Mr. Cooper Group Inc. (COOP)
Market Cap | 6.09B |
Revenue (ttm) | 1.98B |
Net Income (ttm) | 511.00M |
Shares Out | 63.98M |
EPS (ttm) | 7.72 |
PE Ratio | 12.32 |
Forward PE | 7.54 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 326,585 |
Open | 92.93 |
Previous Close | 93.73 |
Day's Range | 92.75 - 95.91 |
52-Week Range | 61.38 - 103.05 |
Beta | 1.43 |
Analysts | Buy |
Price Target | 97.63 (+2.62%) |
Earnings Date | Feb 7, 2025 |
About COOP
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 ori... [Read more]
Financial Performance
In 2023, Mr. Cooper Group's revenue was $1.79 billion, a decrease of -27.19% compared to the previous year's $2.46 billion. Earnings were $500.00 million, a decrease of -45.83%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for COOP stock is "Buy." The 12-month stock price forecast is $97.63, which is an increase of 2.62% from the latest price.
News
Mr. Cooper Group Adds Former Fannie Mae Executive and Industry Veteran Andrew Bon Salle to Board of Directors
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Andrew Bon Salle to its board of directors, effective January 1, 2025. Bon Salle brings more than 30 ye...
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Mr. Cooper Completes Acquisition of Flagstar's Mortgage Operations
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has closed the previously announced acquisition of Flagstar Bank N.A. (“Flagstar”)'s mortgage operations. The tran...
Mr. Cooper Group Inc. (COOP) Q3 2024 Earnings Call Transcript
Mr. Cooper Group Inc. (NASDAQ:COOP) Q3 2024 Earnings Call October 23, 2024 10:00 AM ET Company Participants Ken Posner - Investor Relations Jay Bray - Chairman and Chief Executive Officer Mike Weinba...
Mr. Cooper Group Reports Third Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported third quarter income before income tax expense of $112 million and net income of $80 million. Excluding other ma...
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Mr. Cooper Group Announces Senior Leadership Updates to Drive Digital-First Strategy and AI-Powered Home Loan Experience
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today several senior leadership updates as the company continues to focus on innovation with investments in new technologies and...
Mr. Cooper Group Inc. to Discuss Third Quarter 2024 Financial Results on October 23, 2024
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2024 on October 23, 2024 at 10:00 A.M. Eastern Time. A copy of the press release ...
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Mike Weinbach, President, and Kurt Johnson, Executive Vice President ...
Housing market 'will see a lot of refinancing' as mortgage rates drop, says Mr. Cooper Group CEO
Jay Bray, Mr. Cooper Group chairman and CEO, joins 'The Exchange' to discuss the recent drop in mortgage rates and what this means for homeowners, the economy, and more.
Mr. Cooper Group Inc. Announces Pricing of Offering of $750 Million of Senior Notes
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (...
Mr. Cooper Group Inc. (COOP) Q2 2024 Earnings Call Transcript
Mr. Cooper Group Inc. (NASDAQ:COOP) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Ken Posner - Senior Vice President, Strategic Planning & Investor Relations Jay Bra...
FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS
TRANSACTION ADDS 60 BASIS POINTS TO CET1 RATIO AND ACCELERATES TRANSITION TO A LEADING DIVERSIFIED, FULL-SERVICE REGIONAL BANK HICKSVILLE, N.Y. , July 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported second quarter income before income tax expense of $277 million and net income of $204 million. Excluding other ...
Jaime Gow Joins Sagent As CFO After Helping Mr. Cooper Become Largest U.S. Mortgage Servicer
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sagent, a fintech company modernizing mortgage and consumer loan servicing for America's top banks and lenders, today appointed bank and nonbank finance executiv...
Mr. Cooper Group Inc. to Discuss Second Quarter 2024 Financial Results on July 25, 2024
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2024 on July 25, 2024 at 10:00 A.M. Eastern Time. A copy of the press release an...
Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required
LEWISVILLE, Texas--(BUSINESS WIRE)--Xome®, a leading online real estate marketplace, today announced its DIY sales platform, which allows investors full transparency and control from their property li...
Mr. Cooper Group Inc. (COOP) Q1 2024 Earnings Call Transcript
Mr. Cooper Group Inc. (NASDAQ:COOP) Q1 2024 Earnings Conference Call April 24, 2024 10:00 AM ET Company Participants Ken Posner - SVP of Strategic Planning and IR Jay Bray - Chairman & CEO Mike Weinb...
Mr. Cooper Group Reports First Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported first quarter income before income tax expense of $232 and net income of $181 million. Excluding other mark-to-m...
Mr. Cooper Group Announces Two New Senior Leaders
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of two new senior leaders. Ranjit Bhattacharjee will join the executive leadership team on May 6, 2024, as...
Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2024 on April 24, 2024 at 10:00 A.M. Eastern Time. A copy of the press release an...
Mr. Cooper: Potential $1 Trillion Loan Portfolio At 10x Earnings
Mr. Cooper Group Inc. could soon reach a portfolio of $1 trillion, which may attract new investors and lead to a stock price increase. The company's business model has shown consistent growth and offe...
Mr. Cooper Group Inc. (COOP) Q4 2023 Earnings Call Transcript
Mr. Cooper Group Inc. (COOP) Q4 2023 Earnings Call Transcript