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

Company Overview

Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned. The Originations segment originates residential mortgage loans through its direct-to-consumer and correspondent channels. The company provides its services 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.

Key Stats

• Today's Range: $95.52 to $97.62
• 50-Day Range: $87.37 to $101.43
• 52-Week Range: $61.38 to $103.05
• Volume: 342,336 shs
• Average Volume: 449,759 shs
• Market Capitalization: $6.19 billion
• P/E Ratio: 12.50
• Dividend Yield: N/A
• Price Target: $98.00
• Consensus Rating: Moderate Buy

Mr. Cooper Group Stock Analysis - MarketRank™

Mr. Cooper Group scored higher than 82% of companies evaluated by MarketBeat, and ranked 249th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Mr. Cooper Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 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.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 31.69%

Earnings Growth

Earnings for Mr. Cooper Group are expected to grow by 31.69% in the coming year, from $10.16 to $13.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mr. Cooper Group is 12.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mr. Cooper Group is 12.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.09.

Price to Book Value per Share Ratio

Mr. Cooper Group has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.77% 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 3.7, 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 increased by 20.42%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.88

Percentage of Shares Shorted

2.77% 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 3.7, 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 increased by 20.42%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.10

News Sentiment

Mr. Cooper Group has a news sentiment score of 1.10. 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 higher news sentiment than the 0.83 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Mr. Cooper Group this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for COOP on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Mr. Cooper Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,579,700.00 in company stock.

Percentage Held by Insiders

Only 2.33% 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.

COOP Stock Analysis - Frequently Asked Questions

How have COOP shares performed this year?

Mr. Cooper Group's stock was trading at $65.12 at the beginning of the year. Since then, COOP stock has increased by 48.6% and is now trading at $96.74.
View the best growth stocks for 2024 here.

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

Mr. Cooper Group Inc. (NASDAQ:COOP) posted its quarterly earnings data on Wednesday, October, 23rd. The company reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.54 by $0.30. Mr. Cooper Group's quarterly revenue was up 32.8% on a year-over-year basis.

Who are Mr. Cooper Group's major shareholders?

Mr. Cooper Group's top institutional shareholders include State Street Corp (4.26%), Diamond Hill Capital Management Inc. (3.21%), Geode Capital Management LLC (2.39%) and Assenagon Asset Management S.A. (1.93%). Insiders that own company stock include Jesse K Bray, Michael R Rawls, Shveta Mujumdar, Michael S Weinbach and Eldridge A Burns.
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.

What other stocks do shareholders of Mr. Cooper Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mr. Cooper Group investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 10/23/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/14/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• 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: $98.00
• High Stock Price Target: $115.00
• Low Stock Price Target: $80.00
• Potential Upside/Downside: +1.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.74
• Trailing P/E Ratio: 12.50
• Forward P/E Ratio: 9.52
• P/E Growth: N/A
• Net Income: $500 million
• Net Margins: 25.87%
• Pretax Margin: 34.94%
• Return on Equity: 13.77%
• Return on Assets: 4.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.28
• Quick Ratio: 0.28

Sales & Book Value

• Annual Sales: $1.79 billion
• Price / Sales: 3.45
• Cash Flow: $8.11 per share
• Price / Cash Flow: 11.93
• Book Value: $65.02 per share
• Price / Book: 1.49

Miscellaneous

• Outstanding Shares: 63,980,000
• Free Float: 62,493,000
• Market Cap: $6.19 billion
• Optionable: Optionable
• Beta: 1.41