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NASDAQ:COOP

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

$96.27
-0.74 (-0.76%)
(As of 10/17/2024 ET)

About Mr. Cooper Group Stock (NASDAQ:COOP)

Key Stats

Today's Range
$96.13
$97.35
50-Day Range
$84.74
$97.01
52-Week Range
$52.50
$97.35
Volume
266,904 shs
Average Volume
435,888 shs
Market Capitalization
$6.23 billion
P/E Ratio
9.10
Dividend Yield
N/A
Price Target
$96.29
Consensus Rating
Moderate Buy

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.

Mr. Cooper Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

COOP MarketRank™: 

Mr. Cooper Group scored higher than 84% of companies evaluated by MarketBeat, and ranked 229th out of 911 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Mr. Cooper Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Mr. Cooper Group has only been the subject of 4 research reports in the past 90 days.

  • Read more about Mr. Cooper Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Mr. Cooper Group are expected to grow by 35.97% in the coming year, from $9.98 to $13.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mr. Cooper Group is 9.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mr. Cooper Group is 9.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.92.

  • Price to Book Value per Share Ratio

    Mr. Cooper Group has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Mr. Cooper Group's valuation and earnings.
  • Percentage of Shares Shorted

    2.61% 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 3.8, 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 4.14%, indicating that investor sentiment is improving.
  • 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.

  • Percentage of Shares Shorted

    2.61% 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 3.8, 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 4.14%, indicating that investor sentiment is improving.
  • News Sentiment

    Mr. Cooper Group has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Mr. Cooper Group this week, compared to 6 articles on an average week.
  • Search Interest

    9 people have searched for COOP on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Mr. Cooper Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Mr. Cooper Group insiders have not sold or bought any 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.

  • Read more about Mr. Cooper Group's insider trading history.
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COOP Stock News Headlines

Mr. Cooper Group Target of Unusually Large Options Trading (NASDAQ:COOP)
The most serious warning of my career
With the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election.
Holding With Mr. Cooper: Not A Buy Or Sell
Brokerages Set Mr. Cooper Group Inc. (NASDAQ:COOP) Price Target at $96.29
See More Headlines

COOP Stock Analysis - Frequently Asked Questions

Mr. Cooper Group's stock was trading at $65.12 at the beginning of the year. Since then, COOP stock has increased by 47.8% and is now trading at $96.27.
View the best growth stocks for 2024 here
.

Mr. Cooper Group Inc. (NASDAQ:COOP) announced its quarterly earnings results on Thursday, July, 25th. The company reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $2.33 by $0.19. The firm's revenue was up 3.4% on a year-over-year basis.

Mr. Cooper Group's top institutional shareholders include Oliver Luxxe Assets LLC (0.06%), Creative Planning (0.03%), Handelsbanken Fonder AB (0.03%) and CX Institutional (0.02%). 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
.

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.

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
7/25/2024
Today
10/17/2024
Next Earnings (Confirmed)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$96.29
High Stock Price Target
$115.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+0.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$500 million
Pretax Margin
43.76%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Cash Flow
$8.18 per share
Book Value
$65.02 per share

Miscellaneous

Free Float
62,982,000
Market Cap
$6.23 billion
Optionable
Optionable
Beta
1.40
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This page (NASDAQ:COOP) was last updated on 10/17/2024 by MarketBeat.com Staff
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