 2024 | bloomberg.com

Mobile Game Ads Are Boosting Podcast Follower Counts

March 29, 2024 | msn.com

‘Wow! Amazing!’ Daniel Dale Stuns Anderson Cooper With Quick Fact-Check Of Pro-Trump Republican’s ‘Illegal Invaders’ Attack

March 28, 2024 | msn.com

Davis leads group of historic scorers into 45th News Journal All-Star Classic

March 27, 2024 | msn.com

The Cheapest Electric Cars In 2024 Aren't What You'd Expect

March 22, 2024 | yahoo.com

Interview: Sleeping Dogs Director Adam Cooper Discusses His Twisty Crime Thriller

See More Headlines

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Company Calendar

Last Earnings: 2/09/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:COOP
CUSIP: N/A
CIK: 933136
Web: mrcoopergroup.com
Phone: (469) 549-2000
Fax: N/A
Employees: 6,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $78.50
High Stock Price Target: $88.00
Low Stock Price Target: $59.00
Potential Upside/Downside: +4.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.34
Trailing P/E Ratio: 10.28
Forward P/E Ratio: 8.38
P/E Growth: N/A
Net Income: $500 million
Net Margins: 27.87%
Pretax Margin: 36.46%
Return on Equity: 12.01%
Return on Assets: 3.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.34
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: $1.79 billion
Price / Sales: 2.75
Cash Flow: $8.13 per share
Price / Cash Flow: 9.29
Book Value: $65.02 per share
Price / Book: 1.16

Miscellaneous

Outstanding Shares: 65,250,000
Free Float: 63,226,000
Market Cap: $4.93 billion
Optionable: Optionable
Beta: 1.38

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Key Executives

Mr. Jesse K. Bray (Age 57)
Chairman & CEO
Comp: $3.51M
Mr. Christopher G. Marshall (Age 64)
Executive Officer & Vice Chairman
Comp: $2.26M
Mr. Kurt G. Johnson (Age 53)
Executive VP & CFO
Comp: $873.78k
Mr. Michael R. Rawls (Age 54)
Executive VP & CEO of Xome
Comp: $1.22M
Mr. Michael S. Weinbach (Age 51)
President
Mr. Sridhar Sharma
Executive VP & Chief Information Officer
Ms. Kelly Ann Doherty
Executive VP & Chief Administrative Officer
Mr. Kenneth A. Posner (Age 61)
Senior Vice President of Strategic Planning & Investor Relations
Mr. Carlos M. Pelayo
Executive VP & Chief Legal Officer
Ms. Christine Paxton
Executive VP and Chief Risk & Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COOP Stock Analysis - Frequently Asked Questions

Should I buy or sell Mr. Cooper Group stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" COOP shares.
View COOP analyst ratings or view top-rated stocks.
What is Mr. Cooper Group's stock price target for 2024?: 7 brokers have issued 12 month price targets for Mr. Cooper Group's stock. Their COOP share price targets range from $59.00 to $88.00. On average, they anticipate the company's share price to reach $78.50 in the next year. This suggests a possible upside of 4.0% from the stock's current price.
View analysts price targets for COOP or view top-rated stocks among Wall Street analysts.
How have COOP shares performed in 2024?: Mr. Cooper Group's stock was trading at $65.12 on January 1st, 2024. Since then, COOP stock has increased by 15.9% and is now trading at $75.49.
View the best growth stocks for 2024 here.
When is Mr. Cooper Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our COOP earnings forecast.
How can I listen to Mr. Cooper Group's earnings call?: Mr. Cooper Group will be holding an earnings conference call on Wednesday, April 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Mr. Cooper Group's earnings last quarter?: Mr. Cooper Group Inc. (NASDAQ:COOP) issued its quarterly earnings results on Friday, February, 9th. The company reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.34. The business earned $404 million during the quarter, compared to the consensus estimate of $398.31 million. Mr. Cooper Group had a net margin of 27.87% and a trailing twelve-month return on equity of 12.01%.

What ETFs hold Mr. Cooper Group's stock?: ETFs with the largest weight of Mr. Cooper Group (NASDAQ:COOP) stock in their portfolio include Aztlan Global Stock Selection Dm SMID ETF (AZTD), Invesco Dorsey Wright Financial Momentum ETF (PFI), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Bank ETF (KBE), Cambria Value and Momentum ETF (VAMO), AlphaMark Actively Managed Small Cap ETF (SMCP) and Cambria Shareholder Yield ETF (SYLD).
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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Pfizer (PFE), Bausch Health Companies (BHC), Cleveland-Cliffs (CLF), Tonix Pharmaceuticals (TNXP) and Enterprise Products Partners (EPD).
Who are Mr. Cooper Group's major shareholders?: Mr. Cooper Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.01%), Los Angeles Capital Management LLC (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Eldridge A Burns, Eldridge A Burns, Jesse K Bray, Michael R Rawls, Michael S Weinbach, Robert H Gidel, Robert H Gidel and Shveta Mujumdar.
View institutional ownership trends.
How do I buy shares of Mr. Cooper Group?: Shares of COOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:COOP) was last updated on 4/16/2024 by MarketBeat.com Staff

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Mr. Cooper Group (COOP) Stock Price, News & Analysis

Mr. Cooper Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Mr. Cooper Group Stock (NASDAQ:COOP)

COOP Stock Price History

COOP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

COOP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™