NASDAQ:COOP

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

$78.73
-0.03 (-0.04%)
(As of 04:00 PM ET)
Today's Range
$78.55
$79.59
50-Day Range
$71.23
$81.72
52-Week Range
$41.74
$81.98
Volume
368,258 shs
Average Volume
480,819 shs
Market Capitalization
$5.14 billion
P/E Ratio
8.24
Dividend Yield
N/A
Price Target
$82.22

Mr. Cooper Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
3.7% Upside
$82.22 Price Target
Short Interest
Healthy
2.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
0.56mentions of Mr. Cooper Group in the last 14 days
Based on 31 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.

4.68 out of 5 stars

Finance Sector

160th out of 864 stocks

Nondepository Credit Institutions Industry

3rd out of 47 stocks

COOP stock logo

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

COOP Stock News Headlines

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11 Tips to Get Approved for a Mortgage
Q1 2024 Mr Cooper Group Inc Earnings Call
Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!
Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.
Mr. Cooper Group Reports First Quarter 2024 Results
Mr. Cooper Q1 2024 Earnings Preview
Mr. Cooper Group Announces Two New Senior Leaders
Mr. Cooper Group (NASDAQ:COOP) PT Raised to $80.00
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
4/26/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:COOP
Fax
N/A
Employees
6,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$82.22
High Stock Price Target
$100.00
Low Stock Price Target
$59.00
Potential Upside/Downside
+4.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$500 million
Pretax Margin
41.96%

Debt

Sales & Book Value

Annual Sales
$1.79 billion
Cash Flow
$7.88 per share
Book Value
$67.50 per share

Miscellaneous

Free Float
63,735,000
Market Cap
$5.14 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. RawlsMr. 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

COOP Stock Analysis - Frequently Asked Questions

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

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mr. Cooper Group in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COOP shares.
View COOP analyst ratings
or view top-rated stocks.

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

8 equities research analysts have issued 1-year price objectives for Mr. Cooper Group's stock. Their COOP share price targets range from $59.00 to $100.00. On average, they expect the company's stock price to reach $82.22 in the next year. This suggests a possible upside of 3.7% 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 at the beginning of the year. Since then, COOP shares have increased by 21.8% and is now trading at $79.31.
View the best growth stocks for 2024 here
.

Are investors shorting Mr. Cooper Group?

Mr. Cooper Group saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,650,000 shares, an increase of 12.2% from the March 31st total of 1,470,000 shares. Based on an average daily trading volume, of 492,700 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.7% of the company's stock are sold short.
View Mr. Cooper Group's Short Interest
.

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

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

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

Mr. Cooper Group Inc. (NASDAQ:COOP) posted its quarterly earnings results on Wednesday, April, 24th. The company reported $2.28 EPS for the quarter, beating the consensus estimate of $2.11 by $0.17. The firm earned $564 million during the quarter, compared to analysts' expectations of $498.15 million. Mr. Cooper Group had a net margin of 31.75% and a trailing twelve-month return on equity of 13.31%.

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 many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.75%), New York State Teachers Retirement System (0.16%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%), Simplex Trading LLC (0.00%) and Raymond James Financial Services Advisors Inc. (0.04%). 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 4/26/2024 by MarketBeat.com Staff

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